Newspaper Page Text
ED BUSINESS
Jeff Gill | Business reporter
770-718-3408 | jgill@gainesvilletimes.com
The Times, Gainesville, Georgia
Thursday, November 22, 2018
CALIFORNIA WILDFIRES
TV, commercial production disrupted
Shooting locations suffer extensive damage, engulfed with smoke, inaccessible to film crews
BY DAVID NG
Los Angeles Times
Netflix’s teen drama series “13
Reasons Why” was in the midst of
shooting its third season in Vallejo
when the massive Camp fire and
other blazes broke out in Northern
California. The sets, which include
a sound stage on Mare Island,
weren’t touched by the conflagra
tions, but the pervasive smoke that
has shrouded much of the Bay Area
has forced the show to temporarily
halt shooting.
The Paramount-produced series
is one a number of TV and commer
cial shoots that have experienced
disruptions because of the fires
that have devastated California in
recent weeks. Some prime shooting
locations — including Paramount
Ranch, which serves as a set for
HBO’s “Westworld,” and the Peter
Strauss Ranch in Agoura Hills —
have experienced extensive dam
age, rendering them inaccessible to
crews. Large swaths of Malibu that
are popular filming sites are also
closed to production.
Location managers are used to
natural disasters in California, but
the scale of the fires and their effect
on production is unprecedented,
according to industry veterans. The
Woolsey fire in Malibu destroyed
more than 97,000 acres and killed
three people, while the Camp fire in
Butte County has consumed about
151,000 acres and killed 77 (hun
dreds of others missing).
“I don’t recall anything like
this,” said Amy Lemisch, execu
tive director of the California Film
Commission.
She said the commission, which
oversees filming permits for state-
owned lands, is currently unable
to issue permits for such popular
outdoor locations as Pacific Coast
Highway, Will Rogers State Historic
Park and numerous Malibu locales
such as Malibu Creek State Park
and Leo Carrillo State Park. Leo
Carrillo has served as a location on
numerous Hollywood films and TV
series, including the 1960s sitcom
“Gidget” and recent blockbusters
such as Universal’s “Furious 7.”
The commission said it had to
cancel about 30 filming permits for
TV shows, commercials and other
projects as a result of the fires.
Production insurance will typi
cally cover costs that resulted from
the cancellation of a film permit by
the local government, said Peter
Williams, global product lead at
Allianz Entertainment, which
provides film- and entertainment-
related insurance products. In
recent days, he said, “we have had
claims for loss of permit or access
to locations, particularly in the Mal
ibu region.”
Many productions were affected
even before they filed their official
permit applications.
The upcoming Netflix series
“Dead to Me” was scouting loca
tions around Malibu and Hidden
Valley in Ventura County when the
fires broke out.
“All five of the locations we
scouted that afternoon (and) eve
ning were under mandatory evacu
ation by the time we got back to the
studio,” said Debbie Page, a loca
tion manager on the CBS-produced
series.
“Fortunately for us, we are going
to be able to shoot in Hidden Valley
at one of the chosen locations, but
the director’s favorite choice in Mal
ibu seems like a pipe dream now.”
ISRAEL
Airbnb pulls out of West Bank,
prompting calls for a boycott
SHADI HATEM I Tribune News Service
A Jewish rights organization has called for a worldwide boycott of Airbnb for pulling its services
out of the West Bank, seen above.
‘We don’t expect Airbnb to be geo
political experts, but today’s draconian
and unjust move, which only empowers
extremists and terrorists, merits
only one response — taking our
community’s business elsewhere.’
Rabbi Marvin Hier and Rabbi Abraham Cooper
Simon Wiesenthal Center
BY HUGO MARTIN
Los Angeles Times
Airbnb, the hugely popu
lar home sharing operation,
pulled its services from the
disputed West Bank in Israel,
prompting a call by a Jew
ish rights organization in
Los Angeles for a worldwide
boycott.
