WV stock index turns 10 - Beckley, Bluefield & Lewisburg News, Weather, Sports

WV stock index turns 10

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  • Three crews fight house fire in Shady Spring

    Three crews fight house fire in Shady Spring

    Three crews fight house fire in Shady Spring

    Sunday, April 20 2014 11:16 PM EDT2014-04-21 03:16:45 GMT
    Three fire departments worked to fight a house fire in Shady Spring, Raleigh County Sunday night.The fire started just after 8 p.m. in Country Road Estates.Everyone inside the home was able to make it out unharmed.Ghent, Beaver, and Coal City Fire Departments responded to the scene.Right now - the cause of the fire has not been determined but crews did say there was natural gas inside the home.As of 11 p.m. Sunday, the scene was still not cleared.
    Three fire departments worked to fight a house fire in Shady Spring, Raleigh County Sunday night.The fire started just after 8 p.m. in Country Road Estates.Everyone inside the home was able to make it out unharmed.Ghent, Beaver, and Coal City Fire Departments responded to the scene.Right now - the cause of the fire has not been determined but crews did say there was natural gas inside the home.As of 11 p.m. Sunday, the scene was still not cleared.
  • Several arrested after city-wide drug sweep in Greenbrier County

    Several arrested after city-wide drug sweep in Greenbrier County

    Several arrested after city-wide drug sweep in Greenbrier County

    Sunday, April 20 2014 8:10 PM EDT2014-04-21 00:10:53 GMT
    Four men are arrested after a city-wide drug sweep in Greenbrier County.On Thursday, April 17 officers with Alderson Police Department along with the Greenbrier County Sheriff's Department and the West Virginia State Police made three felony arrests and one misdemeanor arrest on drug charges.Jeremy Lewis is charged with delivery of a controlled substance (marijuana) , possession with intent to deliver, and conspiracy to commit a felony.Ronald Cook Jr. is charged with two counts of delivery of...
    Four men are arrested after a city-wide drug sweep in Greenbrier County.On Thursday, April 17 officers with Alderson Police Department along with the Greenbrier County Sheriff's Department and the West Virginia State Police made three felony arrests and one misdemeanor arrest on drug charges.Jeremy Lewis is charged with delivery of a controlled substance (marijuana) , possession with intent to deliver, and conspiracy to commit a felony.Ronald Cook Jr. is charged with two counts of delivery of...
  • One man shot early Saturday morning in Beckley

    One man shot early Saturday morning in Beckley

    Sunday, April 20 2014 5:36 PM EDT2014-04-20 21:36:35 GMT
         One man is in custody Saturday after a bar shooting in Raleigh County.
         One man is in custody Saturday after a bar shooting in Raleigh County.
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  • Jam-band magazine celebrates 2-year anniversary

    Jam-band magazine celebrates 2-year anniversary

    Sunday, April 20 2014 4:00 PM EDT2014-04-20 20:00:13 GMT
    Appalachian Jamwich, a Shepherdstown-based magazine dedicated to jam-band music, art and culture in West Virginia and the surrounding region, is celebrating its two-year anniversary this month.
    Appalachian Jamwich, a Shepherdstown-based print and online magazine dedicated to jam-band music, art and culture in West Virginia and the surrounding region, is celebrating its two-year anniversary this month.
  • City-wide scavenger hunt in Wheeling

    City-wide scavenger hunt in Wheeling

    Sunday, April 20 2014 2:00 PM EDT2014-04-20 18:00:09 GMT
    A new fundraising event in the Upper Ohio Valley to raise funds for Youth Services System is in the works for June 21 in downtown Wheeling.
    A new fundraising event in the Upper Ohio Valley to raise funds for Youth Services System is in the works for June 21 in downtown Wheeling.
  • Barboursville plans to grow its recreation opportunities

    Barboursville plans to grow its recreation opportunities

    Sunday, April 20 2014 1:00 PM EDT2014-04-20 17:00:13 GMT
    Commercial growth in Barboursville has allowed for improved services, and now village officials plan to build on the village's role in recreational opportunities in the region.
    Commercial growth in Barboursville has allowed for improved services, and now village officials plan to build on the village's role in recreational opportunities in the region.

The West Virginia Stock Index, which has tracked the top 25 publicly traded companies that operate in West Virginia, is marking its 10th anniversary.

The Center for Business and Economic Research started the West Virginia Stock Index as a method to track the financial performance of the dominant publicly traded firms that operate in the state. It's updated weekly and available at marshall.edu/cber. 

The West Virginia Stock Index is weighted by the number of employees and accounts for more than 60,000 workers in the state.

The current index includes WalMart, Alpha Natural Resources, Kroger, Consol Energy, Patriot Coal Corporation, Lowe's Companies, Mylan Incorporated and American Electric Power along with 17 other companies.

"The index allows for the comparison of the performance of dominant firms in West Virginia to the DOW Index, one of the best-known market indicators," said Christine Risch, director of resource and energy economics at CBER. "The Dow is comprised of 30 ‘blue chip' firms outside of the utilities and transportation sectors."

Risch said currently only WalMart and DuPont are components of both the West Virginia Stock Index and the Dow.

CBER indicated it would continue the index and would modify the makeup of the firms to reflect changing levels of employment in the state.