Athens Review, Athens, Texas

In the News

June 6, 2014

Stock market heads higher after jobs report

NEW YORK — The stock market headed higher in morning trading Friday following news that U.S. employers added workers at a good clip for the fourth month in a row. Hertz plunged after saying it would need to restate three years of its financial results because of accounting errors.

KEEPING SCORE: The Standard & Poor's 500 index gained seven points, or 0.3 percent, to 1,947 as of 10:45 a.m. Eastern time. The benchmark for most investment funds reached another all-time high the day before.

The Dow Jones industrial average rose 64 points, or 0.4 percent, to 16,900, and the Nasdaq composite climbed 16 points, also 0.4 percent, to 4,313.

EMPLOYMENT PICTURE: Before the market opened, the Labor Department said employers added 217,000 jobs to their payrolls in May. That's down from 282,000 in April but in the range of what economists had expected. The unemployment rate stayed put at 6.3 percent. Wall Street's forecasters had expected it to inch up.

REACTION: "It's another positive sign, along with retail sales, housing and everything else we've been seeing," said JJ Kinahan, chief strategist at TD Ameritrade. "There's nothing in this report to slow this market down, but all everyone has wanted to talk about is why the market is going to fall."

RENTAL REDO: Hertz slumped after the car-rental company said in a regulatory filing that it needs to correct its financial results for the past three years because of accounting errors. Hertz Global Holdings dropped $2.81, or 9 percent, to $27.61.

BIG DEBUT: Arista Networks soared in its first day of trading on the New York Stock Exchange. Arista raised $225 million from investors in its initial public offering late Thursday, selling more than five million shares at a price of $43 each. The company makes networking equipment for cloud computing and had reportedly delayed its IPO after tech stocks took a beating in April.

Text Only
In the News
  • Realignment coming to Athens ISD

    The Athens Independent School District school board approved campus realignment Monday that will go into effect for the 2015-16 school year.

    July 29, 2014

  • Trial begins in case over Oklahoma City bombing

    The FBI has done a thorough search of its archives and found no evidence that more Oklahoma City bombing videos exist, federal attorneys told a judge on Monday during the first day of a trial that has rekindled long-dormant questions about whether others were involved in the devastating 1995 attack.

    July 28, 2014

  • Kendall Sanders.jpg Kendall Sanders charged with felony sexual assault, improper photography

    A University of Texas police spokeswoman says two Longhorns football players have been charged with felony sexual assault and their arrests are pending.

    July 24, 2014 1 Photo

  • Man gets 2nd death sentence in Dallas slaying

     A jury sentenced a Dallas man to death a second time Wednesday for the 1986 killing of a Dallas civil rights attorney and his wife.

    July 24, 2014

  • Texas woman sentenced to life in stepson's death

     A North Texas jury has sentenced a woman to life in prison for the 2011 starvation death of her 10-year-old stepson.

    July 23, 2014

  • Parsons Athens woman confesses to killing daughter

    Stacie Marie Parsons, 25, walked into the Athens Police Department at 8:46 a.m. Monday and confessed to killing her 4-year-old daughter.

    July 21, 2014 2 Photos

  • g000258000000000000f99cd4724578efa27c155fb3a1dcc7c68e3109e5.jpg Suspects sought in armed robberies in Corsicana

    Corsicana Police are looking for suspects in a pair of armed robberies the past week.

    July 17, 2014 1 Photo

  • Feds: Texas voting maps deliberately discriminated

     The U.S. Justice Department told judges Monday that Texas lawmakers carefully crafted electoral maps marginalizing minority voters despite the state's exploding Hispanic population in a deliberate effort to racially discriminate and protect conservative incumbents.

    July 14, 2014

  • Four children among six dead in suburban Houston shooting

      A father opened fire at a suburban Houston home Wednesday, killing four of his children as well as two adults who were with them, and critically wounding his 15-year-old daughter, authorities said.

    July 10, 2014

  • Corsicana firefighter killed in one-car crash

     An off-duty Corsicana fireman was killed and his two young sons were injured in a one-car crash on FM 709 north of Dawson Tuesday night.

    An off-duty Corsicana fireman was killed and his two young sons were injured in a one-car crash on FM 709 north of Dawson Tuesday night.

    Justice of the Peace Jackie Freeland identified the deceased fireman as Louis Lachney, 46. He was a Lieutenant with the Corsicana Fire Department.

    The crash was reported at 11:27 p.m. Tuesday and occurred  at a sharp curve in the roadway on FM 709 about two miles north of State Highway 31 near Dawson.

    DPS Sgt. Thomas Moore, supervisor at the crash site, said Lachney’s convertible Mazda was traveling north on FM 709 and failed to negotiate a sharp curve, leaving the roadway and overturning several times.

    Moore said Lachney and his two sons who were passengers in the car were all ejected from the vehicle. Moore said the three were apparently not wearing seat belts.

    The two injured boys walked to the roadway following the crash where they were discovered by a passing motorist, who notified law enforcement of the crash.

    Moore said the two boys were transported by air ambulance to a Dallas hospital. He said they were in serious but stable condition when transported from the crash site.

    DPS Trooper LaTonya Daniels is investigating the crash. Corsicana EMS, volunteer firefighters, and Navarro County Sheriff's Office deputies assisted at the crash site. - See more at: http://www.corsicanadailysun.com/local/x611407136/Corsicana-firefighter-killed-in-one-car-crash#sthash.cKzZVvbj.dpuf

    July 9, 2014

Biz Marquee
AP Video
Raw: Japanese Soldiers Storm Beach in Exercises Raw: Weapons Fire Hits UN School in Gaza Raw: Rocket Launches Into Space With Cargo Ship Broken Water Main Floods UCLA Two Women Narrowly Avoid Being Hit by Train In Virginia, the Rise of a New Space Coast New Sanctions on Key Sectors of Russian Economy Crayola Announces Family Attraction in Orlando US Ready to Slap New Sanctions on Russia Kerry: Not Worried About Israeli Criticism Boater Rescued From Edge of Kentucky Dam Girl Struck by Plane on Florida Beach Dies Rodents Rampant in Gardens Around Louvre House to Vote on Slimmed-down Bill for Border Looming Demand Could Undercut Flight Safety Raw: 2 Shells Hit Fuel Tank at Gaza Power Plant Raw: Massive Explosions From Airstrikes in Gaza Giant Ketchup Bottle Water Tower Up for Sale Easier Nuclear Construction Promises Fall Short Kerry: Humanitarian Cease-fire Efforts Continue