Airbnb announced its deci
sion Monday to pull the plug
on about 200 listings for hous
ing in the West Bank, saying
the company had to consider
whether keeping the listings
puts guests and hosts at risk
and if the listings there con
tributed to “existing human
suffering.”
Israel took over the West
Bank in a 1967 war. The settle
ments there are now consid
ered illegal by international
law, though Israel disputes
this. Human Rights Watch
released a report in 2016, criti
cizing businesses that operate
in the West Bank, saying they
contribute to the violation of
Palestinian rights.
A representative for the
Palestinian Authority on
Monday praised the decision
by Airbnb, according to pub
lished news reports.
But Airbnb’s move was
quickly blasted by the Simon
Wiesenthal Center in Los
Angeles, which responded by
calling for a boycott of Airbnb
by its 400,000 members and
“Jews the world over.”
“We don’t expect Airbnb to
be geo-political experts, but
today’s draconian and unjust
move, which only empowers
extremists and terrorists, mer
its only one response — tak
ing our community’s business
elsewhere,” Rabbi Marvin
Hier, founder and dean of the
center, and Rabbi Abraham
Cooper, associate dean and
director of the center’s Global
Social Action Agenda, said in a
statement.
Hier and Cooper called
Airbnb’s decision “double
standard anti-Semitism pure
and simple,” and noted that
Airbnb has listings in territory
controlled by the Palestin
ian Authority, “which names
schools and shopping centers
in honor of mass murderers
who have killed innocent
civilians.”
Airbnb announced its
move on its blogpost, saying
it had struggled with the deci
sion for a while and had spo
ken to experts on both sides
of the debate.
“We know that people will
disagree with this decision
and appreciate their perspec
tive,” Airbnb said in the blog
post. “This is a controversial
issue. There are many strong
views as it relates to lands
that have been the subject of
historic and intense disputes
between Israelis and Palestin
ians in the West Bank. Airbnb
has deep respect for those
views.”
Contract talks on
American Airlines
agenda for 2019
BY CONOR SHINE
The Dallas Morning News
Two of American Airlines’ largest workforces
are looking to get a head start on negotiations
for their next contracts, with unions represent
ing pilots and flight attendants triggering early-
opener clauses to initiate talks in December
and January.
The requests set up a critical stretch for
American as it negotiates a new round of con
tracts outside the shadow of its 2011 bankruptcy
and 2013 merger with US Airways. Since the
start of 2014 American has seen a record run of
profits totaling $16.2 billion, but the carrier will
have to balance higher employee wages and
benefits with rising costs.
Leaders from the Allied Pilots Association,
which represents 15,000 American pilots, deliv
ered a letter to the company’s headquarters
Monday formally requesting the start of nego
tiations a year before its contract becomes
amendable in January 2020.
The Association of Professional Flight Atten
dants, which represents 27,000 American flight
attendants and whose contract becomes amend
able in December 2019, made a similar request
earlier this month.
Of particular focus for the unions will be
work rules affecting everything from schedul
ing to sick leave to hotel accommodations on
layovers.
American’s pilots and flight attendants have
raised concerns in recent months about the
company’s scheduling policies. Pilots have
questioned increasingly frequent changes to
their set schedules.
The pilots union told Bloomberg in a recent
report that the schedule changes _ which are
allowed under the current contract _ are caus
ing more pilot fatigue and hurting morale.
Monday’s announcement by the Allied Pilots
Association cited “improved schedule integ
rity” as one of the union’s top wishes in a new
contract.
TOM FOX I Tribune News Service
American Airlines will head into the new year
ready to discuss contract talks with pilots and
flight attendants.
