Investor's Business Daily articles from March 2003

Investor's Business Daily archives from March 2003

Broad Rally Fades, But Nasdaq Hangs On.(A)
March 3, 2003... Byline: CHRIS GESSEL The Nasdaq led a reluctant stock market for the second session in a row on Friday as Iraq, the U.N. and the U.S. jockeyed for position. The market started strongly, bolstered by better-than-expected readings on...

GDP Grew Faster 1.4% In Q4, But War Jitters, Oil Now Hold Back Q1 Chicago Factories Slower Late-'02 lull was ending as business, consumers, gov't all lifted spending.(A)
March 3, 2003... Byline: JED GRAHAM The economy grew at a sluggish 1.4% rate in the fourth quarter, but twice as fast as the government's first estimate, the Commerce Department said Friday. The additions to growth came from across-the-board pickups in...

Consumer Plans To Purchase New PCs Rise To Highest Mark In Nearly A Year 40% Of Domestic Market.(A)
March 3, 2003... Byline: PATRICK SEITZ The number of U.S. consumers planning to buy a new personal computer within the next six months rose in February to its highest level in at least 11 months, a new poll shows. The latest IBD/TIPP Home Computer...

AFTER THE CLOSE.(A)(AFTER THE CLOSE)
March 3, 2003... THE SEC will raise stock market transaction fees starting April 1 to $46.80 per $1 mil from $25.20 due to weak market trading. GM will give 150 mil Hughes Electronics shares to its pension plans, cutting its stake in the DirecTV unit to 20%...

BUSINESS BRIEFS.(A)
March 3, 2003... TRANSPORTATION S&P sees AMR bankruptcy risk Standard & Poor's cut its ratings for AMR's American Air deeper into junk status, and said the world's No. 1 carrier may go into bankruptcy by midyear without new labor deals. S&P said an...

BUSINESS BRIEFS.(A)
March 3, 2003... TECHNOLOGY Symantec dives 15% on warning The anti-virus software firm said it'll meet fiscal '04 views, but will fall short in the 1st half. Symantec will earn 38 cents a share in Q1 ending in June and 40 cents in Q2. Wall Street...

BUSINESS BRIEFS.(A)
March 3, 2003... REGULATION SEC seeks more info on 350 firms It warned that Fortune 500 firms still aren't giving enough analysis in financial disclosure, especially when discussing liquidity, cash flow and capital resources. The SEC cited energy...

THE ECONOMY.(A)
March 3, 2003... Uncertainty holds back spending St. Louis Fed President William Poole said companies' tight profits and war and terrorism fears are holding back business spending. But there are signs investment may improve in the future, he said, noting...

NATION.(A)
March 3, 2003... Medicare proposal gets rewrite Reacting to criticism, the Bush administration crafted a new drug plan offering limited coverage to seniors enrolled in traditional Medicare. They would get a discount card that offers savings when buying...

WORLD.(A)
March 3, 2003... Liberal dissidents on Iran ballot For the first time in 20 years, dissidents will run in local elections. Nearly 225,000 candidates, including 6,000 women, will contest the 185,000 village and city council seats. In past years, liberals...

TRENDS & INNOVATIONS.(A)
March 3, 2003... Oprah joins Forbes' billionaire list Media magnate Oprah Winfrey is the first black woman to join the club, which shrank by 21 last year to 476 members. Microsoft founder Bill Gates remains No. 1, though his net worth fell 23% to $40.1 bil....

TRENDS & INNOVATIONS.(A)
March 3, 2003... ** The size of many prepacked foods has grown since they first hit the market, says a New York University study. Deals on bigger sodas, potato chip bags and fast-food portions have long-term health costs. ** A 16-year-old Irish girl...

HOW YOU THINK IS EVERYTHING Dr. J's Get-Well Medicine.(A)(IBD 10 SECRETS TO SUCCESS)
March 3, 2003... Byline: Cord Cooper 1Elgin Baylor and Julius Erving became National Basketball Association stars by seeing possibilities where others might have seen obstacles. Fighting knee problems through most of his 14-year career with the...

