Investor's Business Daily articles from October 2005

Investor's Business Daily archives from October 2005

U.S. Pension Woes Put Gov't Insurer Deeper In The Red Congress Working On A Fix Legislation would boost firms' premiums, but not enough to offset failures.(A)
October 3, 2005... Byline: JED GRAHAM The Pension Benefit Guarantee Corp., the government agency that insures private pensions, already had a $23 billion deficit before the recent bankruptcies of Delta and Northwest Airlines. If those companies unload...

MARKET TOOL BAR.(A)
October 3, 2005... S&P 500 INDEX 1228.81 +1.13 (+0.1%) Textiles, hotels, gems among day's winners DOW JONES IND. 10,568.70 +15.92 (+0.2%) FTC OKs Proctor & Gamble's Gillette buy NYSE VOL. (MIL) 1,554 -81...

Intel, Qualcomm Ready To Fight Over Emerging WiMax Standard Intel, others back new format, which could eat into Qualcomm sales.(A)
October 3, 2005... Byline: REINHARDT KRAUSE A battle is brewing between Intel and Qualcomm, and the future of the wireless phone industry could hang in the balance. The two firms have starkly different visions. Intel, the world's No. 1 chipmaker, looks...

IBD'S TOP 10.(A)
October 3, 2005... Indexes Rise For Week, Quarter 1The Nasdaq led Friday with a 0.5% gain, while the Dow edged up 0.2% and the S&P 500 0.1%. The small-cap S&P 600 index rose 0.3%. Volume was lighter across the board. For Q3, the S&P 600 gained 5.1%, Nasdaq...

AFTER THE CLOSE.(TO THE POINT)
October 3, 2005... GEN-PROBE said a U.S. appeals court affirmed an '04 ruling that Enzo Biochem's 1999 patent suit was invalid. Shares rose. DELPHI reported a Q3 cash balance of $1.6 bil. The auto parts maker, teetering near bankruptcy, said it didn't make a...

BUSINESS BRIEFS.(TO THE POINT)
October 3, 2005... FINANCE Citigroup top underwriter in Q3 Citigroup underwrote $91.71 bil in U.S. stock, equity and related issuance, holding a 9.9% market share, Thomson Fin'l said. In Q3 '04, Citi was No. 1 with an 11.7% share. JPMorgan was No. 2 in...

BUSINESS BRIEFS.(TO THE POINT)
October 3, 2005... RETAIL Best Buy eyes used video games Best Buy, with more than 870 stores in North America, is buying and selling used video games at a few stores, according to Piper Jaffray. The pre-owned video-game market is worth about $800 mil a...

BUSINESS BRIEFS.(TO THE POINT)
October 3, 2005... TRANSPORTATION GM ends employee-pricing plan The No. 1 automaker's successful discount plan was slated to expire Friday. General Motors launched employee pricing for everyone in June. The response was so strong, GM extended it several...

BUSINESS BRIEFS.(TO THE POINT)
October 3, 2005... INSURANCE James River halts underwriting The property & casualty insurer hiked its estimate for Hurricane Katrina losses to $1-$1.18 a share and said it's suspending property underwriting until it's convinced it can make "consistent...

THE ECONOMY.(TO THE POINT)
October 3, 2005... Basel II timeline extended to '08 U.S. regulators added another year to the deadline to meet capital requirements set down by the global accord designed to regulate banking reserves. Opponents continue to argue the int'l agreement puts...

TRENDS & INNOVATIONS.(TO THE POINT)
October 3, 2005... ASEAN nations will fight bird flu Agriculture ministers from the 10-member Association of Southeast Asian Nations OK'd a plan at a meeting in the Philippines. They also pledged to cooperate with int'l groups and are hoping for any aid in...

NATION.(MAKING MONEY)
October 3, 2005... Bush nears next high court pick President Bush completed consultations with the Senate about whom he should nominate to replace Sandra Day O'Connor on the Supreme Court and is close to making an announcement. Spokesman Scott McClellan left...

WORLD.(TO THE POINT)
October 3, 2005... Algerians strongly back peace plan The Charter for Peace and National Reconciliation won 97% of the vote. It will turn the page on a decade of civil war by offering partial amnesty to hundreds of Islamic militants. The conflict, which cost...

