Traffic stop leads to 3 arrests, meth lab find - Archives - Elizabethton ...
Traffic stop leads to 3 arrests, meth lab find - Archives - Elizabethton ...
Traffic stop leads to 3 arrests, meth lab find - Archives - Elizabethton ...
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Page 12 - STAR- FRIDAY, JANUARY 5, 2007<br />
Community Calendar<br />
FRIDAY, JAN. 5<br />
• Hamp<strong>to</strong>n Lodge No. 750<br />
F&AM, 509 First Ave., will<br />
meet in stated communication<br />
at 7 p.m. Visiting brethren are<br />
invited <strong>to</strong> attend.<br />
• Country and Bluegrass<br />
Dance Hall, located at the<br />
Outdoorsmen Building, 4535<br />
Highway 11W, Kingsport, will<br />
host Jack Willis, Barry Sykes<br />
and Ransom McCoy with The<br />
Countrymen Band from 7-<br />
10:30 p.m. Tickets are adults<br />
$5, children $1. For more information,<br />
call 968-9637.<br />
• The Green Pastures<br />
Group of Alcoholics Anonymous<br />
will meet at 8 p.m. in<br />
the Conference Room at<br />
Crossroads, 413 East Elk Ave.,<br />
Elizabeth<strong>to</strong>n.<br />
• The Women’s Easier Softer<br />
Way Recovery Group of Alcoholics<br />
Anonymous will<br />
meet from 6-7 p.m. in the Conference<br />
Room at Crossroads,<br />
413 East Elk Ave., Elizabeth<strong>to</strong>n.<br />
• A contra dance will be<br />
held at the His<strong>to</strong>ric Jonesborough<br />
Visi<strong>to</strong>rs Center from 8-<br />
11 p.m. A class for beginning<br />
dancers starts at 7:30 p.m. The<br />
band Hot Flash — Karen<br />
Gaughan on keyboards and<br />
Laurie Fisher on fiddle — will<br />
perform with Hank Morris as<br />
caller. Admission is $5 for<br />
members and $7 for the general<br />
public.<br />
SATURDAY, JAN. 6<br />
• Shirley’s Restaurant, 3266<br />
Hwy. 321, Hamp<strong>to</strong>n, will have<br />
Saturday Night Pickin’ every<br />
Saturday night beginning at 7<br />
p.m. There is no admission<br />
charge and everyone is invited<br />
<strong>to</strong> come and participate.<br />
For more information, call<br />
768-2092.<br />
• David O’Roark with The<br />
Countrymen Band will perform<br />
at the Greeneville VFW<br />
from 8 p.m. <strong>to</strong> midnight. Door<br />
charge will be $5.<br />
SUNDAY, JAN. 7<br />
• The Green Pastures<br />
Group of Alcoholics Anonymous<br />
will meet at 8 p.m. in<br />
the Conference Room at<br />
Crossroads, 413 East Elk Ave.,<br />
Elizabeth<strong>to</strong>n.<br />
MONDAY, JAN. 8<br />
• The Elizabeth<strong>to</strong>n Red<br />
Cross, 116 Hols<strong>to</strong>n Avenue,<br />
will host adult, child and infant<br />
CPR class from 6-10 p.m.<br />
• Dashiel Lodge No. 238<br />
will hold its monthly meeting<br />
at 7:30 p.m. All Master Masons<br />
are invited.<br />
• Take Off Pounds Sensibly<br />
will meet at First Baptist<br />
Church, 212 East F St., on<br />
Mondays with weigh-in from<br />
David Wortman AAMS<br />
NYSE<br />
AMEX<br />
d 9,113.16 -19.06 d 2,023.60 -26.41 u<br />
GAINERS ($2 OR MORE)<br />
Name Last Chg %Chg<br />
NY&Co 15.22 +2.07 +15.7<br />
Systemax 19.76 +1.66 +9.2<br />
NtwkEq 6.23 +.44 +7.6<br />
Aeropstl 34.21 +2.21 +6.9<br />
Hitachi 66.11 +3.95 +6.4<br />
McMoRn 14.87 +.85 +6.1<br />
IHS Inc 40.68 +2.31 +6.0<br />
