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The Spokesman-Review Newspaper
Spokane, Washington  Est. May 19, 1883

The Ticker A Look Back At The Past Week On Wall Street

David Gunter Staff writer

What’s hot

Trading at the end of the holiday week put gifts in some of the most unexpected stockings.

South Korea’s battered financial markets bounced back after the Christmas Day announcement that the International Monetary Fund and Group of Seven industrialized nations would expedite $10 billion in loans as part of a record $57 billion bailout of that nation’s economy.

Fidelity Advisor Korea Fund was up 31 cents to end the week at $3.88.

Korean Investment Fund climbed 31 cents to $4.63.

On the Nasdaq, North Carolina-based United Federal Savings Bank was up $4, closing at $21 on news it had agreed to an acquisition by Raleigh, N.C.-based Triangle Bancorp in a stock deal valued at $72 million.

What’s Not

Weider Nutrition was down $1.25 Friday, dropping to $11.50 after Salomon Smith Barney lowered the company’s rating from “buy” to “outperform.” The Salt Lake City company manufactures and markets nutritional supplements under its own brand name and other private labels. Weider Nutrition had net sales of $53.5 million for the 3-month period ended Aug. 31.

, DataTimes