South Florida Sun Sentinel from Fort Lauderdale, Florida on December 3, 2003 · 58
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South Florida Sun Sentinel from Fort Lauderdale, Florida · 58

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Fort Lauderdale, Florida
Issue Date:
Wednesday, December 3, 2003
Page:
58
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,2D Wednesday, December 3, 2003 . NWS BUSINESS sun-sentinel.com Market Watch DOW JONES INDUSTRIAL AVERAGE fw the past 30 trading days 10,20Q- 1 1 i 1 " i 10.00C -' - - : 9,40c ....;. ........ 9,200 -L.........;. J....L..;....; I...;... ,...... 9.00C r H - ' 8,800 --r- - - : --- 8,600 -U -- r 8,40C - ----- 8.20C - 8.00c - - . 7,800l 1 1 1 1 1 27 3 10 17 24 1 OCT. NOV. DEC 2003 Gold & Silver U.S. Treasury Bonds 30-year T-bond yield 5.15 Gold, troy ounce $403.701.00 Close Change 10-year T-bond yield 4.38 Silver, troy ounce $5,496 0J51 Indexes take a breather from rise The Dow closed down 45.41, or 0.5 percent, at 9,853.64. Over the previous six trading days, the blue chips gained 279.63. The Nasdaq composite index ended the day down 9.75, or 0.5 percent, at 1,980.07. The Standard & Poor's 500 index lost 3.50, or 0.3 percent, to close at 1,066.62. TUESDAY Coastal Bancorp Inc. (CBSA) Shares rose $4.52, or 12 percent, to $41.22. The $2.6 billion-asset bank said that it has agreed to be bought by Hibemia Corp. (HIB) for about $4 1 .50 a share. Cubic Corp. (CUB) Shares fell $3.20, or 1 1 percent, to $26.90. The provider of simulation training for the military said sales and operating income will increase "modestly" in fiscal 2004, which disappointed some investors, according to Jim Ricchiuti, an analyst with Needham & Co. Walter Industries Inc. (WLT) Shares fell $1.02, or 7.9 percent, to $1 1.95. The home-builder and finance company's fourth-quarter net income will drop to 5 cents to 1 5 cents a share from 33 cents a year earlier. TODAY Eclipsys Corp. (ECLP) The maker of health-care software said that it is providing components of an existing program to the clients who had purchased its SunriseXA program, which is being worked on to improve the response time. About 38 customers had bought the SunriseXA program and the company had announced this plan at its Oct. 29 analyst meeting, Ryan T. Stewart, a SunTrust Robinson Humphrey analyst, said. On Tuesday, Eclipsys shares rose $2.80, or 27 percent, to $13.03. BLOOMBERG NEWS AND THE ASSOCIATED PRESS EXCHANGES Close Net chg chg. Argentina Merval 1022.40 22.97 2.298 Brazil Bovespa 20458.49 -62.11 -.303 Britain FTSE100 4378.90 -31.10 -.705 Canada TSE300 7927.60 3.03 .038 Chile IGPA 7298.89 -2725 -372 Colombia COSMIBB 883.97 -35 -.04 Germany DAX 380926 -11.94 -0.31 Hong Kong Hang Seng 12412.23 -44.76 -359 Japan Nikkei 225 10410.15 6.88 .066 Mexico - Bolsa 8635.44 14.33 .166 Venezuela IBVC 21502.49 78.96 .369 DIVIDENDS lOpc 12-12 1229 TUESDAY DIVIDENDS DECLARED P- stk of pay- . riod rate record abl. IRREGULAR City Telecom HK Ltd z ... .1931 12-16 1-19 fst Financial Fd X 2.75 12-15 12-23 x- includes .157 income, .918 short term cap gains and 1.675 long term cap gains. IShrGSJInwstop ... .4419 12-3 12-10 iShrLehmm-3Bd ... .1083 12-3 12-10 iShnehmnBd ... .2662 12 3 12-10 SABESPZ ... 