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Business News.(A)(Business News)
November 1, 2000... In Brief
Unilever will sell Elizabeth Arden perfumes for $225 million to FFI Fragrances.
AT&T reportedly is seeking a $25 billion credit line, one of the biggest ever.
BEI Technologies' profit rose 56% to 42 cents a share in its...
Page_2.(A)
November 1, 2000... Trends .
Majority of U.S.' older population
is female, non-Hispanic whites
In 1999, women made up 55% of those 55 years old and up, according to the Census Bureau's profile of the older population. Non-Hispanic whites made up 71%...
Page_2.(A)
November 1, 2000... Washington
Navy ships avoiding Suez Canal; high alert for troops in Mideast
No U.S. Navy ship has used the canal since the USS Cole made its way from the Mediterranean Sea into the Red Sea, and U.S. troops in Saudi Arabia and Kuwait...
10SECRETS.(A)
November 1, 2000... Four years ago, Michael Napoliello felt distracted. The co-owner and director of client services at Torrance, Calif.-based U.S. Marketing & Promotions felt as if he were "juggling 50 balls at once," he said.
In the midst of ringing phones...
Mathematician Daniel Bernoulli His Drive To Keep Learning Helped Keep Him On The Path To Discovery.(A)(Leaders & Success)
November 1, 2000... Byline: Kathryn Linderman
Investor's Business Daily
When it came to mathematicians, there were few better than Johann Bernoulli. And his son Daniel knew it.
Johann Bernoulli was a mathematician widely referred to as the...
Olympic Champion Marion Jones Setting High Goals Helped Her Sprint To The Gold.(A)(Leaders & Success)
November 1, 2000... Byline: Amy Reynolds Alexander
Investor's Business Daily
Goal setting works - for proof, just ask Marion Jones.
She was 8 years old when she saw the 1984 Olympic torch relay in Los Angeles. When she returned to her Palmdale,...
Wisdom To Live By.(A)(Leaders & Success)
November 1, 2000... {TEXT}
Wisdom To Live By .
{TEXT}
ON FOCUS
The first requisite for success is the ability to apply your physical and mental energies to one problem incessantly without growing weary.
Thomas Edison, inventor
ON...
Computers Made Plain Several Web Sites Can Help Ensure That You Buy The Right Insurance.(A)(Computers Made Plain)
November 1, 2000... Byline: Lynn Walford
Investor's Business Daily
Insurance may prevent big financial problems, but shopping for insurance often feels like a blight onto itself.
Firms offer confusing plans. And it's difficult to tell if you're...
Intel, AMD In A Rare Accord; Rambus Suffers The memory chip company's shares fall on continued word that chip kings favor design that competes with Rambus.(A)(Internet & Technology)
November 1, 2000... Byline: James DeTar
Investor's Business Daily
Rambus Inc. has absorbed a few body-blows in the rough-and-tumble tech field, but analysts say it will recover - again.
The latest shot apparently wasn't even news, yet it sent Rambus...
The Big iMac Oversupply Means Rotten Apple Xmas.(A)(Internet & Technology)
November 1, 2000... Byline: Patrick Seitz
Investor's Business Daily
Apple Computer Inc. is giving itself a lump of coal for Christmas.
The Cupertino, Calif.-based company predicts a bah-humbug quarter as it waits for retailers to sell off excess...
Focus On Your Best Stocks For Big Returns.(A)(Investor's Corner)
November 1, 2000... By Jonah Keri
Investor's Business Daily
A fisherman starts his day casting lines in all directions to see where the fish are biting. When he finds the sweet spots, he'll focus his attention on those prime areas.
Investors should...
POLITICS & TECHNOLOGY Cantwell: Senate's First Internet Executive?(A)(Internet & Technology)
November 1, 2000... Byline: Charles Bermant
Investor's Business Daily
The U.S. Senate is homogeneous, chock-full of lawyers, businesspeople and professional politicians. But a close race in Washington state pits the incumbent against an upstart from an...
