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Syracuse Herald Journal in Syracuse, New York

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This newspaper page contains 7 articles. Subscribers can read the full text of each article.

Newspaper

Syracuse Herald Journal

Location

Syracuse, New York, United States of America

Date

Feb 07, 2001

Page

8

Productivity grows 2.4 percent in last quarter

Productivity rose at a 2.4 percent rate last quarter signaling a gain in living standards though slower than many forecasts and marking the weakest pace since the first quarter of 2000.

Cisco Posts Strong Q2 Profit Rise Amid Soft Economy

Cisco Systems Inc reports second quarter earnings of 874 million dollars or 12 cents a share, up from 216 million dollars a year ago. Excluding one time items, earnings reach 1.33 billion dollars or 18 cents per share. The firm cites a softening economy as a factor in slower growth. A technology awards event and a chamber of commerce leadership change are noted in related items.

Sisco Systems Inc Wall Street Cisco

Dowdell Named Community Development Manager at Fleet Davie

Dowdell, an assistant vice president with more than 17 years in consumer banking, joins Fleet Davie as community development manager. She previously managed 23 Fleet branches and began at Onondaga Savings Bank in 1983, advancing in regional finance roles.

Ae Dowdell Syractine Fleet Davie Dowdell Fleet 23 Onondaga Savings Bank Anne Monflick Gallingesf Gmac Real Estate Central New York Mondlick 2 Greater Syracuse Fmexico Fulton Savings Bank Backus Mexico Independent Inc. Printing Company Oswego County

Postal Service weighs rate hike as volume falls

The Postal Service faces a multibillion dollar shortfall amid falling mail volumes and economic downturn. A rate increase is being considered with a first class stamp rising to about a penny more, while the independent Rate Commission cut other proposed hikes. Governors may overrule only unanimously, and management is ordered to trim nonessential programs and review long term pricing as capital spending is cut.

Dar Independent Postal Rate Commission Postal Board of Governors San Antonio Texas Rider It Commission Independent Commission Peress

Nasdaq Turns 30 as it Faces New Trading Realities

Nasdaq marks 30 years as a pioneering electronic market while contending with a weaker 2000, competing with NYSE on decimal pricing, and scrutiny over trading costs. Nasdaq officials tout growth, plus plans to expand in Europe and Japan and to separate from its parent NASD.

York Vancedlectronic New York Stock Exchange National Association of Securities Dealers Europe Japan Microsoft Intel Patrick Healy Issuer Network Fardwick “Wick” Simmons Simmons NYSE Charles Jones Columbia University Graduate School of Business Securities and Exchange Commission The Justice Department New Toles

Bugle Boy Retailer Faces Bankruptcy and Store Closures

Rumors swirl about Bugle Boy's fate as bankruptcy proceedings begin in California. The Great Northern Mall store awaits word on its status while other outlets struggle, with Onondaga County histories noting two openings decades ago and leadership changes signaling broader troubles across the chain.

Great Northern Mall Bugle Boy Onondaga County Lane Bryant Great Norchermin Clay Wells & Caverts de Witt

Chrysler suppliers resist price cuts in push for concessions

Chrysler faces stiff supplier pushback after imposing a 5 percent price cut effective Jan 1 as it seeks to cut 2.15 percent or $6 billion in component costs over three years. Some suppliers halted shipments while New Venture Gear and others negotiated, with Chrysler aiming to save more by 2003 amid broader cost cuts, plant closures, and job reductions.

Detroit Chrysler DaimlerChrysler AG Separal Poead Tisler New Venture Gear DeWitt Michael J. Baur Lee Company DaimlerChrysler Gear Dce Dohler Kesler Gertier Cki General Motors Cp Ford Motor Co de Koker Charley Hanna- Bah

Also Mentioned on This Page

Technology Club Srractice Holiday Inn On Electronics Parkway Salina Donna Matteson Ww Syrtechelnborg Chamber of Commerce Willliam R. Hess Farmers & Traders Life Insurance Co Greater Syracuse Chamber of Commerce Hess Darlene D. Kerr Niagara Mohawk Power Corp Siaftrepons Ea Lauy Dow Jones S&p Sco Postal Service the Associated Press Washington LS. Postal Service Howe Tos Astonane Frank Zarb Hardwick Simmons New York Credtirs Er William Mow Syracuse Geraldine King Beauford International Decor S. Salina St Kionday South Salina Landmark Lowes Cos. Inc Ing W's North Carolina Home Depot Lowes Philadelphia Boston Big Boy West Genesee Street Fairmount Pair Charter One Western Lights Geddes New Velaska Road Oliver's Garding SA Hill Aaron Knight John Sposato Herald American Bow Bob Associated Press Compa
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