A Good Neighbor To Millions Be Positive: TV pioneer Fred Rogers' message enriched generations of children.(A)
March 3, 2003... Byline: IBD STAFF Fred McFeely Rogers hated television when he first saw it in 1951. People putting each other down and calling it humor. Grown men throwing pies at each other. Bad slapstick humor. Garish, seemingly pointless, with lousy...

Delta Air To Test U.S.-Mandated Screening System All Passengers To Be Rated Privacy advocates worry over how much data will be collected on travelers.(A)
March 3, 2003... Byline: THE ASSOCIATED PRESS Delta Air Lines will begin testing a new government plan for air security next month that will check background information and assign a threat level to everyone who buys a ticket. The system, ordered by...

Autodesk Designs Rally On New Release.(A)
March 3, 2003... Byline: PATRICK SEITZ Workers who do computer-aided design spend a lot of time waiting as they open and save their electronic drawings. Autodesk Inc., the top maker of CAD software, looks to change that. It says the latest release of...

Infineon Developing New Type Of Biochip To "See' Brain Cells Tool To Study Diseases Company's Neuro-Chip shows plenty of promise, but still some years away.(A)
March 3, 2003... Byline: JAMES DETAR Infineon Technologies AG can read your mind. At least, that's how the German company touts a biochip it's developing, called Neuro-Chip. The device can measure the amount of electricity in human brain cells in a new...

With Price Guides, Car Web Sites Help Put You In The Driver's Seat.(A)
March 3, 2003... Byline: PETE BARLAS So you want to buy a new car? The best advice is to use your head and surf the Web. Several Web sites offer detailed information on cars, including standard features, options and, yes, prices. And most of it is free...

MARVEL ENTERPRISES INC. New York, New York A (Super) Heroic Effort To Turn Things Around.(A)
March 3, 2003... Byline: ADELIA CELLINI LINECKER With all the "bang-zoom!" it can muster, Marvel Enterprises Inc. is lifting a page from its comic-book universe. Just as Peter Parker morphed from a 98-pound weakling into Spider-Man, Marvel has...

Stock Funds Grab Slight Gains In Week Energy Provides Lift Real estate also rallies as high yields lead U.S. fixed-income sectors.(A)
March 3, 2003... Byline: DAN MOREAU Mid- and small-cap growth and core stock funds turned in the best, performance in the week of Feb. 20-27, Lipper Inc. reported. But it was modest: Mid-cap core funds rose 0.38% and small-cap core funds gained 0.36%....

The Bush Pay Hike.(A)(EDITORIALS)
March 3, 2003... Tax Cuts: Anemic real wage growth always stirs grumblings. The point is well taken, but don't those who demand that lawmakers do something about it also fiercely oppose a more legitimate government solution? The latest U.S. figures show...

Como Se Dice "Spine'?(A)(EDITORIALS)
March 3, 2003... Politics: What's this? Republicans taking their fight for Bush federal appeals court nominee Miguel Estrada to the . . . streets?!? Ay caramba! As street fighters, Republicans have never measured up. So it comes as a surprise to learn...

Are Saddam And Bin Laden True Allies -- Or Bitter Foes?(A)(NATIONAL ISSUE)
March 3, 2003... Byline: PETER BENESH They're like two scorpions circling each other on the desert sand. Saddam Hussein and Osama bin Laden both know they face death at American hands. In the meantime, they compete for the role of spiritual leader of...

Upward GDP Revision Boosts Stocks Mildly.(B)
March 3, 2003... Byline: DAVID SAITO-CHUNG The S&P 500 advanced 0.5% Friday, but still finished the week down 0.8%. The Dow industrial average edged up less than 0.1%. Harman International Industries advanced on heavy trade for a second straight...

Analyze, Profit From IBD's Market Charts.(B)
March 3, 2003... Analyzing the price and volume changes in the major market averages each day is essential to successful investing. They reveal major tops and bottoms in the stock market. Most stocks follow the general market's trend. They tend to rise...

