Newspaper Page Text
Jeff Gill | Business reporter
770-718-3408 | jgill@gainesvilletimes.com
The Times, Gainesville, Georgia
Thursday, November 29, 2018
BUSINESS
Romaine is available again
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RICHARD B. LEVINE I Tribune News Service
The US Centers for Disease Control and Prevention issued a warning to consumers last week not to eat romaine lettuce, and to
discard existing stock, due to a contamination with E. coli. This week, the FDA said romaine growers and shippers can resume
supplying retailers and the food industry as long as they identify where the produce was grown and when it was harvested.
Just pay attention to where and when it was grown
BY ROBERT RODRIGUEZ
Tribune News Service
Romaine lettuce is on its
way back to grocery stores.
About a week ago, the U.S.
Food and Drug Administra
tion warned consumers to stay
away from romaine lettuce
after an outbreak of E. coli was
linked to the leafy vegetable.
The outbreak caused 43 people
to become sick in 12 states and
22 people in Canada.
As part of its investigation,
the FDA determined the loca
tion of the outbreak to the
lettuce growing areas of the
Central Coast of California.
The region supplies a bulk of
the romaine during the sum
mer season. And since that sea
son is over and no new cases
of E. coli have been reported,
federal health officials are lift
ing their do-not-eat-romaine
recommendation, with a few
qualifiers.
Under a first-of-its-kind vol
untary agreement, the FDA
said romaine growers and
shippers can resume supplying
retailers and the food industry
as long as they identify where
the produce was grown and
when it was harvested.
The key factors are where
and when. The FDA and indus
try representatives want con
sumers to know that lettuce
harvested from the winter
growing lettuce regions have
not been linked to the recent
outbreak of E. coli. Those
regions include the Imperial
Valley, Coachella Valley and
the desert regions of Arizona
and Yuma as well as Florida
and Mexico.
The FDA also includes
hydroponic and greenhouse-
grown romaine lettuce.
What consumers need to
look for are labels or signs in
the grocery store showing that
the lettuce was picked after
Nov. 21 and is coming from
an area other than the Central
Coast. The FDA issued its rec
ommendation to pull romaine
out of the market Nov. 20.
If the lettuce package or box
does not have the voluntary
label, the FDA recommends
you should not eat it.
Local lettuce grower Tim
Baloian welcomes the new vol
untary label recommendation.
“This allows us to get back
into the market,” Baloian said.
“We started up again as soon as
we heard.”
Baloian, chief executive offi
cer of Baloian Farms, a lead
ing Valley produce company,
said this is the first time he
has seen a voluntary labeling
program used to identify a spe
cific growing region and time
of harvest.
Baloian Farms resumed
harvesting in the Coachella
Valley on Monday and will be
shipping the product across the
country soon, he said.
Prior to the new voluntary
program, Baloian was at risk
of tossing nearly 1,300 boxes of
romaine lettuce that was har
vested from a field in Fresno.
He is working on donating it to
a local food bank.
Americans
spent 11,000
years shopping
online Monday
BY TORY N. PARRISH AND
DAYSI CALAVIA-R0BERTS0N
Tribune News Service
The holiday shopping season kicked off
with record online spending while store vis
its and spending per person dipped, new data
shows.
U.S. consumers spent a record $7.9 billion
online on Monday, an increase of 19.3 per
cent over Cyber Monday last year, accord
ing to Adobe Analytics, a division of San Jose,
California-based software company Adobe
Inc.
In the 24-hour period, Americans spent a
combined 95 million hours, or the equivalent
of 11,000 years, on online shopping, Adobe
said. Adobe measures transactions from 80
of the top 100 U.S. online retailers.
While online sales surged, the period from
Thanksgiving through Cyber Monday also
was marked by a decline in the total number
of shoppers and store foot traffic, according
to National Retail Federation consumer sur
vey results released Tuesday:
The total number of people who shopped
— in-store only, online only or both — fell
from 174.6 million to 165.8 million.
The average spending per shopper was
$313.29, down from $335.47 last year.
The number of shoppers who made pur
chases only in stores declined 33 percent to
34.7 million, while the number who shopped
only online fell 29 percent to 41.4 million.
