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Goodyear union workers go on strike

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10A | LAREDO MORNING TIMES

BUSINESS FRIDAY, OCTOBER 6, 2006









THE MARKET IN REVIEW

STOCK EXCHANGE HIGHLIGHTS DAILY DOW JONES STOCK MARKET INDEXES

52-Week YTD 12-mo





u NYSE

8,570.48 +31.81 u AMEX

1,888.64 +13.44 u NASDAQ

2,306.34 +15.39

Oct. 5, 2006 12,000 High

11,851.25

5,013.67

443.49

Low

10,156.46

3,550.55

378.95

Name

Dow Industrials

Dow Transportation

Dow Utilities

Last

11,866.69

4,630.50

432.69

Chg

+16.08

+60.72

-.26

%Chg

+.14

+1.33

-.06

%Chg

+10.72

+10.35

+6.81

%Chg

+15.36

+26.86

+5.88

GAINERS ($2 OR MORE) GAINERS ($2 OR MORE) GAINERS ($2 OR MORE) 11,500 8,651.74 7,211.14 NYSE Composite 8,570.48 +31.81 +.37 +10.53 +15.82

2,046.65 1,555.08 Amex Market Value 1,888.64 +13.44 +.72 +7.37 +14.35

Name Last Chg %Chg Name Last Chg %Chg Name Last Chg %Chg 2,375.54 2,012.78 Nasdaq Composite 2,306.34 +15.39 +.67 +4.58 +10.66

BrMSq pf 400.00 +82.00 +25.8 HemoSense 3.95 +1.05 +36.3 Dynavax 7.70 +2.74 +55.2 1,350.22 1,168.20 S&P 500 1,353.22 +3.00 +.22 +8.41 +13.57

FleetEn 7.74 +.79 +11.4 SvcAcq wt 3.63 +.39 +12.0 AcordaTh n 13.57 +3.07 +29.2

11,000 818.87 665.23 S&P MidCap 768.95 +8.94 +1.18 +4.19 +11.47

784.62 614.76 Russell 2000 743.08 +9.61 +1.31 +10.38 +16.21

Spirent 4.27 +.39

ComScop 33.22 +2.65

+10.1

+8.7

Team

LaBarg

27.66

11.90

+2.76

+1.10

+11.1

+10.2

PeopEduc

DobsonCm

4.80

8.04

+.81

+1.30

+20.3

+19.3

+16.08 13,474.56 11,630.20 Wilshire 5000 13,535.05 +60.49 +.45 +8.13 +13.70

USSteel 60.63 +4.68 +8.4 Richmnt g 2.42 +.22 +10.0 HelenTroy 21.47 +3.46 +19.2 10,500

ArenaRes 32.88 +2.50 +8.2 NDynMn g 6.24 +.55 +9.7 NstarNeu n 16.19 +2.07 +14.7

CorrctCp s 47.08 +3.51 +8.1 BoltTech 13.75 +1.20 +9.6 PressurBio 4.30 +.55 +14.7 11,866.69 JUL AUG

SEP OCT MONEY RATES CURRENCIES

InvTech 48.50 +3.57 +7.9 TrioTch 11.85 +1.00 +9.2 NeoMagic 3.80 +.47 +14.1

GoodrPet 28.30 +2.05 +7.8 EndvrInt 2.58 +.21 +8.9 Lightbrdg 13.03 +1.57 +13.7 Pct. change High Low

Record high close: 11,866.69 Last Pvs Week Last Pvs Day

AK Steel 12.95 +.92 +7.6 Akorn 3.89 +.29 +8.1 Amerisfe n 10.86 +1.27 +13.2 Prime Rate 8.25 8.25 Australia 1.3421 1.3426

from previous: +0.14 11,870.06 11,821.23 Oct. 5, 2006 Discount Rate 6.25 6.25 Britain 1.8786 1.8864

Federal Funds Rate 5.25 5.3125 Canada 1.1256 1.1263

LOSERS ($2 OR MORE) LOSERS ($2 OR MORE) LOSERS ($2 OR MORE) Treasuries Euro .7880 .7866

