01/20/06: GE, Citigroup, & Oil Prices Touch Off A Stock Slide
SUSIE GHARIB: a massive sell off on Wall Street today.
Investors dumped stocks after earnings from Dow components Citigroup and
General Electric and a rise in oil above $68 a barrel. The Dow plunged 213
points, its biggest decline in nearly three years. The NASDAQ tumbled 54
points, its sharpest drop in almost 2 1/2 years, led by an 8 percent drop
in shares of Google. Suzanne Pratt has more on those earnings reports from
Citigroup and GE.
SUZANNE PRATT, NIGHTLY BUSINESS REPORT CORRESPONDENT: The news from
Citigroup could have been better. Not only did profits at the nation`s
largest bank fall short of analysts forecasts, but revenue was
disappointing as well. Citigroup earned $0.98 a share in the fourth
quarter, matching restated profits from a year ago, but $0.02 shy of
expectations. Revenue was nearly a billion dollars short of Wall Street
forecasts, coming in at $20.8 billion. Analyst Andrew Collins of Piper
Jaffray, which has done business with Citi in the last year, says the
company faced a challenging interest rate climate and increases in consumer
bankruptcies.
ANDREW COLLINS, SR. FINANCIAL ANALYST, PIPER JAFFRAY: I wasn`t
completely surprised by the results. Trading was little bit weaker than we
were looking for as was the U.S. credit card business.
PRATT: Aside from the disappointing report, Citi further upset
investors when it declined to make projections about this year`s earnings.
COLLINS: Citigroup has made it a policy of not really providing
forward guidance. I think in this case they probably would have been
better served to have been a little bit more specific in how they`re
looking at the numbers going into 2006.
PRATT: Quarterly earnings at General Electric, which is considered a
barometer of the economy, were not much better. Excluding losses from a
discontinued business, GE earned $0.55 a share in the fourth quarter, up
slightly from a year ago and in line with expectations. Sales, on the
other hand, at less than $41 billion were better than last year, but lower
than forecast. Five of the conglomerate`s six businesses delivered double
digit earnings growth in the quarter. But, as expected, profits and sales
at the company`s media unit, which includes NBC, fell in the fourth
quarter. GE was, however, forthcoming and optimistic about the future. It
raised the lower end of its 2006 profit forecast by $0.02 a share and said
first quarter profits will be up at all of its divisions, except media.
Analyst Mary Anne Sudol, who owns shares in GE, rates the stock a buy.
MARY ANNE SUDOL, INDUSTRIAL ANALYST, CARIS & CO.: There are a lot of
investors out there who are still very, very skeptical. And, I think GE
will have to put up another string of good back to back quarters and year
over year quarters to get their attention and their conviction that the
story has legs.
PRATT: It`s clear the stock market is quite sensitive to earnings
disappointments. On Monday, look for quarterly reports from American
Express and Bank of America to help guide the direction of trading.
Suzanne Pratt, 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.
01/20/06: GM's New Pricing Plan
PAUL KANGAS: Ford Motor Company won`t confirm it, but published reports
say the auto maker is turning to new versions of mini-vans to help maximize
sales. The nation`s second largest auto maker is expected to announce
details of a big restructuring plan in Detroit on Monday. The company has
said it is looking at all aspects of its business, on both the cost and
revenue sides, possibly closing down as many as five plants. Reports say
Ford will move away from the traditional minivan look with its sliding
doors and truck platform. Instead, it could base the new vehicle on a car
platform, with three rows of seats and a profile that looks more like a
large station wagon.
SUSIE GHARIB: Meanwhile, executives of General Motors hit the road this
week, selling a new pricing plan to its dealers. The new strategy lowers
the manufacturers` suggested retail price on 80 percent of GM`s products.
As Diane Eastabrook reports, getting dealers behind this plan is crucial to
the company`s success.
BILL STASEK, CHEVROLET DEALER: The MSRP that came with the car
when
it was shipped to us was $28,135. With the roll back that same vehicle has
now been reduced to $27,160.