Internet & Technology.(A)
November 1, 2000... Byline: Mike Angell
Investor's Business Daily
The big question hanging over telecom-gear makers is: Will the industry next year, or any year, see the same growth rate it enjoyed this year?
This year has been one of the best ever...
Economic Briefs - And Abroad.(A)
November 1, 2000... Bundesbank President Says
More Intervention Possible
Bundesbank President and European Central Bank council member Ernst Welteke said, "We are monitoring foreign exchange markets closely, and will intervene again if necessary." The...
Economic Briefs - At Home.(A)
November 1, 2000... Fed: No Easy Solution To
Social Security's Problems
"There's a huge demographic shift, and the present formula is not going to work," Fed. Gov. Edward Gramlich said. He says tough decisions are needed, including lower benefits and a...
Sept. Home Sales Notched Fat Rise Fueled By Cheaper Mortgage Rates.(A)(Business & The Economy)
November 1, 2000... Byline: M. Susan Basas
Investor's Business Daily
New-home sales soared 9.2% in September to an annual rate of 946,000 units, thehighest level in six months, as sinking mortgage rates encouraged buyers to lock in deals.
It was the...
CERNER CORP. / Kansas City, Missouri Software Is Circulatory System For Patient Data.(A)(The New America)
November 1, 2000... Byline: Robyn Taylor Parets
Investor's Business Daily
Anyone who's dealt with a hospital's billing system knows the pitfalls of a hospital's computer system. Those problems can even spread to patient care.
Amazingly, a single...
INTERMUNE PHARMACEUTICALS / Burlingame, California Actimmune Sets Sights On Pulmonary Fibrosis.(A)(The New America)
November 1, 2000... Byline: Gloria Lau
Investor's Business Daily
Yale University's Dr. Paul Noble has devoted his career to caring for patients with pulmonary fibrosis. It's a frustrating job. Most of his patients are whitemen in their 60s who are...
GREEN MOUNTAIN COFFEE INC. / Waterbury, Vermont Starbucks Proliferation Sweetens Wholesaler.(A)(The New America)
November 1, 2000... Byline: Marilyn Alva
Investor's Business Daily
It was two years ago, and everywhere you looked a Starbucks Corp. cafe was opening. Other specialty coffee chains, following on its coattails, were sprouting new stores, too.
Not...
The Real Most Active - NYSE.(A)(The Real Most Active - NYSE)
November 1, 2000... The Real Most Active
The Dow industrials gained ground again Tuesday, stopping just short of 11,000.
The blue-chip index climbed 135.37 points, or 1.2%, to 10971.14. It's up 14% from its intraday low on Oct. 18. Buoyed by a tech...
Stocks In The News - NYSE.(A)
November 1, 2000... Laboratory Corp. of America Holdings has been one of the year's best performers, with a 266% gain since Jan. 1. The stock is at the top of a seven-week base and lies just off its Oct. 25 high of 136.
The Burlington, N.C.-based clinical lab...
Has Consumer Confidence Crested? Oil, Stocks Pull Index To 1-Year Low.(A)(Company In The News)
November 1, 2000... Byline: Antonio A. Prado
Investor's Business Daily
It's either a blip on the economic radar screen, or a harbinger of more slowingto come: Consumer confidence plunged in October to its lowest in a year.
The Conference Board - a...
The Big Picture.(A)(The Big Picture)
November 1, 2000... THE BIG PICTURE
The Nasdaq changed from a bearish to bullish costume just in time for Halloween.
The switch came as the tech-dominated index followed through Tuesday 1 on a rally that began last week 2. The composite vaulted 5.6%, its...
Gore's Taxing Talk: His Plan To Pound The Rich Also Hits Aspiring Americans.(A)(View Point)
November 1, 2000... By Richard B. McKenzie
Al Gore claims that half of George Bush's proposed reduction in federal income taxes will go to the "wealthiest 1%" of taxpayers. This is pure political demagoguery, for several reasons.
