The times. (Gainesville, Ga.) 1972-current, November 17, 2018, Image 11

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The times., November 17, 2018, Image 11

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Newspaper Page Text0D BUSINESS Jeff Gill | Business reporter 770-718-3408 | jgill@gainesvilletimes.com The Times, Gainesville, Georgia Saturday, November 17, 2018 Amazon’s Va. site name raises brows BY MATTHEW BARAKAT Associated Press ARLINGTON, Va. - Place names in Arlington County have never been a simple matter. A major fight broke out when National Airport was named for Ron ald Reagan in 1998. A fight continues over whether to name a park next to the airport for Nancy Reagan. And in the 1920s, the Postal Service refused to establish a post office in Arlington because the street names were so confusing and haphazard. So it is fitting that as Arling ton officials celebrated Ama zon’s decision to locate a new headquarters in the area, there was a bit of confusion over the place name. Amazon announced Tues day that it was coming to National Landing, a place people had not heard of because it doesn’t exist. Eco nomic development officials who were wooing the online retailing giant came up with the name as a way to describe the multiple neigh borhoods that were being offered as a site. Those neighborhoods — Crystal City and Pentagon City in Arlington County, and Potomac Yard in the city of Alexandria — span multiple jurisdictions, so the name allowed Alexandria and Arlington to work coop eratively without marketing one locality over another. Unfortunately, because the yearlong process of wooing Amazon had been so secretive, the moniker that had become so com monplace in the economic- development discussions had zero recognition among the general public. So Ama zon’s use of the name in its big announcement left peo ple scratching their heads. Some people confused it with National Harbor, a new development in Mary land that has attracted one of the biggest casinos on the East Coast. Comedian Remy Munasifi, who made his name poking fun at Arling ton in a YouTube rap that has been viewed more than 2 million times, suggested that Arlington National Cemetery would soon be renamed “Kindle Shores.” Rep. Don Beyer, whose congressional district encompasses the neigh borhoods, got in on the act when he suggested that the location of a new $1 billion graduate campus be dubbed “Hokie Landing.” The cam pus was a key incentive offered to Amazon by Vir ginia, which promised to double the number of stu dents who graduate each year with bachelor’s and master’s degrees in com puter science and related fields. No official steps were ever taken to rename the region, and local officials have made clear they have no intention of trying to rename Crystal City or any other neighborhood. In a tweet posted by Arlington Economic Devel opment on Thursday, Arling ton County Manager Mark Schwartz explained that National Landing was sim ply “a way to avoid saying, ‘Parts of Arlington, parts of Alexandria.’” Christina Winn, director of business investment for Arlington Economic Devel opment, said officials never imagined “there would be so much conversation” about the concept. Winn said there’s no intention to supplant or override the name of Crystal City, which draws its name from a big chandelier in one of the first apartment buildings to go up in the area in the 1960s. Still, she said, if Arlington and Alexandria team up on another