Adelphia founder and two sons arrested in fraud case
Federal authorities arrest John Rigas and his sons Timothy and Michael amid charges they looted Adelphia Communications to fund personal ventures. SEC sues for one of the largest corporate frauds, with investors harmed and potential jail terms up to 30 years.
MENTIONED IN THIS ARTICLE
New York
Adelphia Communications
John Rigas
Timothy
Michael
James Brown
Michael Mulcahey
Pennsylvania
Rigases
Rigas
SEC
Adelphia
William Kezer
U.S. Postal Inspection Service
Buffalo Sabres
National Hockey League
Adelphia Communications Corp
U.S. Postal
Federal Court
Manhattan
Grain futures rise as weather forecasts sway prices
Grain and soybean futures climbed on the Chicago Board of Trade amid uncertain forecasts of rain and heat over key growing areas. Corn and soybeans advanced with spillover gains from soybeans, while wheat rose on beans and corn strength. September wheat up 3.25 cents to 3.36, September corn at 2.4925, August soybeans at 5.84.
MENTIONED IN THIS ARTICLE
Chicago
Chicago Board of Trade
Closing Stock Prices on New York Stock Exchange
New York AP lists Wednesday trading for NYSE listed stocks with columns for Sales High Low and Close, featuring AFLAC AOL AT&T and many large caps. Prices vary widely across listings, with notable highs for Coca Cola, ChevronTexaco, Exxon Mobil, IBM, Microsoft, and Walmart among others.
MENTIONED IN THIS ARTICLE
New York
NYSE
At&t AS
Wrls
AbtLab
AMD
Agere
Agere B
Agilent
Alcan
Allstate
AnalogDev
Anheusr
BP PLC
BankOne
Bk of Am
Bkny
Barrickg
Baxter
BellSouth
BestBuys
Boeing
Cablvsnny
Cadence
Calpine
CapOne
CaremkRx
Cendant
ChevrnTex
Citigro
ClearChan
CocaCol
Compas
Conoco
Cnvrgys
Corning
CoxCom
CrwnCstle
CwnCork
Delphi
DeutTel
Disney
JowChm
JuPont
DukeEgg
Etrade
EMC Cp
ElPaso Cp
Elan
EDS
ExxonMbl
FanniMac
FleetBost
FootLockr
Fordm
FredMac
Gap
GenElec
GnMotr
Gillette
Globalsfe
Goldmans
HCA Inc
Se Hallihen Ca
Eastern Cornbelt carcass prices fall as hog markets ease
Eastern Cornbelt prices closed uneven with declines from .75 to .9 inch backfat ranges. Illinois Direct Hogs Sows totaled 13,496 with steady demand but light activity. 1 3 300 400 Ibs 16.00 18.00. 400 500 Ibs 17.00 18.00. 500 600 Ibs 18.00 20.00. over 600 Ibs 19.00 21.00. Boars under 300 Ibs 20.00 25.00. over 300 Ibs 7.00 10.00.
MENTIONED IN THIS ARTICLE
Springfield
Illinois
Investor chatter and company views on online forums
Investors and executives discuss the value and limits of Internet chat for evaluating stocks. Willem Pim Borman of PC Users Group Evansville says forums rarely guide investments, preferring Bloomberg. Alan Boggs of Old National Bancorp monitors investor sentiment but cautions on reliability and bias.
MENTIONED IN THIS ARTICLE
Willem Pim Borman
PC Users Group
Evansville
Borman
Alan Boggs
Old National Bancorp
Boggs
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