Name Last Chg %Chg Name Last Chg %Chg Name Last Chg %Chg

ParTech s 7.39 -1.72 -18.9 Cognitrn 2.16 -.19 -8.3 Ikanos 7.76 -3.18 -29.1

STOCKS OF LOCAL INTEREST 3-month

6-month

4.83

4.83

4.76

4.82

Japan 117.61 117.89

Mexico 11.0265 11.0338

Intermec 22.50 -3.81 -14.5 AMDL hrs 2.45 -.17 -6.5 AbleEnr 2.53 -.84 -24.9 YTD YTD 5-year 4.54 4.57

NY&Co 13.04 -1.23 -8.6 TriValley 6.89 -.41 -5.6 Tweeter 3.90 -1.02 -20.7 Switzerlnd 1.2519 1.2484

Name Ex Div Yld PE Last Chg %Chg Name Ex Div Yld PE Last Chg %Chg 10-year 4.61 4.61

Dillards 31.15 -2.48 -7.4 MidsthBcp 31.61 -1.84 -5.5 HotTopic 10.33 -1.44 -12.2 30-year 4.76 4.76 British pound expressed in U.S. dollars. All others show

BallyTotF 2.32 -.18 -7.2 CitiVLO08 n 7.38 -.37 -4.8 FrntrAir 7.84 -1.02 -11.5 AT&T Inc NY 1.33 4.2 19 31.93 -.45 +30.4 Lubys NY ... ... 29 10.67 +.08 -19.8 dollar in foreign currency.

Haverty 15.86 -1.12 -6.6 BodisenBio 9.21 -.39 -4.1 Cyclacel n 4.90 -.59 -10.7 AEP NY 1.48 4.0 19 37.26 -.10 +.5 Lucent NY ... ... 18 2.36 ... -11.3

Caterpillar NY 1.20 1.8 14 68.24 +2.70 +18.1 McDnlds NY 1.00 2.5 18 39.80 -.20 +18.0

MolsCoorsB 64.59 -4.51 -6.5

HavertyA 15.79 -1.02 -6.1

OdysMar

IntriCon

2.55 -.10 -3.8

4.89 -.18 -3.6

Goldleaf rs

InsWeb

5.50

2.03

-.65

-.23

-10.6

-10.1 Cisco Nasd ... ... 27 23.90 -.03 +39.6 MexicoFd NY 2.91 1.8 ... 35.26 +.39 +24.2

MUTUAL FUNDS

MaterialSci 9.30 -.60 -6.1 ManSang 4.20 -.15 -3.4 ChinaTDv lf 5.35 -.55 -9.3 CCFemsa NY .34 1.1 ... 31.60 +.38 +17.0 Microsoft Nasd .40 1.4 23 27.92 -.02 +6.8 Total Assets Total Return/Rank Pct Min Init

Safeway 28.18 -1.38 -4.7 HMG 12.80 -.40 -3.0 NitroMed 2.81 -.24 -7.9 CmtyHlt NY ... ... 18 37.15 +.39 -3.1 Modine NY .70 2.9 98 24.45 +.17 -25.0 Name Obj ($Mlns) NAV 4-wk 12-mo 5-year Load Invt

ConocPhil NY 1.44 2.5 5 57.88 +1.10 -.5 Nasd100Tr Nasd .16 .4 ... 41.50 +.20 +2.7 AllianceBern A: GlbTchA p TK 919 61.91 +7.8 +9.5/B +13.2/D 4.25 2,500

MOST ACTIVE ($1 OR MORE) MOST ACTIVE ($1 OR MORE) MOST ACTIVE ($1 OR MORE) Dell Inc lf Nasd ... ... 19 23.29 +.15 -22.2 Penney NY .72 1.0 15 70.42 -1.44 +26.7 Eaton Vance Cl A: HlthSA p HB 1,278 11.45 +4.9 +4.9/D +21.4/C 5.75 1,000

Dillards NY .16 .5 14 31.15 -2.48 +25.5 QwestCm NY ... ... ... 8.42 -.28 +49.0

Name Vol (00) Last Chg Name Vol (00) Last Chg Name Vol (00) Last Chg Fidelity Selects: Biotch HB 1,456 63.05 +6.3 +8.3/B +11.7/D NL 2,500

