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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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