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Newspaper
Roswell Daily Record
Location
Roswell, New Mexico, United States of America
Date
Mar 21, 2013
Page
13
The Dow up 85 points to 14,541 as the Fed sticks to low rates and bond purchases while Cyprus seeks a bailout. FedEx drops on earnings, Adobe gains on subscriptions, and other firms swing with the eurozone tensions and US data.
HP will hold its annual meeting in Mountain View California as shareholders vent frustration over botched acquisitions and missteps that marked a rough 74 year history. The revolt targets directors John Hammergren G Kennedy Thompson Ray Lane Marc Andreessen and Rajiv Gupta with potential strong opposition to Hammergren and Thompson. Meg Whitman’s leadership has helped stock rebound about 60 percent this year but shares hover near $23 as the broader markets rise.
An AP NORC survey finds 35k or less earners anxious and pessimistic about job prospects. Sixty-seven percent of employers see some advancement, while 67 percent of low wage workers see little or no opportunity. Only 41 percent of decade-long workers report promotions.
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