First, Gore doesn't...
Gore Finds 'Green' Agenda Tough Sell In States Where Economy Is At Risk.(A)(National Issue)
November 1, 2000... Byline: John Berlau
Investor's Business Daily
Forget about tax cuts, Social Security and Medicare. In some key states, the presidential race may be decided by the Missouri River, the Snake River and theChequamegon-Nicolet National...
AL GORE'S FIFTH COLUMN.(A)(Editorial)
November 1, 2000... With polls showing George Bush leading, the major media are pulling out all thestops in their coverage of the race. No, make that all the stops in trying to promote Al Gore.
The elite media like to portray themselves as the objective...
CURBING THE POWER TO DESTROY.(A)(Editorial)
November 1, 2000... The issue of tax cuts is political poison. So said media mavens and the pundit class at the start of the campaign season. As usual, they've been proved wrong.
George Bush's call for tax cuts has strengthened, not weakened, his appeal,...
Volatile Biotech Sector Holds Promise, Risk Managers Saying To Expect Outflows When Tech Rebounds.(B)(Making Money In Mutuals)
November 1, 2000... Byline: Peter McKenna
Investor's Business Daily
Fund investors who shun the ailing tech sector in favor of biotech funds are walking a fine line between risk and reward.
Perhaps blinded by red-hot fund performances, investors can...
A Rocky September Makes Investors Cautious October Could Bring First Mutual Fund Outflow Since 1998.(B)(Making Money In Mutuals)
November 1, 2000... Byline: Dan Moreau
Investor's Business Daily
Mutual fund investors showed caution in September. They continued to put new cash in stock funds, but at a slower pace than in the prior month.
One flow tracker says October may have...
The Real Most Active - NASDAQ.(B)(The Real Most Active - NASDAQ)
November 1, 2000... The Real Most Active
Investors dived in as retailers and techs rallied higher on Tuesday.
After a bad start on Monday, the Nasdaq composite gained 178.23 points, or 5.6%, to 3369.63. The Nasdaq 100 added 6.5% to 32841.33. Volume...
Stocks In The News - NASDAQ.(B)
November 1, 2000... AremisSoft broke out of an eight-month base on above-average volume Tuesday. The stock closed more than 5% above its pivot point, but could pull back in light trade. It's now 14% off its all-time high, set March 6.
The British firm makes...
Japan Ponders StarLink Imports, And Bulls Stampede CBT Corn Pit.(B)(FUTURES)
November 1, 2000... By Reuters
Corn prices rose Tuesday on optimism that Japan may allow imports of gene-spliced StarLink corn for use in animal feed, a development that would erase fears that the No. 1 U.S. customer might halt shipments.
In other...
Getting Publicity For Your Small Business.(A)(News For You)
November 1, 2000... Byline: Lia Haberman
Investor's Business Daily
How far would you be willing to go to publicize your small business? Benjamin Kaplan, 23, a recent college graduate and founder of Waggle Dancer Books, launched a 25-city tour to promote...
Bonds Knocked Off Their Perch As Stocks Return To Flying High.(B)(Credit Markets)
November 1, 2000... By Reuters
Shorter-dated U.S. Treasuries clung to early gains in afternoon trading on Tuesday after a raft of new data showed a slide in consumer confidence and further evidence of moderation in the economy.
But a 5.6% gain in the...
IBD's Top 10.(A)(IBD's Top 10 1-5)
November 1, 2000... Buyers Return En Masse;
Nasdaq Follows Through
1The index surged 5.6%, its 10th best percentage rise ever. Volume spiked 23%, confirming a rally that began Thursday. Investors bought networking, telecom gear, chip and Internet software...
IBD's Top 10.(A)(IBD's Top 10 6-10)
November 1, 2000... Bush Lead Now 9 Points
In IBD/TIPP Tracking Poll
6The Republican candidate is now up 49%-40%, the first lead outside the margin of error since IBD began polling on Labor Day. Bush continues to pick up support across a broad front,...
