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Newspaper
The Gaston Gazette
Location
Gastonia, North Carolina, United States of America
Date
Jun 24, 2016
Page
6
Twilio Inc rose after its IPO raised 150 million dollars pushing its price up 13.79 to 28.79 while Valero Energy gained 0.90 to 53.71 as oil prices advanced and energy stocks led gains.
Belmont joins Pelican's SnoBalls franchise as Randall and Tracy Wright expand with a Belmont store at 6037 Wilkinson Blvd near North Main Street. The Raleigh based chain lists locations across seven states plus the Carolinas. Gastonia owner is Jovan Henderson and the site moved to 1605 Neal Hawkins Road near Martha Rivers Park. The Wrights own Lincolnton unit, purchased 486 square feet building and nearby property for 250000 in April. County records note a 7500 remodel permit on May 17.
Global markets perked as Britons vote on EU membership. Stocks rise in Europe with Germany and France up over 6 percent, UK FTSE gains, while the pound climbs to near year highs around 1.48 per dollar. Investors price in remained EU risk and watch Moody’s and Fed signals for broader impact.
Investors moved to safe assets amid referendum uncertainty. U.S. government bonds drew demand with yields on the 10 year Treasury dipping to 1.57 percent, then rising to 1.73 percent as bonds were sold. Lower yields pressure bank lending profits. higher odds of remain lift long term rates benefiting banks.
Dividend footnotes describe extra payments not included in sums, with notes on annual rate changes from recent announcements. Some entries reflect paid stock splits, omitted dividends, arrears, or redistributions. Closed end funds may lack price earnings data and past 12 month losses are noted for specific items.
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