|
9/06/05: Oil Prices Bring
A Relief Rally To Wall Street
SUSIE GHARIB: Stocks on Wall Street rallied today, as oil
prices fell to pre-Katrina levels. The Dow surged 141 points, Its first
triple-digit gain in almost two months. The NASDAQ gained 25 points.
Stocks rose in reaction to a big drop in energy prices. October crude
futures closed at $65.96, down $1.61. And wholesale gasoline was off $0.13
a gallon to $2.06. Scott Gurvey reports.
SCOTT GURVEY, NIGHTLY BUSINESS REPORT CORRESPONDENT: In terms of the
nation`s energy needs, the news from the gulf today is somewhat better than
expected. The deep water port for oil imports has been reopened, and the
colonial pipeline carrying refined products like gasoline to the east coast
is again running at full capacity. But there is significant damage to some
off shore drilling rigs and 70 percent of them are still shut down. Six
refineries are still shut. At least two are expected to be out of service
for a long time. Energy traders in New York reacted to the news today with
an across the board sell off as the energy companies issued a steady stream
of reports detailing their progress over the holiday weekend.
DANIEL DICKER, INDEPENDENT TRADER: Today we`re seeing a continuing of
a sort of the removal of panic from the market that the hurricane last week
sort of brought into the market. So we`ve seen a moderation of gasoline
prices since the high of last week of around $0.50 and that`s what we
continue to see as some of the pipelines come online and more of the
refineries come online.
GURVEY: Still, the Energy Information Administration says gasoline
supplies will remain tight for weeks, and it estimates that retail heating
oil prices will be 30 percent higher this winter compared to last year.
Homeowners who heat with natural gas got the worst news today. Hurricane
damage is keeping suppliers from filling storage tanks leading up to the
heating season, and that raises fears of shortages later in the year.
JOHN KILDUFF, ENERGY ANALYST, FIMAT USA: If there is a bad news story
right now, it`s about natural gas. We cannot get a help out from anywhere
in the world for our natural gas. Liquefied natural gas just cannot fill
the gap. We are extremely dependent on our Gulf of Mexico natural gas
resources. Those prices probably have not hit their heights yet.
GURVEY: Experts say natural gas prices, now around $12 a unit could
rise as high at $15 a unit this winter. That would be roughly twice last
year`s price. Scott Gurvey, NIGHTLY BUSINESS REPORT, New York.
Nightly
Business Report transcripts are available on-line post broadcast.
The program is transcribed by eMediaMillWorks. Updates may
be posted at a later date. The views of our guests and commentators
are their own and do not necessarily represent the views of
Community Television Foundation of South Florida, Inc. Nightly
Business Report, or WPBT. Information presented on Nightly
Business Report is not and should not be considered as investment
advice. Copyright (c) 2005 Community Television Foundation
of South Florida, Inc. ALL RIGHTS RESERVED. Terms of use.
09/06/05:
The Hurricane Katrina Blame Game Begins
PAUL KANGAS: President Bush is expected to ask Congress for $40 billion for
its next installment of hurricane Katrina relief aid. Last week, lawmakers
approved a $10.5 billion aid package. And as Stephanie Dhue reports, that
relief effort is just getting started.
STEPHANIE DHUE, NIGHTLY BUSINESS REPORT CORRESPONDENT: President Bush
met with members of his cabinet and separately with congressional leaders
to coordinate Katrina disaster recovery efforts. The president promised
not to let bureaucracy get in the way of helping victims. He pledged to
ensure government benefits like Social Security checks continue to get to
the people who need them.
GEORGE W. BUSH, PRESIDENT OF THE UNITED STATES: We have a strategy to
make sure that benefits are due are going to get to them. We understand
people are scattered out across the country, but we have an obligation to
make sure that whether veterans benefit or an unemployment benefit or a
Social Security benefit gets to these people.
DHUE: The key now is restoring basic services to the region, draining
water from New Orleans, removing debris, assessing public health and safety
threats and finding housing for the people displaced by the storm.
SEN. BILL FRIST, MAJORITY LEADER: We set aside all of our Senate
business today that we had planned to do to focus on the people who are
suffering now, the victims themselves and engage in short, mid- and long-
term planning, aggressively all the energies of the United States Senate.