Elisha Gray Kept Innovation On The Front Burner Never Give Up: Hours too late to patent the phone, his determination led to the development of the early fax machine.(LEADERS & SUCCESS)(BEST OF LEADERS & SUCCESS)
October 3, 2005... Byline: AMY REEVES Ask any schoolchild: Who invented the telephone? The likeliest exuberant answer: Alexander Graham Bell. The truth's more complicated. Bell filed his patent application in 1876, all right. But just hours later,...

LEARN TO ANALYZE DETAILS Put Experience To Work.(LEADERS & SUCCESS)(IBD'S 10 SECRETS TO SUCCESS)
October 3, 2005... Byline: CORD COOPER 6Kerry Boekelheide spent the 1980s nailing the nuances as a manager in the Super 8 motel chain. As the chain expanded and new motels were built, he learned the pitfalls to avoid and the prime goals to aim for. Those...

The World's Leading Retailer Focus On Vision: Sam Walton's new way of looking at old business spelled success.(LEADERS & SUCCESS)
October 3, 2005... Byline: LISA SCHMEISER Creativity is often a synonym for originality -- the ability to produce something the world hasn't seen. Sam Walton thought that was a limited view. "We've certainly borrowed every good idea we came across," the...

Standards Group's Next Action Set To Unleash Mobile WiMax Engineers' Blessing Key Step OK would spark the release of wares used to build more powerful wireless networks.(INTERNET & TECHNOLOGY)
October 3, 2005... Byline: JAMES DETAR All aboard! Wireless broadband is about to roll out of the station. Digital subscriber line and cable modem services provide about 40% of U.S. households with broadband -- fast -- Internet access. But users have to...

South Korea's WiBro Arriving Before WiMax Will Be Good Testing Ground It's a flavor of WiMax that Intel is helping to develop and Sprint aims to test here.(INTERNET & TECHNOLOGY)
October 3, 2005... Byline: REINHARDT KRAUSE South Korea's government hopes to groom WiBro as the next wireless technology that will fuel the country's export sales. WiBro is that country's flavor of a wireless broadband technology called WiMax. It's just...

3G Response To WiMax: Anything You Can Do ... Cell Networks Advance Wireless carriers claim their third-generation services will hike speeds.(INTERNET & TECHNOLOGY)
October 3, 2005... Byline: MIKE ANGELL The long-distance wireless technology known as WiMax has been described as "Wi-Fi on steroids." Indeed, WiMax can send much more data much longer distances than Wi-Fi, a wildly popular short-range wireless standard....

First Search Service With TV-Like Video Isn't Google, Yahoo Tiny Blinkx Getting The Jump Plot is expected to thicken as video search gains hold as a big source of revenue.(INTERNET & TECHNOLOGY)
October 3, 2005... Byline: PETE BARLAS TV-like channel surfing is coming to the Internet. Blinkx, a little known Internet search company, on Monday plans to launch what it and analysts call a first-of-its-kind service. The service will let people...

PDF SOLUTIONS San Jose, California Its Technology Helps Clients Yield Big Results From Small Chips.(THE NEW AMERICA)
October 3, 2005... Byline: MARILYN ALVA As consumer electronics products become smaller and more versatile, chipmakers are being called on to squeeze more applications on a single chip. The size of the smallest elements in these chips is going from 130...

This Boss Is A Real Scream Donny Deutsch says speaking his mind has served him well as a manager.(MANAGING FOR SUCCESS)
October 3, 2005... Byline: MOREY STETTNER Most chief executives attract friends and allies with ease and maintain a calm, cool demeanor. Donny Deutsch is different. As chairman of Deutsch Inc., a $2.7 billion New York-based advertising firm, Deutsch has...

EXECUTIVE BRIEFING.(MANAGING FOR SUCCESS)
October 3, 2005... LEADERSHIP SKILLS Got Coaching? Why do companies pay executive coaches to work with employees? Right Management Consultants surveyed 328 organizations about their reasons for providing coaching services to workers, and learned that...

