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Newspaper
The Chronicle Telegram
Location
Elyria, Ohio, United States of America
Date
Apr 04, 2004
Page
7
The article argues most investors should aim for market-matching returns and advises careful evaluation. It notes extreme mutual fund diversification dilutes impact, while 5 to 10 percent in a single stock can significantly move gains or losses. A practical path favors stock market index exposure with selective guides.
Review commissions and fees, minimum deposits, usability, and service quality. Consider banking options, available research, fund offerings, and device convenience. Create a needs list and evaluate brokers by each factor to guide your choice.
A large department store retailer tracing back to 1830, based in Cincinnati and New York, operates over 450 stores in 34 states with annual sales above 15 billion. Its brands include Macy's Bloomingdale's Ben-Macy's and Burdines-Macy's. The Herald Square Macy's hosted the 1924 Miracle on 34th Street and its Thanksgiving Parade began that year. The company faced bankruptcy in the 1990s.
Inter Parfums reports fourth quarter sales up 33 percent and net income up 40 percent, with 539 million in cash and no long term debt. For 2004 the firm targets 15 percent sales and 17 percent earnings growth and plans a 6 million stake increase in Nichols SA.
A trivia entry traces Papa John's growth from a 1984 back-room start to becoming the No 3 U S pizza chain with nearly 3 000 restaurants in 49 states and 16 international markets. It notes ownership of 31 Perfect Pizza in the United Kingdom and claims high customer satisfaction and quality.
The AP reports rising, more sophisticated phishing schemes that imitate real sites like eBay and PayPal. Experts say tech tools and anti phishing software are expanding as banks and merchants adopt behind the scenes safeguards. A 19 year old Houston man pleads guilty to using stolen data, while eBay adds Account Guard to IE to warn users.
U.S. fixed income markets declined after an unexpected March payroll rise sparked fears the Federal Reserve will tighten policy sooner. The 10 year yield rose 26 basis points on Friday and 31 for the week, with Treasury auctions planned Monday for three and six month bills and notices of a four week bill auction. Also announced are Tuesday five year notes, and Wednesday inflation indexed 10 year notes.
New York based Robert Bulmash argues that crackdown on spam and telemarketing pushed advertisers back to junk mail. He urges Americans to save junk mail in April and mark unopened envelopes with return to sender on May 1. Bulmash promotes a “Cut Junk Mail Month” to press regulators to curb unsolicited offers and create a do not mail list. He sells blocking services for telemarketing and direct mail lists.
Dallas based Star dock Corporation announces The Political Machine a video game that turns players into campaign managers. Premade candidates include Kerry Bush Clinton and Dole with options to create a personal candidate and balance traits like intelligence charisma and integrity to win the electoral college. The game debuts in June and features no faulty voting equipment.
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