DHUE: Senators didn`t waste time getting on to new business. The
energy committee held hearings on the storm`s impact on gasoline prices
today. Next week, the homeland security committee will begin to
investigate government response to Katrina, especially the thousands of
people left in the city of New Orleans.
SEN. SUSAN COLLINS, CHAIRMAN, HOMELAND SECURITY COMMITTEE: How is it
possible that almost four years to the day after the attacks on our
country, with billions of dollars spent to improve our preparedness, that a
major area of this nation was so ill prepared to respond to a catastrophe.
DHUE: Some answers already are emerging. Experts say the focus on
terrorism squeezed out natural disaster planning. There was a lack of
coordination among the Federal, state and local governments. A total
communications breakdown with incompatible emergency equipment compounded
the problems. Experts say the U.S. hasn`t dealt with mass casualties from
natural disasters before.
GREG SHAW, DIRECTOR, INSTITUTE FOR CRISIS, DISASTER & RISK MANAGEMENT,
GEORGE WASHINGTON UNIVERSITY: You kind of get into this false complacency
there where say, well if something happens, a lot of people, a few people
are going to get killed but not a whole lot and we`re just going to be able
to fix the broken stuff. Well people are broken this time and you just
don`t fix broken people like that.
DHUE: The Senate`s top Democrat Harry Reid predicts there will be an
independent commission comparable to the 9/11 commission to study what went
wrong. Stephanie Dhue, NIGHTLY BUSINESS REPORT, Washington.
Nightly
Business Report transcripts are available on-line post broadcast.
The program is transcribed by eMediaMillWorks. Updates may
be posted at a later date. The views of our guests and commentators
are their own and do not necessarily represent the views of
Community Television Foundation of South Florida, Inc. Nightly
Business Report, or WPBT. Information presented on Nightly
Business Report is not and should not be considered as investment
advice. Copyright (c) 2005 Community Television Foundation
of South Florida, Inc. ALL RIGHTS RESERVED. Terms of use.
09/06/05:
The Outlook for Satellite Radio With Mel Karmazin, CEO of Sirius
SUSIE GHARIB: The man in the leadership spot at Sirius Satellite Radio is
Mel Karmazin. Since he took over as CEO about a year ago, Karmazin has
been busy making deals to build the radio company. He joins us now from
the NASDAQ market site and it`s nice to have you to on our program.
MEL KARMAZIN, CEO, SIRIUS SATELLITE RADIO: Thank you for inviting me.
GHARIB: I have heard you say before that satellite radio could be
bigger than cable TV, bigger than satellite TV. How big is big. Can you
talk us through your thinking here?
KARMAZIN: Sure. If you think cable and satellite television, you`re
dealing with the approximate 109 million homes. If you think about
satellite radio, in addition to the homes you`re also dealing with the over
200 million cars that are on the road, because the obviously the ability to
listen to the radio in the car as well as listening at home. So the
potential market for satellite radio is over 300 million subscriptions and
that`s certainly is potentially bigger than what exists for cable and
satellite television.
GHARIB: Speaking of cars I know part of your growth strategy is to
have relationships with car companies, in your case with Ford and Chrysler
that as they sell new SUVs, they`ll be factory installed with satellite
radio. But I`m wondering, now that gas prices are so high, do you think
that that`s going to dampen enthusiasm to buy SUVs and so with that, that
could ease up the subscriptions to Sirius.
KARMAZIN: Our automobile partners are as you point out,
DaimlerChrysler and Ford, as well as BMW and Mercedes and we`re not just in
the SUV`s, we`re interested in being in every one of the vehicles that they
make and obviously it`s an important selling proposition for the automobile
companies to be able to offer satellite radio so I can assure you that the
automobile companies will put satellite radio in the vehicles that the
consumers want the most.
GHARIB: And gas prices, how`s that going to impact your subscription
sales?
KARMAZIN: All of the information that we have today is that people are
still driving in their car, I was struck in traffic trying to get here. So
it`s hard to try to see any slow down in people using the car. Remember,
you know, there is two components to our distribution: one is at retail,
when people go into Best Buy and Circuit City and Radio Shack. And the
other is the automobile company. And you know we have such a growth
trajectory ahead of us that we think that any significant blip connected
with high oil prices would not be impacted on our business.
