Nasdaq marks 30th year of trading despite bumps
Nasdaq celebrates 30 years since its 1971 launch in Walnut Creek California. The market, a tech and biotechnology growth barometer, has surged 2 564 percent since inception while facing interruptions and probes. Analysts cite Nasdaq’s synergy with emerging industries and companies like Intel as key to its enduring expansion.
MENTIONED IN THIS ARTICLE
David Coursey
Silicon Valley
Zdnet
Emerg Technologies
New York
John Tognino
Nasdaq Stock Market Inc
S&p
High
Intel ‘Sama
Santa Clara
Calif
Intel
Airline leaders call for moratorium on airline mergers
Four major U.S. airline chiefs and the father of deregulation urged a nine month pause on consolidation. They warned proposed US Airways United American deals would curb competition raise fares and trigger more mergers while defending the ongoing transactions as beneficial to consumers.
MENTIONED IN THIS ARTICLE
Washington
U.S
Gordon Bethune
Continental Airlines Inc
Senate Judiciary Committee
US Airways Group Inc
United Airlines Inc
American Airlines Inc
American
United
US Airways
Justice Department
James E. Goodwin
United Airlines
Bethune
Delta Air Lines Inc
AirTran Airways
America West Airlines Inc
Compose
Delta
Leon Mullin
Charles Schumer
D-N.y
Air- Mullin
Continental
Cisco earnings hit tech stocks in a market slide
Cisco Systems posted a disappointing earnings report sending tech shares lower on a wide market decline. The Nasdaq fell 56.67 to 2,607.82 while the Dow dropped 10.70 to 10,946.72 and the S&P 500 slid 11.37 to 1,340.89. Microsoft and IBM rose as investors looked for pockets of strength amid cautions on a rebound.
MENTIONED IN THIS ARTICLE
New York
Cisco Systems
Gary Kaltbaum
J.W. Genesis
Standard & Poor
Dow
Cisco
Pmc-Sierra
Intel
Microsoft
IBM
Dan Ascani
Global Market Strategists
Gainesville
Federal Reserve
Dollar Gains Ground Against Major Currencies
The dollar strengthened in New York trading as the euro slipped to 92.91 cents, while the dollar rose to 116.26 yen amid calls for more Bank of Japan liquidity. It traded at 1.6531 Swiss francs and 1.5113 Canadian dollars, with the British pound down to 1.4545 dollars.
MENTIONED IN THIS ARTICLE
New York
Bank of Japan
Perry Ellis to Acquire Bugle Boy Brand in Bankruptcy Sale
Perry Ellis International will buy the Bugle Boy name and wholesale operations as part of a bankruptcy court approved cash transaction. The Simi Valley firm owes over $100 million and has several South Florida outlets. The deal, signed after weeks of talks, adds Bugle Boy sourcing strength and a presence in Kohl’s, aiding Perry Ellis to expand men’s pants and denim offerings.
MENTIONED IN THIS ARTICLE
Miami
Perry Ellis International
Bugle Boy
Simi Valley
Calif
South
Florida
Perry Ellis
George Feldenkreis
Sears
Bryan Hunt
First Union Securities
David Campbell
Merrill Lynch Global Securities
Pro Player Athletic Line
Fruit of the Loom
Also Mentioned on This Page
Walnut Creek
DoCoMo
Miyoko Umekawa
Kimuraya
Tokyo
Japan
NTT DoCoMo
Johnson & Johnson
Procter & Gamble
Paul H. O'Neill
Knight Ridder
Wellington
Huntington, Grafton and LaGrange
Qur Promise
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!