4625 12-15 y z- apornx. amount per ADS or ADR. STOCK Shore cmty Bank INCREASED Bank ot Nova Scotia Q 50 1-6 1-31 Bowl America Q .135 1-9 2-11 Citizens Hldg CrXMS) Q .15 12-15 12-31 DPL mc Q .24 2-13 3-1 Fst Keystone Corp Q .26 12-16 12-31 Patina Oil ft Gas Cp Q .08 12-15 12-31 StrykerCorp A .14 12-31 1-30 CORRECTION Morgstan InsMuniSec x .3049 12 5 12-19 x- amount is cap gams, not regular monthly, as reported on 12-1. SPECIAL High yield Income Fd ... .06 12-15 12-31 YEAREND TempletonGIOblncoFd ... .0636 12-16 12-31 REGULAR Q Q Q NUvFLQItylnco M .083 12-15 12-30 NuvmsdDivAdvantage M .0775 12-15 12-30 Nuvinsoopp M NuvlnsdPremium2 M NuvlnsdQIty M .0845 12-15 NuvmsdTax-FreeAdv M .075 12-15 .081 12-15 12-30 .073 12-15 12-30 12-30 12-30 084 12-15 12-30 .079 12 15 12-30 .045 12-15 12-30 M 04 12 15 12-30 M .0825 12-15 12-30 M .0795 12-15 12-30 M 0745 12-15 NuvlnvtQIty NuvMktOpp NuvMunnnco NuvMunivalue NuvNVDivAdv NuvNYDlVAdv2 NuvNYInsdDivAdvantage 12-30 NuvNYinsdPreminco M NuvNYInvtQIty M .0815 12-15 12-30 NuvNVMuniValue M 0355 12-15 12-30 NuvNYPerformancePlusM .0845 12-15 12-30 NuvNYQItylnco M .0765 12-15 NuvNYSelectPort M .057 12-15 NuvNYSelectQIty M .0795 12-15 NuvNYTax-FreeAdv M .0725 12-15 NuvPerformancePlus M .081 12-15 12-30 NuvPremier M .0825 12-15 12-30 NuvPremierlnsd M 0815 12-15 NuvPremiumlnco M NuvPremlnco2 M NuvPremlnco4 M NuvQualitylnco M 077 12-15 12-30 12-30 12-30 12-30 12-30 .12 12-10 12-26 .04 1-15 2-2 05 1-15 2-2 M 0833 12-18 12-31 141 12-12 12-26 Auburn Natl Bncp Bel Fuse A Bet Fuse B Chartwell Dhf&ffic DelawarelnvtAZMuni x- includes .08 income and .061 long term cap gains Deiawaretnvtcoinsd x 107 12-12 12-26 x- Includes .08 income, .025 long term cap gains and .002 short term cap gains. DelawareinvtFLinsd x .105 12-12 12-26 x- includes .085 income and .02 long term cap gains. DelawarelnvtGlobDiv M .08 12-12 12-26 DelawarelnvtMNMurrl x .392 12-12 12-26 x- includes .08 income, .299 long term cap gains and 013 short term cap gains DelawarelnvtMNMuniilM .085 12-12 12-26 DelawarelnvtMNMuniliiM 075 12-12 12-26 Duff8,PhlpstKICpBd M .085 12-15 12 31 Equity One Inc Q .28 12-17 12-31 FedlRltylnvtTr(MO) Q .49 1-2 1-15 Florida Public Util Q .1475 12-12 1-2 GevityHRInc 0 05 1-15 1-30 Hancock, jpatPrmDvl M .054 12-12 12-31 Hancock, J PatsiDv M .09 12-8 12-31 High Yield Income Fd M .0425 12-15 12-31 Holllnaer intl mc A Q .05 1-1 1-15 n Q Q Q Q 12-30 08 12-15 12-30 .0815 12-15 12-30 .071 12-15 12-30 .0805 12-15 12-30 NuvSeiectMamrities M .0395 12-15 12-30 .061 12-15 12-30 .0585 12-15 12-30 .0575 12-15 12-30 .083 12-15 12-30 .18 12-17 04 12-16 .11 1-2 .1662 12-15 1-2 12-31 1-15 12-31 037 12-15 12-31 M .0295 12-15 12-31 M 041 12-15 12-31 M .081 12-15 12-31 .0962 12-15 12-31 03 12-12 1-7 105 12-8 12-15 .33 12 15 .11 12 17 .10 1-15 05 12-18 1-12 1-2 1 30 1-6 Home Fncl Bancorp Horace Mann Educ Huboeli inc A.B McClatchyCo Michaels stores mc Nevada chemicals Inc 0 Nuveen Advantage M NuvAZDivAdvantage M 065 12-15 12-30 NuvA7DivAdvantage2 M .072 12-15 12-30 NuvADlvAdvantage3 M NuvAZPremiumlnco M .0765 12-15 12-30 NuvCADfvAdvamage M .082 12-15 12-30 NuvCADivAdvantage2 M NuvCADivAdvamage3 M NuvCAlnsdDivAdvantage 12-30 NuvCAinsdPremlnco M NuvCAlnsdTax-FreeAdvM 0755 12-15 12-30 NuvCABlvtCHty M .0795 1 2-15 12-30 NuvCAMktOpp M .079 12-15 12-30 NuvCAMuniValue M .04 12-15 12-30 NuvCAPerformancePlusM.0775 12-15 12-30 .086 12-15 12-30 076 12-15 12-30 .072 12-15 12 30 M 076 12-15 .077 12-15 12-30 