GHARIB: Seems like a lot of success of satellite radio is what the
content is and there seems to be this bidding war to get a list content. In
the case of Sirius, you`ve got Howard Stern and Martha Stewart and the NFL
and I heard today that you`re talking with Oprah Winfrey. Will this big
ticket content in any way defer your profitability?
KARMAZIN: I think what we told our investors is the fact that we
anticipate that in the fourth quarter of next year, we will become free
cash flow positive in that quarter and will be free cash flow positive
throughout all of 2007. I really don`t think about it as a biding war. I
think that we believe that content is king. There are only two companies
in the satellite radio business. It`s a do-only and think that our
competitor has some excellent content and we have superior content but that
we believe that our lineup is complete. There is nothing out there that we
need to have. There are lots of things that we`d like to have. We
announced yesterday or over the weekend that, we did a deal with
:Cosmopolitan magazine" so we`re going to in addition to having Martha
Stewart as a women`s channel we`ll also have "Cosmopolitan" magazine, which
is a great brand as a woman`s channel, so I don`t see it as a biding war at
all.
GHARIB: Let`s talk a little bit about your stock. It got a nice spike
up when you came on board and then it sort of eased off and a lot of
analysts tell me that they think that the bullish forecast for growth are
already priced into the stock so, what`s the upside for new investors? Why
should they invest?
KARMAZIN: I think this is such a rapidly growing category. Our revenue
last year was about 67 million and the analysts are forecasting that our
revenue will be over $220 million this year and probably about $500 million
next year. If you take a look at the media world, with the exception of
page search, you know satellite radio is the fastest growing sector. So
what the value of stock is I`ll leave to others to determine, but there is
just an awful lot of growth in our company and I believe investors like
growth.
GHARIB: We`re out of type. We`re going to have to leave it there. But
good luck to you and thank you so much for coming on our program.
KARMAZIN: Thank you very much.
GHARIB: We`ve bee speaking with Mel Karmazin, CEO of Sirius Satellite
Radio.
Nightly
Business Report transcripts are available on-line post broadcast.
The program is transcribed by eMediaMillWorks. Updates may
be posted at a later date. The views of our guests and commentators
are their own and do not necessarily represent the views of
Community Television Foundation of South Florida, Inc. Nightly
Business Report, or WPBT. Information presented on Nightly
Business Report is not and should not be considered as investment
advice. Copyright (c) 2005 Community Television Foundation
of South Florida, Inc. ALL RIGHTS RESERVED. Terms of use.
09/06/05
One on One With Scott Kays, Author of "Five Keys Lessons from Top Money Managers"
PAUL KANGAS: With index funds and exchange traded funds now tracking almost
every conceivable sector, there are those who say that the day of the
mutual fund portfolio manager has passed. But the great fund managers still
have fans and one of those is Scott Kays, the financial advisor from
Atlanta who has a new book entitled "Five Keys Lessons from Top Money
Managers and Scott, welcome to NIGHTLY BUSINESS REPORT.
SCOTT KAYS, AUTHOR, "5 KEY LESSONS FROM TOP MONEY MANAGERS": Thank
you. Good to be here.
KANGAS: In your book you profile the following managers: Andy Stephens
of the Artisan madcap fund, Bill Nygren of Oakmark, Christopher Davis of
Selected American shares, Bill Fries of Thornburg Value and John Calamos,
senior of Calamos Growth Fund. Now that`s a pretty diverse group, but first
what led you to select these five managers?
KAYS: I was looking for two things Paul. The first thing I was looking
for were managers with absolutely topnotch performance records but not just
good performance but consistent performance. You and I both know a manager
can have a great 10-year track record with a two-year lucky streak.
KANGAS: Exactly.
KAYS: These are managers that have outperformed their peers,
outperformed the averages very consistently. The second thing I was looking
for was a group of managers with very diverse styles because I`m looking
for those key things that every investor can learn from, so I wanted
managers who did their craft differently.
KANGAS: Now, some of these managers come from the value school of
investing, while others emphasize growth, but did you find anything in
common in terms of their investment approaches?
KAYS: Well, one of the first things I found is, none of these guys
divide investing up between value and growth. They believe that that`s a
false division. Growth of a company is a component of its valuation.
Faster growing companies are worth more than slower growing companies. So
they believe the division should have been made between momentum investing
and fundamental investing.
