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Word: dow (lookup in dictionary) (lookup stats)
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...more than ever in a front-loaded primary calendar that means candidates have to make a national impact even before the Iowa caucuses. No one, not even Gore, is closer to labor, thanks to the many battles Gephardt has fought for unions over trade issues. And the more the Dow sinks, the more broadly appealing his brand of feisty populism sounds...

Author: /time Magazine | Title: Can He Take The House? | 8/26/2002 | See Source »

...more than ever in a front-loaded primary calendar that means candidates have to make a national impact even before the Iowa caucuses. No one, not even Gore, is closer to labor, thanks to the many battles Gephardt has fought for unions over trade issues. And the more the Dow sinks, the more broadly appealing his brand of feisty populism sounds...

Author: /time Magazine | Title: Dick Gephardt Wants to Win Back the House | 8/17/2002 | See Source »

...leaf readings. Gross domestic product grew at an annual rate of just 1% in the second quarter, down from a 5% clip in the first quarter. And the recovery in manufacturing appears to be slowing. Such worries helped erase part of the market's recent gains, as the Dow fell 230 points on Thursday and an additional 193 points on Friday...

Author: /time Magazine | Title: Sunken Treasure? | 8/12/2002 | See Source »

BASIC INDUSTRY This highly cyclical group includes Dow Chemical, aluminum producer Alcoa, rubber company Goodyear Tire and metal benders like Caterpillar--outfits that make what sells well in an economic recovery. Because their earnings are volatile, a better way to value such companies is by looking at sales, says John Manley, market strategist at Salomon Smith Barney. Over the past 30 years, he says, this group has traded at a 10% discount to the price-to-sales ratio (price per share divided by sales per share) of the S&P 500. The discount today...

Author: /time Magazine | Title: Sunken Treasure? | 8/12/2002 | See Source »

...less risky investments, a growing number of name-brand companies are selling bonds to the general public via Wall Street brokerage houses and on-line discounters. (Previously they were available only to institutional investors.) Companies selling these teensy parcels of debt include Freddie Mac, United Parcel Service, IBM and Dow Chemical. Their biggest draw? They usually offer higher yields than Treasury bonds (between 4% and 7%), and some--like those issued by Boeing Capital--pay interest on a monthly basis. The biggest drawback? They're not backed by the government, and if you don't plan on holding them until...

Author: /time Magazine | Title: Bonds for the Rest of Us | 8/12/2002 | See Source »

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