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

What’s hot

In the stock markets’ worst week in 8 years, not many issues were hot. AT&T shares did climb $2.63 Thursday to $62.58 on the New York Stock Exchange on reports that it will buy Teleport, a provider of local phone service in 28 states. AT&T shares dropped $1.81 in Friday’s fall, but still closed the week at $60.81. Shares of toolmaker Black and Decker rose $3.56 Wednesday to $41.88 (NYSE). Even with a $1.69 drop Friday, shares closed the week at $42. Stock of Minneapolis-based electronics chain Best Buy rose $3.88 Wednesday to $41.75 (NYSE) amid good sales reports. Best Buy shares dropped $1.50 Friday to close at $40.75.

What’s not

In addition to various technology issue declines this week, stock of some big banks took some big drops Tuesday on the NYSE when a Merrill Lynch analyst lowered his ratings. Citicorp shares slipped $7.38 to $123 and closed the week at $115. BankAmerica shares dropped $3.68 to $69.12 and slid to a weekly close of $64.19. Chase Manhattan shares dropped $5.25 to $107.19 and a weekly close of $101.88. The week was especially rough for Milwaukee-based Rainforest Cafe, whose shares fell nearly 40 percent Wednesday on Nasdaq, dropping $12.19 to $18.56.