EmpIca rs NY ... ... ... 45.05 +.34 +54.0 RadioShk NY .25 1.2 17 20.40 +.70 -3.0

McDnlds 760739 39.80 -.20 SPDR 542890 135.18 +.26 SunMicro1020134 5.02 +.01 ExxonMbl NY 1.28 1.9 11 67.32 +.71 +19.9 Schlmb s NY .50 .8 26 59.90 +.80 +23.3 Fidelity Selects: Brokr SE 907 77.30 +10.5 +30.5/C +130.9/C NL 2,500

Lucent 606281 2.36 ... iShRs2000462394 73.88 +.93 Nasd100Tr866993 41.50 +.20 FedrDS s NY .51 1.2 17 43.67 +.07 +31.7 SearsHldgs Nasd ... ... 21 163.44 -.17 +41.5 Fidelity Selects: Comp TK 451 36.58 +5.7 +6.1/D +20.1/C NL 2,500

QwestCm 495817 8.42 -.28 SP Engy 307963 52.64 +.99 Microsoft 778359 27.92 -.02 FordM NY .25 ... ... 8.33 -.23 +7.9 SonyCp NY .22 .6 ... 38.37 -.45 -6.0

SprintNex 476031 17.86 +.51 OilSvHT 148949 125.65 +3.05 Intel 499619 20.78 -.04 Fidelity Selects: DvCm TK 391 20.60 +7.9 +7.2/C +12.4/D NL 2,500

CVS Cp 304754 30.93 -1.22 SemiHTr 118378 34.19 -.26 Cisco 494022 23.90 -.03 GenElec NY 1.00 2.8 22 36.29 +.19 +3.5 SPDR Amex 2.33 1.7 ... 135.18 +.26 +8.6 Fidelity Selects: Electr TK 2,280 42.15 +2.1 +1.6/E +13.7/D NL 2,500

Pfizer 275775 27.99 -.34 SP Fncl 85964 35.28 -.02 Oracle 436177 18.26 +.09 GnMotr NY 1.00 3.0 ... 33.13 -.19 +70.6 SunMicro Nasd ... ... ... 5.02 +.01 +19.8

Fidelity Selects: FinSv SE 483 124.36 +6.5 +22.0/D +67.3/D NL 2,500

FordM 260351 8.33 -.23 iShEmMkt 75515 99.15 +1.30 Starbucks s296568 38.69 +2.73 HewlettP NY .32 .8 24 37.84 -.18 +32.2 TelMexL NY .71 2.7 ... 25.97 +.34 +5.2

HomeDp NY .60 1.6 13 37.26 -.23 -8.0 UnionPac NY 1.20 1.3 18 89.93 +.39 +11.7 Fidelity Selects: HomF SE 266 54.17 +5.3 +16.8/E +55.8/E NL 2,500

WalMart 239776 48.41 -1.14 DJIA Diam 67874 118.62 +.23 Dell Inc lf 258423 23.29 +.15

GenElec 238962 36.29 +.19 iSh EAFE 61484 68.73 +.04 Level3 249840 5.16 +.23 Intel Nasd .40 1.9 19 20.78 -.04 -16.7 USSteel NY .60 1.0 9 60.63 +4.68 +26.1 Fidelity Selects: Softwr TK 596 61.31 +6.6 +21.0/A +69.1/A NL 2,500

MicronT 238610 17.54 -.54 RetailHT 51646 98.60 -.77 ApldMatl 246504 18.08 -.01 IntlBcsh Nasd .70 2.3 15 30.19 +.47 +2.8 UnvHlth NY .32 .5 26 59.78 +.58 +27.9 Fidelity Selects: Tech TK 1,660 63.97 +5.0 +6.7/C +30.5/C NL 2,500

IBM NY 1.20 1.4 16 82.92 -.18 +.9 WalMart NY .67 1.4 19 48.41 -1.14 +3.4 Price Funds: SciTec TK 2,724 19.66 +6.4 +3.8/D +13.6/D NL 2,500