MED BRIEFS.(HEALTH & MEDICINE)
October 3, 2005... U.N. Official Warns Of Flu Deaths A top United Nations official said a new Avian flu pandemic could kill 5-150 million people unless governments halt the spread in Asia. The H5N1 bird flu has killed 65 people and tens of millions of...

Study Questions' Effectiveness Of Disease Management At Issue: Cost Savings Study reviewer says not all programs get proper return on investment.(HEALTH & MEDICINE)(Q&A)
October 3, 2005... Byline: GLORIA LAU Disease management companies have done a good job pitching their programs to employers and health insurers over the past decade. Such programs usually include telephone counselors who urge patients to exercise, take...

Biogen's FDA Pitch For MS Treatment Might Be Long Shot But It's Worth It, Execs Say The company breaks from tradition in attempt to get Tysabri back on the market.(HEALTH & MEDICINE)
October 3, 2005... Byline: PETER BENESH Officials at Biogen Idec know the company faces an uphill battle trying to get its multiple sclerosis drug, Tysabri, back to market. But they insist their efforts are rooted in science -- not miracles. Biogen...

Spanning The Globe For Science.(HEALTH & MEDICINE)(UNDER THE MICROSCOPE)
October 3, 2005... Byline: Alan R. Elliott ,Alan R. Elliott Kendle International Cincinnati, Ohio kendle.com Few things stir bad juju in labor union halls more than talk of overseas outsourcing, which sends U.S.-based jobs elsewhere. But...

Market-Leading Medical Stocks.(HEALTH & MEDICINE)
October 3, 2005... 1Quality Systems Computer SftwrQSII69.35-3.289898A214642.936 It develops computer-based practice management, medical records and e-business applications for medical and dental practices. 2Cutera Systems/EquipCUTR25.90.319896B930010043...

Who's Who In Miscellaneous Construction Products.(INDUSTRY SNAPSHOT)
October 3, 2005... 1Building MaterialsBMHC969894.611327.22405.214832.829164.5 San Francisco. Manufactures millwork, floor and roof trusses, and wall panels. 2James Hardie IndsJHX929135.43127.11284.86163.6194214 Australian manufacturer of building...

MISCELLANEOUS CONTRUCTIONS PRODUCTS A Constructive State Of Mind Building product firms see room to grow as commercial market heats up.(INDUSTRY SNAPSHOT)
October 3, 2005... Byline: ALAN R. ELLIOTT Home builders have had quite a run. Nearly 7 million new homes sprang up in the U.S. between 2000 and 2004. That's 20% more than were built in the previous five years. And forecasts call for another 4 million...

Vital Supplies Scarce In Wake Of Hurricane As companies prepare to rebuild, they struggle to gauge cost of parts, labor.(INDUSTRY SNAPSHOT)
October 3, 2005... Byline: ALAN R. ELLIOT Tall timber and gale force winds are a lousy combination. In Louisiana -- a state with forests on half of its 28 million acres of land -- the mix was devastating. Katrina leveled an estimated 1.4 billion board...

New Tax Breaks For Katrina Good Guys Help Throughout U.S. $6.1 billion aid package offers relief for donors, charitable volunteers.(FUNDS & PERSONAL FINANCE)
October 3, 2005... Byline: PAUL KATZEFF The tax bill providing help to victims of Hurricane Katrina that President Bush signed last month also offers breaks to those who lend a helping hand. One provision makes it easier to deduct charitable cash...

The Bad Samaritan.(ISSUES & INSIGHTS)(EDITORIALS)(Editorial)
October 3, 2005... The response of governments and government agencies at all levels to the twin natural disasters of hurricanes Katrina and Rita has been the subject of much debate. In the post-mortems that followed, however, one thing is evident: As...

Read His Lips.(ISSUES & INSIGHTS)(EDITORIALS)(Editorial)
October 3, 2005... That's what the chattering classes seem to be advising President Bush. Things are different now, they say, than in July, when he nominated John Roberts for the Supreme Court. Sure, Roberts was impressive and hard to challenge. But Bush...

Habitat For Humanity.(ISSUES & INSIGHTS)(EDITORIALS)(Editorial)
October 3, 2005... Property Rights: The House has passed a more reasonable version of the Endangered Species Act, this one a bit more respectful toward a critical habitat that was slighted by the original law. The ESA is a Nixon-era law intended to protect...

