Stocks post gains erase Dow drop amid Asia driven fears
Stocks rose on Wednesday as gains wiped out most of Tuesday's damage from a Asia prompted selloff. The Dow Jones average advanced 90.11 points to 8,552.96, extending a late rally that cut Tuesday's 258 point deficit to a 112 point loss. Broader indicators helped by steady world markets and trader commentary noted a stabilizing Pacific Rim session. Even with the rebound the Dow remains about 785 points below its record, with analysts cautious about the bottom of the recent downturn.
MENTIONED IN THIS ARTICLE
New York
Asia
Pacific Rim
Edward Ilins
Daiwa Securities America
Mutual Funds Price and Change Snapshot
Cobbled OCR shows mixed lines with fund names and values. Key items indicate net price changes and footnotes denoting minor variations. No clear fund names or totals are complete enough to confirm specifics.
Underwood unveils new Medicaid disease management program
West Virginia Governor Cecil Underwood announced a $500000 grant funded pilot to manage diseases such as diabetes heart failure and asthma for Medicaid patients. The plan trains providers in best practices and may include patient education to improve medication adherence and reduce ER visits while delaying short term cost savings.
MENTIONED IN THIS ARTICLE
Charleston
West Virginia
Cecil Underwood
Tional Pharmaceutical Council
Elizabeth Lawton
Bureau of Services
Lawton
Department of Health and Human Resources
Davidew
West Virginia State Medical Association
Michael Miskowiec
Computer firm to add 50 jobs in Pleasant Valley move
Custom Computer Systems Inc. will relocate from Preston County to Marion County, expanding to a 10,000 square foot facility at Valley Industrial Park and adding 50 jobs over three years. About 18 workers will transfer and nine new positions created. last year’s gross sales were 9.8 million with expected 16.5 million this year. The firm sells computers and parts and handles about 500 orders daily. Bennett cited Greene County Pennsylvania and Garrett County Maryland as considered sites.
MENTIONED IN THIS ARTICLE
Pleasant Valley
Preston County
Marion County
Custom Computer Systems Inc
the Valley
Dustrial Park
Don Bennett
Bennett
Greene County
Garrett County
Morgantown post office expands with new facility
Morgantown projects a $5 million post office on U S 119 creating at least 15 jobs. Construction of a 40 000 square foot building in Grand Concourse South starts soon and should wrap by January 2000. The historic High Street post office will be renovated to add more boxes and a retail area.
MENTIONED IN THIS ARTICLE
Morgantown
U.S. 119
Roger Dalton
Grand Concourse South
Dalton
Postal Service
High Street
Federal prisons eyed for Gilmer and Preston counties
Gov. Cecil Underwood's chief of staff says proposals for federal prisons in Glenville and Masontown are advancing. The Bureau of Prisons notes environmental stages ahead with a year end final decision. Each site would host about 250 jobs with salaries near 25 000 dollars annually, as six new prisons are planned by 2003 with support from regional lawmakers.
MENTIONED IN THIS ARTICLE
Charleston
Gilmer
Preston
Cecil Underwood
Federal Bureau of Prisons
James Teets
Todd Craig
Bureau
Bureau of Prisons
Governor's Office
West Virginia
Glenville
Masontown
South Carolina
Kentucky
Pennsylvania
Robert C. Byrd
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Acer
Daly
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P. R
Invb
Capitla P
van P
NatVisn
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Caapa P
Geer
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Instiem
OhioCas
Intsmcr
Oracles
Balp
Neuberger uGrBt
Pennerty Wy
Bluec
Guard
PhrmMkt 'Ae We
Marine
PremFin
InMun
Invb T
StewEnt
HiYield
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Himica
WorldCm
Inca
Intla
Txnya
EchoBay
TF IB T
TEMIA
Osgva P
Garan
Hasbro
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Tyson
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Seagul Welimn
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Westvaco
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CanSoy
Arm
gSoe
Yorkin
Isi Sond Zeneca S
NYSE
Underwood
Preston Counties
Teets
Houser Shoes
Sandal Savings
Seychelles
Raleigh Mall
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