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The Gaston Gazette in Gastonia, North Carolina

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This newspaper page contains 6 articles. Subscribers can read the full text of each article.

Newspaper

The Gaston Gazette

Location

Gastonia, North Carolina, United States of America

Date

Jun 07, 2019

Page

6

Fiat Chrysler Renault merger collapses amid Nissan timing dispute

Fiat Chrysler withdraws its planned merger with Renault after a dispute over when Nissan would be brought into the alliance. Renault’s top shareholder urged delays as the board met in Paris, casting doubt on the deal. Meanwhile U S mortgage rates fell to 3.82 percent, aiding refinancings ahead of spring home buying.

Fiat Chrysler Renault Nissan Paris John Elkann U.S Freddie Mac The Associated Press

Venecia opens in Gastonia with customer‑focused Italian Greek menu

Abdu Arafa and Said Graber open Venecia Italian and Greek New York Style Pizzeria at 306 E Garrison Blvd Gastonia promising hearty portions and fair lunch specials. They emphasize welcoming customers like family, renovation of the former Shogun site, and a menu ranging from pizzas and strombolis to Greek dishes with beer wine and baklava.

Gastonia Abdu Arafa Arafa Said Graber Venecia E. Garrison Blvd Water Tower Place Shopping Center Arafa and Graber Brooklyn New York Manhattan North Carolina Thomasville Catawba College Salisbury Kings Mountain Verona Shelby

Market snapshot shows S&P 500 at 2843.49

The report lists the S&P 500 at 2843.49 with a gain of 17.34 points along with a 30 year Treasury yield of 2.62 percent, down 0.01.

At&t Inc Bb&t Corp Bet Eee Bank of America Bac Best Buy Commercial Metals Cmc Curtis-Wright CW DHR Danaher Corp Deere DE Dillards Inc DDS DollarTree Dltr Dominion Energy D DukeEngy Duk FMC Corp Fmc GEGE Hanesbrand Hbi Harley-Davidson Hog Home Depot HD Intel Corp. Intc IBM IBM Kohls Kss Lowes Low Martin Marietta Mlm Microsoft Msft PNC Financial Pnc Pulte Homes RPAI Retail Properties A Southern Company Suntrust Banks Sti Texas Roadhouse Txrh Textron Txt Timken Tkr Wal Mart Wmt Wells Fargo WFC

Payment processors consolidate with 21.5 billion Global Payments deal

The payment processing sector sees major consolidation as Global Payments agrees to acquire Total System Services in an all stock deal worth 21.5 billion. The move follows Fidelity National Information Services buying Worldpay for about 35 billion and Fiserv acquiring First Data for 22 billion as startups press competition.

Total System Services Stripe Square PayPal Venmo Fidelity National Information Services Worldpay Fiserv First Data First Data Fidelity National Information Services Worldpay Global Payments

La-Z-Boy shares sink on weaker fourth quarter outlook

Monroe Michigan maker of recliners and sofas warns fourth quarter earnings will be worse than Wall Street expected. CEO Kurt Darrow cites slow sales in February to April quarter weighing on profitability. Printing quarter blamed on lower sales in wholesale upholstery and casegoods. Shares had surged in February on strong results and fell sharply Thursday, erasing most 2019 gains.

La-Z-Boy Monroe Michigan Wall Street Kurt Darrow Darrow Missouri Arkansas Tennessee

Local Stock Notes Highlight Closed End Fund Status

Stocks of Local Interest note PIEURCING 1é MOMS PIUS with commentary on a closed end fund. Footnotes indicate no P/E ratio shown. PIE 6 appears in the line.

Also Mentioned on This Page

Milan Fiat Chrysler Washington DOW By Michael Barrett Mbarrett Gastongazette.com Food and Customer Service Michael Barrett GazetteMike S&p Cowen and Co George Mihalos Global Payments Total System Services Global Payments Fisc Worldpay Fidelity Nat. Inform Private Comany Mae Anderson J. Paschke Yahoo Finance
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