NuvCAQItyinco NuvCASelectPort NuvCASeiectqity NuvCTOvAdv NuvCTDrvAdv2 NuvCTDrvAdv3 NuvOivAdvantage NuvDivAdvantaKe2 NuvfvA0Vantaxe3 NuvFLInsdPremlnco M NuvFunsdTax-FreeAdvM 083 12-15 12-30 .056 12-15 12-30 083 12-15 12-30 M .0765 12-15 12-30 M .072 12-15 12-30 M 067 12-15 12-30 M 0855 12-15 12-30 M 086 12-15 12-30 M .0805 12-15 12-30 08 12-15 12 30 .072 12-15 12-30 NuvFUnvtOlty M .0845 12-15 12 30 NuvSelectPort M NuvSelectPort2 M NuvSeiectPortS M NuvSeiectQIty M Skyline Corp q TempletonGIOblncoFd M U S Restaurant Prop M VK AdvMunlnc x- includes 0925 Income and .0737 cap gains. VK AdvMunlncU M .08 12-15 12-31 VKAdvPAMun x .516 12-15 12-31 x- includes .4295 cap gams and .0865 income. VKBondFd X .3251 12-15 12-31 x- includes .26 Income and .0651 special income, VKCAMun X .1776 12-15 12-31 x- includes .1276 cap gains and .05 income. VKCAQIIyMun M 0905 12-15 12-31 VKCAValMun X 4532 12-15 12-31 x- includes 3607 cap gains and 0925 income. VKFLQlryMun X .2355 12-15 12-31 x- includes 1585 cap gams and .077 income. VKHilncoTr M .03 12-15 12-31 VK HilncoTrll M VK incoTr VK invGdMun VK MAValMun VK Munilnco M x- includes .0462 cap gams and 05 income. VKMuniOpp x .3817 12-15 12-31 x- includes .2852 cap gains and 0965 income. VK MuniOppH M .0825 12-15 12-31 VK MunTr M .1019 12-15 12-31 x- includes .0239 cap gains and .078 income. VXNYQItyMun x .3978 12-15 12-31 x- includes .3208 cap gains and .077 income. VK NYValMun M 085 12-15 12-31 VKOHOJty x 3132 12-15 12-31 x- includes .2367 cap gains and .0765 income. VKOHValMun M .074 12-15 12-31 VKPAOIry X .3603 12-15 12-31 x- Includes .2763 cap gains and 084 income. VK PAValMun X .1878 12-15 12-31 x- includes .1043 cap gains and .0835 income. VKSelSeCtMun M 071 12-15 12 31 VK Seniorlnco M 0334 12-15 12-31 VK SlratsectMun M 0825 12-15 17-31 VKtnsMun x .2411 12-15 12-31 x- includes .1551 cap gains and 086 income VKInvGrdN M 087 12-15 12-31 VK InvGrdFL x .3513 12-15 12 31 x- includes .2593 cap gains and .092 income. VKInvGrdCA x 226 12-15 12-31 x- includes .1395 cap gains and .0865 income. VKInvGrdMun x .1892 12-15 12-31 x- includes 1042 cap gains and .085 income VK InvGrdNY x .4956 12-15 12-31 x- Includes .4016 cap gains and .094 income. VK InvGrdPA X .3805 12-15 12-31 x- includes .298 cap gams and 0875 income VKValMun M .0845 12 15 12-31 wstnAsrciayuSTtsmrt M .0656 12-9 12-19 WstnAstPremBondFdM 10625 12-9 12-19 g- payable in Canadian funds. Regulators' charges contested INVESCO CONTINUED FROM PAGE ID customers, they readily violated the fiduciary duty they owed to all shareholders and rendered meaningless the funds' prospectus disclosures on market timing." Invesco Funds denied any wrongdoing Tuesday and said it would "vigorously" contest any charges against the company or its employees. Regulators are seeking the return of profits made from the market timing as well as civil penalties. Also Tuesday, Colorado Attorney General Ken Salazar scheduled a news conference to announce legal action against a mutual fund company. A spokesman declined to name the company. The investigation of the mutual fund industry has already resulted in complaints against other well-known fund companies, including Putnam Investments and the Pilgrim Baxter fund family. Others, including Strong Financial Corp. and Alliance Capital Management, have acknowledged that market timing