Data Handling Firm Keeps Steady Growth.(B)
March 3, 2003... Byline: David Saito-Chung Iron Mountain burst past resistance at around 34.75 on heavy volume Friday. Its Relative Strength line poked into new high ground. The stock is trying to break out of a three-month consolidation following strong...

Nasdaq Climbs 1% To Close February With Gains.(B)
March 3, 2003... Byline: CRAIG SHAW Upped profit estimates for Intel and healthy economic data helped the Nasdaq post 1% gains Friday after a morning rally faded. The composite lost 0.9% for the week, but gained 1.3% for the month. PPD Inc. pared gains...

Top Internet Portal Logs 52-Week High.(B)
March 3, 2003... Byline: Craig Shaw Yahoo cleared a seven-week consolidation Friday to notch its highest mark in more than a year. It's found support several times at its 50-day moving average since gapping off its October bottom. But overhead supply from...

GDP Grew Faster 1.4% In Q4, But War Jitters, Oil Now Hold Back Q1; Chicago Factories Slower; Late-'02 lull was ending as business, consumers, gov't all lifted spending.(A)
March 3, 2003... Byline: JED GRAHAM The economy grew at a sluggish 1.4% rate in the fourth quarter, but twice as fast as the government's first estimate, the Commerce Department said Friday. The additions to growth came from across-the-board pickups in...

Consumer Plans To Purchase New PCs Rise To Highest Mark In Nearly A Year; 40% Of Domestic Market.(A)(IBD/TIPP POLL)
March 3, 2003... Byline: PATRICK SEITZ The number of U.S. consumers planning to buy a new personal computer within the next six months rose in February to its highest level in at least 11 months, a new poll shows. The latest IBD/TIPP Home Computer...

IBD'S TOP 10.(A)
March 3, 2003... Blix Sees Possibly Good Behavior 1Top arms inspector Hans Blix said if Iraq begins destroying its al-Samoud 2 missiles, that would be "a very significant piece of real disarmament." The U.N. deadline for destruction was Saturday, which Iraq...

AFTER THE CLOSE.(TO THE POINT)
March 3, 2003... THE SEC will raise stock market transaction fees starting April 1 to $46.80 per $1 mil from $25.20 due to weak market trading. GM will give 150 mil Hughes Electronics shares to its pension plans, cutting its stake in the DirecTV unit to 20%...

BUSINESS BRIEFS.(TO THE POINT)
March 3, 2003... MEDICAL FDA supports Artes wrinkle shot An advisory panel backed approval of Artecoll injections, where bovine collagen and tiny plastic spheres are used to hide wrinkles. If the Artes Medical product gets FDA approval, it could compete...

BUSINESS BRIEFS.(TO THE POINT)
March 3, 2003... TRANSPORTATION S&P sees AMR bankruptcy risk Standard & Poor's cut its ratings for AMR's American Air deeper into junk status, and said the world's No. 1 carrier may go into bankruptcy by midyear without new labor deals. S&P said an Iraq...

BUSINESS BRIEFS.(TO THE POINT)
March 3, 2003... TECHNOLOGY Symantec dives 15% on warning The anti-virus software firm said it'll meet fiscal '04 views, but will fall short in the 1st half. Symantec will earn 38 cents a share in Q1 ending in June and 40 cents in Q2. Wall Street expected...

BUSINESS BRIEFS.(TO THE POINT)
March 3, 2003... REGULATION SEC seeks more info on 350 firms It warned that Fortune 500 firms still aren't giving enough analysis in financial disclosure, especially when discussing liquidity, cash flow and capital resources. The SEC cited energy...

Rogers At A Glance.(LEADERS & SUCCESS)
March 3, 2003... Rogers At A Glance Born: 1928 in Latrobe, Pa. Died: Feb. 27 in Pittsburgh. Education: B.A. in music composition from Rollins College in Florida in 1951. Master's in divinity from Pittsburgh Theological Seminary in 1962. ...

