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| For The Month-DOW:(573) NASDAQ(222) S&P:(78) |
| August 31,2001 Friday |
| For The Week: DOW:9950(473)4.5% NASDAQ:1805(111)(6.96%) S&P:1133(51)(4.3%) |
| Blockbuster($21.5)-Barrrons
Magazine reports that video sales may decline. Gateway($9)-Eliminates most over seas operations. Microsoft($57)-Comes under close scrutiny of the European Commission. Sun Microsystems($11.45)-Warns of lower sales and earnings. |
| August 24,2001 Friday |
| For The Week: DOW:10423^182(1.8%) NASDAQ:1916^49(2.7%) S&P:1185^22(2%) |
| Standard and Poor-Lowers
Gate Way Computer Co.($8.5) to Junk Status Cisco($18.25)-Sales decline and company restructures its business. AOL($42)-Lays off workers for the third time since merging with Time Warner. |
| Weekend: What Is Going On? |
| Tobacco Industry-According to the Center For Disease Control tobacco causes more than 400,000 deaths each year and more than $50 billion in direct medical cost annually. Each year 3000 children become regular smokers to off set the decline in sales from the deaths of elderly smokers. |
| For The Week: DOW(171) NASDAQ(89) S&P(28) |
| August 17,2001 Friday |
| DOW:10241(151)(1.5%) NASDAQ:1867(63)(3%) S&P:1162(19)(1.5%) |
| Ford($22)-Warns of lower earnings. |
| August 16,2001 Thursday |
| DOW:10392^46 NASDAQ:1930^11 S&P:1181^3 |
|
Commerce Dept-Ground
breaking for new homes are on the rise. |
| August 15,2001 Wednesday |
| DOW:10346(66) NASDAQ:1919(45)(2%) S&P:1178(9) |
|
JNJ($70)-makes
a new high. |
| August 14,2001 Tuesday |
| DOW:10412(4) NASDAQ:1964(18) S&P:1187(3) |
| Wal-Mart($52)
enters a price war with K-Mart($13) AG Edwards-Downgrades Dell($27) to Reduce. |
| August 13,2001 Monday |
| DOW:10415^3 NASDAQ:1982^26 S&P1191^1 |
| Federal Reserve-meets next week. |
| Weekend: What Is Going On? |
|
The Dollars That Companies
Paid For "The Right To Fire" Someone:
HoneyWell International Paid its fired chairman $9 million dollars. Lucent Technology-Paid its fired CEO 5.5 million dollars. |
| For The Week: DOW(96) NASDAQ(110)(5%) S&P(24)(2%) |
| August 10,2001 Friday |
| DOW:10412^114 NASDAQ:1956(7) S&P:1190^7 |
| Procter & Gamble($71)-Will produce Crest toothpaste as a chewing gum. |
| August 09,2001 Thursday |
| DOW:10298^5 NASDAQ:1963(3) S&P:1183-- |
|
On average workers salaries rose 7.3% in the first
quarter of this year. |
| August 08,2001 Wednesday |
| DOW:10293(165)(1.5%) NASDAQ:1966(61)(3%) S&P:1183(21)(1.7%) |
| Federal Reserve-The
economy is slowing. Sunw($17.5) and Hitachi form a high end storage agreement. Cisco($19)-Revenues and earnings fall. |
| August 07,2001 Tuesday |
| DOW:10458^57 NASDAQ:2028(6) S&P:1204^4 |
| Jakob's gets 44 months in prison for issuing a phony Emulex press release over the internet. |
| August 06,2001 Monday |
| DOW:10401(111) NASDAQ:2034(32) S&P:1200(14) |
|
JP Morgan-Sets a price target of $15 for Global Crossing($6) at the end of 2002 |
| Week End: What's Going On? |
|
Commerce Dept.-Their computer security fails to prevent, detect and respond to attacks. Hackers can have free reign of the computers and change, copy or delete data. When a password is required the word "password" is often used. The huge computer systems contain data on such subjects as export controls, patents, and trademarks. As they were working on this report they found an unknown hacker in the system from overseas. This problem has been known since 1999 but no solution has been thought up due to finger pointing from officials. The new "Top Technology Official" for the department states that he is embarrassed by the whole situation. |
| For The Week: DOW^96 NASDAQ^37 S&P^9 |
| August 03,2001 Friday |
| DOW:10512(38) NASDAQ:2066(21) S&P:1214(6) |
| Labor Dept-Unemployment for July is unchanged at 4.5% |
| August 02,2001 Thursday |
| DOW:10551^41 NASDAQ:2087^19 S&P:1220^5 |
|
The U.S. Factory Sector is 15% of the economy. |
| August 01,2001 Wednesday |
| DOW:10510(13) NASDAQ:2068^41^2% S&P:1216^5 |