Dow Dips Below 9000 On Motorola Profit Warning
The Dow Jones average slipped to 8956.50 as tech shares fell after Motorola issued a profit warning amid Asia crisis concerns. Nasdaq tumbled 30.43 to 1798.71 while volume rose to 670.76 million shares. Analysts cautioned against assuming a market-wide correction.
MENTIONED IN THIS ARTICLE
New York
Citicorp Travelers Group
Motorola
Dow
Gregory Nie
Lyst
Everen Securities
Chicago
Wall Street
Asia
Thom Brown
Rutherford, Brown & Catherwood
Philadelphia
Stock Market Close Sets New Highs and Totals
Market report shows 2,110 closings with 899 new highs and 3,495 total issues. Composite volume reaches 815.96 million shares, above 1997 average 630.22 million.
Insurance hope fuels Kroger site cleanup plan
Ted Sahley of HCW Inc says cleanup and possible rebuilding of the former Kroger on Harper Road hinge on an insurance settlement. Kroger spokesman Archie Fralin notes the company aims to return, contingent on HCW and insurer negotiations and the April 20 repair or removal deadline. Both sides expect a settlement in weeks.
MENTIONED IN THIS ARTICLE
Kroger
Harper Road
Ted Sahley
HCW Inc
Sahley
Archie Fralin
Fralin
Sadley
Dividend and stock figures from AFLAC AT&T and peers
Stock table lists AFLAC AT&T and numerous firms with varied prices and yields. Entries include ratios like 46 65 6 and 132, 1.04, 2.85, and 1.62 amid references to Kmart Lowe's Jostens and Kimco. The snippet mixes percentages, dates, and ticker-like data without a cohesive narrative.
MENTIONED IN THIS ARTICLE
AFLAC
At&t
Albersa
HK Tel
JohnJn
Jostens
Kmart
Kimco
Fregerco
Charleston Sternwheel Regatta To Be Studied For Survival
Consultants from Purdue and the University of Calgary will study whether Charleston's Sternwheel Regatta can be saved after attendance declines and deficits. The 10 night festival on the Kanawha River attracts thousands daily and features musical acts. Results expected by end of May.
MENTIONED IN THIS ARTICLE
Charleston
Kanawha River
Alastair Morrison
Purdue University
Don Anderson
University of Calgary
Alberta
Charleston- Kanawha County
Chris Walker
Georgia-Pacific to buy CeCorr Inc in $190 million deal
Georgia-Pacific will acquire CeCorr Inc a Indianapolis corrugated sheet producer for 190 million dollars. CeCorr posts 282 million in annual sales ships 5.8 billion square feet yearly and operates 11 DeCorr sheet feeder plants a corrugating paper mill and multiple support units. CEO A D Pete Correll says the acquisition fits GP growth in packaging. Closing planned in Q2 with a half cash half stock consideration.
MENTIONED IN THIS ARTICLE
Georgia-Pacific
CeCorr Inc
CeCorr
A.D. “Pe
Te” Correll
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