Retailers report slow April sales across the board
New York AP reports April same store sales remained weak as Easter and Iraq war wind down failed to lift spending. Only big Inc showed a surge near double analysts forecasts while Bank of Tokyo Mitsubishi posted a 3.2 percent gain across 79 stores, influenced by the Easter calendar shift.
MENTIONED IN THIS ARTICLE
New York
Iraq
Big Inc
Todd Slater
Lazard Freres
Tokyo
Mitsubishi
WalMet
Son Ant J.C. Penney Co. Inc
Et Tix Cos Limited Brands Inc
E Target Corp
Esa
Tpansanite Gap Inc
Dillard's Inc
Sates Sn A Saks Inc Ee
Federated Stores Inc. Department
Nn A
Roebuck and Co
Retail sales seen up in May. company boosts Q1 outlook
Retail sales are expected to rise by about 1 percent to 3 percent in May, while the company lifted its first quarter outlook late Wednesday. The updated forecast signals stronger demand and improved margins for the quarter.
Mortgages Fall Toward Record Low
Rates on 30-year fixed mortgages slipped to 5.62 percent for the week ending May 9, near the all time low of 5.61 percent set in mid-March. Freddie Mac reported the drop as bond investors favored safer assets, helping home sales trend toward record and near-record figures in recent years.
MENTIONED IN THIS ARTICLE
Washington
Freddie Mac
United States
Iraq
David Lereah
National Association of Realtors
Required tests to cost billions for taxpayers
GAO estimates mandated student testing will cost between 1.9 and 5.3 billion dollars over seven years. By 2005-06 states must test grades 3-8 annually in math and reading, and at least once in high school. No Child Left Behind also requires a science test by 2007-08. If states use only multiple choice, cost could be as low as 1.9 billion.
MENTIONED IN THIS ARTICLE
Washington
Congress
General Accounting Office
Nixon tape 18 minute gap remains a mystery
Audio experts fail to recover intelligible sound from the 18 minute gap on Nixon tape made June 20 1972 during a chat with H R Haldeman. Archives will preserve the tape and revisit later generations may try again.
MENTIONED IN THIS ARTICLE
Gap
Washington
Nixon
National Archives
Sam
John Carlin
Democratic National Committee
Watergate
Carlin
H.R. Haldeman
Investment in You Super-Tune-Up Offer
A heating and air conditioning contractor promotes a limited-time drastic discount on their Super-Tune-Up to attract clients for life. They highlight national affiliation, ongoing training, and commitment to service, repair, replacement, and team-building as proof of quality. The message emphasizes a spectacular offer to win new clients for life.
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Ratliff Ranch Grill
Gring
Jiom
N. Grandview
Odessa
Rose Mary Woods
John Sirica
Maddy
St. Bart
Dillard's
Visa
Mastercard
American Express
Discover
Diners Club
Music City Mall
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