economic-develop ment pitch in the future, she said that the moniker might be revived. Give loved ones their last straw IMAGES RELEASED BY BRUSH WITH BAMBOO I Associated Press This combination photo of Brush with Bamboo products shows bamboo straws which serve as an alternative to plastic straws. Non-plastic straws of all types make timely holiday gift BY LEANNE ITALIE Associated Press NEW YORK - Big prob lem or a fraction of the world’s plastic consumption? You decide, but know that single-use plastic straws are a recent target of environmen tal activists. As restaurants debate whether to voluntarily dole them out and lawmakers feverishly write bans against them to protect the ocean and sea life and to reduce stress on landfills, alternatives to plas tic straws are plentiful. Some are downright gifty. Yes, Tiffany & Co. Let your loved one sip in style with a selection of luxury straws from Tiffany, because who doesn’t love to see a blue box with their name on it come gift time? One, in sterling silver cov ered in rose gold vermeil, comes as a crazy straw with a twist at the bend at the top. The straw comes with a tiny band of the Tiffany blue in enamel, just to make sure peo ple know its origins. $375. Another lets the sterling sil ver shine with a little monkey crawling up a vine. $425. Paper can be cool The disposable paper vari eties of straws are enjoying a rebirth. Some are more festive than others. Amazon has an ample assortment in party-worthy metallics, colorful dots and special-occasion themes like black-and-white patterns or baby blue dots. Lots of brick-and-mortar stores are into paper straws, too. Prices vary. Bamboo and glass In addition to metals, from Tiffany level to more afford able in stainless steel, some materials not routinely associ ated with straws have become more widespread amid the plastic-straw debate. Bamboo is having a moment all over, in utensils, plates — even toothbrushes. If you think bamboo straws would go unused by your giftee, paper varieties in bamboo prints are available by the box. Prices vary for bamboo straws. One company, Brush with Bamboo, sells a bundle of 12 tied with string, for $20. They are grown organically and artisan-made in northeast India, where bamboo straws are traditionally used to drink beer. As for glass, some compa nies insist their offerings are shatter free. A box of four, with a little cleaning brush, goes for $7.99 on Amazon. Two are bent. Ecostraw.com sells a nice variety for all types of drinks. Pasta and wheat They may not be the longest lasting but many are no-GMO, fully biodegradable and come in wide sizes worthy of bubble tea. One version is called Hay! Straws and comes tall at 7.75 inches, in a cute box of 100, for $8. Shorter ones are also available. They’re made from wheat stems and are sold with a warning to sip through them, not ingest them. Another company calls itself, yes, Pasta Straw. It says it’s working on a gluten-free version. So what’s the draw? Well, Pasta Straws says on its web site that paper straws biode grade in 30 to 60 days. Pasta Straws do it overnight and are edible, the company said. A sample pack wrapped in paper with a company sticker includes 24 and goes for $7.99. The problem: Generally, pasta straws don’t last as long as, say, glass or metal. Upside, they don’t get soggy like paper straws. BUSINESS HIGHLIGHTS Jell-0 introduces its first edible slime Kids will soon be able to eat AND play with their food. Jell-0 Play on