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IBD'S TOP 10.(A)
Mayor Fears Thousands Killed
1New Orleans Mayor Ray Nagin, estimating that up to 100,000 failed to evacuate the city before Hurricane Katrina hit, said he feared that thousands died. The official death toll is less than 100. Thousands who took refuge in the Superdome were bused to Houston's Astrodome. The Red Cross said its shelters are caring for over 45,000 left homeless. Rescuers continued to pull hundreds of people from flooded areas.
Oil Rally Chilled By SPR Supply
2 Oct. crude fell 87 cents to $68.94 a barrel after the government said it would lend oil from the strategic reserve. But Oct. gasoline rose 5.56 cents to $2.2553 a gallon while the expiring Sept. contract swelled 14 cents to $2.6145. Storm damage to refineries and strong demand are expected to push gasoline over $3 a gallon.
U.S. Mobilizes For Storm Victims
3President Bush viewed the damage by air, later calling Katrina one of the worst U.S. national disasters ever. He warned recovery "will take years" and the impact will be felt beyond the storm's path. Gov't aid included 400 trucks carrying water, meals, tarp and other goods, and 28 urban, swift-water and other rescue teams. The Coast Guard rescued nearly 2,000 people, Bush said.
Effects Of Energy Shortage Felt
- Blue chips lead broad rebound.
- Newspaper article from: Atlanta Journal-Constitution (Atlanta, GA) April 27, 2006 700+ words
Byline: Tom Walker Apr. 27--The same kind of strong economic news that spooked investors on Tuesday lured them back into the stock market on Wednesday, fueling a rally that sent all the major stock indexes higher, especially the blue chips. The government's report of much stronger than expected
- Strategic Petroleum Reserve: boon or boondoggle?
- Magazine article from: National Petroleum News Emond, Mark March 1, 1988 700+ words
...by oil companies in 1973, the year before the Arab embargo and four years before the SPR fill began. In terms of days of SPR supply, at the end of 1987 the U.S. theoretically could have replaced all of its petroleum imports, crude and products, for...
- TAKING STOCK: THE BOTTOM LINE ON THE SHOE BIZ.
- Magazine article from: Footwear News June 11, 2007 700+ words
Mixed Sales: The broad rebound in May same-stores sales - versus April's general weakness - as reported by retailers last Thursday didn't appear to help...
- Dow Ends Losing Streak, Rises 11
- Newspaper article from: Chicago Sun-Times BETTY WONG August 4, 1995 700+ words
...nervousness among investors in fixed-income securities that much-awaited figures today on July employment would suggest a broad rebound in U.S. jobs from earlier this year. DOLLAR SLIPS: The dollar slipped as traders sold the currency to take profits from...
- THE MARKETS.(Business)
- Newspaper article from: Seattle Post-Intelligencer (Seattle, WA) November 14, 1997 700+ words
...ground yesterday as bargain hunters focused on battered technology names and favorites like AT&T, IBM and GE. A broad rebound faltered, however, with few issues resolved in the overseas financial crisis. Among the big movers: Metro-Goldwyn...
- WARREN BUFFETT BETS REAL ESTATE IS BACK.(Business)
- Newspaper article from: Seattle Post-Intelligencer (Seattle, WA) May 3, 1999 700+ words
...values strengthen across much of the United States. But they are coming to life. News of Buffett's purchases, and a broad rebound in cyclical stocks that tend to soar with the economy, has pushed REIT indexes about 10 percent higher in the last month...
- Chicago Tribune Bill Barnhart Column.
- Newspaper article from: Chicago Tribune (Chicago, Illinois) (via Knight-Ridder/Tribune Business News) September 9, 2003 700+ words
...jobs in August stalled the advance for a day. But upbeat brokerage comments about International Business Machines sparked a broad rebound Monday. In addition to gains by technology and telecommunications stocks, which have fueled the rally since March, major...
- Euro, British Pound May Decline Against US Dollar as Equity Futures Point Lower...
- News wire article from: Mena Report September 15, 2009 700+ words
...New Zealand Dollar has appreciated 27.3% in trade-weighted terms to date since hitting a record low in January as a broad rebound in risk appetite drove demand for the high-yield currency. UK House Prices grew for the first time in over two years...
