New homes sales rise defy forecasts in April
Commerce Department data show new single-family home sales up 4.9 percent in April to a 1.198 million annual pace, the strongest since December. The April median price reached 238,500 dollars, up 0.9 percent from a year earlier, while unsold inventories hit a record high signaling potential price weakness ahead.
MENTIONED IN THIS ARTICLE
Washington
Commerce Department
David Wyss
Standard & Poor’s
New York
Wyss
Enron jury enters fifth day of deliberations
Jurors in the Kenneth Lay and Jeffrey Skilling trial continued deliberations for a fifth day in Houston without a verdict. They requested more copies of trial exhibits and copies of testimony transcripts as Judge Sim Lake urged clearer juror answers.
MENTIONED IN THIS ARTICLE
Houston
Enron Corp
Kenneth Lay
Jeffrey Skilling
U.S
Sim Lake
Skilling
Daniel Petrocelli
Michael Ramsey
Lake
Lay
Kilts to Step Down as Gillette Chief, Leckie to Lead
Procter and Gamble replaces Gillette head James M. Kilts as head of Gillette operations with Mark M. Leckie named group president for Gillette business. Kilts will focus on integration until retiring Oct. 1. Leckie to take over July 1 as P&G completes its $57 billion Gillette acquisition.
MENTIONED IN THIS ARTICLE
Cincinnati
Procter & Gamble Co
Gillette Co
James M. Kilts
Gillette
Kilts
Mark M. Leckie
Braun Electric
Mr. Kitts
Leckie
P&g
Terry Loftus
Tide Detergent
Crest
Peanut milk myth fuels Haight cafe legend
In San Francisco's Haight district Taiwanese born cafe owner Jack Chang touts peanut milk as a cure all. Regulars swear by its powers from gum relief to hair growth while skeptics note no scientific proof. Chang's KK Cafe markets a peanut based drink from a back room operation now shipping 240000 bottles yearly at about $1.69 each.
MENTIONED IN THIS ARTICLE
San Francisco
Jack Chang
Donna Cooke
Cooke
KK Cafe
Chang
Haight District
Fannie Mae chief executives tied to accounting scandal roots
The OFHEO report links James A. Johnson and Daniel H. Mudd to a culture of earnings manipulation at Fannie Mae. It cites Johnson’s 1998 success and pay, and notes Mudd knew of serious accounting allegations by fall 2003 while seeking to influence regulators.
MENTIONED IN THIS ARTICLE
Washington
James A. Johnson
Fannie Mae
Democratic Party
Wall Street
Johnson
Daniel H. Mudd
Mudd
Office of Federal Housing Enterprise Oversight
Treasury Department
OFHEO
Market In Review Notes Tables At The Associated Press
A brief market roundup notes prices and trends in the Associated Press market desk. The item references a tabled listing and hints at a standard market review format without specific figures or outcomes.
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Enron
Kristen Hays
AP Business Writer
Gillette Head
Stepping
Loftus
The
John M. Glionna
Los Angeles Times
Feds
Mae
Anys
Washington Post
Buckeye Bank
Community Bank
Sheffield Center
Lorain
Buckeyebank.com
the Market IN Review
Caineweren
Associetad Press
Lalet
Dow Jones Industrials
Dow Jones
Mo Low Name
Dow Industrials
Dow Transportation
Dow Utilities
S&p
Russell
Wilshire
AllancOne
EdenBiors
Metretek
SparkNet
AIPC
Sever
HomeSold
Goldep
Perdigao S
SvcAcq
GiblePnt
MeridGid
OHB
Inds
Avalon Ph
PAL TV
ITV
Shiapan
SunMicro
Seri
TimeWarn
Siruss
Djia Diam
Cisco
Pfizer
iShEmMikt
Spfnet
TD Ameritr
Boston Sci
Dynegy
Beta
Oracle
Lei
Lesco
Umited NY
LowesCos NY
Lucent NY
ProctGam
TD Ameritz
XM Sat Nas
Mvoc Dihleisidaidapleienetieinsng
Gwtha P
ICAA
Contra
Wsha P
Merican
Eupacapil
Incoa
Pgl
Capiba
Fidelity Invest
Vanguard
N Pera P
LowPr
Bala P
Eee
Wadsli
GroCo
Fdinva P
Pidanty Eoet Ea
Puritn
Incoma P
St Corewath
Sps&ap Ek
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