MSC Ind 42.91 +2.43 +6.0<br />
SixFlags 5.69 +.31 +5.8<br />
ArrowEl 34.57 +1.87 +5.7<br />
LOSERS ($2 OR MORE)<br />
Name Last Chg %Chg<br />
ConstellB 25.49 -3.65 -12.5<br />
ConstellA 25.15 -3.25 -11.4<br />
TmpRusEE80.81 -7.74 -8.7<br />
NwIreland 32.70 -2.85 -8.0<br />
Limited 27.35 -2.23 -7.5<br />
PetGeo s 21.74 -1.76 -7.5<br />
BentleyPh 9.46 -.72 -7.1<br />
ChinaTel 52.58 -3.67 -6.5<br />
CrosTim 45.25 -3.05 -6.3<br />
BanColum 29.99 -1.97 -6.2<br />
MOST ACTIVE ($1 OR MORE)<br />
Name Vol (00) Last Chg<br />
FordM 605704 7.70 +.19<br />
AT&T Inc 381998 34.50 -.45<br />
TimeWarn 356308 22.42 +.39<br />
Pfizer 318790 26.38 +.09<br />
GenElec 309240 37.75 -.22<br />
ExxonMbl 306306 72.72 -1.39<br />
EMC Cp 293082 13.53 +.33<br />
Mo<strong>to</strong>rola 278288 20.55 -.02<br />
Corning 273855 19.54 +.69<br />
ConocPhil 270186 66.07 -2.12<br />
STOCK EXCHANGE HIGHLIGHTS<br />
GAINERS ($2 OR MORE)<br />
Name Last Chg %Chg<br />
Simulat s 6.50 +1.08 +19.9<br />
RaserT nya 7.49 +1.11 +17.4<br />
ChadThr 2.29 +.19 +9.0<br />
HenryBrEl 4.35 +.34 +8.5<br />
MovieStr 2.04 +.16 +8.5<br />
FlexSolu 3.56 +.27 +8.3<br />
FortuneInd 6.20 +.45 +7.8<br />
BrnswkB 13.50 +.84 +6.6<br />
QuestCap g 2.82 +.16 +6.0<br />
ThinkEng 3.30 +.18 +5.8<br />
LOSERS ($2 OR MORE)<br />
Name Last Chg %Chg<br />
AdcareHlt n 2.20 -.60 -21.4<br />
Uranerz n 3.72 -.58 -13.5<br />
OrleansH 15.67 -2.09 -11.8<br />
ZionO&G n 10.40 -1.32 -11.3<br />
Metalline n 3.03 -.37 -10.9<br />
Iomed 2.32 -.25 -9.7<br />
EnvirPwr 7.57 -.78 -9.3<br />
HstnAE n 5.00 -.50 -9.1<br />
NDynMn g 6.79 -.64 -8.6<br />
Aurizon g 2.82 -.26 -8.4<br />
MOST ACTIVE ($1 OR MORE)<br />
Name Vol (00) Last Chg<br />
SPDR 661192 141.67 +.30<br />
SP Engy 505660 55.55 -1.03<br />
iShR2K nya446954 78.37 +.21<br />
OilSvHT 174324 130.01 -3.34<br />
SemiHTr 143620 34.19 +.62<br />
DJIA Diam 100326 124.68 +.21<br />
iShEmMkt 86539 113.55 -1.59<br />
iSh EAFE 86374 73.32 -.19<br />
Yamana g 71725 11.87 -.46<br />
PrUShQQQ n62170 52.20 -2.25<br />
5:30-6:30. Meeting begins at<br />
6:30 p.m. For more information,<br />
please call 928-1594 or<br />
542-4476.<br />
TUESDAY, JAN. 9<br />
• The Elizabeth<strong>to</strong>n Red<br />
Cross, 116 Hols<strong>to</strong>n Ave., will<br />
host a first aid class from 6-9<br />
p.m.<br />
• The Carter County Parks<br />
and Recreation Board will<br />
hold its regularly scheduled<br />
monthly meeting at 5:30 p.m.<br />
in the conference room at the<br />
Carter County Courthouse.<br />
For more information, call<br />
542-1834.<br />
• The board of commissioners<br />
of the Hamp<strong>to</strong>n Utility<br />
District of Carter County,<br />
TN, Inc., will meet in regular<br />
session at 7 p.m. at the utility<br />
office.<br />
• The Lee & Lois Herndon<br />
Chapter of Tennessee Ornithological<br />
Society, also<br />
known as the Elizabeth<strong>to</strong>n<br />
Bird Club, will hold its first<br />
meeting of 2007 at 7 p.m. on<br />
the lower level of the science<br />
building on the campus of<br />
Milligan College. Although<br />
meetings are usually held the<br />
first Tuesday of each month,<br />
this meeting was re-scheduled<br />
due <strong>to</strong> the holidays. The public<br />
is welcome.<br />
• The Green Pastures<br />
