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Belo Hopes to Build on Pockets of Strength
By Meredith Derby
07/25/2003 07:20 AM ET
The ad outlook is mixed for the third quarter, and some analysts were hoping for clearer guidance.

Equity Office Girds for Real Estate Renaissance By Christopher Edmonds
07/25/2003 07:20 AM EDT
The office-property REIT has been taking care of business as it awaits recovery in its markets.

Is Recovery on the Fall Lineup at Belo?
By Eric Gillin
07/24/2003 10:42 AM EDT
The TV and print media company won't see a "want ad" pickup in a jobless recovery.

No Recovery on Manpower's Radar
By Diane Hess
07/17/2003 02:14 PM EDT
The staffing firm scales back third-quarter guidance, citing weak labor markets.

Tiffany’s Blue Box Barometer Looks Bullish
By Eric Gillin
07/11/2003 07:10 AM EDT
The luxury jewelry retailer shows signs of strength. This bodes well for high-end consumer spending.

Smurfit’s Boxes May Hold Key to Recovery
By Eric Gillin
07/09/2003 07:21 AM EDT
The cardboard box maker is a great gauge of the prospects for U.S. manufacturing. What will earnings show?

TheStreet.com21: A New Index for the Economic Recovery
By Stephen Schurr
07/09/2003 07:20 AM EDT
Look at this diverse group of companies as a seismograph on second-half health (and stocks' prospects).


A.H. Belo ( BLC )
Bank of New York ( BK )
Best Buy ( BBY )
Caterpillar ( CAT )
Cisco ( CSCO )
Comerica ( CMA )
Continental Air ( CAL )
Devon Energy ( DVN )
Equity Office Properties ( EOP )
E*Trade ( ET )
Expeditors International ( EXPD )
General Electric ( GE )
Ingersoll-Rand ( IR )
Kohl's ( KSS )
Level 3 ( LVLT )
Manpower ( MAN )

(Click here for an introduction to the index.)



The following companies constitute TheStreet.com 21, an index designed to be a leading indicator of the economy in the second half of 2003 and beyond
Company Sector Reason for Inclusion
A.H. Belo (BLC) Media Dallas-based owner of large and small newspapers, TV stations and Internet sites. A good barometer for advertising outlook and media business.
Bank of New York (BK) Financial services Diversified bank serves as sector gauge. Also, its big securities-servicing business offers insight on market activity.
BestBuy (BBY) Discretionary consumer The proxy for big-ticket consumer electronics spending. A consumer-PC upgrade cycle would be felt here.
Caterpillar (CAT) Industrials Giant worldwide equipment supplier for agribusiness, construction, mining and more. Broad industrials and farming barometer.
Cisco (CSCO) Information technology The bellwether of technology.
Comerica (CMA) Financial services Midwestern bank with a big commercial-lending business. A leading indicator of regional activity.
Continental Air (CAL) Airlines The new beacon for a battered group. Also, a gauge for consumer and business travel.
Devon Energy (DVN) Energy Acquisitive independent oil and gas producer is yardstick for energy. A read on natural gas -- prices and supply levels.
Equity Office Properties (EOP) Real estate Sam Zell's REIT offers glimpse of commercial real estate activity in major metropolitan areas.
E*Trade (ET) Financial services Online broker provides indication of individual investors' market activity.
Expeditors Int'l of Washington (EXPD) Transportation 'Freight forwarding' company gives reading of shipping activity, especially in the vital Pacific Rim.
General Electric (GE) Conglomerate A proxy for corporate America and the No. 1 S&P 500 component. As America goes, so goes GE -- and vice versa.
Ingersoll-Rand (IR) Materials Machinery and tool giant offers good way to judge the strength of a cyclical recovery.
Kohl's (KSS) Retailer The proxy for the consumer. Can high-growth retailer keep growing?
Level 3 (LVLT) Telco A barometer for the depressed, heavily leveraged telecom sector.
Manpower (MAN) Services Employment gauge. Outlook for staffing firms hinges on economy's recovery.
Maytag (MYG) Appliances No. 3 home-appliance maker offers gauge on big-ticket-item consumer spending and corporate efforts to turn around messy, debt-laden balance sheet.
Smurfit Stone Container (SSCC) Materials Container-board and box maker signals economic activity. If businesses and consumers are buying stuff, Smurfit will have to box it.
Solectron (SLR) Information technology A tech-outsourcing company that gets business from IBM, Cisco and other tech titans. Solectron is leveraged to tech recovery and will provide early indicator on capex spending.
Tiffany (TIF) Luxury-goods retailer The proxy for the rich consumer and the trickle-down effect of the big dividend-tax cut.
Yahoo! (YHOO) Information technology A representative of the Internet's frothy Big Three. Also, a gauge on e-commerce and Net advertising.

What do you think about TheStreet.com 21 index? Email us at twocents@thestreet.com
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