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

Sat., Nov. 9, 1996

What’s hot

Did the election have anything to do with Wall Street’s runup this week? For Intel, at least, there is no doubt. The world’s largest chipmaker was holding off its revenue forecasts until California voters decided on Proposition 211. The prop, which would have eased rules for filing security-fraud suits, failed so Intel’s stock didn’t. After announcing Thursday strong fourth-quarter projections, Intel jumped $3.25. Friday it rose 12-1/2 cents to end the week at $122.25 … The FDA gave the go-ahead this week for Seattle-based Heartstreamto begin selling a device for treating sudden heart attacks on airline flights. The news gave the firm’s stock a jump, up about $1 since Thursday, ending the week at $13. … New neighborhood, new price. Centennial Technologies Inc., which makes portable-computer components, announced Friday it was moving from the AMEX to the New York Stock Exchange. The result? A $4.25 jump in its stock price to $65.62-1/2.

What’s not

Victoria’s Secret’s slip is showing and, in this case, it’s not good. The stock of the retailer’s parent Intimate Brands has fallen more than $4 since announcing Thursday that earning will be below expectations for the third and fourth quarters. Intimate finished at $16.37-1/2.

Local journalism is essential.

Give directly to The Spokesman-Review's Northwest Passages community forums series -- which helps to offset the costs of several reporter and editor positions at the newspaper -- by using the easy options below. Gifts processed in this system are tax deductible.

Meet Our Journalists

Jesse Tinsley

Meet Jesse Tinsley. As a certified drone pilot, this veteran Spokesman-Review photographer often can be seen capturing beautiful aerial photographs of our region. Sometimes though, the job requires getting down with the dogs.
Jim Meehan

Jim Meehan is no stranger to Zag Nation. As the lead writer covering the Gonzaga men’s basketball team, he tells the stories behind the game and gets fans a bit closer to their favorite players.
Molly Quinn

There is no artist in Spokane like Molly Quinn. Her whimsical style is instantly recognizable to readers of The Spokesman-Review. She has painted gorgeous illustrations that instantly elevate the journalism accompanying it. She brings to life the stories that defy photography. She makes our pages better.
Rob Curley

Spokesman-Review editor Rob Curley loves to talk with people and learn about their lives, whether it's a best-selling author or a stranger he meets downtown on his walk to lunch. It's that inquisitive nature combined with a playful sense of storytelling that helps make our newspaper different than most.