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...David C. Dow '27 is simply in it for kicks: "I'm 90, I'm a retired physician and I have nothing...
...that figure to $17.2 billion, but increased cash flow will ease the debt service. Now Levin has to prove that his strategic vision can generate returns for the shareholders, who, since he took over in January 1993, have watched Time Warner's stock rise a mere 11.7% while the Dow rocketed...
...earnings reports, investors were dealt a piece good news Thursday when Federal Reserve Chairman Alan Greenspan indicated that the central bank may not raise interest rates at its August meeting. Greenspan told the Senate Banking Committee that a moderation in economic growth could restrain inflation on its own. The Dow Jones Industrial Average jumped 87.30 points to close at 5,464.18 in response to Greenspan's testimony. "Greenspan is very sensitive to what has happened the last few days on Wall Street and recent economic reports that led him to believe that the economy is not growing as fast...
...earnings reports, investors were dealt a piece good news Thursday when Federal Reserve Chairman Alan Greenspan indicated that the central bank may not raise interest rates at its August meeting. Greenspan told the Senate Banking Committee that a moderation in economic growth could restrain inflation on its own. The Dow Jones Industrial Average jumped 87.30 points to close at 5,464.18 in response to Greenspan's testimony. "Greenspan is very sensitive to what has happened the last few days on Wall Street and recent economic reports that led him to believe that the economy is not growing as fast...
...YORK CITY: Stocks plummeted for the third time in seven sessions Monday, as investors moved to insulate themselves from new earnings disappointments and a possible interest rate hike. The Dow Jones Industrial Average suffered its fourth-worst point drop ever, falling 161.05 points to close at 5,349.51. That represents its steepest slide since March 8 and its lowest close since late January. The Dow has now shed 7.4 percent from its record high of 5,778.00 on May 22. The technology-heavy Nasdaq index plunged 43.60 to 1,059.89 -- the equivalent of a 220-point drop in the Dow...