Word: dows
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Dates: during 1990-1999
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WASHINGTON: It was "irrational exuberance" all over again Wednesday morning as the Fed chairman browbeat the House Budget Committee and sent the Dow into a 100-point tailspin by eleven o'clock...
Alan Greenspan proves he can still send the Dow spinning down (TIME Daily...
Weill knew he had really arrived last March when the stock of Travelers, which has risen in value some tenfold over the past decade, became part of the blue-chip 30-stock Dow Jones industrial average. Yet he figured he still lacked global reach. "The real growth opportunities in the financial business are going to come from the privatization of government-owned companies around the world and in emerging markets," Weill says. "Salomon gives us the platform to participate in that...
Many were convinced even before Disney's change of heart. The number of companies with direct-purchase programs has doubled in the past 12 months, to 330. Eleven of the 30 companies in the Dow Jones industrial average have such programs. "Look for 20 Dow stocks to have them by the end of next year," says Charles Carlson, editor of DRIP Investor, a newsletter based in Hammond, Ind., that reports on direct-purchase and dividend-reinvestment programs. Just because a company offers stock for direct purchase doesn't make it a great investment. But it's a nice edge...
With good news all around, Wall Street didn't even tremble in anticipating what Greenspan's boys would do; minutes before the announcement, the Dow was up eight points, and barely quivvered afterwards...