That's Entertainment!(ISSUES & INSIGHTS)(EDITORIALS)(Editorial)
October 3, 2005... The Julia Richmond Award is given, Harvard says, to those who "have promoted and achieved high standards for public health conditions." In this case, as a letter to an outraged alumnus, American Council of Science and Health President...

LETTERS.(ISSUES & INSIGHTS)(Letter to the Editor)
October 3, 2005... Let Government Handle It As a longtime IBD subscriber, I am always amused by the "market knows best" slant IBD consistently takes. The Sept. 26 edition was a fantastic example of the contradiction that the editorial staff must face daily....

Many Market Leaders Lie Within The Middle Ground.(THE IBD 100)(INSIDE THE 100)
October 3, 2005... Byline: DAVID SAITO-CHUNG Should you buy big-cap stocks or small-cap stocks? Investors and pundits love to debate this question. A view of the IBD 100, however, shows that this kind of thinking may be a bit misguided. IBD began...

Drinking Up Profits In Poland Central European Offers Additional Liquor Brands.(THE IBD 100)
October 3, 2005... Byline: CHRISTINA WISE Liquor importer Central European Distribution has carved out a nice little niche for itself. The company imports alcoholic beverages and soft drinks to Poland and is the country's largest distributor of domestic...

Hurricane Won't Derail Growth Tetra Tech Bounced Back After 2004's Ivan Storm.(THE IBD 100)
October 3, 2005... Byline: DAVID SAITO-CHUNG Rising oil and gas exploration has benefited specialty service firms such as Tetra Technologies. The company is a leader in well abandonment, which can become a burden if regulatory requirements aren't met....

Asset Acceptance Seeks Debt Rise In Defaulted Loans Helps Lift Revenue, EPS.(THE IBD 100)
October 3, 2005... Byline: NANCY GONDO Most businesses strive to avoid delinquent loans. But Warren, Mich.-based Asset Acceptance Capital seeks them out. It buys unpaid loans and credit accounts for rock-bottom prices, then works with debtors to set up a...

Analyze, Profit From IBD's Market Charts.(GENERAL MARKET & SECTORS)
October 3, 2005... 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...

THE REAL MOST ACTIVE NYSE Indexes Advance Friday In Lighter Volume.(B)
October 3, 2005... Byline: KATHARINE STALTER The Dow industrials finished Friday's session with a 0.2% gain; the S&P 500 advanced a fraction. Volume was lower. Flowers Foods bloomed 1.02 to 27.28 in triple normal turnover. The stock rebounded after...

Statoil Vies For Rights To Offshore Properties.(B)(NYSE STOCKS IN THE NEWS)
October 3, 2005... Byline: KATHARINE STALTER Statoil cleared its 18.72 buy point in above-average volume on June 8. It's run up 32%, pulling near its 10-week line in July and again in August. It did the same last week, but found support just above that price...

THE REAL MOST ACTIVE-NYSE Nasdaq Stocks Snap Two-Week Selling Streak.(B)
October 3, 2005... Byline: DAVID SAITO-CHUNG The Nasdaq gained 0.5% Friday to close the week up 1.6%. Volume dropped. The Nasdaq 100 rallied 1.9% for the week. Some wireless telecom gear makers have made decent strides in recent weeks. Qualcomm has...

Watch For Signs Of Accumulation As A Stock Molds Its Base Pattern.(B)(INVESTOR'S CORNER)
October 3, 2005... Byline: CHRISTINA WISE When the stock market's in a solid uptrend, there can be breakouts popping out all over the place. The trick is separating the faulty ones from those poised to make a giant run north. A stock's...

Urban's Profit Growth Among Best In Group.(B)(NASDAQ STOCKS IN THE NEWS)
October 3, 2005... Byline: JUAN CARLOS ARANCIBIA Urban Outfitters, one of the most successful retail stocks of the current bull market, has been forming a new base since late July. This is a fifth-stage base, a type that results in fewer good breakouts...