DIANE EASTABROOK, NIGHTLY BUSINESS REPORT CORRESPONDENT: Bill
Stasek says he and other GM dealers have been calling for the company`s new
low price strategy for months. He says steep discounts over the past five
years that ran the gamut from 0 percent financing to red tag sales to
employee discounts for everyone made it difficult to control inventory and
make money.
STASEK: Everybody was happy to see the floor traffic come through
and we sold a lot of vehicles. The fact of the matter though is it just
simply made our margins so shallow that it was very difficult to do
business.
EASTABROOK: But lowering vehicle sticker prices might not do much
to improve dealer profits either. In fact, GM says the lower price program
will reduce profit margins between one and three percent for its 7,300 U.S.
dealers. That is a big concern for dealers and Merrill Lynch analyst John
Murphy, whose company owns stock in GM and has an investment banking
relationship with the auto maker. He says with profits so slim in recent
years, GM dealers haven`t had the money to reinvest in their businesses and
he fears the low pricing plan could continue that trend.
JOHN MURPHY, AUTO ANALYST, MERRILL LYNCH: First, GM dealers are
investing less in their dealerships, getting less face lifts, less
investment in the back end of the business and in turn if they have the
option or they own multiple dealerships, they`ll invest more in Toyota or a
Lexus dealership.
EASTABROOK: That uncertainty at GM is one reason Stasek had
postponed a much-needed renovation at his dealership. But he`s going ahead
with it now.
STASEK: I`m totally confident in General Motors and the
product, so
we`re getting ready for what we think is going to be a banner year.
EASTABROOK: Other GM dealers admit they are concerned about
slimmer
profit margins under the new pricing plan. But they also think the
strategy shifts the consumer`s focus from promotions to products. And that
they say could ultimately lead to better profits.
JOHN BREDEMANN, CHEVROLET DEALER: With this program if you`re
able
to bring more people back into your showroom, present the car to them,
build the business, then the volume will make up for whatever margin loss
there might have been.
EASTABROOK: Dealers think it could take a few months before
consumers catch on to GM`s new pricing strategy. And for that reason,
analysts fear GM could have a hard time resisting a return to steep
incentives if consumers don`t block to showrooms immediately. Diane
Eastabrook, NIGHTLY BUSINESS REPORT, Wheeling, Illinois.
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.
1/20/06: How To Sell Your Home During The Real Estate Slow Down
SUSIE GHARIB: As we`ve reported over recent months, there`s
more and more evidence that the housing market is losing steam. Home sales
are expected to grow by just 5 percent this year, down sharply from 13
percent growth last year. For people who expected to cash in on the rising
values of their homes, that`s not good news. So what`s the best strategy
if you`re planning to sell your home in this environment? Stephanie Dhue
reports.
STEPHANIE DHUE, NIGHTLY BUSINESS REPORT CORRESPONDENT: Last
spring, in the Washington, D.C. area and other hot markets, homes were
selling in hours with multiple bids. But with mortgage rates higher now,
there are more homes on the market and fewer buyers. Home seller Diane
Plumb says the real estate market is a little bit scary, but she doesn`t
see it as a problem.
DIANE PLUMB, HOMESELLER: I expect that at the right price, at a
fair price for this market, that I can sell my house.
DHUE: Experts say homes that would have sold in the hot market are
starting to sit. The average sell time has shifted from less than a week
to a month or two. Realtors say now it`s crucial to have a home be in
move-in condition.
NANCY TAYOR BUBES, REALTOR, COLDWELL BANKER: You can no longer
rely on just putting a sign in front of your house. You`ve got to get it
looking as good as you can and priced as well for the marketplace, because
buyers are really beginning to figure out that this market is maybe theirs
for the picking.
DHUE: Pricing strategies have also changed. Last spring, sellers
could ask and get more than what the last house in the neighborhood sold
for. Real estate broker Michael Aronowitz says he doesn`t expect that to
happen this spring.
