Originally created 04/23/98

Business briefs



Technology stocksdo well on weak day

NEW YORK -- A reinvigorated technology group drove stocks to more record highs Wednesday, but another uninspiring performance on the broad market suggested that Wall Street's three-month rally is losing steam.

The Dow Jones industrial average edged above 9,200 for the first time, but quickly pulled back and finished down 8.22 at 9,176.72.

While other indexes fared better than the Dow, analysts pointed out that declining issues outnumbered advancers on the broad market.

Company names vice president

Avondale Mills has announced Marvin S. Bonner has been promoted to vice president of manufacturing and that Robert J. Fisher, vice president of fabrics will retire April 30.

Mr. Bonner, a former vice president for Walton Fabrics from 1985-1993, will relocate to the Graniteville area. Mr. Fisher has worked at the Graniteville facility since 1984 but has worked for the Alabama-based company since 1959.

Firm offers anti-Springer prize

NEW YORK -- Next on Jerry Springer: a chocolate-covered food fight!

A candy company Wednesday promised a box of chocolates to television viewers who swear off Mr. Springer's talk show -- while admitting that most of its executives have not seen the program.

The first 1,000 people who respond to the Astor Chocolate Corp. campaign by sending some of their household trash and a signed promise they won't watch Springer will get a free sampler package of chocolate.

The company will deliver the trash to producers of Mr. Springer's show.