IN BRIEF.(B)
October 3, 2005... Byline: Compiled from Reuters Edison's Debt Rating Might Drop Moody's Investors Service said it may downgrade Commonwealth Edison Co., citing an increasingly contentious political and regulatory climate in Illinois. Recent...

Rediscovering Fashion Groove Revived Bebe.(THE SMART INVESTOR)(WINNING WAYS)
October 3, 2005... Byline: KEN HOOVER Bebe Stores was a winner during 1998 and 1999, running up 166% in just 12 weeks. Then it ran into trouble. Earnings declined and the stock fell to single digits before it could engineer a turnaround. The purveyor of...

Bush Picks W. House Counsel Harriet Miers For Supreme Court; Conservatives "Dismayed'; Seeking a true believer, they aren't enthusiastic about Bush's old friend.(A)
October 4, 2005... Byline: BRIAN MITCHELL President Bush disappointed conservative activists and baffled Democrats by nominating White House counsel Harriet Miers to replace retiring Supreme Court Justice Sandra Day O'Connor. "She has devoted her life to...

U.S. Factory Activity, Costs Accelerate, A Sign Katrina Hasn't Cooled Economy; Fed Has More Work To Do.(A)
October 4, 2005... Byline: KIRK SHINKLE Monday's manufacturing report showed a sharp rebound for U.S. factories despite damage to the Gulf Coast and higher prices. The Institute for Supply Management's national factory index rose to 59.4% in September...

IBD'S TOP 10.(A)
October 4, 2005... Bush Names Aide To High Court 1President Bush's nomination of White House counsel Harriet Miers to the Supreme Court was greeted warily by many conservatives and Democrats alike. Miers, the first female head of the Texas State Bar, would...

AFTER THE CLOSE.(TO THE POINT)
October 4, 2005... AMSURG projected Q3 earnings of 30 cents a share, vs. views of 35 cents. The latest guidance does not include the impact of Hurricane Katrina, which will be 2-5 cents. Shares fell 15%. EXXON MOBIL won bidding for a Libya oil exploration...

BUSINESS BRIEFS.(TO THE POINT)
October 4, 2005... TELECOM NTL to take over Telewest Global The $6 bil merger will create Britain's No. 2 telecom firm and the No. 1 residential broadband provider, with 5 mil residential phone and cable subscribers and $6 bil in annual revenue. Telewest...

BUSINESS BRIEFS.(TO THE POINT)
October 4, 2005... ENERGY NRG acquires Texas power plant As part of a consolidation trend in the industry, NRG Energy, which runs power plants across the U.S., will pay $5.8 bil for privately held Texas Genco -- $4 bil in cash and $1.8 bil in stock. NRG...

BUSINESS BRIEFS.(TO THE POINT)
October 4, 2005... SERVICES Yellow Pages publisher buys rival R.H. Donnelley will acquire Dex Media for $4.2 bil. The new company will be the country's No. 3 Yellow Pages publisher, with more than 600 directories in 28 states and a total circulation of...

BUSINESS BRIEFS.(TO THE POINT)
October 4, 2005... TECHNOLOGY Google, Sun to announce pact The Internet giant and the computer maker will announce a "collaborative effort" in Silicon Valley. Google CEO Eric Schmidt had previously been Sun Microsystems' chief technology officer; Google...

THE ECONOMY.(TO THE POINT)
October 4, 2005... Atlanta Fed: rate hikes not over After 11 rate hikes, the Federal Reserve still has "a ways to go" in removing monetary accommodation, Atlanta Fed President Jack Guynn told Reuters. A nonvoting member of the Federal Open Market Committee...

IN BRIEF.(TO THE POINT)
October 4, 2005... Brandywine Realty Trust will pay $3.25 bil -- $2.2 bil in cash, $1.05 bil in stock -- for Prentiss Properties Trust. The new entity will be one of the biggest office real estate investment trusts in the nation. Brandywine fell 3% to 29.69. ...

NATION.(TO THE POINT)
October 4, 2005... New Orleans gets back to school A parochial school in the city's Al-giers section, which largely escaped flooding, reopened Monday for the first time since Katrina hit. The students at St. Andrew the Apostle Elementary included some...

