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Portsmouth Herald in Portsmouth, New Hampshire

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Newspaper

Portsmouth Herald

Location

Portsmouth, New Hampshire, United States of America

Date

Jun 07, 2003

Page

24

Dow posts sixth straight gain as market nears bottom

Wall Street ended mixed with the Dow Jones up for the sixth straight session while the S and P 500 topped 1000 for the first time in almost a year. Oracle's bid for PeopleSoft spurred optimism and traders eyed further deals as analysts saw signs of an economic turn. NYSE also adopted broad governance reforms barring top officials from board seats on listed firms and requiring salary disclosures.

New York Wall Street Standard & Poor Dow Jones Oracle PeopleSoft Arthur Hogan Jefferies & Co New York Stock Exchange NYSE Richard Grasso Exchange

Mortgage Rates Dip to Record Low Nationwide

Freddie Mac reports a 30 year fixed mortgage rate at 5.26 percent for the week ending June 5, the lowest since 1971. Unemployment rose to 6.1 percent in May, but job losses slowed, hinting at a potential economy rebound. In Massachusetts, former Interspeed Inc officers were indicted on fraud and record falsification charges.

Washington Freddie Mac Labor Department Boston North Andover Internet Arthur A. Goodwin Plano Texas Andover Interspeed Inc William J. Burke U.S

Seacoast Realtors unveil seller's market strength in Portsmouth

Seacoast Board of Realtors President Wanda Syphers notes a robust seller's market driven by low mortgage rates around 4.75 percent for 15 years and steady relocations to the region. The Seacoast awards luncheon at Yoken's honored Kathy Walsh as 2003 Realtor of the Year and Lynn McLaren as 2003 Affiliate of the Year. Scholarships of 1000 dollars each were awarded to six high school seniors from Portsmouth, Winnacunnet, and Exeter.

Portsmouth Seacoast Realtor Seacoast Board of Realtors Wanda Syphers Century 21 Syphers Realty Seacoast Syphers New Castle Rye Newington Federal Reserve Yoken’s Kathy Walsh Walsh New Hampshire National Association of Realtors Lynn McLaren McLaren Robert Cushing Kelly Allinson Bryan Rogers Portsmouth High School Katelyn Beveridge Winnacunnet High School Hampton Shannon Booth Shane O'Connor Joseph Russell Exeter High School

Historic Market Square spaces eye high end tenants

Two Market Square buildings in Portsmouth listed on the National Register are for lease after recent bank moves. The 22 Market Square unit offers about 2,500 square feet with street retail and upstairs offices, while 26 Market Square provides 2,100 square feet on the first floor. Brokers say rents target the higher end due to location and history.

Portsmouth First & Ocean National Bank Eagle Photo Market Square Ocean National Bank State St First Bank United States New Hampshire Bank Portsmouth Savings Bank Piscataqua Exchange Bank First National Bank of Portsmouth Centerpoint Bank LBJ Properties Taylor Kumminz DeBorah Fine Jewelry Kane Co Bob Marchewka Gail Hughes Hughes Marchewka James A. Shanley Portsmouth Advocates Shanley 22 Market Square Deb Cram Dcram Bob Marchenka Larry Serandos

Erbitux Drug Moves Closer to FDA Review After New Data

ImClone Systems and Bristol-Myers Squibb will refile for U S approval of Erbitux amid new data showing tumor shrinkage in certain colon cancer patients. If approved, the drug could reach the market next year, with six month FDA review likely due to its novel treatment approach. Shares of both companies rose after hours on the news.

New York Erbitux ImClone Systems Inc Sam Waksal Martha Stewart ImClone Bristol-Myers Squibb Co United States Bristol American Society of Clinical Oncology Food and Drug Administration FDA

Also Mentioned on This Page

Internet National Register of Historic Places Christine Gillette Ogillette
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