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Article: US stocks fall on Intel news, DuPont outlook
- Article from:
- Jerusalem Post
- Article date:
- January 16, 2003
- Author:
CopyrightProvided by ProQuest LLC. (Hide copyright information)
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Headline: US stocks fall on Intel news, DuPont outlook
Byline: News agencies
Edition; Daily
Section: Economics
Page: 13
Thursday, January 16, 2003 -- SHARES
TEL AVIV
Stocks rose Wednesday, led by Bank Leumi after it said it will try
to cut its payroll by 4 percent through early retirement incentives.
The TA-25 index rose 1.6% to 321.39 after falling 0.8% Tuesday. Twenty
stocks rose, four fell, and one was unchanged.
Bank Leumi jumped 3.1% to NIS 4.62. Bank Hapoalim, which fired 800
employees and sent 100 to early retirement last week, rose 3.7% to
6.44.
Elbit Systems Ltd. climbed 1.6% to 78.40. It said it received an order
from the navy to upgrade observation ...