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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Knighty Tin who wrote (6337)	5/14/2004 9:33:22 AM
From: mishedlo	Read Replies (2) \| Respond to of 116555

We can easily rally for a few days if treasuries stay in rally mode. Not saying we will but action indicates relief over no bond collapse. We were on the cusp this AM Mish

To: Knighty Tin who wrote (6337)	5/14/2004 9:48:23 AM
From: mishedlo	Respond to of 116555

Timken to close 3 Ohio plants employing 1,300 (TKR) By Michael Baron NEW YORK (CBS.MW) -- Timken (TKR) said it plans to close its bearing manufacturing operations in Canton, Ohio, where it currently operates three bearing plants employing 1,300 people. Timken expects to shift most of the bearing production to other plants in the U.S., and it added that its steel operations in Canton are unaffected by the move. The company said it has met with the union representing the bearing-making operations for more than eight months, and they were unable to reach an agreement. It now plans to meet with the union about its decision, and it will offer additional information about the impact of the move after those discussions. The stock added a nickel to $21.49 in early trades.