Business News.(A)(Business News)
November 1, 2000... Computers/Tech
Intel to phase out Rambus memory
Online magazine Electronic Buyers' News said Intel will phase out the slow-selling Direct RDRAM-enabled 820 chipset in the first quarter of next year, while the yet-to-be introduced Intel...
Business News.(A)(Business News)
November 1, 2000... Telecom
Qwest in a three-year, $600-mil deal
to provide services to McLeodUSA
Telephone and data services firm Qwest Communications will provide voice and data services to the telecom provider McLeodUSA. The deal will let...
Business News.(A)(Business News)
November 1, 2000... Medical
Shares of Alpharma plummet 31%
on news of cooked sales in Brazil
Alpharma fell 17 11/16 to 38 13/16 after the company said there was a discrepancy in earnings announced Monday. The specialty drugmaker had said it earned 48...
Business News.(A)(Business News)
November 2, 2000... In Brief
Office Depot warned it may take a one-time charge in the fourth quarter that will result in lower profit or even a loss. The charge would result from possible store closings.
More than 17 million customers signed up for cell...
Page_2.(A)
November 2, 2000... Trends .
Chase, BofA and IBM join forces
to create online check exchange
The three are teaming up in a move expected to cut check processing costs by upto 30%. They'll establish a unit called Viewpointe Archive Services that'll...
Page_2.(A)
November 2, 2000... Washington
Senate approves export tax bill
to replace system WTO banned
On a voice vote, the Senate sent the legislation to the House, where GOP leaders said final passage was likely. Sen. Daniel Moynihan, D-N.Y., said if Congress...
10SECRETS.(A)
November 2, 2000... When the Tacoma (Wash.) Narrows Bridge was being built in the late 1930s, the aim was to erect the most graceful, flexible suspension bridge ever.
Unfortunately, the unusual sleekness and flexibility of the bridge eventually allowed it to...
Journalist Nellie Bly Her Determination Helped Her Break Barriers And Uncover Injustice.(A)(Leaders & Success)
November 2, 2000... Byline: Alison Young
Investor's Business Daily
In Victorian times, a woman's place was in the home. But Nellie Bly wanted more.
That drive enabled Bly to break some of the most important stories of her time and change the way...
Fund Manager Mario Gabelli His Drive Has Taken Him To The Top.(A)(Leaders & Success)
November 2, 2000... Byline: Curt Schleier
Investor's Business Daily
Mario Gabelli is in the market for a few Ph.D.s. But he's not looking for people who hold doctorates in economics - or any other discipline, for that matter.
He's in the market for...
Wisdom To Live By.(A)(Leaders & Success)
November 2, 2000... {TEXT}
Wisdom To Live By .
{TEXT}
ON FAITHFULNESS
The kisses of an enemy may be profuse, but faithful are the wounds of a friend.
Proverbs 27:6 (NIV)
ON PERSEVERANCE
An inventor is almost always failing. He...
B.(A)
November 2, 2000... Byline: Pete Barlas
Investor's Business Daily
Consumers and businesses are delivering a message to sellers of Internet postage: return to sender.
Demand for downloading postage from the Net has failed to live up to expectations....
Computers Made Plain Even In Silicon Valley, A Reporter Has To Stay In Internet Slow Lane.(A)(Computers Made Plain)
November 2, 2000... Byline: Murray Coleman
Investor's Business Daily
For a technology writer like me, moving to Silicon Valley seemed nothing short of entering Nirvana.
Now, six months later, my sense of euphoria is diminishing.
Instead of...
Microsoft Tests Its New Strategy On Small Firms Through its bCentral Web site, which targets small businesses, Microsoft tries selling software as services rather than as goods.(A)(Internet & Technology)
November 2, 2000... Byline: Patrick Seitz
Investor's Business Daily
Microsoft Corp. is using its bCentral small-business Web portal as a guinea pigin its bold .Net experiment.