The Washington, D.C.-based trade group’s
data are based on a survey of 3,058 consum
ers about Thanksgiving weekend and Cyber
Monday shopping plans, and it was con
ducted Saturday and Sunday.
“But it will still be a strong holiday sea
son,” as consumers spread out their shop
ping throughout the season, said retail expert
Burt Flickinger III, who founded Manhattan-
based Strategic Resource Group and has
studied Long Island retail.
Several factors contributed to changing
shopping patterns over the five-day period,
including consumers’ recollection that the
best deals last year were offered during the
10 days before Christmas, Flickinger said.
Big purchases between this Thanksgiving
and Cyber Monday were clothing, gift cards
and toys that had been hard to find because
of the liquidation of Toys R Us, he said.
GM to discontinue Chevy Impala amid plant closures
PAUL MOSELEY I Tribune News Service
A1960 Chevrolet Impala Convertible is shown. GM plans to
stop production of the Impala as a part of its restructuring.
BY ERIC D. LAWRENCE
Tribune News Service
DETROIT — General
Motors plans to ax the
Chevrolet Impala as part of
its dramatic restructuring
announced this week, gin
ning up nostalgia for a vehi
cle name that first appeared
in the 1950s.
The Impala has been
called one of America’s
most iconic nameplates, but
after 10 generations, the cur
rent sedan appears to share
little but the name with its
ancestors even as it has had
some notable milestones in
the not-too-distant past.
These days, the Impala
appears to be a staple at
the rental car counter and a
long journey from the candy
apple red 1963 Impala with
11.5 miles on the odom
eter that drove grown men
to tears, as the Free Press
reported, when it appeared
this spring at Cobo Center as
part of Autorama.
John Wiley, an ana
lyst for the Hagerty Price
Guide, noted what appears
to mark a shift in the once-
classic vehicle’s pedigree
and its desirability among
enthusiasts.
“In 2006, the Chevrolet
Impala switched to a front-
wheel-drive platform, and
while some were available
with a V8, the model did
not stay as close to its roots
as cars like the Pontiac G8,
which remained rear-wheel-
drive. Consequently, the dis
continuation of the Impala
is unlikely to have a major
impact on the collectibility
of the current cars or the
older models,” according to
Wiley.
The Hagerty Price Guide
notes that “the most valu
able Impala is the 1963 Zll
Lightweight Sport Coupe
with a 427 (cubic inch dis-
placement)/430 hp V8, and
a #3 value of $282,000.”
That value represents a car
in good condition but not
necessarily one in perfect
condition. The same car in
the best possible condition
would be valued at $445,000,
according to the guide.
Still as recently as 2013,
the Impala, which shares
a name with a fleet-footed
antelope, was turning heads
and making a statement
as an example of Detroit’s
resurgence after the dark
days of the recession.
That year, Consumer
Reports raved about a 2014
redesign, which it described
as the “phoenixlike rise” of
the revamped Impala. The
magazine said the car was
its top rated sedan that year.
“It has been transformed
from a woefully uncom
petitive and outdated model
that was to be avoided even
as a free upgrade at the
rental-car counter into a
thoroughly modern and
remarkably enjoyable vehi
cle,” the magazine reported
then.
Still, the eyes show that
five years on, in the midst
of the cratering of the pas
senger car market, the pre
viously notable redesign
prompted the Pittsburgh
Post-Gazette to say a year
ago that it had become a
solid vehicle that deserves
an update. With automakers
abandoning their passenger
car models in favor of SUVs
and trucks, the writing, as
they say, was on the wall.
How times have changed.
The first Impala, a 1958
model, was actually the top
trim level for the Chevy Bel
Air, and its fins and robust
styling scream classic.
“Its success as a long,
wide, and luxurious family
sedan forced Chevy to sepa
rate it into its own model,
creating what was soon to
be America’s best-selling
full-size car. Over the years,
the Impala has made many
distinct styling impacts with
its wild rear ends and iconic
grilles,” according to an
article on “The Complete
History of the Chevrolet
Impala.”
Stock Exchange Highlights
ft
NYSE
12,417.63 +229.56
Gainers ($2 or more)
Name Last Chg %Chg
CheetahM 6.