MICHAEL ARONOWITZ, BROKER, HELP U SELL: My recommendation would
ultimately be to take a look at the last sold properties and then maybe
price it slightly below the market value of that sold property to see if
you can generate some more interest and possibly generate competition.
DHUE: Some economists I spoke with recommend being aggressive
about
selling your house this spring and be willing to negotiate the price. They
predict homes that sit into the summer could get caught in what may be the
peak of a slowdown. Stephanie Dhue, NIGHTLY BUSINESS REPORT, Washington.
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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.
1/20/06: "Market Monitor"-Jim Grinney, Sr.V.P. & CIO of Northern Trust Bank of Florida
PAUL KANGAS: My guest "market monitor" this week is Jim Grinney, senior
Florida. Jim welcome back to NIGHTLY BUSINESS REPORT.
JIM GRINNEY, SR. V.P. & CHIEF INVEST. OFFICER, NORTHERN TRUST:
Nice to be here, thank you.
KANGAS: Let`s get right to it. Why, in your opinion, the steep
sell off on Wall Street today.
GRINNEY: 213 points. It was a lot of things. First of all, this
is options exploration day so this market was a little squirrelly anyway.
Second of all, you had the lingering concerns of higher oil prices, the
issues with Iran. At the same time, you have earnings season and in fact,
the earnings were not bad. Of the hundred companies that have reported, 75
percent of them at or above expectations, but company guidance going
forward in `06 is trying to direct people to be a little bit more
conservative.
KANGAS: So it`s guidance that isn`t so hot?
GRINNEY: Absolutely. Earnings are fine. It`s the guidance that
people are concerned about.
KANGAS: What lies ahead?
GRINNEY: That`s right.
KANGAS: Give us your idea as to what oil prices are going to do.
Is
$100 per barrel oil in the cards?
GRINNEY: That`s anybody`s guess. We have a situation here.
This is
demand driven. It`s unlike the `70s where you had the cartel controlling
it and it was supply issues. Right now demand is reasonably strong
worldwide and China is a whole new area that is coming on with strong
demand. So prices are at least going to stay at these levels. How high
they`re going to go is anybody`s guess..
KANGAS: Tough guess, that`s for sure. Some economists have been
telling us that the recent inversion of the yield curve is portending a
recession. That is where short-term yields are higher than long-term
yields. Do you put any credible belief in that at all?
GRINNEY: Well, certainly it`s something to watch, but at the same
time I`d suggest to you that it`s the degree of inversion that has
relevance, too. A couple days ago, they had a flash on the screen that
said curve inverts and they showed the numbers. It was one tenth of one
basis point inversion.
KANGAS: That`s not enough to get concerned over?
GRINNEY: Not enough to get me worried.
KANGAS: All day it was inverted of course.
GRINNEY: I understand. When you look back historically, the real
inverted curve that you watch out for is when short rates are up at 7 or 8
and the long rates are down at 5 or 6. That`s a true inverted curve.
KANGAS: We`re a long way from that.
GRINNEY: We`re a long way from that, which is not to say that we`re
not going to see some kind of slowdown possibly later in the year. That`s
likely.
KANGAS: You predicted that on your last visit with us in late March
of 2005. There would be a slowdown and you had interest rates right
exactly what they did which you predicted and I compliment you on that.
GRINNEY: Thank you.
KANGAS: So what about interest rates now, topped out?
GRINNEY: Probably the momentum is there for another quarter point
hike in the short end but I really think that`s it. We`re going to have a
pause after that. The whole economy is growing but not quite as fast in
`06 as `05. Inflation is not an issue, despite what oil prices are doing,
not yet an issue.
KANGAS: How about recession?
GRINNEY: Unlikely, unlikely, slowdown in growth. We`re growing at
3.5 percent GDP right now, maybe down to two towards the end of the year.
