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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

What’s hot

Teens might not be too keen on losing after-school jobs, but McDonald’s shareholders liked the mid-week announcement that the company may lay off workers and install computerized and partially robotic kitchens. The burger giant’s stock rose $2 to $57.375 following news of introducing made-to-order Big Macs and Quarter Pounders, and axing the Arch Deluxe.

Portland-based Columbia Sportswear had no trouble getting investors to line up for 5.6 million shares in an $18 initial public offering Friday. The world’s largest outerwear maker closed up $3.94 to $21.94 on the Nasdaq exchange.

Investors were excited about Pfizer after the FDA approved the Viagra impotence pill, which some think could become a best seller. The stock rose $1.375 to $97.75 Friday.

What’s not

A federal judge ruled this week that Microsoft couldn’t use Sun Microsystems’ coffee cup trademark for its version of the Javascript software language, and shares of both companies declined. Sun stock fell $1.44 to $41.69 on Friday.

Microsoft shares dropped $0.44 to $87.81. Adobe Systems shares dropped $2.50 to $45.50 Friday on the Nasdaq following reports of lackluster quarterly earnings and revenues.