MFC Bcp 5.
JJill n 5.
Atkorelnt n 21.
Ooma n 15.
Wayfair 104.
BurlStrs 167.
Zymewks n 13.
Salesforce140.
CooTek n 6.
64 +1.16
18 +.86
93 +.93
06 +3.16
60 +2.02
89 +13.29
56 +19.00
50 +1.50
64 +13.10
90 +.62
+21.2
+19.9
+18.6
+17.7
+14.9
+14.5
+12.8
+12.5
+10.3
+9.9
Losers (S2 or more)
Name
Last Chg %Chg
Chicos 4.79
PrUltShN s 11.00
Tiffany 92.54
AmTrF pfD 14.30
NavMFI pfH 6.86
Etr2xHomb 26.64
DxGlMBr rs 74.31
NaviosAc rs 6.67
CgpVelLCrd 13.15
UBS 3xLCr 12.60
-2.53 -34.6
-2.74 -19.9
-12.41 -11.8
-1.40
-.64
-2.43
-6.57
-.58
-1.11
-1.05
-8.9
-8.5
-8.4
-8.1
-8.0
-7.8
-7.7
Most Active ($1 on more)
Name Vol (00) Last Chg
GenElec
1242016
7.74
+.30
BkofAm
613412
28.43
+.69
Nabors
368743
3.54
-.11
ChesEng
335578
3.01
+.02
AT&T Inc
328573
30.74
+.30
FordM
322025
9.41
+.13
Chicos
296509
4.79
-2.53
Oracle
292170
48.19
+.75
FrptMcM
290818
11.97
+.73
Ambev
272411
4.31
+.09
Diary
Advanced
Declined
Unchanged
Total issues
New Highs
New Lows
Volume
2,305
522
70
2,897
41
193
3,881,187,214
Gainers ($2
Name Last
OR more)
Chg %Chg
GamngPtrs 13.13
Alliqua rs 2.66
Ferrogl n 2.26
NewAgeB n 4.43
SmaashEnt 4.00
AcadiaPh 20.53
Vaxart rs 3.20
RiotBIck 2.09
TymeTch n 3.20
AvalGIb n 2.40
+5.44 +70.8
+1.00 +60.2
+.46 +25.6
+.81 +22.4
+.70 +21.2
+3.53 +20.8
+.54 +20.1
+.32 +18.1
+.49 +18.1
+.30 +14.3
Losers ($2 or more)
Name
Last Chg %Chg
Arsanis n 3.06
Greenpro n 2.38
Rosehill un 4.20
ENDRAn 3.38
WinsFin 30.00
Kirklands 7.53
ParingaR n 6.73
ProtagTh n 6.30
Arcimoto n 2.02
PShtQQQ rs13.72
-1.06 -25.7
-.62 -20.7
-.80 -16.0
-.54 -13.8
-4.79 -13.8
-1.03 -12.0
-.75 -10.0
-.69 -9.9
-.22 -9.8
-1.42 -9.4
Most Active ($1 or more)
Name Vol (00) Last Chg
AMD 1341847
Microsoft 461292
Apple Inc 459140
MicronT 418510
Alliqua rs 394125
Facebook 286979
Intel 276594
Cisco 238327
SiriusXM 234950
eBays 219953
21.34 +.29
111.12 +3.98
180.94 +6.70
38.71 +1.71
2.66 +1.00
136.76 +1.76
48.86 +.79
47.29 +1.17
6.19 +.09
29.76 +1.02
Diary
Advanced
Declined
Unchanged
Total issues
New Highs
New Lows
Volume
2,317
614
146
3,077
36
146
2,329,204,249
Stocks of Local Interest
Name Ex
YTD
Div Yld PE Last Chg %Chg
AFLAC S
1.04
2.3
14
45.36
+.81
0.0
HeliosM rs
.02
100.0
AT&T Inc
2.00
6.5
6
30.74
+.30
-20.9
Hershey
2.89
2.7
23
106.65
+.04
-6.0
AbbottLab
