Negative news idles market Dow Jones falls .86
The stock market drifted all day with the Dow Jones average closing down .86 at 20.64 as negative news weighs on sentiment. Analysts cite gas shortages inflation unemployment and ongoing strikes as factors keeping buyers sidelined and volumes light.
MENTIONED IN THIS ARTICLE
D-J
New York
New York Stock Exchange
Larry Wachtel
Bache & Co
Willan Nelson
Moody's Investors Service
Ped
Washington
Wachtel
Kaiser Steel Reports 1973 Profits And Sales Turnaround
Kaiser Steel Corp reported consolidated net earnings of 62.6 million or 7.43 a share and consolidated product sales of 408.8 million for 1973. Sack J. Carlson, president and CEO, said 1973 was a turnaround year as demand for steel products extended capacity in the U S and worldwide.
MENTIONED IN THIS ARTICLE
Oakland
Kaisar Steel Corp
Sack J. Carlson
Pittsburgh
National Steel Corp
George A. Stitsad
National
No. 2 Steeltnaker
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