Coal to liquids gains steam as U S plants move forward
In Charleston West Virginia industry officials push coal to liquids as a path to reduce oil imports with multiple projects and a national conference in Beckley featuring lawmakers and industry leaders. Rentech and Headwaters pursue plants while Consol Energy and Massey Energy back domestic fuel goals despite political hurdles and funding debates.
MENTIONED IN THIS ARTICLE
Charleston
W.va
Congress
United States
John Ward
Headwaters Inc
National Mining Association
Coal-To-Liquids Coalition
Beckley
John Murtha
D-Pa
Jay Rockefeller
D-W.va
U.S. Air Force
Rentech Inc
South Jordan
Utah
Consol Energy
Rentech
East Dubuque
Hunt Ramsbottom
Washington
West Virginia
Joe Manchin
Mideast
Don Blankenship
Massey Energy Co
Wall Street slides on Wal-Mart results and credit fears
Wall Street fell sharply as Wal-Mart profit forecasts and housing weakness spurred selling. Investors fretted over credit market stress with Sentinel Management and other funds facing withdrawals while Goldman Sachs reported losses and payout. Dow dropped 208 points to 13,029 as financials and consumer stocks dragged the indices.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Dow Jones
Wal-Mart Stores Inc
Home Depot Inc
Sentinel Management Group Inc
Goldman Sachs Group Inc
Federal
U.S
Scott Fullman
LA. Englander & Co
Standard & Poor
Market watch diary highlights August 14 2007
The NYSE diary shows 13,028.92 with 433 advances and 2,920 declines while 79 are unchanged and volume falls by 3.72 billion. The Nasdaq diary records 814 advances and 2,248 declines with 10 unchanged and volume down 1.96 billion.
MENTIONED IN THIS ARTICLE
NYSE
Newlows
Markets Slip as Banks Report Mortgage Losses
Major investment banks report losses tied to mortgage backed securities. Goldman Sachs drops to 169.75 amid ongoing declines while Bear Stearns sinks to 106 after earlier fund wipeouts. Sentinel says it cannot meet withdrawal requests without steep asset sales and awaits CFTC permission to halt redemptions.
MENTIONED IN THIS ARTICLE
Goldman Sachs
Bear Stearns Cos
Sentinel Management
Sentinel
Commodity Futures Trading Commission
August credit crunch squeezes banks and mortgage firms
August reveals a broader credit squeeze as banks tighten standards on subprime and prime jumbo loans. Mortgage firms like Countrywide warn of worsening profits while American Home Mortgage collapses, triggering liquidity withdrawal and a slump in M&A activity with 289 deals totaling 18.4 billion versus last year’s 365 deals worth 30.2 billion.
MENTIONED IN THIS ARTICLE
New York
Federal Reserve
Fed
Ate.com
Countrywide Financial Corp
Calabasas
Calif
Melville
AHM
JMP Securities
Steven C. DeLaney
Thomson Financial
Closing stocks slide across major names in NY market
NY stock listings show mixed closes with declines for iShTaiwan iShEmMkt and iShREst while AmEx JPMorgan AT&T and Apple trade near prior levels. Benchmark names like ExxonMobil WalMart and Goldman Sachs register modest moves amid broad volume as analysts weigh tech and energy shifts.
Wheat futures rise as grain prices move on CBOT
Wheat for September delivery rose 26 cents to close at $6.9250 a bushel while December corn dipped 4 cents to $3.45 and December oats gained 1 cent to $2.60. November soybeans fell 15.75 cents to $8.66 a bushel as markets shifted on the Chicago Board of Trade.
MENTIONED IN THIS ARTICLE
Chicago
Chicago Board of Trade
Stockyards report price ranges and hog sales data
Eastern Cornbelt carcass prices show 0.5 to 0.9 inch bf ranges from 60.75 to 75.68. Today's Illinois direct hog purchases total 12,535 with mostly steady trading and moderate demand. Hog weights 300-400 Ibs 32.00-34.00, 400-500 Ibs 33.00-35.00, 500-600 Ibs 34.00-36.00, over 600 Ibs 35.00-37.00. Boars under 300 Ibs 26.00-30.00, over 300 Ibs 11.00-15.00.
MENTIONED IN THIS ARTICLE
Alcoa Inc
Coke
Lee Ent
Sears
All State
ConAg
Lowes
Southern Co
Altria
CVS Corp
Macy's
Southwest
Ameren
Devon
McDonalds
Sun Micro
Apple
Dillard's
Metlife
Discover
Microsoft Super Valu Applied Materials
Unova
Archer
DuPont
Mips Technologies
US Bancorp
AXA
Fifth Third
Nbty Inc
USG
Baker Hughes
First Data Corp
Nucor
Verizon
Bemis
Ford Motor Co
Occi. Petrol
Pfizer
Wendys Burger King Whirlpool
Canadian Rail
Intel
Pier
CAT
Integra
ProFac Coop
CBRL
JC Penney
Prudential
Wachovia
CIFRA
Jones Soda
Qualcomm
CINF
NEW York
iShTaiwan
NYSE
Ishemmkt
AES Corp
Ishrest
AMR
At&t Inc
Jpmorgch
AMD
Johnnn
Alcan
Kohls
AlcatelLuc
Kraft
Kroger
Altrias
Scorp
Amovill
LehmanBr
AmExp
Bio
Annaly
Macys
ApplBio
ArchDan
Mattel
Avaya
Merck
BeBrades
Merrily
BkofAm
Micront
Bknymel
Moodys
BearSt
MorgStan
BeazHm
Motorola
BestBuy
Nabors
BostonSci
Newacpa
PepsiCo
Cvscare
Petrobrss
CapOne
Bres
Ss Caterpillar
Ered
Chevron
CireCity
ClearChan
Safalee
ConocPhil
Schergel
Schimbig
CamwdFn
Seagatet
Horton
Selectra
Delta Airn
Southnco
Directv
SwstAirl
Disney
Domtargif
SprintNex
Duke
Talwsemi
Target
el PasoCp
TenetHlth
ExxonMbl
Texinst
FannieMif
Thornby
FirstData S
Fordm
UtdMicro
GenElec
US Bancro
Golderpg
Valeroe
Goldmans
VerizonCm
Goodyear
Vmwaren
Gp Televisa
Hallibrun
WalMart
Hewlett P
Walgrn
Hilton
WA Mall
HomeDp
Wells Fargo
HostHotls
Wyeth
Brazil
Xerox
Japan
Yamanag
Springfield
Illinois
Also Mentioned on This Page
Labor Department
Mike Malone
Cowen & Co
European Central Bank
Standard
Poor's
RLC
Kle
Crean
the Associated Press
S Furniture
Valen Crna Aes