IN BRIEF.(TO THE POINT)
March 3, 2003... IBM won a six-year, $1 bil outsourcing deal with French insurance giant Axa. Applix CEO Alan Goldsworthy quit, but will remain a consultant. Director David Mahoney will replace him. The budgeting software firm said it'll restate '01 and '02...

TRENDS & INNOVATIONS.(TO THE POINT)
March 3, 2003... ** The size of many prepacked foods has grown since they first hit the market, says a New York University study. Deals on bigger sodas, potato chip bags and fast-food portions have long-term health costs. ** A 16-year-old Irish girl...

A Good Neighbor To Millions; Be Positive: TV pioneer Fred Rogers' message enriched generations of children.(LEADERS & SUCCESS)
March 3, 2003... Byline: IBD STAFF Fred McFeely Rogers hated television when he first saw it in 1951. People putting each other down and calling it humor. Grown men throwing pies at each other. Bad slapstick humor. Garish, seemingly pointless, with lousy...

Delta Air To Test U.S.-Mandated Screening System; All Passengers To Be Rated; Privacy advocates worry over how much data will be collected on travelers.(A)
March 3, 2003... Byline: THE ASSOCIATED PRESS Delta Air Lines will begin testing a new government plan for air security next month that will check background information and assign a threat level to everyone who buys a ticket. The system, ordered by...

Infineon Developing New Type Of Biochip To "See' Brain Cells; Tool To Study Diseases; Company's Neuro-Chip shows plenty of promise, but still some years away.(INTERNET & TECHNOLOGY)
March 3, 2003... Byline: JAMES DETAR Infineon Technologies AG can read your mind. At least, that's how the German company touts a biochip it's developing, called Neuro-Chip. The device can measure the amount of electricity in human brain cells in a new...

MARVEL ENTERPRISES INC. New York, New York; A (Super) Heroic Effort To Turn Things Around.(THE NEW AMERICA)
March 3, 2003... Byline: ADELIA CELLINI LINECKER With all the "bang-zoom!" it can muster, Marvel Enterprises Inc. is lifting a page from its comic-book universe. Just as Peter Parker morphed from a 98-pound weakling into Spider-Man, Marvel has...

AFTER MARKET DVD Renter Hits 1 Million Customers.(THE NEW AMERICA)
March 3, 2003... Netflix gained 3.7% to climb within 5% of its 52-week high. The online DVD rental firm said it now has more than 1 million subscribers, up nearly 17% from the end of 2002. It posted its first profit only three quarters ago, but has boosted...

MEDICAL TRENDS Potential Stroke Drug Catches Industry's Eye.(THE NEW AMERICA)
March 3, 2003... Byline: GLORIA LAU About 700,000 Americans a year suffer a stroke, making it the third leading cause of death in the U.S. Women account for three of every five deaths. It's no surprise, then, that a number of health care firms are eyeing...

Stock Funds Grab Slight Gains In Week; Energy Provides Lift; Real estate also rallies as high yields lead U.S. fixed-income sectors.(MUTUAL FUNDS)(INVESTMENT TRENDS)
March 3, 2003... Byline: DAN MOREAU Mid- and small-cap growth and core stock funds turned in the best, performance in the week of Feb. 20-27, Lipper Inc. reported. But it was modest: Mid-cap core funds rose 0.38% and small-cap core funds gained 0.36%....

LETTERS.(ISSUES & INSIGHTS)
March 3, 2003... Philistines Of The West . . . "Bleeding Arts" (Editorial, Thursday) noted the possible elimination of funding for Arizona's state art agency and arts programs. I had to smile. Ever since the government funded art on a local highway, we...

THE REAL MOST ACTIVE Upward GDP Revision Boosts Stocks Mildly.(MAKING MONEY)
March 3, 2003... Byline: DAVID SAITO-CHUNG The S&P 500 advanced 0.5% Friday, but still finished the week down 0.8%. The Dow industrial average edged up less than 0.1%. Harman International Industries advanced on heavy trade for a second straight...

