Home sales rise with higher prices in Ohio region
Elyria report notes statewide new and existing home sales near record levels in early 1999. Two month sales total 9,997, down 3.1 percent from 10,316 last year, yet average price climbs to 129,464 up 4.6 percent from 123,751. Local Lorain County permits exceed last year, Avon and North Ridgeville posting gains amid mild winter and low interest rates.
MENTIONED IN THIS ARTICLE
Elyria
Ohio Association of Realtors
Ohio
John Lynch
Association
Lorain
Mike Whitmore
North Coast Building Industries Association
Avon
Common Tax Filer Mistakes Delay Refunds
Tax tips from the AARP Tax Ride Program warn that filing errors delay refunds or trigger IRS notices. Notable points include missing deduction boxes on Form 1040 or 1040A, incorrect recipient boxes for dependents, wrong SSN order, missing W-2 attachments, and improper payment details.
MENTIONED IN THIS ARTICLE
IRS
AARP
American Red Cross
Dow Cleared 10,000 in Surged End of Quarter Trade
The Dow Jones rose 184.54 to 10,006.78 on Monday as quarter end window dressing and oil shares led a broad rally. Nasdaq gained 73.87 to 2,492.84 and the S P 500 advanced 27.37 to 1,310.17 amid strong volume. Analysts cited window dressing and mutual fund inflows while cautioning the move may be temporary. Atlantic Richfield led oil stocks after BP Amoco talks of a $25 billion deal boosted Arco, BP Amoco, Chevron, Exxon, Phillips, and Texaco.
MENTIONED IN THIS ARTICLE
New York
Dow
New York Stock Exchange
Ricky Harrington
Interstate Johnson Lane
Charlotte
N.C
Harrington
Open Market Committee
FOMC
Atlantic Richfield Co
BP Amoco LP
Atlantic Richfield
Wall Street Journal
Arco
BP Amoco
Dow Components
Chevron Corp
Exxon Corp
Phillips Petroleum Co
Texaco Inc
Dow 10 000 psychological milestone underscores two tier market
Ralph Acampora of Prudential Securities explains why 10,000 on the Dow matters beyond a simple round number. He cites investor psychology, the strength of blue chip stocks like GE and J&J, and a two tier market shown by nasdaq and other indices, urging selective stock picking and focus on aging demographics, financials, and tech plays. He also notes energy exposure and volatility, recommending quality names such as J&J, Merck, Pfizer, Amgen, AOL, Microsoft, and banks like Citigroup and JPMorgan, with a cautious stance on small caps.
MENTIONED IN THIS ARTICLE
Ralph Acampora
Prudential Securities
Wall Street
General Electrics
Johnson & Johnsons
Dow
Standard & Peor
J&j
Merck
Pfizer
Merrill Lynch
Lehman Brothers
Citigroup
J.P. Morgan
Biotech
Cadillac
Amgen
America
Microsoft
BP Amoco may acquire ARCO in $25 billion deal
BP Amoco and Atlantic Richfield Co. confirm talks on a possible merger valued around 25 billion dollars in stock. If finalized, the tie would mark another consolidation in oil and gas and follow BP Amoco’s December purchase of Amoco Corp. Regulators would need to approve. Alaska production links could yield cost savings.
MENTIONED IN THIS ARTICLE
London
Britain
BP Amoco
Atlantic Richfield Co
British Petroleum Co
Chicago
Amoco Corp
U.S
Early Active NYSE Stocks Rally Amid Mixed Trading
New York prices show notable gains in Amoco, AT&T, and Coca-Cola while several tech and retail names slip. Volume remains robust as investors weigh earnings and market shifts, with notable moves in utilities and financials shaping today’s demo.
York International to Buy Danish Refrigeration Firm Sabroe
York International Corp will acquire Sabroe A/S of Denmark for 590 million dollars, creating the world’s largest industrial refrigeration company. The Elyria plant will remain in a different product group and the deal, expected to close in Q2, hinges on regulatory approval. York reported 3.3 billion dollars in revenue and about 21,000 employees globally.
MENTIONED IN THIS ARTICLE
Elyria
York International Corp
Sabree A/S
Denmark
York
Helen Marsteller
Sabroe
Europe
Latin America
Asia
EQT Scandinavia
J. Lauritzen Holding A/S
Also Mentioned on This Page
Jeff Mohrman
The
Chronicle-Telegram
North Ridgeville
Bob Sexton
Beiser
Niewers
Aadhivf
Dow Nails
Frank Bakdelan
Dow Jones
aSignal
Aluminum Co
Amenca
Amencanapress
At&t
Boeing
Caterpillar
Chevron
Coca- Cola
Dupont
Eastman Kodak
Exxon
General Electric
General Motors
Goodyear Tire & Rubber
4ewlett-Packard
International Business Machines
International Paper
Johnson & Johnson
McDonald's Corp
Merck & Co
Minnesota Mining & Manufacturing
Philip Morns
Pro
Wilsor
Ce and
Roosevelt
Truman
Iedy
Carter
Bush
Harding
Tovat
Beatrice Garcia
Knight Ridder Newspapers
Philadelphia Stock Exchange
Shell
Fannie Mae
Mirage
Circus Circus
Southwest Air
Alaska
Akin Investment
Walnut Sirest Secunties, Inc
NASD
SIPC
AISG
WSS
Allied Corporation
Alltel
American Greetings
Ames Dept
Bob Evans Farms
Cedar Fair
Cleveland Indians
Columbia Energy Group
Cos
Daimier Chrysler
Emerson Electric
Englehard
First Energy
FirstMerit Bancorp
Ford Motor
Geon
BF Goodrich Me Guest Supply
Invacare Corp
Keycorp We Lear Seating An've
Oe 512
Lesco Inc. Limited
Nordson Corp
Northern Savings Officemax Inc
PNG. Comp
Parker Hannifin
RPM Inc
Royal Appliance
Sherwin Williams
Sky Financial Group
Smuckers
SJMA
Sunrise Medical
T.rw. Usx
York International
Armkod
Senden
Gohca
Pepsico
ASAIO
Siro
Savalas
Tate
Schimb
Amoco
Sears
Barkcine
ENSCO
Atta Omm
Wy Tvg
Wea
Texaco
Joe Mosbrook Jr
the Chronicle-Telegram
Oramlim Community Blood Bank
Korairr County
Agiars Gag
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