Tech firms launch consumer protection drive on gray market
Washington AP A coalition of major tech companies led by Compaq Hewlett Packard 3Com Nortel Networks and Xerox launches a campaign to warn consumers about gray market products sold for foreign markets that may not work in the United States The effort seeks to curb resellers who strip parts counterfeit or misprice gear risking no support warranties or proper function and may spur lawsuits against distributors.
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Washington
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Marie Myers
Compaq Computer
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Stockyards Springfield Market Report for Eastern Cornbelt Prices
AP field report shows carcass prices by thickness from 0.5 to 0.9 inch bf ranging 56.25 to 61.49 with negotiated purchases totaling 12 581. Illinois direct hogs mostly 1 to 2 dollars lower with US 1 3 300 to 400 lbs at 30 to 34 dollars and heavier weights up to 38 dollars. Boars under 300 lbs 24 to 30 dollars and over 300 lbs 20 to 24 dollars.
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Grain futures dip on quiet export news and harvest pace
Grain and soybean futures edged lower on the Chicago Board of Trade as weather threats and U.S. exports remain light. Wheat declined with no export news. December wheat at 2.87, December corn at 2.31, December oats at 1.43, and November soybeans at 4.84 per bushel.
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Chicago
Chicago Board of Trade
U.S
Stocks finish mixed as rally fades
New York stocks closed mixed after an intraday rally faded amid late-session selling. Blue chips rose slightly while technology shares slumped on doubts about Hewlett Packard's 20 billion takeover of Compaq. the day opened on optimism from a stronger than expected NAPM manufacturing index and a hint that the worst of the manufacturing downturn may be behind. The market remains fragile as investors fear a sustained advance without stronger earnings and capital spending.
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New York
Wall Street
Hewlett-Packard
Compaq
Barry Hyman
Ehrenkrantz King Nussbaum
Michael Strauss
Commonfund
Market closes with mixed gains and declines
The Dow Jones ends at 9,997.49 up 47.74 after hours amid a broad session of gains and losses across major indexes. S&P 500 sits at 1,132.94 down 0.64 while Nasdaq Composite falls 34.65 to 1,770.78. Volume across NYSE shows 1.18 billion in regular trade plus 9.61 million after-hours, with 1,627 issues higher and 1,474 lower.
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Standard& Poors
American Stock Exchange
Russell
NYSE
Week’s Most Active Stocks Recap
A brief survey highlights the week's top gainers and losers across major exchanges led by tech and financials. Notable movers include large cap names showing brisk trading volume, while energy and healthcare issues show mixed results amid market volatility.
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