Nasdaq dips as tech and pharma shares pull market down
Tech and pharmaceutical stocks led a broad selloff on Tuesday as the Nasdaq composite dropped 91.15 to 4,143.18 after a muted session. Merck and Pfizer fell while Dell and Gateway slid, with investors citing potential oversupply and slower earnings. Overseas markets fell as Nikkei and European indices declined.
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Tech
New York
Shea Ovelei
Tuesaday
Bill Barker
Daii Rauscher
Gateway
Dell
Banc of America Secu
Merck
Penton
Pfizer
New York Stock Exchange
Intermedia Communications
WorldCom Intermedia
Boonastck
Atau Digex
Wannee
Fisher Scientific International
Yabouk OY
Subiaend
Sheepi Savage
Tor
Fain
Niagara Mohawk Holdings
National Grid Shoe
Nia
Japan
Germany
Britain
France
Allegheny, APC Offer Power Protection Solutions
Allegheny Energy Solutions, unregulated subsidiary of nynergy Inc, teams with American Power Conversion to supply a full line of power protection for businesses. Davis, APC Small Systems Group VP, notes uninterrupted power is vital to keep computers and sensitive electronics running amid power events.
MENTIONED IN THIS ARTICLE
Allegheny Energy Solutions
American Power Conversion
Nynergy Inc
American Conversion
Business Davis
APC
Small Systems Group
Energy Solutions
Sate
Nursing Home Bankruptcies Surge Amid Medicare Cuts
More than 10 percent of U S nursing homes face bankruptcy as Medicare payments per day fell from just over 100 to 288, triggering cuts officials say went too far. The president proposed a 2.6 billion Medicare boost for 2001 2 with an eye to 1 billion more over five years while Senate members warn of billions in industry spending and skepticism about the financial viability and oversight of the sector.
MENTIONED IN THIS ARTICLE
Heabt
Senate
Special Committee On
John Breaux
D-La
Gai- Lean & Lon i
Mr. Grassley
Grain and soybean futures rise on crop condition fears
Grain and soy markets climbed on the Chicago Board of Trade as traders bet on a deterioration of crop conditions due to hot dry weather. Dec wheat edged up to 2.69 a bushel, Dec corn gained 3 cents while cattle and hog futures moved, with pork bellies dropping slightly.
MENTIONED IN THIS ARTICLE
Chicago
Chicago Board of Trade
Judy Beckwith to speak at CTRAIN meeting September 14
Judy Beckwith will be guest speaker for CTRAIN at 10 am on Thursday September 14 at the Frederick Community Conference Center. The meeting costs 10 for members and 15 for nonmembers and includes a light breakfast. Seating is limited. Call 301-846-2406 to register.
MENTIONED IN THIS ARTICLE
Frederick Community Conference Center
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Ugurtesy
Peter Anderson
American Express Financial Advisors
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Frederick Newes-Plost
United States Air Force
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Fr Wate
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Judy Beckwith
Maryland
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