WORLD.(TO THE POINT)
October 4, 2005... U.S. offensive continues in Iraq In the 3rd day of the "Iron Fist" offensive, U.S. airstrikes targeted the Euphrates River town of Sadah. The region near Syria's border is known as an entry point for foreign insurgents. The operation also...

TRENDS & INNOVATIONS.(TO THE POINT)
October 4, 2005... Digital music sales triple in '05 Driven by demand in the U.S., Britain, Japan, Germany and France, legal music downloads hit $790 mil in the first half of '05, more than 3 times the $220 mil made in the year-ago period. Downloads now...

TRENDS & INNOVATIONS.(TO THE POINT)
October 4, 2005... ** Dark chocolate may ease the symptoms of diarrhea, reported a study in The Journal of Nutrition. Researchers think the flavonoids found in cocoa can be used to create a supplement that reduces fluid loss in the small intestine. Dark...

Get The Perfect Workday.(LEADERS & SUCCESS)(IBD'S 10 SECRETS TO SUCCESS)
October 4, 2005... Byline: Adelia Cellini Linecker 7 Many of us grumble about not having enough time in a day. But why do some folks seem to have it all under control while others always run late? Don't we all have the same 24 hours to negotiate? The...

Nuclear Physicist Maria Mayer; Never Give Up: Her dedication, resolve helped define nuclear structure.(LEADERS & SUCCESS)
October 4, 2005... Byline: MICHAEL MINK Low and no pay. Ridicule. None of that stood in Maria Goeppert Mayer's way. Mayer sidestepped those obstacles to become one of the most influential scientists of the 20th century and only the second woman, after...

Technology Roots Out Cargo Risks; Santos Starts Screening; Massive volume of cargo forces security teams to rely heavily on tech tools.(INTERNET & TECHNOLOGY)
October 4, 2005... Byline: J. BONASIA A big threat to U.S. homeland security involves the difficulty of screening the 7 million cargo containers that carry 95% of imported goods into the nation's ports each year. U.S. Customs and Border Protection agents...

EarthLink Sees VoIP As Its Latest Calling; New Path To Growth?; Online service eyes big potential in voice over Internet protocol field.(INTERNET & TECHNOLOGY)
October 4, 2005... Byline: REINHARDT KRAUSE EarthLink looks to dial up a new phase of growth by getting into the phone business. The Internet service provider hopes to become a big player in voice over Internet protocol, or VoIP. As more Americans switch...

Symantec Announces Plan To Acquire BindView For $209 Million; Fills Out Current Product Line; Deal is a break from earlier mergers, since BindView's growth potential is modest.(INTERNET & TECHNOLOGY)
October 4, 2005... Byline: DONNA HOWELL A security software giant is getting bigger. Symantec announced its third acquisition in less than two months Monday. The Cupertino, Calif., firm said it plans to buy BindView Development for $209 million in cash....

Intellisync Looks To Organize Wireless Communication Jumble.(INTERNET & TECHNOLOGY)(Q & A)
October 4, 2005... Byline: J. BONASIA The ever-changing world of wireless communications can be daunting, but Woody Hobbs likes it that way. He knows that complexity is good for business. Hobbs is the chief executive of Intellisync, which sells software...

NEW-ISSUE PIPELINE Audio Player Maker Takes Bite Of Apple.(NEW ISSUE AMERICA)
October 4, 2005... Byline: Amy Reeves A-Max Technology Hong Kong, China 852-2798-669 amaxhk.com Lead underwriters: Merrill Lynch and UBS Investment Bank Offering price: $14.50-$16.50 Expected date: week of Oct. 10 ...

Shipping IPOs Sail Into Rough Waters.(NEW ISSUE AMERICA)
October 4, 2005... Byline: AMY REEVES Do you like ships? Good, because apart from one company held over from last week, that's all the IPO market is offering this week. Golden Energy Marine and StealthGas are both newly formed Greek shippers whose...

Fund Builds Up Health, Trims Energy; UMB Scout Small Cap; Manager Bagby likes medical device makers as well as selected tech.(MUTUAL FUNDS)(MUTUAL FUND PROFILE)
October 4, 2005... Byline: MURRAY COLEMAN In early March, David Bagby was busy dumping energy. The manager at $376 million UMB Scout Small Cap Fund figures he made about a 100% profit on those holdings. "We're not denying that some energy stocks...

