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The Gaston Gazette in Gastonia, North Carolina

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Newspaper

The Gaston Gazette

Location

Gastonia, North Carolina, United States of America

Date

Jun 29, 2007

Page

7

Discover Financial Rings Opening Bell Debut as Standalone

David Nelms chief executive officer of Discover Financial Services will ring the opening bell at the New York Stock Exchange to mark Discover’s debut as an independent company. The move follows Discover’s split from Morgan Stanley and positions Discover among major U S financial players with a broad investor base and continued card network operations.

David Nelms Discover Financial Services New York Stock Exchange Discover Morgan Stanley New York Soho Stock Exchange Mastercard Tein

Fed Holds Rates Damping Hopes for Rate Cuts

Yields rose after the Federal Reserve left the benchmark rate unchanged, dampening expectations for future rate cuts. Markets anticipated firmer policy stance as investors priced in steady borrowing costs and slower near term easing.

Federal Reserve

Local Stocks Rise and Fall Listed Prices

Local stocks show varied movement with figures 751, 928, 183, and 451. prices inch up to 210.12 and 1.76 with a fractional 1.774 indicating minor shifts across sectors. The brief ledger captures modest volatility in a compact market snapshot.

Five Subadvisors Each Pick 8 to 15 Stocks for Fund Focus

Five subadvisors select between eight and fifteen stocks each for FundFocus. Two lean value, two lean growth, one mid, with several names straddling styles and including some mid caps.

Commodities rise after crude tops a barrel for first time

Crude briefly exceeded a dollar per barrel mark for the first time since September as oil climbed on news of a weekly drop in gasoline stocks. Gold and fisheries prices also advanced, with broader commodity gains reported.

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