KANGAS: OK. On your last visit with us in late March of last year,
you recommended buying two stocks. Let`s see how they performed since
then. Goldman Sachs did very well, up 21.3 percent and Air Products got as
high as 65 but it`s down about 6 percent. Not bad, you`re ahead of the
game on those two overall. Are you still with them?
GRINNEY: Still with them, yes. That`s why you diversify your
portfolio, by the way.
KANGAS: OK. I understand. Do you... So you`re staying with
both of
them?
GRINNEY: Both of these we`re staying with. Full disclosure, I do
not personally own them. Our clients do own them.
KANGAS: OK, let`s have some new recommendations if you have some in
mind.
GRINNEY: OK, I do, same disclaimer in the beginning. I don`t own
them, clients do. The first one is UPS. You see the one-year chart. It
really has not done much. That scale throws it off, makes it look a little
bit more dramatic, but the stock has been essentially flat for the year.
It was a little bit expensive. Earnings have caught up. They`re starting
to accelerate. They`re making new markets in China and good story with all
of the Internet shopping going through there, etc.
KANGAS: We have time for one more recommendation.
GRINNEY: The one everybody hates, you`ve got to love if,
Microsoft.
Again, hasn`t done anything for five years. No positive inflated
expectations here, I don`t think at all.
KANGAS: Because everybody else hates it, you love it, huh?
GRINNEY: In part. But they have some new things, Longhorn
coming out next year, the new operating system. And the operating system
that they have is being modified and developed for a lot of PDAs and cell
phones, so there`s new markets there.
KANGAS: OK, we`ll keep an eye on it. Jim, it`s always a pleasure to
have you with us. Thanks very much again for your input.
GRINNEY: Thank you.
KANGAS: My guest, Jim Grinney of Northern Trust Bank of Florida.
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.
1/20/06: "Last Word"-One Woman Pays Her Debt & Yours To Society
SUSIE GHARIB: And finally tonight, the national debt has just dropped by $1.1
million and we all have Margaret Taylor to thank. The Finlay, Ohio, woman
gave the money to the Federal government in her will. Taylor died in
November at the age of 98, after telling her family she wanted to use her
money to help people. The way she chose was to leave the cash to help pay
down the national debt. Taylor`s lawyer says she was such a staunch
Democrat, who believed the debt should be paid off completely. Paul, the
Treasury Department says it may be the largest donation ever.
KANGAS: Of course, the national debt still dwarfs it, but it is a
step in the right direction.
GHARIB: We need millions more just like her.
KANGAS: That`s right!
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.
1/20/06: "Paul Kangas' Stocks In The News"
PAUL KANGAS: Another factor contributing to the big slide on Wall Street, a
big rise in the price of oil. Light sweet crude for February delivery
closed up $1.52 at $68.35 a barrel on the New York mercantile exchange
today. That`s closing in on levels not seen since September, after
hurricane Katrina knocked out a big chunk of domestic oil production in the
Gulf. Today, the trouble is anxiety over supplies from Nigeria, where
militants are threatening attacks on oil production facilities and Iran,
which faces possible sanctions over its nuclear activity.
That surge in oil and the uninspiring earnings and guidance
from GE
and Citigroup sent Wall Street into a steep and high volume sell off all
morning and into the early afternoon. By 1:30 p.m., the Dow was off 152
points. NASDAQ down 43 points. Earnings and oil worries continued to
plague the market this afternoon as they went into free fall and closed at
their worst levels of the day. Dow Industrial Average tumbled 213 1/3
points, ending at 10,667.39. It fell in three of this week`s four trading
days for a net loss of 292.48 points. The NASDAQ Composite plunged 54.11,
closing at 2247.70 today. It also rose just once this week and fell 69 1/3
points overall. Standard & Poor`s 500 down 23 1/2 points to 1261.49 today.
Over in the bond market, the 10-year note rose 6/32 to 101 5/32, putting
the yield at 4.35 percent.
Big board volume leader on a very active 54.7 million shares, General
Electric (GE) off $1.31 on those disappointing earnings and guidance.