KANGAS: Interesting. Now the average amateur investor may have a flash
in the pan every now and then and pick a really great stock but how do
these five managers manage to come out ahead of the averages fairly
consistently? Do they have any secret methods?
KAYS: Well, I think they do two things that most investors don`t do.
The first is, they all have a very defined investment philosophy. They can
articulate for you very distinctly what they`re looking for in stocks they
buy and when they sell. The second thing is, they all have a very defined
process that they repeat every time they analyze a security. What they`re
looking for is repeatable success, not the flash in the pan kind of
investment you referred to.
KANGAS: Understood. Now besides some good investment advice, you have
some interesting stories about the different managers. For example, you say
that Chris Davis has a mistake wall in the research department of his
company. Tell us about that.
KAYS: This is important to the culture if what he`s tried to build
into the company. He has a saying. He hates making a mistake but what he
really hates is making the same mistake twice. So every time they make a
mistake with regard to an investment, they order a share of stock of that
company. They frame it and they hang it on a wall in the office with a
plaque underneath that contains the lesson they learned from the mistake
that they made.
KANGAS: Finally, do you have a favored manager among the five you
profile in the book?
KAYS: Honestly, it would be from a group like this, it would be hard
to pick one favorite or one best. I think it would really depend on what an
investor is looking for in their investment. Are they wanting to maximize
growth? Are they wanting less volatility but they`re all tremendous
managers.
KANGAS: Scott, thanks so much for filling us in on what we can learn
from the all stars of fund investing.
KAY: Thank you.
KANGAS: My guest Scott Kays of Kays Financial Advisory Corporation,
and author of the "Five Key Lessons from Top Money Managers."
Nightly
Business Report transcripts are available on-line post broadcast.
The program is transcribed by eMediaMillWorks. Updates may
be posted at a later date. The views of our guests and commentators
are their own and do not necessarily represent the views of
Community Television Foundation of South Florida, Inc. Nightly
Business Report, or WPBT. Information presented on Nightly
Business Report is not and should not be considered as investment
advice. Copyright (c) 2005 Community Television Foundation
of South Florida, Inc. ALL RIGHTS RESERVED. Terms of use.
09/06/05
"Last Word"-Getting Back to Business Post-Katrina
SUSIE GHARIB: And finally, in the wake of hurricane Katrina people need a
lot of things. In Long Beach, Mississippi, what they apparently really
need is beer and cigarettes. The Pineville mart in the small town has
reopened with no power and no storefront. So, from the parking lot,
business is back up and running, selling everything from potato chips to
detergent. They`ve already sold out of beer and smokes. And then down the
road, a Domino`s pizza is open, baking pizza on a power generator, but with
no deliveries, since they have no gasoline. And Paul, it`s walk-in service
only, but still it is back in business and I guess that`s what really
counts.
KANGAS: It`s amazing how creative people can be when they`re in a
pinch.
GHARIB: Yes, that`s true.
Nightly
Business Report transcripts are available on-line post broadcast.
The program is transcribed by eMediaMillWorks. Updates may
be posted at a later date. The views of our guests and commentators
are their own and do not necessarily represent the views of
Community Television Foundation of South Florida, Inc. Nightly
Business Report, or WPBT. Information presented on Nightly
Business Report is not and should not be considered as investment
advice. Copyright (c) 2005 Community Television Foundation
of South Florida, Inc. ALL RIGHTS RESERVED. Terms of use.
09/06/05:
"Paul Kangas' Stocks In The News"
PAUL KANGAS: Stocks staged a strong and steady rally this morning as crude
oil, gasoline and natural gas prices all fell significantly. Adding to the
rally was news that the service sector activity rose more than expected in
August. Late in the noon hour, the Dow was up 120 points. NASDAQ up 23.
Continuing weakness in oil and talk that the Federal Reserve may pause
in hiking interest rates kept stocks riding high this afternoon. The Dow
industrial average closed up 141.87 points putting it at 10,589.24. The
NASDAQ Composite up 25 3/4 points ending at 2166.86. Standard & Poor`s 500
index was up 15.38 ending at 1233.40. Over in the bond market, the 10-year
note closed down 14/32 to 101 8/32, lifting the yield at 4.10 percent.
Most active big board issue on 18 1/2 million shares was General
Electric (GE) moving up $0.61.
Followed with Pfizer (PFE) a $0.54 gain.
