Arrow-right Camera

The Spokesman-Review Newspaper The Spokesman-Review

Spokane, Washington  Est. May 19, 1883
Clear Day 42° Clear

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

What’s Hot

Insurance and finance firms made big market leaps this week. At Thursday’s close on the New York exchange, Provident Companies had moved up $5.38 to $63.38. The Chattanooga, Tenn., insurer reported better-than-expected second-quarter results and announced plans to raise its dividend, buy back stock, and split its shares 2-for-1. Its stock closed Friday at $63.25, up from last week’s close of $57.06 … Citicorp moved up $6.44 to $130.56 on Tuesday. Merrill Lynch analyst Judah Kraushaar raised his near-term rating to “buy” from “accumulate,” Dow Jones News Service reported. Friday, Citicorp closed at $134.88 a share on the NYSE, up from $127.19 last week.

What’s Not

On Wednesday, AEP Industries, was down $7.13 at $26 a share. The South Hackensack, N,J. plastic packaging maker said Monday profits for its third quarter ending July 31 will only match second quarter results. Its stock closed Friday on the NASDAQ at $25, down from last week’s close of $33 … Meanwhile on Wednesday, PLC Systems was down $12.19 at $13.31 on the AMEX. The Gaithersburg, Md. company faced a setback when the Food and Drug Administration rejected its new laser treatment for heart angina. PLC’s stock closed Friday at $12.13 a share, down from $25.50 last week’s close.

The Spokesman-Review Newspaper

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 not tax deductible, but are predominately used to help meet the local financial requirements needed to receive national matching-grant funds.

Subscribe to the Coronavirus newsletter

Get the day’s latest Coronavirus news delivered to your inbox by subscribing to our newsletter.


Annual health and dental insurance enrollment period open now

 (Courtesy Washington Healthplanfinder)
Sponsored

2020 has been a stressful year for myriad reasons.