DIARY DIARY DIARY Lowes s NY .20 .7 15 30.05 +.09 -9.8 WellsFgo s NY 1.12 3.1 15 36.51 -.12 +16.2 Seligman Group: ComunA t TK 2,343 31.07 +7.1 +17.6/A +51.3/A 4.75 2,500

Advanced 2,209 Advanced 654 Advanced 2,053 Stock Footnotes: g = Dividends and earnings in Canadian dollars. h = Does not meet continued-listing standards. lf Van Kamp Funds A: StrGrwth LG 2,733 40.90 +5.2 +3.2/E +3.2/E 5.75 0

Declined 1,063 Declined 323 Declined 940 = Late filing with SEC. n = New in past 52 weeks. pf = Preferred. rs = Stock has undergone a reverse stock split of at Vanguard Fds: HlthCre HB 16,625 150.87 +3.2 +15.4/A +59.5/A NL 25,000

Unchanged 160 Unchanged 105 Unchanged 172 least 50 percent within the past year. rt = Right to buy security at a specified price. s = Stock has split by at least 20

Total issues 3,432 Total issues 1,082 Total issues 3,165 percent within the last year. un = Units. vj = In bankruptcy or receivership. wd = When distributed. wi = When issued. Waddell & Reed Adv: ScTechA TK 2,309 11.80 +5.6 +13.7/B +57.8/A 5.75 500

New Highs 275 New Highs 111 New Highs 139 wt = Warrants. Mutual Fund Footnotes: x = Ex cash dividend. NL = No up-front sales charge. p = Fund assets used BL -Balanced, GL -Global Stock, IL -International Stock, LC -Large-Cap Core, LG -Large-Cap Growth, LV -Large-Cap Val., MT -Mortgage,

New Lows 8 New Lows 19 New Lows 40 to pay distribution costs. r = Redemption fee or contingent deferred sales load may apply. t = Both p and r. Gainers SB -Short-Term Bond, SP -S&P 500, SS -Single-State Muni, XC -Multi-Cap Core, XG -Multi-Cap Growth, XV -Multi-Cap Val.Total Return:

Volume 2,734,418,150 Volume 323,894,803 Volume 1,951,687,885 and Losers must be worth at least $2 to be listed in tables at left. Most Actives must be worth at least $1. Volume in Chng in NAV with dividends reinvested. Rank: How fund performed vs. others with same objective: A is in top 20%, E in bottom 20%. Min

hundreds of shares. Source: The Associated Press. Sales figures are unofficial. Init Invt: Minimum $ needed to invest in fund. NA = Not avail. NE = Data in question. NS = Fund not in existence. Source: Lipper, Inc.









Retail sales drive Dow Goodyear union workers go on strike

to its third record close By THOMAS J. SHEERAN 15,000 employees at 12 Goodyear

ASSOCIATED PRESS plants in the United States and

By ELLEN SIMON where the longer term prospects four plants in Canada where its

ASSOCIATED PRESS for the market are looking more AKRON, Ohio — Workers at members have gone on strike. By

positive.” 16 Goodyear Tire & Rubber the company’s count, the U.S.

NEW YORK — Wall Street Stocks pulled back briefly af- plants in 10 states and Canada plants have about 12,600 em-

rose modestly Thursday, nudging ter Charles Plosser, the newly in- went on strike Thursday after the ployees represented by the Unit-

the Dow Jones industrial average stalled president of the Federal world’s third largest tire maker ed Steelworkers.

to its third straight record high Reserve Bank of Philadelphia, and the steelworkers union failed In Akron, where the 108-year-

close as investors welcomed up- signaled that further Fed interest to agree on a new labor contract. old company is based, workers at

beat retail sales and jobless rate hikes may be in the best in- The union said the company’s Goodyear’s research center

claims figures. terests of the economy’s long- latest proposal would have in- streamed out of the building at 1

The Dow closed at 11,866.69, term performance. cluded two plant closings. p.m. and joined union members

according to preliminary calcu- The Dow rose 16.08, or 0.14 “The company left us with no holding signs on the picket line.

lations, surpassing the record of percent. The blue chips have option,” said Ron Hoover, execu- About 20 pickets showed up

