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). S&P Personal Wealth (www.personalwealth.com) is the award winning service created specifically for individual investors by Standard & Poor's. Investment management features include personalized portfolio recommendations; buy, sell, and hold alerts; free real-time quotes, live market commentary; and in-depth analysis and research on companies and funds from hundreds of Standard and Poor's analysts worldwide. S&P Personal Wealth, recently described as "...easily the best one-stop shopping site for investors..." by Money.com, can also be reached through leading on-line service partners such as AOL, Netscape, Lycos, Quicken/Excite, ABCNEWS.com, Hearst HomeArts, and 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
Shots Fired at Canada War Memorial, Soldier Down
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