Word: dowe
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...there anybody out there investors can trust? Wall Street was pondering that today as markets were hammered following last night's announcement that WorldCom had inflated profits by a staggering $3.8 billion over the past five quarters. The Dow skidded towards the 9,000 level, while the news pushed the NASDAQ (on which WorldCom trades) to near post-Sept. 11th levels...
Despite the rally last Wednesday, the S&P 500 is down 8% for the year, the nasdaq has fallen 18%, and the Dow is down 1%. None of the major averages have dropped to their September low, though the nasdaq 100 (made up of the biggest stocks on that market, including Microsoft and Intel) is close. And already 1 in 8 stocks in the S&P 500 is below those September thresholds, including AOL Time Warner (which publishes TIME), Corning, EDS, Halliburton, IBM, Lilly, Merck and Verizon, reports Salomon Smith Barney...
...Despite the rally last Wednesday, the S&P 500 is down 8% for the year, the NASDAQ has fallen 18%, and the Dow is down 1%. None of the major averages have dropped to their September low, though the NASDAQ 100 (made up of the biggest stocks on that market, including Microsoft and Intel) is close. And already 1 in 8 stocks in the S&P 500 is below those September thresholds, including AOL Time Warner (which publishes TIME), Corning, EDS, Halliburton, IBM, Lilly, Merck and Verizon, reports Salomon Smith Barney...
...Dow Agrosciences' clinical trial of chlorpyrifos [an active ingredient in pesticides], to which you referred, was conducted in 1998 in a reputable clinical laboratory and in full compliance with all relevant U.S. and international laws, including prior review and approval by medical professionals. The volunteers (average age: 30) were fully informed; they freely agreed to take part in the tests and understood that they could end their participation at any time. Prior to conducting these trials, extensive animal research had shown that the doses to be used would not harm the participants. As expected, the trials did not result...
...been a chastened bettor, placing few bets and admitting its ignorance. Then Cisco announced after the bell Tuesday that the year in tech looked pretty good - and Wednesday the casino was jumping again with a furious rally that added 122 points to the NASDAQ and 305 points to the Dow, the biggest daily gains of 2002. Nobody even complained about Cisco's obvious conflict of interest as a company that stands to profit from a tech rebirth...