The .Net initiative, pronounced "dot net," aims to tie all of Microsoft's...
Don't Lose Your Resolve To Cut Initial Losses.(A)(Investor's Corner)
November 2, 2000... Byline: Christina Wise
Investor's Business Daily
Nothing's more frustrating than watching a stock bounce back in the days after you've unloaded it. That's just part of the price of quickly cutting initial losses.
Taking a small...
With Nortel Backing, Qtera Promotes Speedy New Gear.(A)(Internet & Technology)
November 2, 2000... Byline: Mike Angell
Investor's Business Daily
How's this for speed? Qtera Corp. went from start-up to multinational company in just 10 months.
Of course, being acquired by Nortel Networks Corp. in December for $3.25 billion sped...
ELECTRONIC COMMERCE FTC Upholds E-Marketplaces - For Now.(A)(Internet & Technology)
November 2, 2000... Byline: Murray Coleman
Investor's Business Daily
While clouds still hang over business e-commerce on Wall Street, not all is gloom and doom.
A ray of sunshine is breaking through, some Internet executives say. And it's coming from...
INTERNET USERS Companies Emerge To Guide Seniors Online.(A)(Internet & Technology)
November 2, 2000... Byline: David Noack
Investor's Business Daily
Kay Holevas isn't online. Neither are many of the people she knows in her NorthSeattle neighborhood.
Getting a computer and Internet connection just isn't a top priority for her crowd,...
Economic Briefs - And Abroad.(A)
November 2, 2000... Senate OKs Export Tax Bill,
Avoids European Trade War
The Senate passed a $4.5 billion export tax measure that would replace a law ruled an illegal trade subsidy by the World Trade Organization. It also avoids trade sanctions from the...
Economic Briefs - At Home.(A)
November 2, 2000... Weaker Corporate Earnings
Slow Job Creation: Analysts
Staffing firm executives say hiring eased in October from September's brisk pace. "When companies start seeing profits that aren't what they had expected, they will tighten their...
Manufacturing Activity Slows Down; Fed's Data Show Nation's Weak Spots.(A)(Business & The Economy)
November 2, 2000... Byline: Antonio A. Prado
Investor's Business Daily
Forget about interest rate hikes from the Federal Reserve. Now the question is whether to cut rates. A much-awaited report released Wednesday showed a slowdown in the manufacturing...
PRE-PAID LEGAL SERVICES INC. / Ada, Oklahoma Insurance Firm Makes Lawyers' Fees Manageable.(A)(The New America)
November 2, 2000... Byline: Jennifer Netherby
Investor's Business Daily
Flip through any Yellow Pages, and it's obvious there's no shortage of lawyers willing to take on one's cause. But for many Americans, having the money to payfor a lawyer when they...
FORD MOTOR CO. / Dearborn, Michigan Ford Gives The Rouge, Other Plants Makeover.(A)(The New America)
November 2, 2000... Byline: Paul A. Eisenstein
Investor's Business Daily
Can Ford Motor Co. transform a rusting icon of the old economy into the world'sleanest and greenest manufacturing center?
That's the goal of the Heritage Project, which will...
SUNGARD DATA SYSTEMS INC. / Wayne, Pennsylvania Software Firm Keeps Vigil Over Stock Trades.(A)(The New America)
November 2, 2000... Byline: Steve Watkins
Investor's Business Daily
Most people don't realize the number of steps needed to complete a stock trade.They call their broker or contact one online, place an order and it's executed.
But there's a lot more...
Congress Going Home Without Budget Deal.(A)(BUDGET-AP)
November 2, 2000... WASHINGTON (AP) - The Senate agreed Wednesday to let lawmakers go home for the last few days of the election campaign, abandoning hopes of finishing the federal budget before Americans go to the polls.
That decision must still be accepted...