The same story with Citigroup (C) which caused (ph) a $2.25 loss
there. And incidentally, the Dow stocks in general were very weak and the
only gainer in the Dow 30 was McDonald`s (MCD), which rose $0.66.
There we see some of the other casualties, American Intl Group (AIG),
Boeing (BA), Caterpillar (CAT), IBM (IBM), 3M Co (MMM), all down
substantially, hurting the Dow of course.
Then we see Motorola (MOT) down $1.86. After the close yesterday as we
reported, the company reported good fourth quarter earnings results, but
forecast first quarter would fall below Street estimates. Hence, the drop
in the stock.
Pfizer (PFE) down $0.26 today.
Lucent Technology (LU) a $0.03 drop. That was fifth in big board
volume.
Ford Motor Co (F) down $0.32, big reorganization plans coming on
Monday.
Time Warner (TWX) a $0.43 drop.
Then ExxonMobil (XOM) down $0.97.
Bank of America (BAC) a $0.95 drop.
JPMorgan Chase (JPM), tenth in volume, lost $1.01.
Schlumberger Ltd (SLB), there were gainers today and this was one of
the best ones. Big earnings for Schlumberger, fourth quarter, $1.08 versus
only $0.55 last year. Revenues jumped 31 percent and the company predicting
2006 revenues will be up 25 percent. Street is figuring only 18 percent
rise. The oil services sector on the Schlumberger news did very well. Let`s
have a look at a few of the other majors there.
Baker Hughes (BHI) and Halliburton Co (HAL) both doing very nicely.
Elsewhere in the oil sector, Kerr McGee (KMG) up $2.61. JPMorgan
upgraded it from "neutral" to "over weight."
Another good gainer today, Blackrock (BLK), the investment manager, up
$7.65. Yesterday it was up over $8 on good earnings and today, Morgan
Stanley reportedly is in talks to acquire a controlling interest in
Blackrock.
Beazer Homes USA (BZH) leading that sector down, off $3.68. CS First
Boston downgraded it from "neutral" to "under perform."
AO Smith (AOS), which makes electrical products, up $4.11. A
quadrupling in fourth quarter earnings over last year, $0.60 versus only
$0.15 then.
Kindred Healthcare (KND) tumbling $6.63. Wachovia securities says
proposed changes in Medicaid reimbursements could significantly reduce this
company`s earnings results and the whole sector was weak on that.
Russell (RML) was up $1.08 and the athletic apparel maker is going to
restructure. It`ll cut 2300 jobs, 1700 of them in the United States.
Finally, Imation (IMN) up $3.21. Fourth quarter earnings $0.52 versus
only a nickel last year, so a very nice rise in the stock.
Google (GOOG) had its worst one-day drop both percentage and point-
wise today, traded as low as $394.74. The company`s refusing to turn over
search database to the Department of Justice incidentally.
Intel (INTC) off $0.64.
Apple Computer (AAPL) falling $2.95.
Microsoft (MSFT) a $0.61 drop there.
Yahoo! (YHOO) fell $0.59.
We don`t see any gainers in the active list here at all. Cisco Systems
(CSCO) off $0.51.
$1.80 loss in Ebay (EBAY).
Qualcomm (QCOM) down $1.71.
Sandisk (SNDK) losing $3.94.
And Dell (DELL), tenth in volume, off $0.54.
Finally, Nitches (NICH) up $8.37. The clothing distributor had first
quarter earnings of $0.42 versus a penny loss last year.
And 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.