Hewlett-Packard (HPQ) dropped $0.35.
Albertsons (ABS) up $0.35. That stock was up $2.32 last Friday when
the company said it was seeking strategic alternatives, including a
possible sale of the company. Today the CIBC world markets brokerage
upgraded Albertsons from "under perform" to "out perform."
ExxonMobil (XOM) moving up $0.38 despite the downward move in oil
prices.
Wal-Mart (WMT), there you see it, up $1.14. The company seeing
September same store sales as you heard up 2 to 4 percent.
Citigroup (C) gained $0.42.
Ford Motor (F) edging up a dime.
And then Motorola (MOT) $0.41 gain.
Tenth in volume, Time Warner (TWX) which gained $0.14 a share.
Coca-Cola (KO) moved up $0.62. Bank of America upgraded it from
"neutral" to "buy" in the belief that the company`s earnings outlook has
very little risk.
Marsh & McLennan (MMC) reinsurance company, up $0.68. Legg Mason
brokerage upgraded it from "sell" to "hold" on expectations that
reinsurance rates will be increased after Katrina. The whole group was
strong incidentally.
Supervalu (SVU) down $3.17. The company sees second quarter earnings
at $0.48 to $0.50 a share, well below the $0.57 per share Street estimate.
The company also sees second quarter same store sales dropping 2 percent.
Sizeler Properties (SIZ) down or up $1.49. This is a Louisiana-based
real estate investment trust. It runs shopping centers and apartments and
it reports minimal damage from Katrina and all properties are fully
operational, so the stock did a nice move percentage wise.
Lamson & Sessions (LMS) up $2.20. The company makes piping for cable
and telephone lines and sewer lines and expectations are high it will see
strong demand from the rebuilding of the Gulf coast.
Barr Pharmaceuticals (BRL) up $4.42. The company`s in a marketing pact
with Teva Pharmaceuticals to sell generic versions of Adventis` Allegra
allergy tablets.
And then the big jewelry company, Whitehall Jewelers (JWL) down $1.16,
big percentage drop. The only news we`ve seen since August 26 is that the
company expects to delay its second quarter results and I think there`s
some impatience occurring.
Amdocs Ltd (DOX) down $1.65. Merrill Lynch downgraded it from "buy" to
"neutral" due to shrinking pipeline volume and profit margins and also
because of the stock valuation.
Then Harte-Hanks (HHS) up $1.63. The interactive marketing services
company got an upgrade from CS First Boston from "neutral" to "out
perform."
Big board volume leader Apple Computer (AAPL) up $2.58.
Microsoft (MSFT) $0.02 loss.
Google (GOOG) fell $1.34.
Cisco Systems (CSCO) moved up $0.48. Lehman upgraded it from "equal
weight" to "over weight."
Intel (INTC) a $0.42 gain. That was fifth in dollar volume.
Amgen (AMGN) gained $2.05. The company got FDA approval to build two
new manufacturing facilities, one in Rhode Island, the other in Puerto
Rico.
Dell (DELL) $0.55 gain there.
Ebay (EBAY) up $0.48.
Yahoo! (YHOO) $0.51 gain.
Tenth in dollar volume Qualcomm (QCOM) a $0.59 rise there.
Andrx Group (ADRX) plunging $3.05. FDA put the company on official
action indicated status, meaning its new drug applications will be on hold
until the company corrects problems at its manufacturing facility. Standard
& Poor`s downgraded it from "buy" to a "hold."
Those are the stocks in the news tonight.
Nightly
Business Report transcripts are available on-line post broadcast.
The program is transcribed by eMediaMillWorks. Updates may
be posted at a later date. The views of our guests and commentators
are their own and do not necessarily represent the views of
Community Television Foundation of South Florida, Inc. Nightly
Business Report, or WPBT. Information presented on Nightly
Business Report is not and should not be considered as investment
advice. Copyright (c) 2005 Community Television Foundation
of South Florida, Inc. ALL RIGHTS RESERVED. Terms of use.
