Profit taking slows but stock market holds gains
New York traders paused after a two week rally as the Dow edged up 1.73 to 948.83. Advances slightly outpaced declines on the NYSE as analysts described a painless consolidation and digestion of recent gains. Fannie Mae led actives at 24 with a 1.5 point rise on heavy volume, while Coastal States Gas fell after earlier gains.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
Jee
Larry Wachtel
Bache & Co
John Smith
Fahnestock & Co
Fannie Mae
Coastal States
York
Cmon Trust
Fideley VC
Bresia
Ghent
Reais
Rae i
Ieee Fa
Meares
SaeSias
Soar
Aren
Alan
Ste
Ranep
Cnestiae
SensePawt Cimitep
Hoxco Inc
Rene Lashangil
Aretinaul Cana
Belisa
Maleredig
Leonaress Coelon
Hvac Ie Fennco
Ieee Anid
Geran Eisoavies
Tata Glynthes
Muarphis Og
Suliges
Emeiry
Rulon
NASA Accra
Aveo
Pac Scientific
Inara Ics
Barieets
Leslie
Leavonests
Beran
Rebel
Giereves
Sromnican
Coen Henig
Breget Mallya
Mathur
Jose
Hove
Bard Walkerscalas
Ula
Bermarke
Atco Hse
Megara Ie
Bae Bared
Luyck
I Erie
Amer
Amsridarice Ltd
Arden Paay
Crete
Fem Nor
Aimee
Alee
Rattan
Gillette stops distribution of two antiperspirants over irritation
The Gillette Co. announced it will withdraw two new antiperspirant products Right Guard Extra Strength and Soft & Dri Extra Strength from distribution after tests found mild inflammatory reactions. The move comes as the market has seen limited sales for these items.
MENTIONED IN THIS ARTICLE
Boston
Gil- Telle Co
Gillette
Antiperspirant Shipments Withdrawn After Tests
Vincent C. Ziegler the aciay chairman announced that two new antiperspirant products were halted in shipment and pulled from wholesale and retail inventories pending further evaluation. He stressed that the action does not affect other Right Guard or Soft and Dri products.
MENTIONED IN THIS ARTICLE
Vincent C. Ziegler
Aciay