Data Handling Firm Keeps Steady Growth.(B)(NYSE STOCKS IN THE NEWS)
March 3, 2003... Byline: David Saito-Chung Iron Mountain burst past resistance at around 34.75 on heavy volume Friday. Its Relative Strength line poked into new high ground. The stock is trying to break out of a three-month consolidation following strong...

THE REAL MOST ACTIVE Nasdaq Climbs 1% To Close February With Gains.(B)
March 3, 2003... Byline: CRAIG SHAW Upped profit estimates for Intel and healthy economic data helped the Nasdaq post 1% gains Friday after a morning rally faded. The composite lost 0.9% for the week, but gained 1.3% for the month. PPD Inc. pared gains...

Top Internet Portal Logs 52-Week High.(B)(NASDAQ STOCKS IN THE NEWS)
March 3, 2003... Byline: Craig Shaw Yahoo cleared a seven-week consolidation Friday to notch its highest mark in more than a year. It's found support several times at its 50-day moving average since gapping off its October bottom. But overhead supply from...

Hard To Get A Handle On Compaq.(THE SMART INVESTOR)(WINNING WAYS)
March 3, 2003... Byline: KEN HOOVER Compaq Computer was the world's biggest PC maker when a powerful new rally began in May 1997. It was one of the first stocks to hit a new high and became one of the new leaders over the next six months. Sometimes,...

Morning Rally Reverses On ISM Report.(A)
March 4, 2003... Byline: CHRIS GESSEL Soft manufacturing data spoiled a decent rise in the stock market Monday morning. Stocks moved higher at the open following a weekend of headlines from the war on terror. The capture of a key al-Qaida leader and...

Factory Growth Stalls, Personal Outlays Fall Amid War, Oil Worries ISM Feb. Index Off To 50.5 Meanwhile, shoppers cut auto purchases for Jan.; nondurables, services up.(A)
March 4, 2003... Byline: CHRISTINA WISE Personal incomes crept higher in January while spending fell, the Commerce Department said Monday. Meanwhile, the recovery in the manufacturing sector slowed to a crawl last month. The Institute of Supply...

Weak Economies Abroad Put Lid On Benefits Of A Weaker Dollar Exports still in decline; meanwhile, oil imports boost U.S. trade deficit.(A)
March 4, 2003... Byline: CHRISTINA WISE Of all the yardsticks, the dollar may best reflect the U.S. economy and the world's perception of it. Over the last year, as the recovery has sputtered, and geopolitical tension and the U.S. trade deficit have...

AFTER THE CLOSE.(A)(AFTER THE CLOSE)
March 4, 2003... MARVEL ENTERPRISES beat Q4 views by 43% with 19 cents a share ex-items and raised its '03 view 13% to 64-69 cents. The comic-book maker cited licensing money from character-inspired movies, toys and games. PACIFIC SUNWEAR beat Q4 views by...

BUSINESS BRIEFS.(A)
March 4, 2003... ENERGY Calif. shows final price-fixing info Officials showed a new batch of evidence to the Federal Energy Regulatory Commission in the state's claim for $7.5 bil in electricity refunds. The state says wholesalers withheld power to...

BUSINESS BRIEFS.(A)
March 4, 2003... TECHNOLOGY Jan. chip sales fell 2.4% vs. Dec. But global sales rose 22% vs. a year ago to $12.2 bil, the Semiconductor Industry Association said. Still, the data were below forecasts as sales in all geographic markets fell 2%-3% vs....

BUSINESS BRIEFS.(A)
March 4, 2003... FINANCE Quattrone faces ban for no-show Credit Suisse First Boston broker Frank Quattrone faces an NASD ban and being fired after not appearing for an NASD hearing last week, sources said. Quattrone didn't want to hurt himself amid...