The Market in Review
Stock Exchange Highlights
A NYSE
S 12,123.34 +74.69
1
Nasdaq
6,972.25 +63.43
Gainers (S2 or more)
Gainers ($2 or more)
Name
Last
Chg %Chg
Name
Last Chg %Chg
Qudian n 5.87 +1.58 +36.8
CalifRes rs 25.10 +3.93 +18.6
FootLockr 52.96 +6.87 +14.9
NLInds 5.01 +.58+13.1
JonesEngy rs2.35 +.27 +13.0
OiSAC 2.25 +.24 +11.9
GameStop 13.71 +1.43 +11.6
KosmosEn 5.84 +.57 +10.8
Puxin n 5.71 +.51 +9.8
CheetahM 9.36 +.82 +9.6
Losers ($2 or more)
Ability rs 5.55 +2.73 +96.8
TizianaLf n 10.59 +2.24 +26.8
KodiakSc n 9.77 +2.00 +25.7
KiniksaPh n 20.29 +3.95 +24.2
EssaPhgs 3.11 +.46+17.4
QAD A 46.61 +6.83 +17.2
BeacnRfg 32.81 +4.75 +16.9
Gamida n 11.47 +1.63 +16.6
QAD Inc B 35.00 +4.84 +16.0
TandmDrs 32.63 +4.18 +14.7
Losers ($2 or more)
Name
Last
Chg %Chg
Name
Last Chg %Chg
USCF ShOil 8.88 -.95 -9.7
CastlightH 2.49 -.26 -9.5
Caleres 28.29 -2.74 -8.8
DBGIbHY23150.81 -13.74 -8.4
DxRsaBr rs 17.77 -1.52 -7.9
DxSPOGBr rs10.15 -.87 -7.9
DirDGIBr rs 29.98 -2.52 -7.8
DxGlMBr rs 68.55 -5.60 -7.6
DrxNGBear rs29.92 -2.38 -7.4
Cementos 9.21 -.72 -7.3
Most Active ($1 on more)
Name Vol (00) Last Chg
GenElec 843860 781 +46
BkofAm 403459 27.27 -.11
AT&T Inc 303001 29.77 +.35
EnCana g 299459 7.39 +.33
FordM 258791 9.11 +.05
ChesEng 254794 3.26 +.06
Vale SA 250586 14.35 +.28
SwstnEngy 238805 5.25 +.20
Cemex 229823 4.68 -.20
Petrobras 204586 14.37 +.39
Diary
2,103
713
66
2,882
15
138
3,187,472,878
Sphr3D grs 4.20 -2.41 -36.5
AquestTh n 10.22 -2.97 -22.5
TenaxTh rs 2.90 -.70 -19.4
l-AMCap n 8.86 -1.14 -11.4
Onconvars 3.51 -.42 -10.7
FullHseR 2.32 -.25 -9.7
Dynatronic 2.56 -.27 -9.4
SilvrSun n 2.88 -.28 -8.9
NuCanan 17.67 -1.71 -8.8
Hexindai n 4.95 -.47 -8.7
Most Active ($1 or more)
Name Vol (00) Last Chg
AMD 814496 18.73 ^48
Ability rs 334131 5.55 +2.73
Apple Inc 310893 176.78 -.20
JD.com 291499 20.34 +.85
Microsoft 281219 103.11 +1.40
Nvidia 256129 144.71 -4.37
Facebook 253655 134.82 +2.39
SiriusXM 230875 6.04 +.17
MicronT 224130 36.38 +.26
Cisco 199096 44.89 +.40
Diary
2,151
731
178
3,060
9
106
1,811,434,948
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
44.39
+.10 0.0
Hershey
2.89
2.7
23
106.16
-.32
-6.5
AT&T Inc
2.00
6.7
6
29.77
+.35 -23.4
HomeDp
4.12
2.4
18
169.30
+.25
-10.7
AbbottLab
1.12
1.6
