Stocks on the Move Citi declines as Fed rate outlook cools
Citigroup Inc. fell 1.58 to 45.39 as banks tumbled on expectations the Federal Reserve may delay rate hikes. Newmont Mining rose 3.05 to 35.40 as metals miners benefited from a jump in gold and other precious metals prices.
MENTIONED IN THIS ARTICLE
Citigroup Inc
Federal Reserve
Newmont Mining Corp
Beat Corp Bet
Bank of America Bac
Best Buy
Commercial Metals Cmc
Cityoneb
DollarTree Oltr
Donnelley & Sons Rrod
Hanesbrand Hbi
Harley-Davidson Hog
Home Depot
Intel Corp
INTC
IBM 'Bm
Pulte Homes
PHM
RPA
SCANA
Sears Holdings Shld
UNCE
Snyder-Lance Inc
Southern Company
Spectra Energy
Suntrust Banks
STI
TE Connectivity Tel
Tampa Electric Co
TGT
Texas Roadhouse
TXRH
Textron
Time Warmer Inc Twx
U S trade deficit widens in April amid higher imports
The Commerce Department reported a 5.3 percent rise in the April trade gap to 37.4 billion dollars, as imports climbed 2.1 percent to 220.2 billion and exports edged up 1.5 percent to 182.8 billion. The deficit with China jumped 16.3 percent to 24.3 billion, likely fueling tensions.
MENTIONED IN THIS ARTICLE
Washington
U.S
Commerce Department
China
Services sector slows to two-year low text
U S services firms expanded last month at the slowest pace since February 2014 as the ISM services index slipped to 52.9 from 55.7, with employment falling for the first time since February and slower growth in production and new orders.
MENTIONED IN THIS ARTICLE
Washington
U.S
Institute For Supply Management
CaroMont Health expands with Dallas property purchase
CaroMont Health buys a 1,600 square foot homestead on West Wilkins Street in Dallas and four plus acres at Melvin Drive and New Hope Road for a medical office and non clinical services. The deal follows a 2015 Gastonia property purchase and totals about $1.18 million for the two Dallas parcels and the Gaston Day School Road site. The Cloninger family deeded the Dallas properties for 525000 with tax values cited around 156000.
MENTIONED IN THIS ARTICLE
CaroMont Health
Dallas
Mickey Simmons
West Wilkins Street
Simmons
Simmons House
Shelby
Trade Street
U.S. 321
CareMont Health
Gaston Day School Road
Duke Street
Gastonia
CaroMont
Dallas Paddon Butler
Cloninger
Trade
Walnut Streets
Gaston County
Alan Cloninger
Thomas
Mary Jo’s Cloth
Mary Jo
CareMont
Pearson Properties
Gaston Mall
Carolina Orthopaedic & Sports Medicine Center
Paddon Butler
Melvin Drive
New Hope Road
CSC set to reap huge gains from HP deal
Hewlett Packard Enterprise sold its IT consulting unit in May. Computer Sciences Corp. could become the big winner, tripling revenue and expanding global reach. The merger is expected to cut about $1 billion in costs in the first year, aided by workforce reductions as traditional IT firms shift to cloud.
MENTIONED IN THIS ARTICLE
Hewlett Packard
Computer Sciences Corp
CSC
HP Enterprise
Barclays
Darrin Pelter
Valeant Faces Debt Default After Missed Report
Canadian drugmaker Valeant Pharmaceuticals fell 2 percent after missing a filing for the first quarter, triggering a debt default on some notes. Valeant will file by June 10 and says future quarterly reports will be on time. The default does not accelerate repayments. The company has delayed reports before, including 2015, amid government probes into accounting and business practices. Valeant’s stock has dropped about 88 percent since September.
MENTIONED IN THIS ARTICLE
Valeant Pharmaceuticals
Valeant
Local Stock Footnotes Explain Dividend Terms
The note lists dividend related terms such as extra dividends not included, annual rate changes from announcements, and sums of dividends paid after stock splits. It covers declared or paid amounts, yields, stock dividends, and P E indicators for closed end funds, plus losses in the last year.
Also Mentioned on This Page
Commodities Review
GaroMont Health
Wade Tyler
Millward
Gastongazette.com
Gaston Gazette
Gree Company
Bree Fowler
P Services Unit
Sue Valeant
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