Weekend Market Report Reflects Mixed NYSE Close
The Dow rose 3.71 to 2629.21 as Friday trading ended mixed amid recession fears. Volume reached 111.04 million on the NYSE with breadth skewed toward decliners, while gold stocks firmed and major indices edged up on yearend trading.
MENTIONED IN THIS ARTICLE
NY Stock Exchange
New York Stock Exchange
McDonald's
American Telephone & Telegraph
International Business Machines
Citicorp
J.P. Morgan
Hanover
BankAmerica
Commodity Exchange
New York
Homestake Mining
Battle Mountain Gold
ASA Ltd
Newmont Gold
Wilshire Associates
NYSE
Standard & Poor
S&p
American Stock Exchange
Welfare cuts approved by panel in Topeka
A Kansas state board voted 4-1 to extend a temporary regulation reducing AFDC monthly stipends by $9 per person until April 1 when it would become permanent unless the Legislature acts. The measure keeps a $9 cut for a family of three, lowering benefits from 410 to 383 dollars, with potential state costs of about 8 million annually if lifted.
MENTIONED IN THIS ARTICLE
Topeka
Kan
State Board of Rules and Regulations
Dennis Taylor
Social and Rehabilitation Services
AFDC
Mike Hayden
Department of Social and Rehabilitation Services
Hayden
Rules and Regulations Board
High yield government funds And option risk explained
A reader learns that some high yield government income funds use options on bonds to boost monthly payouts. This can sacrifice principal protection and limit active risk management. Investors should assess income versus capital preservation and total return before investing. Courtesy by Keith Johnson of E.D. Jones & Co.
MENTIONED IN THIS ARTICLE
Bob Upton
Ong
U.S
Keith Johnson
E.D. Jones & Co
Supreme Court leaves MCA Inc. deal intact
The Supreme Court refused to block the $7.4 billion MCA Inc. acquisition by Japan's largest electronics firm. Justice Scalia rejected Go-Video Inc. emergency request without a written opinion, and Kennedy referred the matter to the full court, which also declined to intervene.
MENTIONED IN THIS ARTICLE
Washington
Supreme Court
MCA Inc
Japan
Antonin Scalia
Go-Video Inc
Anthony M. Kennedy
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Weekend Market Report
Commerce Department
DuPont
General Motors
General Electric
Limisco
South Main
Ottawa
Jerry Pickett
Mark Sigurdson
Bob Stephan
Bill Graves
Shelby Smith
Rep
Frank Buehler
R-Claflin
Sheila Frahm
R-Colby
Smith
Graves
Stephan
Financial Focus
SEARS
VISI
Adaerica
Aera
Diehard
Allstate Motor Club
S. Main
Loita
Jim Hogan
W. Tecumseh
Farm Bureau Insurance
Elder's Cooling & Heating
Main
Franklin & Anderson Counties
Franklin County
Annes
OLD Alco
Otiawa Nursing Program
Hogram
HIT
Directon OF
McEiley
Merley
Beetley
Ecezuey
George FP Danielson
Hiwine
Auhick
CRION
APPLE
Flemehiary Spanesh Chius
Neal Psyka
Bnav Haring
Joi
Tucker Ooccker
Simard
OMS
Garnett Rollwent Fom
Wigie School
Wednesaay
Kellerman
Rykan 'K
Mutier IF
Humhier
RYMAN
Wood Owzzard
Feeroorn Womarter
Wowarier
Muwarter
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Wil Labrary
Monoat
Acttenburg Swayhe
Palscout & Waney Geit GO Tucker
Tucker D
Ier
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Sie
Siammary
Suangadgh
Girard A
Kansas
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Thoas
Iet
Ege Salon
Tukon
Mare
Garnett
Wellsville
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Neosho County Community College
Chanute
JISC
Shirley Fluke
Dow Wicken
MLB
CPA
Briggs
Andrews
SCIZI
Indpuruc Eton
Administration OF Justice
F Briggs
Aletley
Certral Vocational CO
Hasaic Hall
HBC
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AL Geura
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Schot
PASC
Send¢Oe Gerty Goms
Speyer Emeneaeres Swaine
Rma
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