1.12
1.5
31
72.83 +3.12 +27.6
HomeDp
4.12
2.3
19
177.43
+5.24
-6.4
AMD
21.34
+.29+107.6
Intel
1.20
2.5
18
48.86
+.79
+5.8
Alliqua rs
2.66 +1.00
+47.0
IBM
6.28
5.1
9
123.00
+2.97
-19.8
Altria
3.20
5.8
17
54.95 +1.16
-23.0
JohnJn
3.60
2.5
20
146.44
+3.22
+4.8
Apple Inc
2.92
1.6
18
180.94 +6.70
+6.9
Lowes
1.92
2.0
21
93.69
+2.05
+.8
ATMOS
1.94
2.0
18
97.63
-.79
+13.7
McDnlds
4.64
2.5
28
187.85
+3.22
+9.1
AutoZone
18
833.70
-1.53
+17.2
Merck
2.20
2.8
29
77.23
+.89 +37.2
AveryD
2.26
2.4
27
96.04 +3.10
-16.4
MicronT
3
38.71
+1.71
-5.9
BB&T Cp
1.62
3.2
15
50.93
-.02
+2.4
Microsoft
1.84
1.7
46
111.12
+3.98 +29.9
BP PLC
2.38
5.8
12
40.84
+.52
-2.8
Nabors
.24
6.8
3.54
-.11
-48.2
BkofAm
.60
2.1
13
28.43
+.69
-3.7
NewAgeB n ...
4.43
+.81+104.1
BarnesNob
.60
8.0
7.46
+.37
+11.3
NorflkSo
3.20
1.9
25
167.87
+5.07
+15.9
Boeing
6.84
2.1
31
333.50+15.47
+13.1
Nvidia
.64
.4
30
160.07
+6.34
-17.3
BrMySq
1.60
3.1
51
52.00
+.85
-15.1
OfficeDpt
.10
3.1
9
3.25
+.05
-8.2
CSX
.88
1.2
11
72.75
+2.34
+32.2
Oracle
.76
1.6
52
48.19
+.75
+1.9
CVS Health 2.00
2.5
14
80.27
+.77
+10.7
Penney
1.48
+.04
-53.2
CampSp
1.40
3.5
14
39.50
-.01
-17.9
PepsiCo
3.71
3.1
34
118.50
+2.06
-1.2
Caterpillar
3.44
2.6
12
130.77
+6.17
-17.0
Pfizer
1.36
3.0
18
44.90
+.83
+24.0
ChesEng
5
3.01
+.02
-24.0
PhilipMor
4.56
5.3
21
86.39
+1.34
-18.2
Chevron
4.48
3.8
24
118.14
+2.93
-5.6
Primerica
1.00
.8
14
118.27
+5.13
+16.5
Chicos
.34
7.1
6
4.79
-2.53
-45.7
ProctGam
2.87
3.1
23
93.01
+.29
+1.2
Cisco
1.32
2.8
24
47.29
+1.17
+23.5
RegionsFn
.56
3.4
14
16.43
+.17
-4.9
Citigroup
1.80
2.7
11
65.58
+2.12
-11.9
Salesforce
140.64+13.10
+37.6
CocaCola
1.56
3.1
94
49.71
+.34
+8.3
SiriusXM
.05
.8
34
6.19
+.09
+15.5
ConAgra
.85
2.6
16
32.43
+.16
-13.9
SouthnCo
2.40
5.2
22
46.12
+.03
-4.1
Cummins
4.56
3.1
41
148.56
+3.38
-15.9
SunTrst
2.00
3.2
11
63.09
+.03
-2.3
Disney
1.76
1.5
16
116.10
+2.20
+8.0
SynovusFn 1.00
2.7
13
37.55
+.42
-21.7
DowDuPnt
1.52
2.7
18
57.22
+.04
-19.7
3M Co
5.44
2.7
28
204.34 +3.65
-13.2
eBay s
13
29.76
+1.02
-21.1
Torchmark
.64
.7
7
87.89 +2.77
-3.1
EnCana g
.06
.9
12
6.89
+.02
-48.3
Tyson
1.20
2.1
10
56.99
-1.35
-29.7
Equifax
1.56
1.5
18
105.76
+2.76
-10.3
UtdCmBks
.64
2.5
15
25.49
+.20
-9.4
ExxonMbl
3.28
4.2
14
78.45
+1.40
-6.2
