Stock Watch

Posted: 02/2001 Stock Watch Markets Shed Buoyancy Stocks tanked on the last day of our trading session (Dec. 15), as software giant Microsoft Corp. ( caused some jitters with an earnings warning. A report from the U.S. Department of Labor ( indicated inflationary tendencies, which stoked fears that the late December Federal Reserve’s Open Market […]

Stock Watch

Posted: 01/2001 Stock Watch Fed’s Tightening Bias Worries Market The Federal Reserve’s Open Market Committee ( met the last day of our trading session (Nov. 15) and decided not to raise interest rates–a move widely expected by Wall Street. However, investors were hoping the Fed might change its bias, signaling that the slowing economy has […]

Stock Watch

Posted: 12/2000 Stock Watch High Wholesale Prices Spark Inflation Fears Rising wholesale prices in September, boosted by high energy costs and continuing consumer demand, sent inflation fears spiraling, further fueling fears of interest rate hikes when the Federal Reserve meets again. The Labor Department’s Producer Price Index (PPI) rose 0.9 percent, after falling 0.2 percent […]

Stock Watch

Posted: 11/2000 Stock Watch Stocks Hammered by High Energy Costs The U.S. market dropped at the end of our trading session (Sept. 15), clobbered by worries that sharply higher oil prices will eat into corporate profits. Europe’s weak single currency, the euro, added to concern about the future course of earnings. "You are going to […]

Stock Watch

Posted: 10/2000 Stock Watch Techs Flounder as Blue Chips Jump Investors pulled their dollars from tech stocks in August and headed for the blue chip sector, putting more value into the slower growth but sturdier structure of traditional stocks. Government economic figures released at the end of our trading session (August 15) produced inconclusive data […]

Storm Watch

Posted: 07/2000 Storm Watch Prepayment Puts Unlikely Users into the Path of Internet Fury By Tara Seals There are 150 million Internet users worldwide–a number that is expected to double by the end of the year. While the Internet’s cyclonic momentum appears to be sweeping up everyone in its path, it is missing patches of […]

Stock Watch – Investors Take Breather

Posted: 07/2000 Investors Take Breather Light volume characterized the market at the end of our session as investors waited on the sidelines until after the Federal Reserve’s policy meeting, with techs and other stocks battered despite some positive earnings reports. But stocks rebounded on the last day of our session (May 15) with Wall Street […]

Stock Watch – Market Battered on High Inflation Numbers

Posted: 06/2000 Market Battered on High Inflation Numbers Cash flew out of Wall Street at the end of our trading session after the government’s Consumer Price Index’s core rate jumped by 0.4 percent, double what economists had expected. It also was the largest gain in five years. Three major indices registered their largest one-day point […]

Stock Watch – Market Reverses After Tech Stocks Are Clobbered

Posted: 05/2000 Market Reverses After Tech Stocks Are Clobbered In a sudden reversal of fortunes, investors flocked to “old money” stocks and disdained “new money” ventures that have been Wall Street’s darlings for much of the new millennium. “There is a flight to quality,” explains Charles Payne, head analyst at Wall Street Strategies ( Nasdaq […]

Agency Channel: Agents Need to Seek, Sell the Best, Brightest

Posted: 05/2000 Agents Need to Seek, Sell the Best, Brightest By Kathy Katcher In my business, I need to ask every day whether the telecommunications products we showcase are the best and the brightest in our industry.Obviously, if they’re not, no one will want to sell them. Agent managers won’t be able to market them. […]

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