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Odessa American in Odessa, Texas

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This newspaper page contains 2 articles. Subscribers can read the full text of each article.

Newspaper

Odessa American

Location

Odessa, Texas, United States of America

Date

Jul 21, 2002

Page

3

Investors eye bargains as market nears bear bottom

Investors face volatile markets after a sharp drop in July. The Dow fell to 8019, down 14.5 percent, while the S&P 500 and Nasdaq also slumped. Analysts warn capitulation could signal a bear-market bottom, though timing remains uncertain. Investors like Canan Korustan seek bargains in GE and Target, eyeing Pfizer and cable stocks if declines continue.

Wall Street Standard & Poor Tom Lydon Global Trend Investments Newport Beach Calif Federal Reserve Alan Greenspan Richard del Monte Danville Lydon del Monte Canan Korustan Alamo General Electric Target Pfizer Inc BroadVision Inc Exodus Communications

Bush cites fraud probes as Senate House duel over reforms

President Bush spoke of unethical corporate practices as fraud and theft while Sarbanes and Republican leaders push rival bills to tighten accounting oversight and penalties. Independent oversight, audit split, and stronger disclosure are proposed with SEC strengthening. Both chambers debate a final bill amid a stock market 400 point Dow drop.

House Senate Bush Securities and Exchange Commission Sarbanes House Banking Committee CNN

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