09/06/05:
Market Stats
NET PERCENT
CLOSE CHANGE CHANGE
DOW CLOSE 10589.24 +141.87 + 1.4
HIGH 10593.06
LOW 10447.69
NASDAQ COMP. 2166.86 +25.79 +1.2
HIGH 2167.10
LOW 2147.31
VOLUME 1,421.5
PREVIOUS 1,265.6
UP VOLUME 1,162.0
DOWN VOLUME 242.3
DOW TRANSPORTS 3689.01 +36.46 + 1.0
DOW UTILITIES 419.75 +5.52 + 1.3
CLOSING TICK +655
S&P 500 1233.39 +15.37 + 1.3
S&P 100 570.63 +7.46 + 1.3
MIDCAP 400 715.21 +7.65 + 1.1
REUTERS/CRB 329.36 -1.99 - .6
NYSE COMPOSITE 7618.96 +87.83 + 1.2
VALUE LINE 414.29 +5.08 + 1.2
RUSSELL 2000 674.48 +11.15 + 1.7
DJW 5000 12340.45 +150.87 + 1.2
U.S. TREASURIES
5-YEAR NOTE 4.125%
Aug. 15,2010 100 31/32 -7/32 + 3.91
10-YEAR NOTE 4.25%
Aug. 15,2015 101 8/32 -14/32 + 4.10
30-YEAR NOTE 5.375%
Feb. 15, 2031 115 15/32 -1 4/32 + 4.36
LEHMAN BROS.
LONG BOND INDEX 1830.80 -5.17
DOW CLOSE 10589.24 +141.87 + 1.4
ADVANCES 2421
DECLINES 878
NEW HIGHS 249
NEW LOWS 19
NET PERCENT
NYSE MOST ACTIVES 4PM CLOSE CHANGE CHANGE
GE GE 33.94 +.61 +1.8
PFE Pfizer 25.87 +.54 +2.1
HPQ Hewlett-Packard 27.25 -.35 -1.3
ABS Albertsons 23.40 +.35 +1.5
XOM Exxon Mobil 61.06 +.38 +.6
WMT Wal-Mart Stores 45.69 +1.14 +2.6
C Citigroup 44.30 +.42 +1.0
F Ford Motor Co 9.96 +.10 +1.0
MOT Motorola 22.41 +.41 +1.9
TWX Time Warner 17.99 +.14 +.8
NASDAQ CLOSE 2166.86 + 25.79 + 1.2
VOLUME 1,457.1
PREVIOUS 1,156.5
ADVANCES 2034
DECLINES 1032
NASDAQ ACTIVES
AAPL Apple Computer 48.80 +2.58 +5.6
MSFT Microsoft 27.00 -.02 -.1
GOOG Google 287.11 -1.34 -.5
CSCO Cisco Systems 18.20 +.48 +2.7
INTC Intel 25.70 +.42 +1.7
AMGN Amgen 82.38 +2.05 +2.6
DELL Dell 35.53 +.55 +1.6
EBAY eBay 40.17 +.48 +1.2
YHOO Yahoo! 33.68 +.51 +1.5
QCOM Qualcomm 40.55 +.59 +1.5
AMEX CLOSE 1686.21 + 6.17 + .4
INDEX SHARES
DIA DIAMONDS TRUST 105.83 +1.28 +1.2
QQQ NASDAQ 100 39.34 +.57 +1.5
SPY S&P DEP.RECEIPTS 123.70 +1.43 +1.2
STOCKS IN THE NEWS
Display Name
KO Coca-Cola 44.52 +.62 +1.4
MMC Marsh & McLennan 28.83 +.68 +2.4
SVU SuperValu 31.77 -3.17 -9.1
SIZ Sizeler Prop 12.59 +1.49 +13.4
LMS Lamson & Session 15.73 +2.20 +16.3
BRL Barr Pharm 50.05 +4.42 +9.7
JWL Whitehall Jewl 4.14 -1.16 -21.9
DOX Amdocs Ltd 27.75 -1.65 -5.6
HHS Harte-Hanks 27.25 +1.63 +6.4
ADRX Andrx Group 14.89 -3.05 -17.0
SVU SuperValu 31.77 -3.17 -9.1
SIZ Sizeler Prop 12.59 +1.49 +13.4
LMS Lamson & Session 15.73 +2.20 +16.3
BRL Barr Pharm 50.05 +4.42 +9.7
JWL Whitehall Jewl 4.14 -1.16 -21.9
DOX Amdocs Ltd 27.75 -1.65 -5.6
HHS Harte-Hanks 27.25 +1.63 +6.4
ADRX Andrx Group 14.89 -3.05 -17.0
|