Thursday introduced edible slime. The squishy and stretchy toy is a social media phenomenon, which spawned online recipes for edible versions. Jell-0 Play’s slime comes in strawberry- flavored Unicorn and lime-flavored Monster varieties. All customers have to do is add water and each canister makes two batches of slime. The company says it easily washes away with soap and warm water. Jell-0 says it launched Jell-0 Play in the summer “to inspire families to engage in free play and fun.” Edible slime will be available in select retail ers in December or can be preordered online. Airbnb says revenue for 3Q was best ever, topping $1B Airbnb had its best quarter ever, even as cit ies across the U.S. have started clamping down on the short-term rental market. Revenue during the third quarter breezed past the $1 billion level as guest reservations boomed internationally in places like Beijing, Mexico City and Birmingham, England, the San Francisco company said Friday. Airbnb expects a record one million guests to stay at Airbnb listings across the U.S. during the Thanksgiving holiday. Airbnb acts as an online booking agent for homeowners to make extra income by renting rooms, apartments and houses. Its growth has drawn the ire of the hotel industry and commu nities in the U.S. and abroad, where locals are uneasy with the constant turnaround of guests in their neighborhoods and apartment buildings. In some markets, like New York and Miami, there is evidence home-sharing has cut into hotel profits, pushing some larger chains to get in on the action. Last month Marriott said it was expanding its home-sharing pilot in Lon don to three additional European cities, while Hyatt announced it was pulling out of a money losing collaboration with luxury home-sharing company Oasis. Many cities and states across the U.S. have tightened rental guidelines in order to regulate the rapidly growing industry. New York and Washington have both imposed strict limits on short-term rental companies, and housing- starved San Francisco has done the same, in addition to suing or fining homeowners who illegally rent their homes. In Europe, officials in top travel destinations are grappling with the massive growth in home sharing. Residents of Venice and Barcelona have staged protests, saying the influx of visi tors is driving up rents and forcing out locals. Parisians are complaining of the onslaught of tourists in their neighborhoods and buildings, late-night parties and drunken revelers. Associated Press The Market in Review Stock Exchange Highlights A NYSE f|| 12,400.28 +38.76 1 Nasdaq 7,247.87 -11.16 Gainers (S2 or more) Gainers ($2 or more) Name Last Chg %Chg Name Last Chg %Chg PG&E Cp 24.40 +6.66 +37.5 NatrIGroc 22.50 +5.84 +35.1 Edisonlnt 54.45 +7.26 +15.4 GSCI37 23.87 +2.52 +11.8 Switch n 8.73 +.86 +10.9 ClearwEn C17.99 +1.62 +9.9 CharahSol n 6.98 +.62 +9.7 ClearwEn A 17.75 +1.55 +9.6 SCETrpfJ 22.00 +1.87 +9.3 SCE Tr pfH 23.21 +1.96 +9.2 Losers ($2 or more) Tesaro 34.96 +8.37 +31.5 EMC Incs 31.25 +7.26 +30.3 AstaFd If 4.20 +.70 +20.0 AmCarM 83.98 +11.98 +16.6 CASIPhrh 4.10 +.58+16.5 ConcertPh 13.38 +1.88 +16.3 Purpllnv n 5.51 +.76+16.0 Hayneslntl 35.87 +4.50 +14.3 AEtem g rs 2.90 +.36 +14.2 Wilhelmina 6.00 +.74 +14.1 Losers ($2 or more) Name Last Chg %Chg Name Last Chg %Chg PrUltShN s 13.31 -3.39 -20.3 Dynagas 6.69 -1.07 -13.8 Nordstrm 50.93 -8.06 -13.7 WescoAir 9.77 -1.49 -13.2 QntmDSS rs 2.62 -.35 -11.8 WmsSon 53.76 -6.80 -11.2 SunlOnl n 3.84 -.46 -10.7 CopaHold 74.98 -8.90 -10.6 QuormHIn 4.03 -.46 -10.2 HarteHk rs 4.44 -.44 -9.0 Most Active ($1 on more) Name Vol (00) Last Chg Limbach n 6.05 -2.29 -27.5 PriorTcun 8.48 -2.85 -25.2 Gogo 5.00 -1.57 -23.9 scPhrma n 4.11 -.99 -19.4 Nvidia 164.43 -37.96 -18.8 HutChMd n 30.16 -6.44 -17.6 AcadiaHIt 32.55 -5.31 -14.0 PHI nv 4.29 -.63 -12.8 RiseEdCy n 9.01 -1.19 -11.7 Melinta rs 2.49 -.27 -9.8 Most Active ($1 or more) Name Vol (00) Last Chg GenElec 1757125 8.02 -.15 PG&E Cp 546036 24.40 +6.66 FordM 543812 9.05 -.26 BkofAm 524436 27.75 -.15 EnCana g 374574 7.62 -.15 ChesEng 330666 3.58 -.15 AT&T Inc 285914 30.29 +.17 Penney 248518 1.29 -.07 Sprint 239168 6.31 +.19 AXA EqH n233640 20.25 -.20 Diary 1,490 1,306 86 2,882 38 172 3,923,764,201 AMD 1121570 20.66 -.83 Qualcom 572946 55.88 +.49 Nvidia 490395 164.43 -37.96 Facebook 371378 139.53 -4.32 Apple Inc 361864 193.53 +2.12 Microsoft 334929 108.29 +1.01 SiriusXM 323638 6.27 -.05 Intel 314167 48.83 +.72 Cisco 310233 46.35 -.42 ApIdMatl 280655 35.40 +.38 Diary 1,451 1,431 183 3,065 29 130 2,337,646,667 Advanced Declined Unchanged Total issues New Highs New Lows Volume Advanced Declined Unchanged Total issues New Highs New Lows Volume Stocks of Local Interest YTD YTD Name Ex Div Yld PE Last Chg %Chg Name Ex Div Yld PE Last Chg %Chg AFLAC S 1.04 2.3 14 44.57 +.30 0.0 Hershey 2.89 2.6 24 109.15 +.74 -3.8 AT&T Inc 2.00 6.6 6 30.29 +.17 -22.1 HomeDp 4.12 2.3 19 177.02 -.34 -6.6 AXA EqH n .13 20.25 -.20 -5.3 Intel 1.20 2.5 18 48.83 +.72 +5.8 AbbottLab 1.12 1.6 31 72.04 +1.31 +26.2 IBM 6.28 5.2 9 121.57 +.13 -20.8 AMD 20.66 -.83+101.0 JohnJn 3.60 2.5 20 145.99 +1.49 +4.5 Altria 3.20 5.6 18 56.78 -.50 -20.5 Lowes 1.92 2.1 20 93.25 -.43 +.3 Apple Inc 2.92 1.5 23 193.53 +2.12 +14.4 McDnlds 4.64 2.5 28 187.59 +4.03 +9.0 ApIdMatl .80 2.3 10 35.40 +.38 -30.8 Merck 2.20 2.9 28 76.06 +1.22 +35.2 ATMOS 1.94 2.0 18 99.03 +.12 +15.3 MicronT 3 39.44 -.47 -4.1 AutoZone 18 827.99+17.95 +16.4 Microsoft 1.84 1.7 45 108.29 +1.01 +26.6 AveryD 2.26 2.4 27 93.91 +1.89 -18.2 NewAgeB n ... 4.29 +.43 +97.7 BB&T Cp 1.62 3.2 15 51.41 +.08 +3.4 NorflkSo 3.20 1.9 26 172.05 -.83 +18.7 BP PLC 2.38 5.8 12 40.84 -.32 -2.8 Nvidia .64 .4 31 164.43-37.96 -15.0 BkofAm .60 2.2 13 27.75 -.15 -6.0 OfficeDpt .10 3.2 9 3.10 -12.4 BarnesNob .60 8.7 6.92 ... +3.3 PG&E Cp 2.12 8.7 4 24.40 +6.66 -45.6 Boeing 6.84 2.0 31 335.95 -5.62 +13.9 Penney 22 1.29 -.07 -59.2 BrMySq 1.60 3.0 54 54.07 +.80 -11.8 PepsiCo 3.71 3.1 34 118.35 +1.55 -1.3 CSX .88 1.2 10 72.61 +.39 +32.0 Pfizer 1.36 3.1 17 43.51 +.30 +20.1 CampSp 1.40 3.6 13 38.65 -.47 -19.7 PhilipMor 4.56 5.3 21 86.33 +.50 -18.3 Caterpillar 3.44 2.6 12 129.96 +.54 -17.5 Primerica 1.00 .8 14 118.16 +.70 +16.4 ChesEng 6 3.58 -.15 -9.6 ProctGam 2.87 3.1 23 93.82 -.01 +2.1 Chevron 4.48 3.8 25 119.06 +2.11 -4.9 Qualcom 2.48 4.4 55.88 +.49 -12.7 Cisco 1.32 2.8 23 46.35 -.42 +21.0 RegionsFn .56 3.5 14 16.20 -.25 -6.3 Citigroup 1.80 2.8 11 64.95 +.35 -12.7 SiriusXM .05 .8 35 6.27 -.05 +17.0 CocaCola 1.56 3.1 95 50.17 +.43 +9.4 SouthnCo 2.40 5.1 22 46.89 +.31 -2.5 Comcast s .76 2.0 18 38.59 +.10 -3.3 SwstnEngy 6 5.39 -.06 -3.4 ConAgra .85 2.6 16 33.07 +.65 -12.2 Sprint 4 6.31 +.19 +7.1 Coty .50 5.5 9.09 +.38 -54.3 SunTrst 2.00 3.2 11 62.66 -.54 -3.0 Cummins 4.56 3.1 41 147.11 -.35 -16.7 SynovusFn 1.00 2.7 13 37.23 -.28 -22.3 Disney 1.68 1.4 16 116.19 -.92 +8.1 3M Co 5.44 2.6 29 209.00 +4.09 -11.2 DowDuPnt 1.52 2.6 19 59.19 +.46 -16.9 Torchmark .64 .7 7 86.40 -.12 -4.8 EnCana g .06 .8 13 7.62 -.15 -42.8 Tyson 1.20 2.0 11 60.22 +1.19 -25.7 Equifax 1.56 1.5 17 100.92 +1.29 -14.4 UtdCmBks .64 2.5 15 25.68 -8.7 ExxonMbl 3.28 4.2 15 78.96 +.77 -5.6 UPS B 3.64 3.3 19 110.09 +.55 -7.6 Facebook 26 139.53 -4.32 -20.9 VerizonCm 2.41 4.0 8 60.21 +1.13 +13.8 FordM .60 6.6 5 9.05 -.26 -27.5 Vodafone 1.74 8.9 19.60 -.27 -38.6 GenElec .48 6.0 8.02 -.15 -54.1 WalMart 2.08 2.1 23 97.69 -1.85 -1.1 GenuPrt 2.88 2.8 22 102.41 +.82 +7.8 Weathflntl .78 -.07 -81.3 HP Inc .64 2.7 9 24.16 -.01 +15.0 WeisMk 1.24 2.6 11 47.54 +.16 +14.9 Haverty .72 3.4 22 21.20 +.04 -6.4 WellsFargo 1.72 3.2 13 52.94 +.12 -12.7 HeliosM rs .02 ...-100.0 YumBrnds 1.44 1.6 32 88.89 +.10 +8.9 Stock Footnotes: g = Dividends and earnings in Canadian dollars, h = Does not meet continued-listing standards. If = Late filing with SEC. n = New in past 52 weeks, pf = Preferred, rs = Stock has undergone a reverse stock split of at least 50 percent within the past year, rt = Right to buy security at a specified price, s = Stock has split by at least 20 percent within the last year, un = Units, vj = In bankruptcy or receivership, wd = When distributed, wi = When issued, wt = Warrants. Fund Footnotes: m - Multiple fees are charged, usually a marketing fee and either a sales or redemption fee. Source: The Associated Press. Sales figures are unofficial. Stock Market Indexes Dow Jones industrials Close: 25,413.22 Change: 123.95 (0.5%) 24,760 10 DAYS 27,200 26,400 25,600 24,800 24,000 52-Week Net YTD 12-mo High Low Name Last Chg %Chg %Chg %Chg 26,951.81 23,242.75 Dow Industrials 25,413.22 +123.95 +.49 +2.81 +8.80 11,623.58 9,420.16 Dow Transportation 10,583.60 -31.70 -.30 -.27 +11.60 778.80 647.81 Dow Utilities 729.43 +14.41 +2.02 +.84 -3.78 13,637.02 11,820.33 NYSE Composite 12,400.28 +38.76 +.31 -3.19 +.79 8,133.30 6,630.67 Nasdaq Composite 7,247.87 -11.16 -.15 +4.99 +6.86 1,309.73 1,118.69 S&P 100 1,213.73 +1.14 +.09 +2.58 +6.90 2,940.91 2,532.69 S&P 500 2,736.27 +6.07 +.22 +2.34 +6.10 2,053.00 1,769.25 S&P MidCap 1,865.40 +2.37 +.13 -1.85 +1.34 30,560.54 26,293.62 Wilshire 5000 28,206.18 +47.32 +.17 +1.48 +5.28 1,742.09 1,436.43 Russell 2000 1,527.53 +3.41 +.22 -.52 +2.33 Mutual Funds Total Assets Total Return/Rank Pot Min Init Name Obj ($Mlns) NAV 4-wk 12-mo 5-year Load Invt Vanguard 500ldxAdmrl LB 247,729 253.36 -2.4 +7.8/B +11.0/A NL 10,000 Vanguard TtlSMIdxAdmrl LB 199,057 68.17 -2.7 +7.3/B +10.5/A NL 10,000 Vanguard TtlSMIdxinv LB 127,316 68.15 -2.7 +7.2/B +10.4/B NL 3,000 Vanguard TtlnSIdxinv FB 126,316 16.09 -2.7 -7.3/B +2.2/B NL 0 Vanguard TtlSMIdxIns LB 119,661 68.19 -2.7 +7.3/B +10.5/A NL 5 000,000 Vanguard Insldxlns LB 116,372 249.96 -2.4 +7.8/B +11.0/A NL 5 000,000 Vanguard InsidxInsPlus LB 101,648 249.98 -2.4 +7.9/B +11.0/A NL100,000,000 Vanguard TtlnSIdxinsPlus FB 94,240 107.64 -2.7 -7.2/B +2.3/B NL100,000,000 Fidelity Contrafund LG 91,385 12.60 -5.9 +6.1/D +11.5/B NL 0 Vanguard TtBMIdxAdmrl Cl 85,528 10.28 +0.2 -1.7/C +1.9/C NL 10,000 Fidelity 500ldxlnsPrm LB 84,712 95.88 -2.4 +7.9/B +11.0/A NL 0 Vanguard WlngtnAdmrl MA 84,654 71.87 -0.2 +4.3/A +7.6/A NL 50,000 Cl -Intermediate-Term Bond, FB -Foreign Large Blend, IH -World Allocation, LB -Large Blend, LG -Large Growth, LV -Large Value, MA -Moderate Allocation, WS -World Stock, Total Return: Chng in NAV with dividends reinvested. Rank: How fund performed vs. others with same objective: A is in top 20%, E in bottom 20%. Min Init Invt: Minimum $ needed to invest in fund. Source: Momingstar.