WorldCom Latest Phone Company Calling Attention To Troubled Time.(A)(Company In The News)
November 2, 2000... Byline: Reinhardt Krause
Investor's Business Daily
Shares in long-distance phone companies dived again Wednesday as WorldCom Inc. warned that its fourth-quarter and 2001 profit and revenue will erode due to falling prices.
...
Northwest's Stake In Continental Air Slammed By Gov't.(A)(NORTHWEST-AP)
November 2, 2000... DETROIT (AP) - Northwest Airlines' controlling stake in Continental Airlines violates antitrust laws and could squeeze consumers, worsen service and stifle competition, the U.S. government told a federal judge Wednesday in hopes of unwinding...
The Real Most Active - NYSE.(A)(The Real Most Active - NYSE)
November 2, 2000... The Real Most Active
The Dow again flirted with the 11,000 mark Wednesday, before edging down on lower volume.
The index lost 71.67 points, or 0.7%, to 10899.47. The S&P 500 dropped 0.6% to 1421.22. Volume shrunk 12% to 1.21 billion...
Stocks In The News - NYSE.(A)
November 2, 2000... Both the Dow industrials and the Nasdaq have posted follow-through days recently, signaling the possible start of a market rally. But many leading growth stocks are still cooling their heels as they carve out bases.
One is Calpine. The...
The Big Picture.(A)(The Big Picture)
November 2, 2000... THE BIG PICTURE
The market caught its breath Wednesday.
After running up 6% in four days and almost 14% in two weeks, the Dow industrials eased back 71.67 points, or 0.7%, to 10,899.47.
The rest of the stock market did the same....
Gore Loses Control: Cheap Drugs Come At Expensive Price Under His Proposal.(A)(View Point)
November 2, 2000... By Merrill Matthews Jr.
If you want more proof that price controls don't work - as if we didn't have enough already - just let Al Gore's prescription-drug benefit plan become law.
Of course, Gore and the Democrats will claim that their...
Economic Models See A Gore Victory, So Why Are Polls Trending To Bush?(A)(National Issue)
November 2, 2000... Byline: Kevin Butler
Investor's Business Daily
The economy is roaring. The incumbent president is riding high in approval ratings. So why isn't his heir apparent faring better with voters?
Al Gore should be running away with this...
CLINTON'S REVISIONISM.(A)(Editorial)
November 2, 2000... In his first race for the White House, Bill Clinton ridiculed rival George Bushwith the phrase, "He just doesn't get it." Today, count Clinton among the clueless. His efforts to rewrite the history of his impeachment are incredible - and...
THE RESURRECTION OF HISTORY.(A)(Editorial)
November 2, 2000... It should be a maxim of diplomacy: Appeasement of terrorism begets terrorism. And yet, with the Jerusalem intifada mushrooming into a global jihad against Israel, the Clinton team shows no ability to replace hope with experience.
Little...
Younger Workers Lean Toward Roth IRAs They Use Them To Build Assets, Not Just Place To Park Rollover.(B)(Making Money In Mutuals)
November 2, 2000... Byline: Paul Katzeff
Investor's Business Daily
Think younger workers don't care about retirement? They do, according to a recent report on IRA ownership patterns released by the Investment Company Institute.
More than half, 56%,...
AIM Basic Value Cashes In Chips For Health Managers Buy Stocks At Discount To Business' Intrinsic Values.(B)(Making Money In Mutuals)
November 2, 2000... Byline: Nancy Gondo
Investor's Business Daily
Most tech stocks have come back to earth this year, but they're still too high off the ground for AIM Basic Value.
Wall Street's focus on the tech sector's current weakness, though,...
Is Your Teen Using Performance Drugs?(A)(News For You)
November 2, 2000... Byline: Tim Haddock
Investor's Business Daily
Thanks to the Summer Olympics, you've heard a lot lately about athletes using performance-enhancing drugs. Did you realize your own children may be using them too?
A 1999 survey by the...