01/20/06:
Market Stats
NET PERCENT
CLOSE CHANGE CHANGE
DOW CLOSE 10667.39 -213.32 - 2.0
HIGH 10880.71
LOW 10661.15
NASDAQ COMP. 2247.70 -54.11 -2.4
HIGH 2300.73
LOW 2245.20
VOLUME 2,124.8
PREVIOUS 1,789.5
UP VOLUME 340.5
DOWN VOLUME 1,773.5
DOW TRANSPORTS 4158.48 -76.43 - 1.8
DOW UTILITIES 421.31 -3.00 - .7
CLOSING TICK +3
S&P 500 1261.49 -23.55 - 1.8
S&P 100 571.51 -11.00 - 1.9
MIDCAP 400 758.61 -12.87 - 1.7
REUTERS/CRB 345.15 +3.81 + 1.1
NYSE COMPOSITE 7902.27 -115.95 - 1.5
VALUE LINE 423.59 -6.54 - 1.5
RUSSELL 2000 704.60 -10.34 - 1.5
DJW 5000 12714.75 -224.49 - 1.7
U.S. TREASURIES
5-YEAR NOTE 4.25%
Jan. 15,2011 99 26/32 +3/32 4.29
10-YEAR NOTE 4.50%
Nov. 15,2015 101 5/32 +6/32 4.35
30-YEAR NOTE 5.375%
Feb. 15, 2031 112 22/32 +12/32 4.53
LEHMAN BROS.
LONG BOND INDEX 1778.53 -1.55
DOW CLOSE 10667.39 -213.32 - 2.0
ADVANCES 971
DECLINES 2371
NEW HIGHS 248
NEW LOWS 34
NET PERCENT
NYSE MOST ACTIVES 4PM CLOSE CHANGE CHANGE
GE General Electric 33.37 -1.31 -3.8
C Citigroup 45.69 -2.25 -4.7
MOT Motorola 22.49 -1.86 -7.6
PFE Pfizer 24.71 -.26 -1.0
LU Lucent Tech 2.55 -.03 -1.2
F Ford Motor Co 7.90 -.32 -3.9
TWX Time Warner 17.07 -.43 -2.5
XOM Exxon Mobil 60.53 -.97 -1.6
BAC Bank Of America 44.19 -.95 -2.1
JPM JPMorgan Chase 38.05 -1.01 -2.6
NASDAQ CLOSE 2247.70 - 54.11 - 2.4
VOLUME 2,398.8
PREVIOUS 2,375.0
ADVANCES 833
DECLINES 2223
NASDAQ ACTIVES
GOOG Google 399.46 -36.98 -8.5
INTC Intel 21.76 -.64 -2.9
AAPL Apple Computer 76.09 -2.95 -3.7
MSFT Microsoft 26.41 -.61 -2.3
YHOO Yahoo! 33.74 -.59 -1.7
CSCO Cisco Systems 18.51 -.51 -2.7
EBAY eBay 44.97 -1.80 -3.9
QCOM Qualcomm 46.96 -1.71 -3.5
SNDK SanDisk 68.39 -3.94 -5.5
DELL Dell 29.96 -.54 -1.8
AMEX CLOSE 1825.27 + 3.89 + .2
INDEX SHARES
DIA DIAMONDS TRUST 106.47 -2.19 -2.0
QQQ NASDAQ 100 41.25 -1.27 -3.0
SPY S&P DEP.RECEIPTS 125.97 -2.34 -1.8
STOCKS IN THE NEWS
AIG American Intl Grp 66.71 -1.37 -2.0
BA Boeing Co 66.49 -1.68 -2.5
CAT Caterpillar 60.78 -1.73 -2.8
IBM IBM 81.36 -1.73 -2.1
MMM 3M Co 75.24 -1.67 -2.2
SLB Schlumberger Ltd 122.25 +7.36 +6.4
BHI Baker Hughes 73.91 +1.44 +2.0
HAL Halliburton Co 75.50 +3.75 +5.2
KMG Kerr McGee 103.18 +2.61 +2.6
BLK Blackrock 127.00 +7.65 +6.4
BZH Beazer Homes 75.01 -3.68 -4.7
AOS A O Smith 43.90 +4.11 +10.3
KND Kindred Healthcare 20.17 -6.63 -24.7
RML Russell 14.52 -1.08 -8.0
IMN Imation 48.81 +3.21 +7.0
NICH Nitches 14.42 +8.37 +138.4
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