Schumer's Plumbers.(ISSUES & INSIGHTS)(EDITORIALS)(Editorial)
October 4, 2005... Politics: Staff members for a champion of the right to privacy and a leading critic of identity theft fraudulently obtained the credit report of a rising black political star. Your turn for tough questions, Sen. Schumer. While the media...

Scalia Or Souter?(ISSUES & INSIGHTS)(EDITORIALS)(Editorial)
October 4, 2005... Supreme Court: Harriet Miers may turn out to be a terrific justice who understands the proper, limited role of the judiciary. Or she may be a political hack. We don't know. Maybe President Bush doesn't know, either. Miers has for years...

Eviction Notice.(ISSUES & INSIGHTS)(EDITORIALS)(Editorial)
October 4, 2005... Property Rights: Few residents in a small Florida coastal community have heard of the Supreme Court's Kelo decision. Many of them, however, are about to learn. Then they'll wish they'd never heard of it. Riviera Beach, Fla., a Palm...

Cost-Benefit Terror On Bali.(ISSUES & INSIGHTS)(EDITORIALS)(Editorial)
October 4, 2005... Terror: As Indonesians clean up after another terror strike, there's plenty of hand-wringing about why it doesn't stop. For terrorists, though, there's little mystery: Indonesia's courts are making terrorism cheap. Saturday's bombings at...

THE REAL MOST ACTIVE A Wild Day In The Oil Patch At The NYSE.(MAKING MONEY)
October 4, 2005... Byline: CHRISTINA WISE The major NYSE indexes dipped into the red Monday, as oil and gas firms logged some of the day's biggest moves. The S&P 500 finished down 0.2%, while the Dow fell 0.3%. W & T Offshore tumbled 2.44 to 29.99 as...

Analyze, Profit From IBD's Market Charts.(GENERAL MARKET & SECTORS)
October 4, 2005... 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...

IBD BIG CAP 20.(IBD BIG CAP 20)
October 4, 2005... 1Google Inc318.7999994+104+134+93+9842354C To announce "collaborative effort" with with Sun Microsystems on Tuesday. 2Halliburton68.92999895+103+130+110+42051D Oilfield services in demand in wake of Katrina and Rita. 3XTO...

Health Care Firms Continue To Join The Leadership.(IBD BIG CAP 20)(INSIDE BIG CAP 20)
October 4, 2005... Byline: DAVID SAITO-CHUNG Last week's column noted that the heavy construction gear sector has made its mark on the Big Cap 20 in the form of Caterpillar. Amid the thicket of energy names still dominating the rankings, the medical...

Core Labs Helps Oil Firms Extract Profits.(B)(NYSE STOCKS IN THE NEWS)
October 4, 2005... Byline: Christina Wise Core Laboratories has twice pulled back to its 10-week moving average. One caveat: With an average daily volume of 119,000 shares, the stock is thinly traded. The company, based in the Netherlands, helps oil...

THE REAL MOST ACTIVE Medical Stocks Make Gains As Nasdaq Advances.(B)
October 4, 2005... Byline: KATHARINE STALTER The Nasdaq composite advanced 0.2% Monday on higher volume. Medical stocks were among those posting big gains in heavy trade. Salix Pharmaceuticals advanced 1.15 to 22.40 in three times regular volume. The...

When Researching Profit Growth, Don't Forget To Check Stability.(B)(INVESTOR'S CORNER)
October 4, 2005... Byline: JUAN CARLOS ARANCIBIA No question, earnings growth is the primary driver of stock performance. The higher the growth, the better. But there's something to be said for the stability of quarterly earnings. While profit growth...

Dynamic Materials To Split 2-For-1 Oct. 12.(B)(NASDAQ STOCKS IN THE NEWS)
October 4, 2005... Byline: Katharine Stalter Dynamic Materials cleared the 46.97 buy point of a two-month base on Aug. 4, but quickly pulled into a new base. The week ended Sept. 23, the stock finished a penny higher than its 10-week moving average and has...