Group of Alcoholics Anonymous<br />
will meet at 8 p.m. in<br />
the Conference Room at<br />
Crossroads, 413 East Elk Ave.,<br />
Elizabeth<strong>to</strong>n.<br />
• Al-Anon “Free <strong>to</strong> Be Me”<br />
meeting will be held at the<br />
Watauga Association of Baptists<br />
office, across from Elizabeth<strong>to</strong>n<br />
Lumber, from 6-7<br />
p.m.<br />
THURSDAY, JAN. 11<br />
• The Roan Mountain 12<br />
Step Group of Alcoholics<br />
Anonymous will meet at 6<br />
p.m. at the Magill Presbyterian<br />
Church, Hwy. 143, Roan<br />
Mountain.<br />
FRIDAY, JAN. 12<br />
• The Green Pastures<br />
Group of Alcoholics Anonymous<br />
will meet at 8 p.m. in<br />
the Conference Room at<br />
Crossroads, 413 East Elk Ave.,<br />
Elizabeth<strong>to</strong>n.<br />
• The Women’s Easier Softer<br />
Way Recovery Group of Alcoholics<br />
Anonymous will<br />
meet from 6-7 p.m. in the Conference<br />
Room at Crossroads,<br />
413 East Elk Ave., Elizabeth<strong>to</strong>n.<br />
SATURDAY, JAN. 13<br />
• David O’Roark with The<br />
Countrymen Band will perform<br />
at the Greeneville VFW<br />
from 8 p.m. <strong>to</strong> midnight. Door<br />
charge will be $5.<br />
Joseph C. Miller<br />
Investment Representative<br />
NASDAQ<br />
2,453.43 +30.27<br />
GAINERS ($2 OR MORE)<br />
Name Last Chg %Chg<br />
Voxware n 5.25 +2.02 +62.5<br />
XTL Bio 3.33 +.62 +22.9<br />
Micrvisn 3.74 +.67 +21.8<br />
WitnSys 20.75 +3.24 +18.5<br />
StemCells 3.11 +.45 +16.9<br />
MemryPh 3.14 +.45 +16.7<br />
InfoSonic s 5.82 +.82 +16.4<br />
AngioDyn 25.39 +3.42 +15.6<br />
Consulier 5.50 +.60 +12.2<br />
Innovex 2.06 +.22 +12.0<br />
LOSERS ($2 OR MORE)<br />
Name Last Chg %Chg<br />
Ftrmdia rsh 2.05 -.70 -25.5<br />
DayStar 2.63 -.57 -17.8<br />
HotTopic 11.23 -2.31 -17.1<br />
SigmaTel 3.87 -.63 -14.0<br />
WrlssFac 2.47 -.38 -13.3<br />
BrigExp 6.14 -.92 -13.0<br />
USGlobal 55.55 -8.26 -12.9<br />
HghwyH 4.66 -.64 -12.1<br />
Cache Inc 21.87 -2.91 -11.7<br />
BPO h rs 3.14 -.41 -11.5<br />
MOST ACTIVE ($1 OR MORE)<br />
Name Vol (00) Last Chg<br />
SPDR 661192 141.67 +.30<br />
SP Engy 505660 55.55 -1.03<br />
iShR2K nya446954 78.37 +.21<br />
OilSvHT 174324 130.01 -3.34<br />
SemiHTr 143620 34.19 +.62<br />
DJIA Diam 100326 124.68 +.21<br />
iShEmMkt 86539 113.55 -1.59<br />
iSh EAFE 86374 73.32 -.19<br />
Yamana g 71725 11.87 -.46<br />
PrUShQQQ n62170 52.20 -2.25<br />
DIARY<br />
DIARY<br />
DIARY<br />
Advanced<br />
Declined<br />
Unchanged<br />
Total issues<br />
New Highs<br />
New Lows<br />
1,648<br />
1,698<br />
120<br />
3,466<br />
135<br />
27<br />
Advanced<br />
Declined<br />
Unchanged<br />
Total issues<br />
New Highs<br />
New Lows<br />
534<br />
546<br />
75<br />
1,155<br />
42<br />
16<br />
Advanced<br />
Declined<br />
Unchanged<br />
Total issues<br />
New Highs<br />
New Lows<br />
1,744<br />
1,324<br />
139<br />
3,207<br />
82<br />
32<br />
Volume 3,042,478,560 Volume<br />
414,078,365 Volume 2,163,549,927<br />
504 East “E” Street<br />
543-7848<br />
THE MARKET IN REVIEW<br />
YTD<br />
Name Ex Div Yld PE Last Chg %Chg<br />
AT&T Inc NY 1.42 4.1 19 34.50 -.45 -3.5<br />
AMD NY ... ... 19 19.79 +.27 -2.8<br />
AlcatelLuc NY .21 1.4 ... 15.07 -.12 +6.0<br />
Altria NY 3.44 3.9 16 87.65 +1.14 +2.1<br />
