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The Chronicle Telegram in Elyria, Ohio

28 Jan 2015

Page 4

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This newspaper page contains 5 articles. Subscribers can read the full text of each article.

Newspaper

The Chronicle Telegram

Location

Elyria, Ohio, United States of America

Date

Jan 28, 2015

Page

4

Markets slip as major earnings disappoint investors

U.S. stocks fell on Tuesday after weak results from Microsoft Caterpillar and Procter & Gamble sparked concern about profits. An unexpected fall in durable goods orders pressured the market, with the Dow shedding 291.49 points to 17,387.21, the biggest daily drop since January.

MENTIONED IN THIS ARTICLE

New York U.S Microsoft Caterpillar Procter & Gamble America Sean Lynch Global Equity Wells Fargo Investment Institute Nuverrae StaarSur Courier J&j Snack Intel Advaxis StdRegistr AMD Widw Ent Crossrdsst Mktvgold Transgno Cisco Escalera Pf Dirgmbear PwShs Suena AK Steel Lowes At&t Inc AmAirlines AO Apple Inc Bipvixst PNC Cedarf ParkerHan CntryLink Peabdye Penney Csvlgngs Petrobras Csvellvst Pfizer Csvixsht Darden Diebold CineEquity Ie Rpm EmersonEl Facebook FstMerit SearsHidgs A Fordm Sherwin Frptmcm Lilicnimg GenElec Siriusxm Hewlett P Smucker HomeDp Spdr Facl iShJapan Steris Ishemkts VerizonCm Invacare WalMart Keycorp Wendys Co Kinross G Windstr LNB Encp Yahoo Chg Sweet Crude NYMX CME New York Mercantile Exchange Chicago Board of Trade Chicago Mercantile Orange Juice ICE Intercontinental Exchange Mutua Ambala m Capincbua m CpWidGrlAm EurPacGrAm FninvAm GrthAmAm IncAmerAm InvCoAmAm Newpersoa m Wamutinvam Dodge & Cox Income Dodge & Cox IntlStk Dodge & Cox Stock Fidelity Fidelity LowPriStk Fidelity Spartan Frank Temp-Templeton Gibondadv Harbor IntrInstl PIMCO Rowe Price Vanguard Vanguard InstPlus NA NL Vanguard MulntAdml Vanguard PrinceAdml Vanguard Stgradeact Doe SEC The Associated Press
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Procter & Gamble posts 31 percent earnings drop on strong dollar

P G earnings fell 31 percent in the second quarter as the strong U S dollar cut into results and market sentiment. P G forecasts FX to trim core fiscal 2015 earnings by 12 percent and revenue by 5 percent. Lafley cited broad currency weakness with the ruble leading declines.

MENTIONED IN THIS ARTICLE

Cincinnati Procter & Gamble U.S P&g A.G. Lafley Johnson & Johnson Pfizer Inc
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Unemployment improves across states in 2014 gains

The Labor Department reports 2014 saw unemployment fall in 46 states with nearly 3 million jobs added nationwide. Colorado posted the largest proportional drop to 4.0 percent, while Ohio declined to 4.8 percent as momentum from spring and summer boosted payrolls.

MENTIONED IN THIS ARTICLE

Washington Mississippi Labor Department Ohio Colorado Nathan Kelley Moody’s Analytics Boulder
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Safety agency finds flaws in gas pipeline oversight

The National Transportation Safety Board rebukes oversight of natural gas pipelines citing three major accidents and 27 recommendations. It notes state regulated lines have higher incident rates than interstate ones and cites San Bruno 2010 Sissonville 2012 and Palm City 2009 as cases where inspections were lacking. The USS pipeline network relies on aging lines with pre 1970 installations showing higher failure rates.

MENTIONED IN THIS ARTICLE

Safety Agency Washington National Transportation Safety Board Chris Hart NTSB Pipeline and Hazardous Materials Safety Administration San Bruno San Francisco Sissonville W.va Palm City Florida Florida Turnpike California West Virginia USS
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Obama proposes Atlantic drilling lease plan amid Alaska restrictions

The administration floated opening the Atlantic Coast to leasing in 2017 22 while indefinitely restricting areas off Alaska. Interior Secretary Sally Jewell said about 80 percent of undiscovered resources could be developed with sensitive areas protected. The plan faces Republican and Democratic pushback and follows a broader oil boom context.

MENTIONED IN THIS ARTICLE

Washington Obama Atlantic Alaska Sally Jewell Capitol Hill Lisa Murkowski Atlantic Ocean U.S Interior Department Jewell Virginia North South Carolina Georgia Gulf of Mexico Barack Obama Beaufort Chukchi Hanna Shoal Congress
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Alex Veiga Standard & Poor S&p Alibaba Marissa Mayer China Alibaba Group Holding SpinCo Yahoo Inc Joan Lowy First Atlantic the Market IN Review Dow Jones DaiLy S&p 500 Dow Industrials Dow Transportation Dow Utilities NYSE Wilshire Russell Stock Exchange
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