THE ECONOMY.(A)
March 4, 2003... U.S. home price rise slows in Q4 Average home prices rose 0.83% from Q3, the smallest gain in more than five years, the Office of Federal Housing Enterprise Oversight said. But just three states saw average prices decline in Q4 vs. 7 in...

NATION.(A)
March 4, 2003... Mental illness case in spotlight The Supreme Court was considering how far the government can go to make delusional dentist Dr. Charles Sell of suburban St. Louis well enough to stand trial for health fraud charges. The decision could apply...

WORLD.(A)
March 4, 2003... Security lowered for 20 detainees The U.S. military moved 20 terror suspects at Guantanamo Bay into a new medium-security prison block. It offers rewards for cooperation that include dormitories, more showers, books and recreation time. About...

TRENDS & INNOVATIONS.(A)
March 4, 2003... Zurich is best place to live, again For the 2nd straight year, the Swiss city topped a quality of life survey by Mercer Human Resource Consulting. Vancouver, British Columbia, and Vienna, Austria, were also highly ranked. The top U.S. city,...

TRENDS & INNOVATIONS.(A)
March 4, 2003... ** Some hyperactive kids who are thought to have attention deficit disorder may just be overtired since they're heavy snorers or bad sleepers, researchers said in Pediatrics. ** Breast cancer victims in Europe are more likely than...

DECIDE UPON YOUR TRUE DREAMS AND GOALS Do You Have A Calling?(A)(IBD 10 SECRETS TO SUCCESS)
March 4, 2003... Byline: Robin Grugal 2Can't seem to come up with a list of goals motivating enough to set you in motion? Maybe it's because you haven't found your calling in life. What is it that you were truly meant to do? Callings are often...

Necessity: The Mother Of Style Innovate: Coco Chanel's basic designs changed the way women think about clothes.(A)
March 4, 2003... Byline: MARILYN MUCH It was 1913, and Gabrielle "Coco" Chanel was trying to find a warm, comfortable dress to wear while staying at the tony resort of Deauville, France. After searching her wardrobe and coming up empty, she decided to...

Linksys Taps In To Home Networking Trend Company Mulling IPO.(A)
March 4, 2003... Byline: MIKE ANGELL In 1994, Xircom Inc. led in making an emerging device for linking computers. At first it sold these credit card-sized circuit boards, which plugged into PCs, to businesses. But no one had tackled the retail market...

Playa Vista Project Pushes Wired Homes Developers Take To High Tech Community in Los Angeles teams up with CompUSA, Linksys to network homes.(A)
March 4, 2003... Byline: BRIAN DEAGON Even as as the tech industry struggles, its wares are quietly revolutionizing real estate development. Look no further than Playa Vista, a 1,086-acre expanse in western Los Angeles that aims to be one of the most...

Internet-Based System Will Shore Up Trading.(A)(Q AND A)
March 4, 2003... Byline: DOUG TSURUOKA Leo Guzman is an investment banker and expert on stock exchanges and indexing. Guzman's two hats are providing him with a ringside seat on shifts in trading technology on the New York Stock Exchange. Before...

Digital River Testing B2B Waters Company In The Black.(A)
March 4, 2003... Byline: MURRAY COLEMAN It's time for Digital River Inc. to get down to business. The company is in the black, thanks to sales growth at the consumer Web shops that it manages. Now it looks to branch out into business-to-business sites....

Hewlett-Packard, EFI Give Businesses Wireless Printing Capabilities System Compatibility.(A)
March 4, 2003... Byline: MURRAY COLEMAN Wireless computing is spreading everywhere. Can wireless printing keep pace? EFI Inc. and Hewlett-Packard Co. think so. In fact, both are coming out with new hardware and software so printers can hook into...

Q&A "Unprecedented' Era Will Lead To Changes, Energy CEO Predicts.(A)
March 4, 2003... Byline: AMY REEVES Sempra Energy is a conglomeration of six energy firms that seem to be right in the middle of the industry's hot issues. The firm's two utilities -- Southern California Gas Co. and San Diego Gas & Electric -- have...