Amgen Nasd ... ... 29 71.33 +2.93 +4.4<br />
Anheusr NY 1.18 2.4 19 48.75 -.47 -.9<br />
AppleCptr Nasd ... ... 38 85.66 +1.86 +1.0<br />
ApldMatl Nasd.20 1.1 19 18.80 +.38 +1.9<br />
ATMOS NY 1.28 4.0 18 32.06 -.18 +.5<br />
BEA Sys lf Nasd ... ... ... 12.92 +.64 +2.7<br />
BJ Svcs NY .20 .7 11 26.70 -1.41 -8.9<br />
BP PLC NY 2.30 3.5 9 65.11 -.87 -3.0<br />
BkofAm NY 2.24 4.2 12 53.67 +.34 +.5<br />
Boeing NY 1.40 1.6 42 89.53 +.36 +.8<br />
BrMySq NY 1.12 4.2 24 26.69 +.31 +2.5<br />
CSX s NY .40 1.1 14 35.00 +.26 +1.7<br />
ChartCm Nasd ... ... ... 3.09 +.04 +1.0<br />
ChesEng NY .24 .9 6 27.72 -.11 -4.6<br />
Chevron NY 2.08 3.0 9 70.28 -.69 -4.4<br />
Cisco Nasd ... ... 30 28.46 +.73 +4.1<br />
Citigrp NY 1.96 3.6 11 55.06 -.19 -1.1<br />
CocaCl NY 1.24 2.6 22 48.60 +.02 +.7<br />
Comc sp Nasd ... ... 39 42.49 +.24 +1.5<br />
Conexant Nasd ... ... ... 2.19 +.12 +7.4<br />
ConocPhil NY 1.44 2.2 6 66.07 -2.12 -8.2<br />
Corning NY ... ... 27 19.54 +.69 +4.4<br />
DaimlrC NY 1.82 2.9 ... 61.78 -.25 +.6<br />
Dell Inc lf Nasd ... ... 21 26.24 +.75 +4.6<br />
Disney NY .31 .9 21 34.47 +.27 +.6<br />
DowChm NY 1.50 3.7 10 40.09 -.18 +.5<br />
eBay Nasd ... ... 43 31.59 +1.42 +5.1<br />
EMC Cp NY ... ... 31 13.53 +.33 +2.5<br />
EastChm NY 1.76 2.9 13 59.76 -.29 +.8<br />
EKodak NY .50 1.9 ... 25.85 -.06 +.2<br />
EmersnEl s NY 1.05 2.4 20 43.86 ... -.5<br />
ExxonMbl NY 1.28 1.8 11 72.72 -1.39 -5.1<br />
FstHorizon NY 1.80 4.3 11 41.51 -.22 -.6<br />
FleetEn NY ... ... ... 8.20 +.07 +3.7<br />
FordM NY .25 ... ... 7.70 +.19 +2.5<br />
GenElec NY 1.12 3.0 23 37.75 -.22 +1.5<br />
GnMotr NY 1.00 3.4 ... 29.64 +.19 -3.5<br />
GlaxoSKln NY 1.74 3.2 ... 54.72 +.91 +3.7<br />
Hallibtn s NY .30 1.0 11 29.23 -.64 -5.9<br />
Heinz NY 1.40 3.1 23 45.36 -.39 +.8<br />
HewlettP NY .32 .8 21 41.68 +.06 +1.2<br />
HomeDp NY .90 2.2 14 40.57 -.50 +1.0<br />
HonwllIntl NY .91 2.0 19 45.08 -.02 -.4<br />
iShJapan NY .10 .7 ... 14.35 +.15 +1.0<br />
iShR2K nya Amex.84 1.1 ... 78.37 +.21 +.4<br />
STOCKS OF LOCAL INTEREST<br />
YTD<br />
Name Ex Div Yld PE Last Chg %Chg<br />
Intel Nasd.40 1.9 21 21.17 +.82 +4.5<br />
IBM NY 1.20 1.2 17 98.31 +1.04 +1.2<br />
JohnJn NY 1.50 2.2 18 67.23 +.83 +1.8<br />
Kellogg NY 1.16 2.3 20 50.06 -.39 0.0<br />
Kennmtl NY .84 1.4 9 58.70 -.10 -.3<br />
LSI Inds Nasd.52 2.6 26 20.01 +.02 +.8<br />
LSI Log NY ... ... 25 9.31 +.24 +3.4<br />
Level3 Nasd ... ... ... 5.57 -.08 -.5<br />
Libbey NY .10 .8 ... 12.80 -.02 +3.7<br />
Lowes s NY .20 .6 16 32.18 +.14 +3.3<br />
McDnlds NY 1.00 2.3 19 43.54 -.33 -1.8<br />
MeadWvco NY .92 3.1 47 29.60 -.94 -1.5<br />
Merck NY 1.52 3.4 19 45.11 +1.09 +3.5<br />
MicronT NY ... ... 19 13.79 -.24 -1.2<br />
Microsoft Nasd.40 1.3 24 29.81 -.05 -.2<br />
Mo<strong>to</strong>rola NY .20 1.0 12 20.55 -.02 0.0<br />
Nasd100Tr Nasd.13 .3 ... 44.06 +.82 +2.1<br />
OCharleys Nasd ... ... 33 21.53 +.24 +1.2<br />
OilSvHT Amex.96 .7 ... 130.01 -3.34 -6.9<br />
Oracle Nasd ... ... 25 17.68 +.17 +3.2<br />
PepsiCo NY 1.20 1.9 22 63.15 +.43 +1.0<br />
Pfizer NY 1.16 4.4 15 26.38 +.09 +1.9<br />
ProctGam NY 1.24 1.9 24 64.05 -.49 -.3<br />
Qualcom Nasd.48 1.2 27 39.15 +1.69 +3.6<br />
QwestCm NY ... ... ... 8.29 -.12 -1.0<br />
RschMotn Nasd ... ... 98 138.57+10.02 +8.4<br />
