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Blue Chips

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BUSINESS
August 26, 1997 | Daily News Wire Services
Blue-chip stocks ended lower yesterday in a mini-replay of Friday's volatility, as the market raced from the plus to the minus column. The Dow Jones industrial average ended down 28.34 points at 7,859.57 after giving back an early rally of nearly 60 points. But in the broader market, advancing issues led declines 1,579 to 1,205 on light volume of 388 million shares on the New York Stock Exchange. The Dow had been up 56 points at its peak but gave way to late-day profit-taking, sapped by a soft bond market.
BUSINESS
January 7, 1997 | FROM INQUIRER WIRE SERVICES
The Dow Jones industrial average racked up its first record close of the new year yesterday, building on the momentum that produced 44 record finishes in 1996. The Dow rose 23.09 points to close at 6,567.18, surpassing the record of 6,560.91 set on Dec. 27. In the broader market, advancing issues led decliners 1,396 to 1,110 on active volume of 527 million shares on the New York Stock Exchange. The Nasdaq index also set a record, rising 5.72 points to 1,316.40. Despite the records for the major stock indices, Wall Street's overall performance was mixed, with broad indicators exhibiting little of the momentum shown by blue chips.
ENTERTAINMENT
February 17, 1994 | Byt Desmond Ryan, INQUIRER MOVIE CRITIC
Shaquille O'Neal learned how to handle a full-court press back in college, and he's used to dealing with sports reporters in the locker room after games. But here he was, postgame at Madison Square Garden, facing a crowd of movie critics. People who use words like nuance with a straight face and think a double zone is somewhere you're not allowed to park. Shaq was clearly enjoying himself in the presence of this critical mass, gathered to discuss his big-screen debut in Blue Chips.
BUSINESS
April 29, 1997 | The Philadelphia Inquirer
Blue chips ended a three-session slump on Wall Street, but the broad market struggled yesterday. Boeing took a sharp drop on disappointing profits.
BUSINESS
September 20, 1995 | The Philadelphia Inquirer
The broad stock market indexes ignored warnings about disappointing corporate earnings and finished mostly higher. The blue chips fell, though. Bond prices were higher.
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ARTICLES BY DATE
NEWS
December 6, 2012 | ASSOCIATED PRESS
Q: How often should I review my stock holdings? - H.R., Adrian, Mich. A: Ideally, follow the companies frequently - perhaps every three months, when quarterly reports are issued. At that time, read through the report (the annual report is long, but quarterly reports are much briefer) and through past news releases, which you can usually find at company websites. With big, established, long-term holdings, you can get away with checking in less often. Younger, smaller outfits, such as shoemaker Crocs, are likely to fluctuate much more than blue chips, such as General Electric.
BUSINESS
February 24, 2012 | By Brian Womack and Lee Spears, Bloomberg News
Facebook Inc. is already trading like a public company as insiders and wealthy investors use private marketplaces to buy and sell stock in the social- networking company ahead of its initial offering. The shareholder base has grown to more than 1,000, compared with the 50 to 100 investors most companies have when they go public, according to an estimate by Sam Hamadeh, head of the research firm PrivCo. Private purchases pushed Facebook's valuation past $100 billion this month, possibly limiting immediate gains for IPO investors, given that Facebook may seek a $75 billion to $100 billion value.
SPORTS
February 2, 2012
Spotlight on: Lenape senior Brianna Wylie There's a reason that the Lenape girls' basketball team never seems to be out of a game, a reason that the Indians have developed a penchant for winning close games against strong teams. That reason is Brianna Wylie. Wylie, a 5-foot-9 senior forward, led Lenape (12-2) to two close, quality wins in its last two games, against Bishop Eustace and Holy Cross. She netted 21 points in Saturday's 57-52 win over then-fourth-ranked Holy Cross and scored 24 Tuesday night in a 59-52 win over Bishop Eustace.
BUSINESS
April 22, 2011 | By Matthew Craft and David K. Randall, Associated Press
NEW YORK - Strong earnings reports from big companies including Apple Inc. and UnitedHealth Group Inc. lifted stocks across the market Thursday. The Dow Jones industrial average closed at another 2011 high. The 30-company index rose 52.45 points, or 0.4 percent, to 12,505.99. "There are a lot of concerns out there, but investors are looking at the bottom line right now, and that's earnings," said Yu-Dee Chang, the chief trader at ACE Investment Strategists, a money management firm in Virginia.
BUSINESS
December 30, 2006 | FROM INQUIRER WIRE SERVICES
Despite a small loss yesterday, the stock market this year scored its best gains since 2003 - with blue chips the biggest winners. All three major indexes posted solid increases for the year, with the Dow Jones industrial average of 30 of the nation's largest companies up the most: 16.3 percent. It crossed the 12,000 mark for the first time. The overall market rose more than Wall Street strategists had predicted in 2006 after the Federal Reserve halted two years of interest-rate increases in August and energy prices fell 22 percent from a July record.
BUSINESS
October 4, 2006 | By Benjamin Y. Lowe INQUIRER STAFF WRITER
Blue-chip stocks swept up in the high-tech revelry of the late 1990s have officially recovered from their hangover. The Dow Jones industrial average, made groggy by a recession, terrorism, war, and a major port city underwater, reached a record high yesterday - more than six years after its last record high - closing at 11,727.34. Analysts said the new mark, which eclipsed a close of 11,722.98 on Jan. 14, 2000, was a sign that the U.S. economy continued to expand despite higher interest rates, a slowing housing market, and volatile energy prices.
SPORTS
February 1, 2006 | By Jeff McLane INQUIRER STAFF WRITER
Like Sherman through Georgia, Joe Paterno's march through Maryland and the state's recruitment wars has been swift and all-encompassing. The 78-year-old Penn State coaching legend, working with a head of steam off a Big Ten championship and a 12-1 record, has seized seven of the top 11 prospects in that state. Paterno's work in Maryland headlines what many recruiting services are calling the Lions' best class in years. As of yesterday, rivals.com had Penn State ranked fourth in the national rankings and scout.
SPORTS
December 2, 2005 | By Rob Parent INQUIRER STAFF WRITER
They can shoot for the stars because they can shoot the lights out. Or dunk a ball with gusto. Or pass it with precision, handle it with care and strip it with style. Of course, such fashionable basketball skills were always in vogue in Philadelphia. But it seems as if the number of high school players from this area regarded as top-choice material on the national recruiting scene is on the rise. From Coatesville (Amber White) to Chester (Darrin Govens), Prep Charter (Rodney Green)
SPORTS
July 13, 2005 | By Jeff McLane INQUIRER STAFF WRITER
Tom McEowen, a 6-foot-4, 280-pound defensive tackle headed for his senior season at Neshaminy High, orally committed to Penn State Monday night. Ranked as the second-best defensive lineman in the state by scout.com, McEowen narrowed his choices down to the Nittany Lions and Florida two weeks ago and had planned to travel to Gainesville, Fla., on July 22. "I thought, 'What's the point of me going all the way down there and spending all that money when I wasn't going to change my mind?
SPORTS
July 9, 2005 | By Jeff McLane INQUIRER STAFF WRITER
In a rare position to make a splash with his college decision, Pat Devlin decided to announce his choice his way. He said nothing. The highly touted quarterback from Downingtown East High didn't hold a news conference, as is popular these days with high-profile recruits. He didn't mug for cameras as he placed a hat on his head from the school he chose. The senior-to-be simply called the coach - Larry Coker of the University of Miami - and said: "I'd like to accept your offer, if it is still available.
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