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The Gaston Gazette in Gastonia, North Carolina

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This newspaper page contains 5 articles. Subscribers can read the full text of each article.

Newspaper

The Gaston Gazette

Location

Gastonia, North Carolina, United States of America

Date

Oct 13, 2016

Page

6

Jobs slip slows as August openings hit 5.4 million

The Labor Department reports U S job openings fell 7 percent in August to 5.4 million from 5.8 million in July, a revised prior record. Hiring remains modest as unemployment drifts down slowly, with declines led by professional services and manufacturing. Wells Fargo CEO John Stumpf resigns amid sales-practices scandal. Tim Sloan to become CEO.

Washington U.S Labor Department San Francisco Wells John Opf Stumpf Tim Sloan Wells Fargo

Food Lion unveils store upgrades in Gaston County rollout

Food Lion marks the end of a 215 million investment in area stores with new aisles, checkout belts, and a produce cooler across about 12 Gaston County locations while highlighting thousands of new items and local produce. Donations of 500 each to Serving Our Community With Kindness and Crisis Assistance Ministry accompany the event.

Food Lion New Hope Beaty Roads Food Lien Gaston County Jeremy Jackson Courtney James

Land of the lease drives record leasing in US cars

Edmunds.com reports 31 percent of new vehicles bought in the first nine months were leased, a record high and about double a decade ago. Millennials lead leases while the 75 plus group grows fastest. leases now span small pickups, cutting prices for automakers.

Edmunds.com Edmunds

Stanley Black & Decker to Acquire Newell Tools Unit

Stanley Black & Decker agrees to buy Newell Brands tools division for 1.95 billion in cash. The deal adds Irwin and Lenox brands and is expected to lift earnings 0.15 per share in year one and 0.50 per share by year three. Cost savings of 80 to 90 million are targeted by year three, with closing in the first half of 2017.

Stanley Black & Decker Newell Brands’ Tools Irwin and Lenox Newell Brands New Britain Connecticut

Local stock footnotes reveal dividend and rate notes

The report outlines various stock footnotes including extra dividends not included, annual rate changes from recent dividends, sums of dividends paid after stock splits, and year to date totals. It notes omitted dividends, arrears, and differing indicators such as closed end fund status and lack of P E ratio, with terms like cash value on ex distribution date and last twelve months particulars.

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