SaraLee NY .40 2.4 16 16.83 -.06 -1.2<br />
SemiHTr Amex.34 1.0 ... 34.19 +.62 +1.6<br />
SiriusS Nasd ... ... ... 3.77 +.03 +6.5<br />
SnapOn NY 1.08 2.3 31 47.75 -.09 +.2<br />
Solectrn NY ... ... 25 3.30 +.08 +2.5<br />
SwstAirl NY .02 .1 25 15.76 +.24 +2.9<br />
SprintNex NY .10 .5 48 19.65 +.61 +4.0<br />
SPDR Amex2.45 1.7 ... 141.67 +.30 0.0<br />
SP Engy Amex.72 1.3 ... 55.55 -1.03 -5.3<br />
SunMicro Nasd ... ... ... 5.69 +.15 +5.0<br />
Symantec Nasd ... ... 54 21.66 +.32 +3.9<br />
TaiwSemi NY .39 3.6 ... 10.97 ... +.4<br />
TempleIn NY 1.00 2.2 13 46.27 -.23 +.5<br />
TexInst NY .16 .5 11 29.10 +.54 +1.0<br />
TimeWarn NY .22 1.0 16 22.42 +.39 +2.9<br />
Tribune NY .72 2.3 18 30.89 -.11 +.4<br />
ValeroE NY .32 .7 5 48.89 -1.16 -4.4<br />
VerizonCm NY 1.62 4.3 16 38.03 +.21 +2.1<br />
WalMart NY .67 1.4 18 47.78 +.23 +3.5<br />
WeathfdInt NY ... ... 15 36.92 -1.75 -11.7<br />
Wendys s NY .68 2.0 32 33.66 +.34 +1.7<br />
Wyeth NY 1.04 2.0 17 51.69 +.28 +1.5<br />
Yahoo Nasd ... ... 34 26.85 +1.24 +5.1<br />
S<strong>to</strong>ck Footnotes: g = Dividends and earnings in Canadian dollars. h = Does not meet continued-listing standards. lf = Late filing with SEC.<br />
n = New in past 52 weeks. pf = Preferred. rs = S<strong>to</strong>ck has undergone a reverse s<strong>to</strong>ck split of at least 50 percent within the past year. rt =<br />
Right <strong>to</strong> buy security at a specified price. s = S<strong>to</strong>ck has split by at least 20 percent within the last year. un = Units. vj = In bankruptcy or<br />
receivership. wd = When distributed. wi = When issued. wt = Warrants. Gainers and Losers must be worth at least $2 <strong>to</strong> be listed in tables<br />
at left. Most Actives must be worth at least $1. Volume in hundreds of shares. Source: The Associated Press. Sales figures are unofficial.<br />
BUSINESS & COMMERCE<br />
Jobless claims jump <strong>to</strong> highest<br />
level since late November<br />
WASHINGTON (AP) —<br />
The number of laid-off workers<br />
filing claims for unemployment<br />
benefits shot up last<br />
week <strong>to</strong> the highest level since<br />
late November.<br />
The Labor Department reported<br />
that a <strong>to</strong>tal of 329,000<br />
newly unemployed workers<br />
filed applications for jobless<br />
benefits, an increase of 10,000<br />
from the previous week.<br />
The increase in claims was<br />
led by Indiana where claims<br />
rose by 9,544, a gain attributed<br />
<strong>to</strong> layoffs in au<strong>to</strong>s and other<br />
manufacturing companies.<br />
The biggest drop in claims<br />
occurred in Tennessee, a decline<br />
of 3,157. That improvement<br />
was attributed <strong>to</strong> fewer<br />
layoffs in construction, service<br />
and manufacturing industries.<br />
The state data lags the national<br />
data by one week and is<br />
not adjusted for seasonal variations.<br />
In other economic news,<br />
many of the nation’s big retail<br />
chains reported disappointing<br />
results from the holiday shop-<br />
WASHINGTON (AP) — The Federal<br />
Trade Commission on Thursday fined<br />
the marketers of four weight loss pills<br />
$25 million for making false advertising<br />
claims ranging from rapid weight<br />