29
68.53
-.53 +20.1
Intel
1.20
2.6
18
47.03
-.36
+1.9
Ability rs
5.55 +2.73 +26.1
IBM
6.28
5.3
9
118.57
+1.37
-22.7
AMD
18.73
-.48 +82.2
JohnJn
3.60
2.5
20
141.99
-4.46
+1.6
Altria
3.20
5.9
17
54.39
-1.24 -23.8
Kinross g
21
2.69
+.08
-37.7
Apple Inc
2.92
1.7
21
176.78
-.20 +4.5
Lowes
1.92
2.2
19
88.37
+2.19
-4.9
ATMOS
1.94
2.0
18
97.72
-.48 +13.8
McDnlds
4.64
2.5
28
182.72
-.99
+6.2
AutoZone
18
819.21+26.10 +15.2
Merck
2.20
2.9
28
74.79
+.01
+32.9
AveryD
2.26
2.4
26
92.42
+.12 -19.5
MicronT
3
36.38
+.26
-11.5
BB&T Cp
1.62
3.2
15
50.42
-.52 +1.4
Microsoft
1.84
1.8
43
103.11
+1.40
+20.5
BP PLC
2.38
5.8
12
41.27
+1.17 -1.8
NorflkSo
3.20
1.9
25
166.25
+3.50
+14.7
BkofAm
.60
2.2
13
27.27
-.11 -7.6
Nvidia
.64
.4
27
144.71
-4.37
-25.2
BarnesNob
.60
8.6
6.94
+.44 +3.6
OfficeDpt
.10
3.2
9
3.16
+.28
-10.7
BarrickG
.12
.9
75
13.46
+.43 -7.0
Penney
1.32
+.03
-58.2
Boeing
6.84
2.2
30
317.32
-.38 +7.6
PepsiCo
3.71
3.2
33
115.28
-.72
-3.9
BrMySq
1.60
3.0
53
53.20
-.32 -13.2
Pfizer
1.36
3.2
17
43.10
-.43
+19.0
CSX
.88
1.3
10
70.21
+.99 +27.6
PhilipMor
4.56
5.4
20
83.95
-2.60
-20.5
CampSp
1.40
3.5
14
39.52
-1.03 -17.9
Primerica
1.00
.9
14
114.90
+2.34
+13.1
Caterpillar
3.44
2.8
12
123.87
+1.60 -21.4
ProctGam
2.87
3.1
23
91.41
-.69
-.5
ChesEng
5
3.26
+.06 -17.7
RegionsFn
.56
3.5
14
15.82
-.01
-8.4
Chevron
4.48
3.8
24
117.57
+1.47 -6.1
SiriusXM
.05
.8
34
6.04
+.17
+12.7
Cisco
1.32
2.9
23
44.89
+.40 +17.2
SnapIncAn ...
6.35
+.26
-56.5
Citigroup
1.80
2.9
11
62.87
+.34 -15.5
SouthnCo
2.40
5.3
22
45.63
-1.03
-5.1
CocaCola
1.56
3.2
92
48.73
-.65 +6.2
SwstnEngy
6
5.25
+.20
-5.9
Comcast s
.76
2.0
18
37.51
+.75 -6.0
Square n
62.62
+.80
+80.6
ConAgra
.85
2.6
16
32.89
-.34 -12.7
SunTrst
2.00
3.2
11
61.90
+.17
-4.2
Cummins
4.56
3.1
40
145.00
+1.83 -17.9
SynovusFn 1.00
2.8
13
36.29
+.36
-24.3
Disney
1.68
1.5
15
113.03
+1.16 +5.1
3M Co
5.44
2.7
27
198.69
-.46
-15.6
DowDuPnt
1.52
2.7
18
56.97
+.60 -20.0
Torchmark
.64
.7
7
86.10
+.43
-5.1
EnCana g
.06
.8
13
7.39
+.33 -44.6
Twitter
31.61
+.55
+31.7
Equifax
1.56
1.5
17
101.00
+.50 -14.3
Tyson
1.20
2.0
11
58.91
+.09
-27.3
ExxonMbl
3.28
4.2
14
77.56
+.59 -7.3
UtdCmBks
.64
2.5
15
25.21
+.11
-10.4
Facebook
25
134.82
+2.39 -23.6
UPS B
3.64
3.3
18
108.77
+.26
-8.7
FordM
.60
6.6
