Local News
Dow industrials fall over 600 points, below 9,000
NEW YORK (AP) _ Stocks plunged in the final minutes of trading Thursday, sending the Dow Jones industrials down more than 600 points to their lowest level in five years after a major credit ratings agency said it was considering cutting its rating on General Motors Corp. The Standard & Poor's 500 index fell more than 6 percent.
The selloff came as Standard & Poor's Ratings Services put GM and its finance affiliate GMAC LLC under review to see if its rating should be cut. GM has been struggling with weak car sales in North America.
The action means there is a 50 percent chance that S&P will lower GM's and GMAC's ratings in the next three months.
General Motors Corp. led the Dow lower, falling about 30 percent.
The Dow fell more than 660 points, or 7.2 percent, to about 8,586 in late dealings. The blue chips hadn't fallen below the 9,000 level since Aug. 6, 2003.
The Standard & Poor's 500 index fell 74.73, or 7.6 percent, to 910.12 in late dealings.
- Local News
-
-
Tax time attracts e-mail crooks
DALLAS — The Internal Revenue Serice warns taxpayers against being fooled by e-mails that appear to be from the IRS about your tax return or refund.
-
Sweetheart Style show to include blast from the past
The Weatherford Chamber of Commerce’s annual Sweetheart Style Show is set for 11:30 a.m. to 1 p.m. Friday at the Doss Heritage and Culture Center.
This is the fifth year for the event, and it’s taking on a new twist. -
Suspect nabbed in Watauga traffic stop
Parker County Sheriff’s Investigators have one man in custody in connection with an aggravated robbery case last week in Azle, in which a man was beaten with a pistol and robbed inside his residence.
-
Parker County Republican Women host Candidate Forum for County Offices
WEATHERFORD – The public is invited to a Candidate Forum for Parker County Offices at the monthly luncheon meeting of the Parker County Republican Women.
- Sheriff's Activity Call Log
- WPD Crime Report
-
2nd annual “All Star Kids” competition scheduled
WEATHERFORD – The Ninth Grade Center’s JV Jazz will hold their 2nd annual “All Star Kids” Beauty and Talent competition for children ages 0 through 18 years of age on Saturday, Feb. 20, at the NGC Auditorium on South Main.
- Local Military News
-
Girl scout food drive
Weatherford Girl Scout Troop #4821 will be conducting a Food Drive to benefit the Parker County Center of Hope beginning Monday and lasting through Saturday.
-
TOTS latest production opens Feb. 12
WEATHERFORD – Theatre Off the Square in Weatherford invites you to visit Fayro, Texas once again when the Futrelle Sisters return in "Southern Hospitality," written by Jones, Hope and Wooten and courtesy of Dramatists Play Service. Beginning Friday, Feb. 12, and running weekends through Feb. 28,
- More Local News Headlines
-
Tax time attracts e-mail crooks
