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THE REAL MOST ACTIVE Factory Data Spark Broad NYSE Sell-Off.(MAKING MONEY)
Byline: CRAIG SHAW
NYSE stocks sold off Monday as weak factory data dimmed recovery hopes. The Dow fell 4.1%, the S&P 500 4.2%. Small caps also sank, with the S&P 600 down 3%. Volume rose from Friday's pre-holiday levels.
Albertsons gapped down 1.19 to 24.53 on more than twice normal volume. The No. 2 U.S. supermarket chain has skidded nearly 13% in the past four days. J.P. Morgan Securities last week cut its 12-month price target and said food retailers' customer counts are declining due to penetration by alternative channels.
U.S.-traded shares of many foreign firms fell as worries about the global economy hit economically sensitive sectors like autos. Japan's No. 2 auto maker Honda Motor Co. slipped 0.60 to 20.60 on twice normal trade. Its shares gapped below their 50- and 200-day moving averages.
Oil-related firms were hit as crude oil prices tumbled after Iraq mounted a diplomatic offensive to avoid a U.S. attack. French oil producer TotalFinaElf gapped down 5, or 7%, to 66.32 after hovering at its 200-day for several weeks. News reports said second-quarter profit is seen falling 22% before items, due to lower crude prices and weak refining margins.
...- Factory Data Take Wind Out Of NYSE Rally.(B)
- Magazine article from: Investor's Business Daily March 4, 2003 700+ words
...after shaping a more than yearlong base. Rival Vimpel Communications cleared a 13-week consolidation on top of a nine-month base. It rose 1.08 to 38.44 on fast turnover. The stock's Relative Strength line is in new high ground, a bullish sign...
- THE REAL MOST ACTIVE Factory Data Take Wind Out Of NYSE Rally.(MAKING MONEY)
- Magazine article from: Investor's Business Daily March 4, 2003 700+ words
...after shaping a more than yearlong base. Rival Vimpel Communications cleared a 13-week consolidation on top of a nine-month base. It rose 1.08 to 38.44 on fast turnover. The stock's Relative Strength line is in new high ground, a bullish sign...
- Factory Data Manager 5.0. (upgrade of shop-floor control software) (product...
- Magazine article from: Lotus March 1, 1990 700+ words
Factory Data Manager 5.0 Using data from bar-code readers and sensors, Factory Data Manager 5.0 lets you monitor all shop-floor activity, including labor, material movement, and machine status. You can get the information on-line...
- Chicago Factory Data, Improving Confidence Boost Recovery Hopes; Downside: Weak...
- Magazine article from: Investor's Business Daily Wise, Christina June 2, 2003 700+ words
...could be picking up steam. Investors zeroed in on Chicago factory data and confidence for May, looking past weak consumer spending...cautioned the reading can be volatile. A broader gauge of factory data due out today will provide a clearer picture. The ISM index...
- Integrating factory data: FactoryTalk converts factory data to business...
- Magazine article from: Industry Week Teresko, John December 1, 2006 700+ words
...Aberdeen Group lists the absence of data integration as the primary cause of failed factory optimization efforts. Integrating factory data also has significant enterprise implications. Without data integration, management must contend with multiple point solutions...
- UPDATE 6-U.S. stocks trade higher on factory data, chip gains.
- News wire article from: The America's Intelligence Wire March 1, 2005 700+ words
...although off a high of 10,840 reached just after the factory data were released this morning. The Nasdaq Composite Index rose...engines by 1 to 5 percent. Stocks held up well even as key factory data came in weaker than expected. "We're getting a bounce...
- UPDATE 8-U.S. stocks trade higher on factory data, chip gains.
- News wire article from: The America's Intelligence Wire March 1, 2005 700+ words
...10,817, off a high of 10,840 reached just after the factory data were released this morning. The Nasdaq Composite Index rose...Tuesday's trading action, stocks held up well even as key factory data came in weaker than expected. "We're getting a bounce...
- UPDATE 5-U.S. stocks trade higher on factory data, chip gains.
- News wire article from: The America's Intelligence Wire March 1, 2005 700+ words
...840 reached just after the release of this morning's factory data. The Nasdaq Composite Index rose 10 points to 2,062...engines by 1 to 5 percent. Stocks held up well even as key factory data came in weaker than expected. "We're getting a bounce...
- UPDATE 7-U.S. stocks trade higher on factory data, chip gains.
- News wire article from: The America's Intelligence Wire March 1, 2005 700+ words
...10,793, off a high of 10,840 reached just after the factory data were released this morning. The Nasdaq Composite Index rose...engines by 1 to 5 percent. Stocks held up well even as key factory data came in weaker than expected. "We're getting a bounce...
- UPDATE 10-Factory data sparks major rally in Dow, Nasdaq.
- News wire article from: The America's Intelligence Wire January 2, 2003 700+ words
...squeeze, and hedge traders might come back in and short the heck out of it," he said. Listen to interview One view of the factory data Avery Shenfeld, an economist with CIBC World Markets, said the jump in new orders suggests that the drop in durable orders...