occurred but have not been charged. Market timing is not illegal, but is strictly limited by most fund companies because it can skim profits from longer-term shareholders and increase transaction fees. Authorities contend that funds that prohibited or restricted such trades but then made selective exceptions for big clients, such as hedge funds, committed fraud. On Tuesday, Richard Strong stepped down as chairman, chief executive and chief investment officer of Strong Financial Corp. and from its board of directors effective immediately. Strong's resignation followed disclosures that he had made questionable trades in his company's mutual funds. The company has admitted that Strong engaged in some next-day transactions in his personal accounts, as well as those of friends and family. In the case of Invesco, the prospectuses officially limited trades to four a year, but authorities allege exceptions were made for big clients, including Canary Capital LLC, the hedge fund operator who agreed to pay $40 million earlier this year to settle a complaint brought by Spitzer's office alleging improper fund trading. The filings allege that between June 2001 and June 2003, Canary made roughly $50 million ora HOpercent return market timing the Invesco Dynamics fund, while long-term shareholders lost 34 percent. South Florida Sun-Sentinel Ephedra maker targets' Orioles By Erik Matuszewsh BLOOMBERG NEWS The president of Nutra-quest Inc., the bankrupt ephedra maker sued by the widow of Baltimore Orioles pitcher Steve Bechler, says the team, not his company, is to blame for Bechler's death during spring training. Nutraquest President Robert Chinery asked a judge for permission to sue the Orioles, claiming the Major League Baseball team failed to give Bechler adequate care after he collapsed from a heat stroke while trying to do wind sprints on Feb. 1 6 in Fort Lauderdale. The motion was filed Monday in federal court in Miami. Orioles spokesman Bill Stetka said the team hadn't seen Chinery's court filing and declined to comment. Layoffs precede stations' sale RADIO CONTINUED FROM PAGE ID 1700. Those being dismissed have no clear idea of what lies ahead under Multicultural Radio. "At this time, we don't have any formal agreement from the new owner to hire employees," said Steven E. Dawson, chief financial of fi-, cer of Radio Unica. "We are doing our best to transition them to other companies," he added. About 30 employees who work for Radio Unica's promotions company will retain their jobs, Dawson said. The promotions firm is not included in the sale of the stations, but Radio Unica is also looking for a buyer for the unit. Established in 1998, Radio Unica reported a net loss of $21 million for the nine months ending Sept. 30, on net revenues of $35.2 million. Radio Unica reported it had a total of 305 employees nationwide at the end of 2002 in a filing with the Securities and Exchange Commission. Multicultural Radio owns AM and FM stations in the United States and broadcasts in Mandarin, Cantonese, Korean, Russian, Spanish and other languages. Joseph Mann can be reached at jmannsun-sentinel.com or 954-356-4665. TRADE UP. BRING YOUR NUMBER. SAVE 50 BUCKS. Join now and save $50 on our most advanced phone. Trade up to Nextet. Bring your number. 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