loss <strong>to</strong> reducing the risk of cancer.<br />
FTC Chairman Deborah Platt Majoras<br />
said the products would remain on<br />
s<strong>to</strong>re shelves, but that the companies<br />
would have <strong>to</strong> <strong>s<strong>to</strong>p</strong> making the false<br />
claims.<br />
“What we challenge is the marketing<br />
of the claims,” she said. “The marketers<br />
are required <strong>to</strong> back up the<br />
claims with the science and if they<br />
can’t do that they can’t make the claim.<br />
But we don’t ban the products from the<br />
shelves.”<br />
The FTC investigated a variety of<br />
claims made — including rapid weight<br />
loss and reduction in the risk of osteoporosis,<br />
Alzheimer’s and even cancer,<br />
Majoras noted.<br />
Fines were levied against marketers<br />
of Xenadrine EFX, One A Day Weight<br />
Smart, CortiSlim and TrimSpa.<br />
ping season.<br />
After a rousing start right<br />
after Thanksgiving, many<br />
s<strong>to</strong>res struggled during December<br />
as warmer-than-usual<br />
weather depressed sales for<br />
winter clothing. Analysts said<br />
the sales results were also depressed<br />
by the shift <strong>to</strong> purchasing<br />
gift cards, which are<br />
not counted as sales until they<br />
are redeemed.<br />
Wal-Mart S<strong>to</strong>res Inc. reported<br />
a better-than-expected<br />
1.6 percent increase in December<br />
at s<strong>to</strong>res open at least a<br />
year, but the gain followed a<br />
decline of 0.1 percent in sames<strong>to</strong>re<br />
sales in November, the<br />
first drop in a decade. Among<br />
the retailers whose sales fell<br />
below expectations were Limited<br />
Brands and Bebe S<strong>to</strong>res<br />
Inc.<br />
The <strong>to</strong>tal number of jobless<br />
claims was the largest since<br />
358,000 claims were filed the<br />
week of Nov. 25 and the advance<br />
was well above the increase<br />
analysts had been expecting.<br />
But even with the latest in-<br />
STOCK OCK<br />
REPOR EPORT<br />
Edward Jones<br />
www.edwardjones.com<br />
crease, the third consecutive<br />
weekly rise, claims continue<br />
<strong>to</strong> be at a level indicating a<br />
generally healthy <strong>lab</strong>or market<br />
despite a slowing economy.<br />
The four-week moving<br />
average for weekly claims<br />
edged up <strong>to</strong> 317,500, compared<br />
<strong>to</strong> 316,250 the previous<br />
week. It was the highest level<br />
for the four-week average<br />
since Dec. 16.<br />
Employers have been reluctant<br />
<strong>to</strong> lay off existing<br />
workers although they have<br />
trimmed plans <strong>to</strong> hire new<br />
workers in the face of the serious<br />
housing slump that has<br />
depressed overall economic<br />
growth.<br />
Analysts believe that when<br />
the unemployment report is<br />
released on Friday it will<br />
show that the jobless rate remained<br />
stable at 4.5 percent in<br />
December as businesses created<br />
110,000 new jobs. That<br />
would be down from 132,000<br />
jobs added in November.<br />
The economy slowed <strong>to</strong> a<br />
lackluster growth rate of just 2<br />
percent in the summer as a<br />
