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FEATURED ARTICLES FROM S&P PERSONAL WEALTH

NEW YORK, May 7 /PRNewswire/ -- Read the following articles exclusively at
S&P Personal Wealth (http://www.personalwealth.com).  Standard & Poor's is a
division of the McGraw-Hill Companies: 


     "Early Easter Hampers April Retail Sales"
     http://www.personalwealth.com/prn02
     April retail sales came in on the weak side, hurt by the early Easter
     holiday this year, notes S&P equity analyst Karen Sack.  She says most
     retailers posted weak same-store sales gains, and some reported declines,
     as consumers slowed spending from March.  However, she notes, it is too
     soon to judge whether or not this is the start of a consumer slowdown in
     spending.  She maintained her 5 STARS (buy) recommendations on Saks Inc.
     (NYSE: SKS), Costco Cos. (Nasdaq: COST), and Dayton Hudson (NYSE: DH).
     MarketViews provides the thoughts of leading investment strategists,
     portfolio managers and other market mavens on the stock and bond markets
     and the state of the economy.  MarketViews also features Paul Cherney's
     market commentary every weekday evening.
     "S&P Reiterates Hold Opinions on Royal Dutch, Shell Transport Shares"
     http://www.personalwealth.com/prn04
     Standard & Poor's reiterated its 3 STARS (hold) recommendations on shares
     of Royal Dutch Petroleum (NYSE: RD) and Shell Transport (NYSE: SC) after
     Royal Dutch/Shell Group, owned 60% by RD and 40% by SC, reported 26%
     lower first quarter net income before special items.  Analyst Norman
     Rosenberg notes that results were hurt by lower commodity prices, weaker
     refining/marketing margins, and lower chemicals prices, but he believes
     that profits over the rest of 1999 will be aided by higher commodity
     prices.  He feels that the stocks are fairly valued at small premiums to
     the major oil group's P/E and price/cash flow multiples.  Word on the
     Street brings you comments every trading day from Wall Street's top
     equity analysts on stocks or industries that are moving significantly.
     "Litton Offers to Buy Both Newport News, Avondale"
     http://www.personalwealth.com/prn03
     Litton Industries (NYSE: LIT) offered to acquire Newport News
     Shipbuilding (NYSE: NNS) for 0.55 LIT share per NNS share in a deal
     valued at $1.9 billion, including debt assumption.  LIT also offered to
     acquire Avondale Industries (Nasdaq: AVDL), with whom NNS had agreed to
     merge, for $38 per share cash in a deal valued at $500 million.  Other
     stocks featured in this morning's MarketMovers include Qlogic Corp.
     (Nasdaq: QLGC), Young Broadcasting (Nasdaq: YBTVA), Sterling Commerce
     (NYSE: SE), Wackenhut Corp. (NYSE: WAK), Whole Foods Market
     (Nasdaq: WFMI), and NEON Systems (Nasdaq: NESY).


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Mindspring.
 

SOURCE  Standard & Poor's 
-0-                             05/07/99 
/CONTACT:  Mark Roth of Standard & Poor's, A Divisionn Of The McGraw-Hill
Companies, 212-770-4752/ 
/Web site:  http://www.personalwealth.com/ 
(SKS COST DH RD SC LIT NNS AVDL QLGC YBTVA SE WAK WFMI NESY) 
CO:  Standard & Poor's
ST:  New York
IN:  MLM PUB FIN
SU: 
-0- May/07/1999   11:08
EOS   (PRN)    May/07/99    11:08      86
â
-0- (PRN) May/07/1999   11:23
 
 
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