Will Jordan retire and impact his sales force?
Will Michael Jordan stay as a top endorser or retire, leaving sponsors such as Gatorade Hanes MCI WorldCom and Nike to adjust. Fortune estimates his league impact at 10 billion. Nike prepared for Jordan brand growth. Gatorade says he remains key even if he retires.
MENTIONED IN THIS ARTICLE
New York
Mike
NBA
MCI WorldCom
Michael Jordan
Fortune
Jordan
Chicago Bulls
Michael
Bob Williams
Burns Sports
Chicago
Diordan
Joe DiMaggio
Mr. Coffee
Jim Palmer
Money Store
Ryan Schinman
Worldwide Entertainment & Sports
Nike Inc
Air Jordan
Nike
Quaker Oats Co
Gatorade
Sue Wellington
U.S
NikeTown
Opening Stocks Show Mixed Moves In Early NYSE Trading
Openings depict a broad mix of active stocks on the New York Stock Exchange with notable changes among sectors. Alphabet names appear alongside energy, chemicals, and manufacturing firms, reflecting varied investor sentiment and early price movements in the session.
MENTIONED IN THIS ARTICLE
New York
NYSE
STOO
AnTouth
Alcoa
Aegis
PBODD
Noreen
Banckg
Brno
Bowsers
Otkariar
Dorey
DuPont
Meyers
Bain
Girma
Ff Arthas
Dow, Nasdaq drop on profit taking and Brazil concerns
The Dow fell 145.21 points to 9474.68 as financial, technology and banking shares weakened amid profit taking and Brazil worry. The Nasdaq slipped 63.59 to 2321.00, its first decline in eight sessions, while the S&P 500 decreased 24.34 to 1239.54.
MENTIONED IN THIS ARTICLE
New York
Braz
Intel
First Call
Peter Canelo
U.S
Morgan Stanley
Dean Witter
Canelo
Labor Dept slips data on line for market hours
Washington AP A Labor Department slip briefly posted December's Producer Price Index on the bureau's Internet archive about 1 pm EST before its official 8:30 am release. The report showed a 0.4 percent rise, the largest in 15 months, surprising analysts who anticipated 0.3 percent.
MENTIONED IN THIS ARTICLE
Washington
Labor Department
Department
Bureau of Labor Statistics
William Parks
Bureau
Katharine G. Abraham
Parks
Tobacco prices push up producer costs in December
The Labor Department reports a 0.4 percent rise in December producer prices driven by a 30.7 percent surge in cigarette prices. Core prices excluding tobacco fell 0.1 percent as energy and food offsets faded, marking the second straight year of overall PPI decline. An early Internet posting of the release occurred.
MENTIONED IN THIS ARTICLE
Washington
Labor Department
Donald Ratajczak
Georgia State University
Bureau of Labor Statistics
U S warns Japan to cut steel exports quickly
The United States bluntly tells Japan to reduce steel shipments or face retaliation as U S Japan trade tensions rise. Charlene Barshefsky warns steel is the visible front in global dislocation amid Asia's economic crisis and shifting regional exports. Posco and Dongkuk weigh export cuts, while the EU faces a dumping probe into Asian and East European suppliers.
MENTIONED IN THIS ARTICLE
Deborah McGregor
Kevin Brown
Washington
U.S
Japan
Tokyo
Charlene Barshefsky
Barshefsky
South Korea
Pohang Iron Steel
Posco
Dongkuk Steel
European Union
Also Mentioned on This Page
Unage
New York Stock Exchange
Brazil
Goldman Sachs
Abbey Joseph Cohen
Walt Disney
Disney
Salomon Smith Barney
Dew
International Paper
Caterpillar
France Press
Glen Barton
Donald Fites
Fites
Regan
Josephthal, Lyons and Ross
Labor Dept
Wall Street
Amherst
Avon
Avon Lake
Birmingham
Elyria
Grafton
LaGrange
Lorain
North Ridgeville
Oberlin
Sheffield
Tcke
South Amherst
Vermilion
Wellington
Eriecoast.Com
Lorain County
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