Power Producer Produces Lower Earnings Results.(A)
March 4, 2003... Byline: FROM IBD NEWS SERVICES Troubled independent power producer Calpine Corp. (New America, Feb. 22, 2001) on Monday said it had revised downward its profit for the last three years because of an accounting change and said further...

MOBILE TELESYSTEMS Moscow, Russia Russian Market Keeps This Firm Dialing In.(A)
March 4, 2003... Byline: KIRK SHINKLE While mobile-phone companies have taken a big hit in the U.S. in recent years, a Russian firm is reaping the benefits of a population that doesn't yet have a handset attached to every ear on the street. Russia is...

Action Is Slow For Enterprise M&A But Advantages Exist Dearth of deals widens spread between stock price and takeover bids.(A)
March 4, 2003... Byline: PAUL KATZEFF How many times have you heard managers say it? Stock price follows earnings. So in an economy with slack earnings, the stock market stagnates. But $73.8 million Enterprise Mergers & Acquisitions Fund looks for...

Tarnished Turkey.(A)(EDITORIALS)
March 4, 2003... Middle East: Turkey's decision to not let U.S. troops attack Iraq from Turkish soil may have been popular, but it was a huge mistake -- one that may cost it dearly. The surprise decision by Turkey's Parliament over the weekend comes amid...

This Is Progress.(A)(EDITORIALS)
March 4, 2003... Terrorism: The doubters will still doubt, but the war on America's enemies clearly moved ahead with the capture of Khalid Shaikh Mohammed. Mohammed's arrest is the most significant event in the war on terrorism since al-Qaida was routed...

Was Ancient Greece A Model For U.S.' New Role In World?(A)(NATIONAL ISSUE)
March 4, 2003... Byline: BRIAN MITCHELL Students at the Naval War College in Newport, R.I., started studying Thucydides' account of the Peloponnesian War in the 1970s. "It was right after the Vietnam War, and the sores were very visible and very raw,...

Factory Data Take Wind Out Of NYSE Rally.(B)
March 4, 2003... Byline: CRAIG SHAW Sluggish factory numbers helped deflate an early rally on the NYSE indexes. The Dow turned a 1.1% advance into a 0.7% loss. The S&P 500 slumped 0.8%. Volume declined. Covance tumbled 2.32, or nearly 10%, to 21.23 on...

Analyze, Profit From IBD's Market Charts.(B)
March 4, 2003... Analyzing the price and volume changes in the major market averages each day is essential to successful investing. They reveal major tops and bottoms in the stock market. Most stocks follow the general market's trend. They tend to rise...

Dry Pasta Producer's Upside Volume Rises.(B)
March 4, 2003... Byline: Craig Shaw American Italian Pasta is shaping a 37-week base. It climbed back atop its 200-day moving average Feb. 13 and has held above that line. The Kansas City-based pasta producer holds 20% of the country's dry pasta...

Limp Manufacturing Report Disappoints Nasdaq.(B)
March 4, 2003... Byline: DAVID SAITO-CHUNG The Nasdaq erased an early 1.2% gain to end down 1.3% on lower volume Monday. Breakouts continued to struggle, further testimony to the market's unwillingness to rally. PPD Inc. gave back its mild...

Casual Dining Chain Cooks Up More Profit.(B)
March 4, 2003... Byline: David Saito-Chung Applebee's International has been treading between 23 and 26 for three months. The stock has been consolidating its gains since May. The Overland Park, Kan.-based casual dining chain runs or franchises 1,509...

Factory Growth Stalls, Personal Outlays Fall Amid War, Oil Worries; ISM Feb. Index Off To 50.5; Meanwhile, shoppers cut auto purchases for Jan.; nondurables, services up.(A)
March 4, 2003... Byline: CHRISTINA WISE Personal incomes crept higher in January while spending fell, the Commerce Department said Monday. Meanwhile, the recovery in the manufacturing sector slowed to a crawl last month. The Institute of Supply...