Wall Street Lows Deepen Amid War Anxiety And Dow Slump
Stocks fell to three month lows as war fears and a downgrade of American International Group spurred selling. The Dow dropped 238.46 to 8131.01, the S&P 500 slid 29 percent, and the Nasdaq fell to 132.14. Investors awaited war news while earnings mood remained weak. Broadcom sank after chief executive resignation.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Sail
Larry Wechtel
Pru
Standard & Pour
Bel
S&p Siu
American International Group
Morgan Stanley
CMS Energy
Perent
Amgen
Iraq
Saddam
Philip Dow
Daii Rauscher Wessels
Dow
Veteran stylist opens new salon in Elyria Oberlin area
Drema Hawkins, a 28 year veteran, opened D'Tangler Salon on Oberlin-Elyria Road serving Elyria and Oberlin. She also owns Drema's Styling Boutique in Amherst. The grand opening is Sunday from noon to 3 with staff from both locations and a prize giveaway over $100. Prices start at 13 for a wash and cut and perms at 55.
MENTIONED IN THIS ARTICLE
Elyria
Oberlin
Drema Hawkins
D’tangler
Oberlin-Elyria Road
Hawkins
Oberin
Drema
Amherst
Northern Cosmetology Institute
Lorain
TOOM
Scrapples
Leanne Benzel
Benzel
D'Tangler
Interim CEO aims to steady Broadcom profits
Broadcom interim chief Alan E. Ross vows to end 10 quarters of red ink by delivering a quarterly profit, after the departure of founder Henry T. Nicholas III. The Irvine based chipmaker posted a Q4 loss of 1.76 billion dollars, with full year losses over 2.2 billion. Shares slid but later finished higher from October lows amid broader volatility.
MENTIONED IN THIS ARTICLE
S&p
Broadcom Corp
Henry Nicholas
Alan E. Ross
Henry T. Nicholas III
Irvine
Calif
Ross
Broadcom
Nicholas
Broadcom Watchers
Henry Samuels
Samueli
Werner Wolfen
Stacey Nicholas
Salomon Smith Barney
Clark Westmont
U.S. Third Army
George Patton
Advertisers target Super Bowl success with costly spots
Anheuser-Busch executives monitor reactions to over five minutes of in game ads in San Diego as a 30 second spot hits 2.1 million dollars. The NFL’s marketing pull drives record prices and broad sponsorship while viewers dip from year to year.
MENTIONED IN THIS ARTICLE
Anheuser-Busch Cos
August Busch IV
San Diego
NFL
Paul Much
Houlihan, Lokey, Howard & Zukin
Miller Brewing Co
Anheuser-Busch
Wally Hayward
Relay Sports
Yankees
Fox
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