Printer Friendly
The Free Library
14,800,756 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Market diary.


The week ending Oct. 4 was a good one for the markets, which saw the Dow Jones Industrial Average Dow Jones Industrial Average

The best known U.S. index of stocks. A price-weighted average of 30 actively traded blue-chip stocks, primarily industrials including stocks that trade on the New York Stock Exchange.
 for the first time in nearly six years close at a record high on Oct. 3 and Oct. 4, reaching 11850.60, up 1.4 percent for the week and 10.6 percent for the year. The Nasdaq posted a gain of 1.2 percent, closing at 2290.95, while the S&P 500 closed up 1 percent at 1350.22. The LABJ LABJ Los Angeles Business Journal  200 was the laggard for the week, closing up a mere 0.4 percent at 134.84. Among local stocks, advances outpaced declines 102 to 84. There were 13 new highs--including Summa Industries, Trio Tech International, and DirecTV Group Inc.--against only four new lows, including Universal Detection Technology. Energy/utilities, software and automotive/plastics/metals were the sectors posting the biggest percentage gains for the week, while computers/peripherals/electronics were the biggest percentage losing sectors. Among individual companies, shares of Wesco Financial jumped 13.2 percent to a 52-week high of $456 as the rental and leasing services industry reacted to news of a consortium buying out competitor GATX GATX General American Transportation Corporation  Air for $1.46 billion. WPT WPT World Poker Tour
WPT Waypoint
WPT Wisconsin Public Television
WPT Watson Poker Tour
WPT Wonderlic Personnel Test
WPT Wavelet Packet Transform
WPT Wireless Power Transmission
WPT Windfall Profit
WPT Wireless Personal Terminal
WPT Word Processing Technician
 Holding Inc., promoter of the World Poker Tour For the PBS network with the same abbreviation, see .

The World Poker Tour (Abbreviated WPT) is a series of international poker tournaments featuring most of the world's professional players.
, fell 11 percent to $3.51 following the passage of Congressional legislation that outlawed Internet gambling. The company operates an online gaming site that already prohibits U.S. gamblers.
COPYRIGHT 2006 CBJ, L.P.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Title Annotation:THE LABJ INDEX: TRACKING 200 SELECTED LOS ANGELES COUNTY-BASED COMPANIES
Publication:Los Angeles Business Journal
Article Type:Brief article
Geographic Code:1U9CA
Date:Oct 9, 2006
Words:236
Previous Article:Econowatch L.A. County.(Los Angeles County)(Statistical table)
Next Article:Market indexes.(THE LABJ INDEX: TRACKING 200 SELECTED LOS ANGELES COUNTY-BASED COMPANIES)(Statistical table)(Brief article)
Topics:



Related Articles
THE LABJ STOCK INDEX.(Dick Clark Productions Inc., Gemstar International Group Ltd. stock market performance)
THE LABJ STOCK INDEX.(Brief Article)
Market diary.(THE LABJ STOCK INDEX: TRACKING 200 SELECTED LOS ANGELES COUNTY-BASED COMPANIES)
Market diary.(THE LABJ STOCK INDEX: TRACKING 200 SELECTED LOS ANGELES COUNTY-BASED COMPANIES)
Market diary.(THE LABJ STOCK INDEX: TRACKING 200 SELECTED LOS ANGELES COUNTY-BASED COMPANIES)
Market diary.(THE LABJ STOCK INDEX: TRACKING 200 SELECTED LOS ANGELES COUNTY-BASED COMPANIES)
Market diary.(THE LABJ STOCK INDEX: TRACKING 200 SELECTED LOS ANGELES COUNTY-BASED COMPANIES)
Market diary.(THE LABJ STOCK INDEX: TRACKING 200 SELECTED LOS ANGELES COUNTY-BASED COMPANIES)
Market diary.(THE LABJ STOCK INDEX: TRACKING 200 SELECTED LOS ANGELES COUNTY-BASED COMPANIES)
Market diary.(THE LABJ STOCK INDEX: TRACKING 200 SELECTED LOS ANGELES COUNTY-BASED COMPANIES)

Terms of use | Copyright © 2010 Farlex, Inc. | Feedback | For webmasters | Submit articles