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The Chronicle Telegram in Elyria, Ohio

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Newspaper

The Chronicle Telegram

Location

Elyria, Ohio, United States of America

Date

Jan 17, 2003

Page

1

AOL taps CEO as next chairman

AOL Time Warner names chief executive Dick Parsons as the next chairman effective May 16, following Steve Case's resignation plans. The board kept governance measures intact amid investor pressure after the $106 billion merger and ongoing probes into AOL division practices. Shares rose slightly after the announcement.

AOL New York Time Warner Inc Dick Parsons Thursday Steve Case Case America Online Time Warner Parsons AOL Time Warner Paul Cappuccio Justice Department and Securities and Exchange Commission Parson New York Stock Exchange Steve Gase

Cautious investors send stock prices lower after earnings

Investors grew cautious amid better than expected Sears and United Technologies results while war with Iraq loomed. Major indices slid from early gains as analysts noted mixed earnings and a wary market stance ahead of more reports. Microsoft and IBM moves reflected post session swings and extended trading outcomes.

New York Sears United Technologies Iraq Tony Cecin US Bancorp Piper Jaffray Minneapolis Dow Intel DuPont Standard & Poor U.N IBM Wall Street Barry Berman Robert W. Baird & Co Milwaukee

Dollar slides after Iraq warhead discovery

The dollar dropped to multi year lows against the euro and Swiss franc after U N weapons inspectors found 11 empty 122mm chemical warheads in Iraq. Iraq denied the find as a smoking gun while markets priced in higher war risk and a weaker dollar.

New York Dow Jones/AP Iraq U.N United Nations David Mozina Banc of America Securities Andrew Chaveriat BNP Paribas

Also Mentioned on This Page

Microsoft Wakie Berkline Lil Dollar Falls Poe Rt. 10 Medicare Hace UR Ea Daniel J. Talarek Lorain CO National Guard United States Armed Forces of the Lorain County Middle Ave Elyna Ohio
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