Telephone calls <strong>to</strong> the marketers<br />
seeking comment were not immediately<br />
returned Thursday.<br />
Majoras said that some of the money<br />
paid as civil fines would be returned <strong>to</strong><br />
consumers. “We always try <strong>to</strong> get money<br />
back when consumers have been deceived,”<br />
she said. “In this instance I’m<br />
pleased <strong>to</strong> say that I believe we’re going<br />
<strong>to</strong> get millions back from some of<br />
these products <strong>to</strong> be able <strong>to</strong> return it <strong>to</strong><br />
consumers.”<br />
The largest fine was levied against<br />
two marketers of Xenadrine EFX, made<br />
by New Jersey-based Nutraquest, Inc.,<br />
formerly known as Cy<strong>to</strong>dyne Technologies.<br />
The marketers will pay at<br />
least $8 million and as much as $12.8<br />
million. A federal lawsuit has been<br />
filed in Newark, N.J.<br />
A $12 million fine was assessed<br />
against seven marketers of CortiSlim<br />
and CortiStress. The marketers were<br />
identified as Window Rock Health<br />
Labora<strong>to</strong>ries, based in Brea, Calif.<br />
The Bayer Corp., based in Morris-<br />
FOR INFORMATION ON STOCKS, BONDS, MUTUAL FUNDS, CDs, AND IRAs CALL US.<br />
Member New York S<strong>to</strong>ck Exchange, Inc and Securities Inves<strong>to</strong>r Protection Corporation<br />
Jan. 4, 2007<br />
+6.17<br />
12,480.69<br />
Pct. change<br />
from previous:<br />
401 Hudson Drive<br />
543-1181<br />
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DAILY DOW JONES<br />
STOCK MARKET INDEXES<br />
52-Week Net YTD 12-mo<br />
High Low Name Last Chg %Chg %Chg %Chg<br />
12,580.35 10,661.15 Dow Industrials 12,480.69 +6.17 +.05 +.14 +14.69<br />
5,013.67 4,059.87 Dow Transportation 4,673.07 +22.41 +.48 +2.48 +10.37<br />
462.88 380.97 Dow Utilities 455.56 -2.12 -.46 -.26 +10.87<br />
9,209.30 7,708.11 NYSE Composite 9,113.16 -19.06 -.21 -.28 +14.72<br />
2,096.43 1,757.20 Amex Market Value 2,023.60 -26.41 -1.29 -1.60 +13.58<br />
2,470.95 2,012.78 Nasdaq Composite 2,453.43 +30.27 +1.25 +1.58 +7.75<br />
1,431.81 1,219.29 S&P 500 1,418.34 +1.74 +.12 ... +11.38<br />
822.02 710.53 S&P MidCap 809.05 +1.82 +.23 +.58 +7.26<br />
801.01 666.58 Russell 2000 789.95 +2.53 +.32 +.29 +14.19<br />
14,405.59 12,249.90 Wilshire 5000 14,269.90 +23.19 +.16 +.09 +11.66<br />
MUTUAL FUNDS<br />
steep slide in housing construction<br />
trimmed 1.2 percentage<br />
points from growth. Analysts<br />
believe housing subtracted<br />
a similar amount from<br />
growth in the final three<br />
months of this year and will<br />
continue <strong>to</strong> depress activity<br />
through the middle of 2007.<br />
In addition <strong>to</strong> the weakness<br />
in housing, au<strong>to</strong> manufacturers<br />
have also been struggling<br />
<strong>to</strong> reduce a high backlog of<br />
unsold vehicles.<br />
However, analysts say<br />
there is a slim chance of a recession<br />
as a result of the problems<br />
in housing and manufacturing.<br />
They also say they believe<br />
the slowdown will cause<br />
the jobless rate <strong>to</strong> rise <strong>to</strong><br />
around 5 percent this year but<br />
