futures were trading near fair value this morning.
ended the year down 72.86 to close at 10,048.58.
For more markets action and news, click
T:NYSE) the green light for its acquisition of cable company
Federal Communications Commission
has yet to sign off on the deal.
BA:NYSE) announced that it has delivered a company-record 550 commercial jets this year to meet its 1998 goal.
Federal Trade Commission
BP:NYSE ADR) purchase of
AN:NYSE). But FTC boss
said that it would be dangerous for the oil industry to consolidate any further.
CBS:NYSE) is selling its 50% stake in the
CBS Eye on People
cable network to partner
joined a second whistleblower suit charging
COL:NYSE) with attempting to defraud government healthcare programs.
Real estate investment trust
Hospitality Properties Trust
HPT:NYSE) said that it will buy 17 hotels from
MAR:NYSE) for $201.7 million.
For more news on companies and stocks, click
Ministers from 11
nations met today in Brussels to decide the rates at which their currencies will be converted into euros.
State spending on public works helped China's economy grow by 7.8% in 1998, down by 1% from 1997's pace.
BAC:NYSE) officially declared Russia to be in default for missing a $363 million payment on $26 billion in loans owed to a group of about 600 Western commercial creditors. Meanwhile, government figures measured Russian inflation at 84% for 1998.
said it will pare back its loss-taking overseas operations in 1999 by cutting about 20% of its workforce in Europe and the Americas.
For more international news and commentary, click
New evidence in the antitrust trial against
MSFT:Nasdaq) reveals that
INTU:Nasdaq) founder Scott Cook told his board of directors in 1994 to fear Microsoft's response if its takeover bid were rejected.
Quickturn Design Systems
QKTN:Nasdaq) rejected software maker
MENT:Nasdaq) new takeover offer.
Telecom service provider
RCNC:Nasdaq) will combine its four Internet service provider businesses into a single entity branded
For more tech news and commentary, click
Despite recent conflagrations, the
said that it is reducing the U.S. military presence in the Persian Gulf.
is evacuating staff from Huambo, Angola, in the wake of a rebel attack that wounded 20 civilians.
King Norodom Sihanouk
yesterday refused amnesty for two Khmer Rouge leaders after Prime Minister
said he would not try them for crimes against humanity.
A county grand jury said yesterday that it found no evidence of conspiracy in the Oklahoma City bombing.
, creator of the comic strip character Barbarella, has died at the age of 68.
The union for
National Basketball Association
players is preparing its final offer to the team owners' negotiating committee.