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Newspaper
The Gaston Gazette
Location
Gastonia, North Carolina, United States of America
Date
Jun 25, 2016
Page
6
Verizon Communications slips 0.24 to 54.43 while high dividend appeal supports shares as investors seek stability. Altria Group rises 0.71 to 67.02 with tobacco names buoyed by Brexit outcomes and steady performance.
In Cramerton the new Coffer's Canteen opens this month at 119 Center St inside the former South Fork Deli. Owner Dave Rhames hails a planned crowd as menu finalization and staff training wrap up, with flagship tacos as a highlight.
Britain votes to exit the European Union, signaling broader market jitters and slower growth worldwide. Moody’s Analytics estimates a 0.25 percent decline in global output over five years, with the EU down 1 percent and the U.K. 4 percent. Central banks hold rates, while currencies fall and travel costs ease for Americans visiting Europe. Trade talks will shape Britain’s future ties with the bloc, potentially mirroring Swiss-style adaptation without leverage.
Global markets fell sharply as Britain's surprise vote to leave the European Union sent shockwaves through U.S. stocks. The Dow dropped 610.32 points to 17,400.75, the S&P 500 fell 75.91 points to 2,037.41, and the Nasdaq declined 202.06 points to 4,707.98 amid widespread risk-off buying of gold and Treasuries.
Barnes & Noble plans an age old partnership approach with Spotty Dog Books & Ale in Hudson New York and The Book Cellar in Chicago to bolster sales. The chain reported falling sales in its latest quarter across its 640 bookstores nationwide. It emphasizes coffee and Wi Fi as part of the strategy.
A fragmented stock note summarizes dividends and annual rates. It notes dividends paid but not included, mentions increases or decreases in annual rate due to recent announcements, stock splits, and 12 month comparisons. It records declared or paid status, and mentions figures like paid in last 12 months and per share values.
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