5
9.11
+.05 -27.1
VerizonCm
2.41
4.1
8
59.16
-.30
+11.8
FrptMcM
.20
1.8
7
11.41
+.53 -39.8
Vodafone
1.74
8.9
19.52
+.56
-38.8
GenElec
.48
6.1
7.81
+.16 -55.3
WalMart
2.08
2.2
54
94.17
+.01
-4.6
GenuPrt
2.88
2.9
22
100.01
+.49 +5.3
Weathflntl
.68
+.03
-83.7
HP Inc
.64
2.8
8
22.66
+.05 +7.9
WeisMk
1.24
2.7
11
45.82
+.01
+10.7
Haverty
.72
3.3
22
21.59
+.31 -4.7
WellsFargo 1.72
3.3
13
52.43
-.11
-13.6
HeliosM rs
.02
+.00-100.0
YumBrnds
1.44
1.7
31
87.03
-.16
+6.6
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: 24,464.69
Change: -0.95 (flat)
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
23,344.52
Dow Industrials
24,464.69
-.95
-1.03
+3.99
11,623.58
9,456.16
Dow Transportation
10,365.53
+152.59
+1.49
-2.33
+7.68
773.78
647.81
Dow Utilities
718.69
-8.96
-1.23
-.65
-5.15
13,637.02
11,820.33
NYSE Composite
12,123.34
+74.69
+.62
-5.35
-2.16
8,133.30
6,630.67
Nasdaq Composite
6,972.25
+63.43
+.92
+1.00
+1.53
1,309.73
1,118.69
S&P 100
1,171.29
+1.35
+.12
-1.00
+2.34
2,940.91
2,532.69
S&P 500
2.649.93
+8.04
+.30
-.89
+2.03
2,053.00
1,769.25
S&P MidCap
1,827.87
+19.95
+1.10
-3.83
-1.62
30,560.54
26,293.62
Wilshire 5000
27,345.48
+142.55
+.52
-1.61
+1.25
1,742.09
1,436.43
Russell 2000
1,488.28
+19.27
+1.31
-3.08
-1.88
26,280,
25,320
24,360 10 DAYS
Mutual Funds
Total Assets Total Return/Rank Pet Min Init
Name
Obj ($Mlns)
NAV
4-wk
12-mo
5-year
Load
Invt
Vanguard 500ldxAdmrl
LB
247,729
245.40
-4.1
+3.9/B
+10.3/A
NL
3,000
Vanguard TtlSMIdxAdmrl
LB
199,057
66.12
-3.9
+3.3/B
+9.9/A
NL
3,000
Vanguard TtlSMIdxInv
LB
127,316
66.09
-3.9
+3.2/B
+9.8/B
NL
3,000
Vanguard TtlnSIdxinv
FB
126,316
15.89
-2.1
-9.5/C
+2.0/B
NL
0
Vanguard TtlSMIdxIns
LB
119,661
66.14
-3.9
+3.3/B
+9.9/A
NL 5
000,000
Vanguard Insldxlns
LB
116,372
242.11
-4.1
+3.9/B
+10.3/A
NL 5
000,000
Vanguard InsidxInsPlus
LB
101,648
242.13
-4.1
+3.9/B
+10.3/A
NL100,000,000
Vanguard TtlnSIdxinsPlus
FB
94,240
106.30
-2.1
-9.4/B
+2.1/B
NL100,000,000
Fidelity Contrafund
LG
91,385
12.14
-6.9
+1.3/D
+10.8/B
NL
0
Vanguard TtBMIdxAdmrl
Cl
85,528
10.28
+0.4
-1.7/C
+2.0/C
NL
3,000
Fidelity 500ldxlnsPrm
LB
84,712
92.87
-4.1
+3.9/B
+10.3/A
NL
0
Vanguard WlngtnAdmrl
MA
84,654
70.86
-0.8
+2.4/A
+7.3/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.