The Real Most Active - NASDAQ.(B)(The Real Most Active - NASDAQ)
November 2, 2000... The Real Most Active
Nasdaq stocks took a breather Wednesday following Tuesday's strong rally.
The composite index fell 36.24 points, or 1.1%, to 3333.39. Volume slowed 6% to2.02 billion shares. Decliners led 7-to-6.
Hospitals,...
Stocks In The News - NASDAQ.(B)
November 2, 2000... After breaking out in January 1999, Veritas Software went from around 14 1/2 toits March 2000 peak of 174, a 1,100% gain. The stock quickly corrected 57%, but found support at its 200-day moving average. It's been basing for nearly eight months...
Crude Oil Supplies Keep Sinking, And Price Rises Another 55 Cents.(B)(FUTURES)
November 2, 2000... By Reuters
Crude oil prices closed higher Wednesday after U.S. stockpiles were reported lower and news from overseas also fed nervous buying.
In other featured commodity trading, corn prices seesawed narrowly and closed unchanged as...
Manufacturing Loses Some Muscle, Pulling Back Longer-Term Bonds.(B)(Credit Markets)
November 2, 2000... By Reuters
Longer-dated U.S. Treasuries gave up early gains Wednesday to trade lower as further evidence of weakness in U.S. manufacturing tripped up the dollar, making U.S. assets less attractive to foreign investors.
The National...
IBD's Top 10.(A)(IBD's Top 10 1-5)
November 2, 2000... WorldCom Cuts Forecasts, Plans New Tracking Stock
1The new shares are intended to disconnect its high-growth data and Internet unit from its stagnant long-distance segment. That sector is suffering as toughcompetition eats into...
IBD's Top 10.(A)(IBD's Top 10 6-10)
November 2, 2000... Gore Slashes Bush Lead
As Base Gets Energized
6The statistically significant nine-point lead George Bush had opened up in theIBD/TIPP Poll again shrank to within the margin of error. The daily tracking poll now has Bush ahead of Al...
Business News.(A)(Business News)
November 2, 2000... Byline: By
Technology
Chip sales growth to slow in 2001
Global semiconductor sales are forecast to reach $200 billion for the first time this year, says the Semiconductor Industry Association. Global sales will rise to $319...
Business News.(A)(Business News)
November 2, 2000... Telecom
Nortel sees 4th-qtr profits on track
but should slip in first qtr of '01
Nortel Networks will meet fourth-quarter views, but first-quarter 2001 profits will miss views by a penny a share. The telecom gear maker expects to...
Business News.(A)(Business News)
November 2, 2000... Financial
Brokers cut forecasts on each other
Goldman Sachs slashed fourth-quarter predictions by about 9% on Lehman Bros., Morgan Stanley Dean Witter and Merrill Lynch. Goldman said equity trading looksgood, but light trading could...
Techs Look Cheap To Micro-Cap Fund.(B)(Mutual Weekly Special)
November 3, 2000... Byline: Tom Gray
Investor's Business Daily
Who gets what? When you're gone, you want your assets - the money in your retirement plans and your other worldly possessions - distributed as you wish.
Every major life event - a job...
Legg Mason Has High Hopes For WorldCom While Hurt By Phone Firm, Group Scores With Waste Management.(B)(Mutual Weekly Special)
November 3, 2000... Byline: Leo Fasciocco
Investor's Business Daily
The Legg Mason fund family, known for its value approach, poured the greatest amount of its money into pollution control stocks in the second quarter.
The bargain-hunting,...
Things They Don't Tell About The Tax Plans How The Bush, Gore Proposals Would Work In The Real World.(B)(Making Money In Mutuals)
November 3, 2000... Byline: Stuart Weiss
Investor's Business Daily
At first glance, Gov. George Bush's tax proposal looks much more generous than Vice President Al Gore's.
Bush would cut the top tax rate from 39.6% to 33%. He would chop the 36% and...