Dow recovers from 439 point drop to small loss in volatile session
The Dow Jones fell 439 points at the day’s low before finishing down 45.34 points 0.5 percent as traders chased bargains late in a stomach churning session. Analysts cited panic, yet some buyers stepped in seeking quick profits amid a bleak market mood.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Dow Jones
Tony Cecin
US Bancorp Piper Jaffray
Minneapolis
Dow
Stephen Carl
Williams Capital Group
Energy firms face probes into trading practices in Permian
Economists warn any energy trader may face investigations as El Paso Corp Duke Energy and Dynegy Inc come under SEC scrutiny. Subpoenas seek accountings of trading activity amid questions whether timing inflated revenues. Dynegy says investigations won’t affect operations. Northern Natural Gas runs 16000 miles from Permian to Midwest.
MENTIONED IN THIS ARTICLE
Ray Perryman
Permian Basin
el Paso Corp
Dynegy Inc
Duke Energy
Houston
Dynegy
Steve Stengel
Northern Natural Gas Co
Midwest
Stengel
Intersection repair on 42nd Street near JBS Parkway expected end of week
Texas DOT area engineer Daniel Dalager expects completion of the resurfacing project at the 42nd Street and John Ben Shepperd Parkway junction by week’s end. Crews face mismatched lane markers and cracked panels requiring reconfiguration and replacement.
MENTIONED IN THIS ARTICLE
42Nd Street
Murphy
Daniel Dalager
Texas Department of
Cme Cullinien
Dalager
Jbs Parkway
Glen Sarum
Txdot
Sarum
Grandview
Jbs
Texas Department of Transportation
John Ben
Lindh Plea Deal Cuts Terrorism Charges to 20 Years
John Walker Lindh agreed to a plea deal with prosecutors that limits the terrorism charges and imposes a 20 year prison term. The agreement, reached after White House involvement, aims to spare the government courtroom risk and Lindh a possible life sentence. If judge T S Ellis III approves at sentencing on October 4, Lindh could be released by age 41.
MENTIONED IN THIS ARTICLE
Alexandria
John Walker Lindh
White House
Sindh
Taliban
al-Qaida
James Bresnahan
T.S. Ellis
Lindh
Bush
United States
County OKs water tower
County commissioners unanimously approve a 125 000 gallon fire watering tank for use by Family Dollar and others, budget 128000. State AG opinion required before finalizing as county notes no cash incentives to private industry and uses city partnership.
MENTIONED IN THIS ARTICLE
Ector
Freddie Gardner
Attorney General’s Office
Neil McDonald
CDC
McDonald
Family Dollar
City pushes overpass at JBS to aid Family Dollar site
Odessa Chamber of Commerce president Mike George says accelerating an overpass at John Ben Shepperd Parkway to late 2004 would aid access for a planned 900000 square foot Family Dollar distribution center with 500 jobs. Tax abatements expected this summer to allow construction by August and opening early in 2003.
MENTIONED IN THIS ARTICLE
John Ben Shepperd
George
Odessa
JBS
Union Pacific
Also Mentioned on This Page
Luke Scanion
New York Stock Exchange
Lee Road
Gary Payne
Shepperd Parkway Boulevard
Midnight Deal
James Brosnahan
WTC memorial/SA
Oks
Mike
Panhandle
Texas
Bridge
SCC
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