After a wild ride, U.S. stocks ended pretty much where they began Monday, with blue-chips giving back big, early gains and tech stocks trading modestly higher.
Dow Jones Industrial Average
gained 2.84 to 9184.27, while the
Nasdaq Composite Index
gained 15.36 to 2208.05. The
lost 1.13 to 1228.10, and the
dropped a scant 0.70 to 421.26.
TheStreet.com Internet Sector
index gained 6.84 to 413.26.
European bourses surged on the first day of worldwide
overcame a slow start to close higher.
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Audio Book Club
KLB:AMEX) announced its acquisition of
Columbia House Audiobook Club
BEL:NYSE) has confirmed that it is in talks to buy
ATI:NYSE), its partner in joint venture
PrimeCo Personal Communications
DCX:NYSE) is delaying the consolidation of its two financial services arms,
, without setting a new target date.
MCT:NYSE) said Monday that it will start shipping anti-arthritis drug
within 10 days.
EGRP:Nasdaq) announced that it will split its stock 2-for-1 at the end of the month.
Objections from the
Federal Trade Commission
Imperial Chemical Industries'
ICI:NYSE ADR) plan to sell its
PennCorp Financial Group
PFG:NYSE) announced the sale of its "career sales" division and subsidiary
as part of its continuing effort to slim down operations.
Pool Energy Services
PESC:Nasdaq) said it is once again in merger talks with
NBR:AMEX), whose previous takeover offer Pool rejected last October.
WAG:NYSE) reported record sales and profits for its fiscal first quarter Monday.
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International trading of the
has began worldwide Monday.
chairman Bernhard Walter said the company is still looking to acquire a U.S. bank and plans to list on the
New York Stock Exchange
German media company
has restructured into three holding companies, thus splitting its broadcasting, investment and pay-TV operations.
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INTC:Nasdaq) has introduced two new Celeron chips running at 366 and 400 megahertz.
MSFT:Nasdaq) is reportedly set to bid for two cable television franchises owned by
Internet software company
SPYG:Nasdaq) said it expects a fiscal first quarter loss in connection with delays in licensing revenue recognition.
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U.S. manufacturing activity declined for the seventh straight month in December, according to the
National Association of Purchasing Management
In a spirited speech to his Cabinet on Sunday,
said that Iraq will continue to regard U.S. and U.K. patrolling of the no-fly zones as a violation of Iraqi airspace.
The U.S. Embassy in Tel Aviv reopened Monday after closing last week in response to terrorist threats.
The final issue of
The Chattanooga Times
hit newsstands today. The paper's merger with crosstown rival
Chattanooga Free Press
leaves only 52 U.S. cities with more than one daily newspaper.