Dow Jones history and notable index changes discussed
The Dow Jones industrial average began in 1896 with 22 stocks and grew to 30 by 1916. Several original members left or returned, including General Electric and IBM. Notable changes occurred in 1997 and 1999 with replacements like Hewlett Packard, Home Depot, and Microsoft. The index’s largest single day gain was 15 percent in 1931, and its largest loss was 23 percent in 1987. The Dow first closed above 1,000 in 1972 and later surpassed 3,000, 5,000, and 10,000 in subsequent decades.
MENTIONED IN THIS ARTICLE
General Electine
US. Leather
US Rubber
Uniroyal
Michelin
American Tobacco
Laclede Gas
Tennessee Coal & Iron
US Steel
General Electric
DuPont and
International Business Machines
IBM
Dow
Bethlehem Steel
Texaco
Westinghouse Electric
Woolworth
Hewlett- Packard
Johnson & Johnson
Travelers Group
Wal Mart
Union Carbide
Goodyear Tire & Rubber
Sears
Chevron
Home Depot
Intel
Microsoft
SBC Communications
M.m. Stowe
Mistakes to Avoid in Your 401(k) Plan
Avoid shorting employer match and borrowing from your plan. Don’t time the market or switch investments often. Don’t be too conservative or too aggressive. Limit employer stock and rebalance yearly. Leave money in the plan after job changes and use index funds. Participation is essential. learn more at fool.
MENTIONED IN THIS ARTICLE
Lucent
Lear
Fool.com
Name That Company Trivia Challenge
The subject recalls a company founded in 1902 as Scientific Materials Co and renamed in 1925 after its founder. It now offers over 600,000 scientific, clinical, and safety products to 350,000 plus customers in 145 countries, processing more than 30,000 orders daily with annual sales above 53 billion. The firm supplied materials for the Manhattan Project and Jonas Salk used its reagents for the polio vaccine. its stock has quintupled in a decade.
MENTIONED IN THIS ARTICLE
The
Scientific Materials Co
Jonas Salk
My Dumbest Investment: Orion Pictures Collapse
A reader recalls buying Orion Pictures at about seven dollars a share in the late 1980s, watching the stock triple before bankruptcy in 1992. He learned to read annual reports and avoid relying on film success alone, noting also Orion’s 1997 sale to Metro-Goldwyn-Mayer.
MENTIONED IN THIS ARTICLE
Orion Pictures
Orion
Ed Hogsett
Washington Court House
Ohio
Foo
Metro-Goldwyn-Mayer
Anheuser-Busch EPS set to rise 1 percent in 2004
Anheuser-Busch BUD aims for about 1 percent EPS growth in 2004 as shares outstanding fall and profit margins rise. From 1998 to 2003 net margins climbed from 1 percent to 14 percent, with price increases and tighter discounts boosting revenue per barrel and net income. The firm plans continued share buybacks and benefits from a favorable pricing environment to sustain above average returns.
MENTIONED IN THIS ARTICLE
Anheuser-Busch
Nyse
BUD
Anheuser- Busch
United States
China oil deals in Gabon and Africa fuel Beijing ties
China secured multi billion dollar agreements with Gabon and Total Gabon to guarantee a steady Gabonese oil supply. Hu Jintao travels to Algeria amid huge Chinese refinery investments as oil demand heats global markets. Western rivals face pressure as Africa becomes a pivotal source of energy for Beijing and other Asian powers.
MENTIONED IN THIS ARTICLE
China
Gabon
France
Onouvier
Algeria
Antoine Halff
International Energy Agency
West
Japan
Middle East
West Africa
Angola
Nigeria
Europe
United States
Galvin Hayman
Global Witness
Sudan
India
Malaysia
Halif
Hu Jintao
Omar Bongo
Libreville
Martha Stewart trial highlights image over crime
The defense argues Stewart appears harshly judged, but prosecutors insist she lied to investigators and misled investors. Testimony connects Bacanovic and Faneuil to a $60 stock story as jurors hear a web of alleged deception, with trial expected to continue into March.
MENTIONED IN THIS ARTICLE
Stewart
ImClone
Sam Waksal
Faneuil
Bacanovic
Stewart Stewart
Robert Morville
Waksals
Martha Stewart
Omnimedia
Morville
Christopher J. Bebel
Securities and Exchange Commission
Bebel
Online retailers see strong holiday gains and user shifts
E commerce sources report a rise in female buyers, with 62 percent of Q4 purchases by women, up from 52 percent. BizRate notes growing online shopping while Bluemarine and Zappos forecast 2004 gains. EBags and shoes dot com credit shoppers delaying mall visits, and Zale posts revenue gains in November and December.
MENTIONED IN THIS ARTICLE
Govern
eBags.com
Ashford.com
Steve Infanti
Wheeling
W.va
Shoes.com
Infanti
Chuck Davis
BizRate.com
Bluenile.com
Mark Vadon
Zale Corp
Zappos.com
Nick Swinmann
Chris Seahorn
Online retailers eye growth with niche expansions
Forrester projects 2004 online retail sales surpassing 123 billion, up from 100 billion last year, with strong holiday results. Jupiter Research forecasts 2004 sales at 65 billion, rising to 117 billion by 2008 at a 17 percent CAGR, excluding travel and auctions. Niche merchants like Bluenile.com and Zappos.com expand offerings and aims, with Bluenile adding customizable items and Zappos targeting 1 billion in sales by 2010 through handbags and accessories.
MENTIONED IN THIS ARTICLE
Delhagen
Forrester
Cambridge
Mass
Jupiter Research
U.S
Jupiter
Bluenile.com
Zappos.com
Swinmarn
Also Mentioned on This Page
A Baer
Ansario
Texas
Quicken
H&r Block
Tarbotax.com
Brblock.com
Wew.irs
Motley
the King of
Margins
New Jersey
Fool
P.O. Box
Alexandria
Selena
Robert Mintz
BizRate
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