think economic activity will<br />
pick up in the second half of<br />
2007.<br />
For the week ending Dec.<br />
23, a <strong>to</strong>tal of 319,000 claims<br />
were filed. In that week, 39<br />
states and terri<strong>to</strong>ries reported<br />
an increase in claims and 13<br />
had a decrease with one reporting<br />
no change.<br />
FTC fines marketers of 4 weight<br />
loss pills $25 million for false claims<br />
<strong>to</strong>wn, N.J., will pay a $3.2 million civil<br />
penalty <strong>to</strong> settle the claims. TrimSpa,<br />
based in Whippany, N.J., will pay $1.5<br />
million.<br />
Majoras cautioned the estimated 70<br />
million Americans trying <strong>to</strong> lose<br />
weight not <strong>to</strong> turn <strong>to</strong> pills.<br />
“You’re not going <strong>to</strong> <strong>find</strong> weight<br />
loss in a bottle of pills,” she said.<br />
She said the FTC investigation<br />
found that the marketers of Xenadrine<br />
had a study that said those who <strong>to</strong>ok a<br />
placebo actually lost more weight than<br />
those taking the pill.<br />
“They not only didn’t have studies<br />
<strong>to</strong> support the claim, they actually had<br />
a study that went the other way,” she<br />
said.<br />
Some of the products marketed their<br />
claims through infomercials or celebrity<br />
endorsements. Anna Nicole Smith,<br />
for example, has endorsed TrimSpa.<br />
“Testimonials from individuals are<br />
not a substitute for science,” Majoras<br />
said. “And that’s what Americans need<br />
<strong>to</strong> understand.”<br />
Curt Alexander CFP<br />
12,500<br />
12,000<br />
11,500<br />
11,000<br />
OCT NOV DEC JAN<br />
10,500<br />
High Low Record high close: 12,510.57<br />
12,510.41 12,403.86 Dec. 27, 2006<br />
Total Assets Total Return/Rank Pct Min Init<br />
Name Obj ($Mlns) NAV 4-wk 12-mo 5-year Load Invt<br />
American Funds A: GwthA p XG 84,111 32.87 -0.6 +8.1/B +44.5/A 5.75 250<br />
American Funds A: IncoA p BL 58,910 20.36 +1.6 +18.4/A +66.5/A 5.75 250<br />
American Funds A: ICAA p LV 73,977 33.52 +0.6 +13.9/D +45.2/B 5.75 250<br />
American Funds A: WshA p LV 67,794 34.82 +0.8 +16.0/C +42.0/C 5.75 250<br />
Fidelity Invest: Contra XG 68,770 65.38 -0.3 +8.7/B +73.1/A NL 2,500<br />
Fidelity Invest: Magelln LG 45,958 89.84 -0.7 +4.6/C +15.6/B NL 2,500<br />
Oppenheimer A: Disc p SG 551 46.21 -2.4 +1.9/E +14.2/D 5.75 1,000<br />
Putnam Funds A: GrInA p LV 12,078 19.95 +1.0 +13.4/E +36.4/D 5.25 500<br />
Putnam Funds A: VoyA p LG 5,694 18.48 +0.1 +4.1/C +5.4/D 5.25 500<br />
Vanguard Fds: Wndsr XV 14,421 18.78 +2.4 +17.5/A +49.7/C NL 3,000<br />
BL -Balanced, GL -Global S<strong>to</strong>ck, IL -International S<strong>to</strong>ck, LC -Large-Cap Core, LG -Large-Cap Growth, LV -Large-Cap<br />
Val., XC -Multi-Cap Core, XG -Multi-Cap Growth, XV -Multi-Cap Val.Total Return: Chng in NAV with dividends reinvested.<br />
Rank: How fund performed vs. others with same objective: A is in <strong>to</strong>p 20%, E in bot<strong>to</strong>m 20%. Min Init Invt: Minimum<br />
$ needed <strong>to</strong> invest in fund. NA = Not avail. NE = Data in question. NS = Fund not in existence. Source: Lipper, Inc.
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