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The Chronicle Telegram in Elyria, Ohio

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This newspaper page contains 4 articles. Subscribers can read the full text of each article.

Newspaper

The Chronicle Telegram

Location

Elyria, Ohio, United States of America

Date

Sep 19, 2013

Page

21

Wall Street hits record as Fed keeps stimulus in place

The Fed sustains its 85 billion dollar monthly bond purchases prompting a market surge. Stocks rise to new highs led by the S&P 500, Dow and Nasdaq while bond yields fall and gold jumps on inflation expectations. The Fed trims its year outlook but maintains stimulus to spur growth.

Federal Reserve Fed U.S S&p Dow Industrials Dow Transportation Dow Utilities NYSE Nyse Met Wilshire Russell Stock Exchange Nyse Nyse CS Vsslv FAB Univ Medgen Astealnilh EndoSilv G SilviCrst Gripshop Pedevcors TowerGp If DragonWg DirBrzBear TrioTch Verenium Proussilv SL Ind Caesars Csvs3xing Servotr Catamari Dxembr Rs InstFnMkts L&lengy DrxRsaBear Globt&t Aticstfin Dirskbear Bagoldg Siriusxm Mktvgold InovioPhm Micront Baripvix At&t Inc NY Keycorp NY AMD NY Ee Kinross G NY AlcatelLuc NY LNB Enco Nasd Bob Evans Nasd NokiaCp NY Cedarf NY Nordson Nasd Cemex NY Northropg NY CntryLink NY Oracle NY Cisco Nash Citigroup NY PNC NY Darden NY ParkerHan NY Diebold NY Penney NY Ei CineEquity NY Petrobras NY Fordm NY SpdrGold NY Fmcg NY S&ps500etfny GenElec NY GenMotors NY SearsHidgs Nash HimaxTch Sherwin NY iSh Japan SP Util NY iShSilver NY Steris NY Ishchinalc NY Ishemkts NY Ussteel NY Ishr2k VangEmg NY Ishrest NY WalMart NY Intel Sweet Crude Nymx CME NYMX New York Mercantile Exchange Chicago Board of Trade Chicago Mercantile Sugar (World ICE Intercontinental Exchange

FedEx reports 7 percent profit rise amid revenue dip

FedEx Corp. posted a 7 percent quarterly profit rise as ground shipping outpaced a weaker express unit. The company plans a 3.9 percent US express rate hike in January and maintains a 7 to 13 percent full year earnings growth target.

David Koenig Associated Press FedEx Corp Express U.S FedEx FactSet Graf

Fed holds steady on bond purchases as stocks surge

The Federal Reserve kept monthly bond purchases at 85 billion dollars, delaying any taper as the economy shows uneven strength. Investors pushed markets to records with expectations of continued low rates while Bernanke cited slow job growth and a looming budget stalemate as risks.

Washington Federal Reserve U.S Fed Wall Street Ben Bernanke Congress Bernanke Treasury Freddie Mac

Starbucks guns policy stirs national debate

Starbucks faces backlash over its stance on guns as it runs full page ads saying guns are not welcome in its cases yet stops short of a ban. CEO Howard Schultz says the firm is not pro or anti gun and will serve customers who carry. The company seeks a balance amid pressure from gun control advocates and gun rights supporters. Starbucks has previously banned outdoor smoking near stores to extend its policy.

Starbucks Howard Schultz Newtown Conn Shannon Watts Moms Demand America

Also Mentioned on This Page

Ken Sweet The Ous Thomas Facchine Center Volaris New York Stock Exchange Yellen Janet Yellen Barack Obama Summer White House Syria Clinton Candice Choi the Market IN Review Dow Jones Dow Jones Industrials Init BalAm MA Capincbua Mih Cpwidgrla Mws Eurpacgramfb FninvAm LB GrthAmAm LG IncAmerAm MA Invccoama m LB Newpersoa m WAMutInvA m_ LV Dodge & Cox IntiStk Dodge & Cox Stock Fidelity Contra LG Fidelity Spartan Frank Temp Franklin Incomea McA Templeton GiBondAdv Harbor Intlinst Vanguard Vanguard Totsnt Vanguard TotStlins Vanguard WellinAdm MA Morningstar Canaue SEC
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