11,850.61 set Wednesday. The blue gained 196.34 over the past three tive vice president of the United outside Goodyear’s sprawling

chip index traded up to 11,870.06, sessions; on Tuesday, the index Steelworkers of America, which headquarters carrying placards

which stands as its trading high. shattered closing and trading represents the Goodyear work- that read “USW Local 2L on

Rising oil prices didn’t smoth- highs that had stood since Jan. ers. “We cannot allow additional strike against Goodyear Tire &

er investors’ good mood. 24, 2000, toward the end of the plant closures after the sacrifices Rubber for unfair labor prac-

“Considering the distance dot-com boom. we made three years ago to help tices.”

we’ve come over the last three Broader stock indicators were this company survive.” Within minutes, scores more

months and certainly the last also higher Thursday. The S&P The old contract expired July arrived to join the picket line.

three days, it’s interesting we 500 index rose 3.00, or 0.22 per- 22 and both sides agreed to an in- Goodyear office workers coming

could have a data point like oil’s cent, to 1,353.22, and the Nasdaq definite day-to-day extension. out at lunch time walked past the

climb and not have the market composite index rose 15.39, or The union issued a 72-hour no- pickets without stopping and mo-

backup much,” said Arthur 0.67 percent, to 2,306.34. tice on Monday and said they torists honked horns as they

Hogan, chief market analyst at Advancing issues led declin- would terminate the contract at passed.

Jefferies & Co. ers by roughly 2 to 1 on the New midday Thursday if an agree- One union member led a

“It’s certainly a scenario York Stock Exchange. ment wasn’t reached. chant, shouting, “What do you

The company said it was pre- want?”

pared to keep its plants open and “Contract,” the picketers

take care of its customers but did Photo by Julian Henderson/The Register & Bee | AP chanted.

not immediately say how it “When do you want it?” the

Rates on 30-year mortgages planned to do that.

Goodyear ranks No. 3 in the

Goodyear employees picket outside a Goodyear plant in Danville,Va., on Thursday.

More than 2,000 Danville workers are represented by the union. man asked.

“Now.”



hit lowest level since March world in tire sales, based on rev-

enues, behind top-ranked Bridge- whether the company’s offer in- tees for USW plants,” Markey

In St. Mary’s in western Ohio,

where more than 400 workers

stone and No. 2 Michelin, ac- volved plant closings. said. “The union rejected a com- make rubber for Goodyear, union

ASSOCIATED PRESS homeowners with adjustable rate cording to the trade publication “Our final offer to the union prehensive set of proposals that members stopped working after

mortgages who want to refinance Tire Business. included a plan to secure retiree mirror the other industry agree- getting a call from the bargaining

WASHINGTON — Rates on 30- to a fixed rate before their cur- Goodyear spokesman Ed medical benefits and provide job ments.” unit in Cincinnati shortly after 1

year mortgages edged down this rent mortgages reset to a higher Markey declined to comment on security and investment guaran- The union said it represents p.m.

week to a seven-month low. monthly payment.

Mortgage-giant Freddie Mac “Home refinancing rose 18

reported Thursday that 30-year, percent last week, accounting for

fixed-rate mortgages fell to 6.30 almost half of all mortgage appli-

percent, down slightly from 6.31 cations,” said Frank Nothaft, chief

percent last week. It put rates at economist at Freddie Mac.

the lowest level since they were at Rates on 15-year, fixed-rate

6.24 percent the first week of mortgages, a popular choice for

March. refinancing, averaged 5.98 per-

Rates have been headed lower cent last week, the same as the

for more than two months as fi- previous week. That is the lowest

nancial markets have become rate for this type of mortgage

convinced that a slowing econo- since March 23.

my will help ease inflation pres- Rates on one-year adjustable

sures and that will keep the Fed- rate mortgages dipped to 5.46 per-

eral Reserve from raising interest cent, down from 5.47 percent last

rates further. week.

The drop in mortgages has Rates on five-year adjustable-

spurred a rebound in mortgage rate mortgages were unchanged

applications, driven in part by at 6.00 percent.



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