UPS B
3.64
3.2
19
113.55 +2.04
-4.7
Facebook
26
136.76
+1.76
-22.5
VerizonCm
2.41
4.0
8
60.06
-.59
+13.5
FordM
.60
6.4
5
9.41
+.13
-24.7
Vodafone
1.74
8.0
21.69
+.45
-32.0
FrptMcM
.20
1.7
8
11.97
+.73
-36.9
WalMart
2.08
2.1
56
97.46
+2.42
-1.3
GenElec
.48
6.2
7.74
+.30
-55.7
Weathflntl
.64
-.01
-84.7
GenuPrt
2.88
2.8
22
103.88
+1.87
+9.3
WeisMk
1.24
2.6
11
48.12
+.46
+16.3
HP Inc
.64
2.7
8
23.43
+.70
+11.5
WellsFargo 1.72
3.2
13
54.35 +1.16
-10.4
Haverty
.72
3.3
23
22.01
+.04
-2.8
YumBrnds
1.44
1.6
33
91.73 +2.26
+12.4
Name Ex
YTD
Div Yld PE Last Chg %Chg
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: 25,366.43
Change: 617.70 (2.5%)
25,520
24,880
24,240 10 DAYS
52-Week
High Low
Name
Last
Net
Chg
%Chg
YTD
%Chg
12-mo
%Chg
26,951.81
11,623.58
773.78
13,637.02
8,133.30
1,309.73
2,940.91
2,053.00
30,560.54
1,742.09
23,344.52
9,565.44
647.81
11,820.33
6,630.67
1.118.69
2.532.69
1,769.25
26,293.62
1,436.43
Dow Industrials
Dow Transportation
Dow Utilities
NYSE Composite
Nasdaq Composite
S&P 100
S&P 500
S&P MidCap
Wilshire 5000
Russell 2000
25,366.43
10,766.61
730.09
12,417.63
7,291.59
1,216.09
2,743.79
1,868.96
28,293.10
1,530.38
+617.70
+260.80
-.40
+229.56
+208.89
+29.54
+61.62
+35.88
+648.18
+37.52
+2.50
+2.48
-.05
+1.88
+2.95
+2.49
+2.30
+1.96
+2.34
+2.51
+2.62
+1.45
+.93
-3.05
+5.62
+2.78
+2.62
-1.66
+1.80
-.33
+5.96
+6.85
-4.88
-1.14
+6.85
+4.99
+4.48
-1.06
+3.68
-.77
Mutual Funds
Name
Total Assets
Obj ($Mlns) NAV
Total Return/Rank
4-wk 12-mo 5-year
Pet
Load
Min Init
Invt
Vanguard 500ldxAdmrl
LB 247,729
254.16
+3.4
+6.4/B
+10.9/A
NL
3,000
Vanguard TtlSMIdxAdmrl
LB 199,057
68.42
+3.5
+5.8/B
+10.5/A
NL
3,000
Vanguard TtlSMIdxInv
LB 127,316
68.39
+3.5
+5.7/B
+10.3/B
NL
3,000
Vanguard TtlnSIdxInv
FB 126,316
16.18
+3.5
-8.3/B
+2.3/B
NL
0
Vanguard TtlSMIdxIns
LB 119,661
68.43
+3.5
+5.8/B
+10.5/A
NL 5
000,000
Vanguard Insldxlns
LB 116,372
250.75
+3.4
+6.4/B
+10.9/A
NL 5
000,000
Vanguard InsIdxInsPlus
LB 101,648
250.77
+3.4
+6.5/A
+11.0/A
NL100,000,000
Vanguard TtlnSIdxInsPlus
FB 94,240
108.29
+3.5
-8.2/B
+2.4/A
NL100,000,000
Fidelity Contrafund
LG 91,385
12.72
+1.7
+5.3/D
+11.5/B
NL
0
Vanguard TtBMIdxAdmrl
Cl 85,528
10.27
0.0
-1.9/C
+1.9/C
NL
3,000
Fidelity 500ldxlnsPrm
LB 84,712
96.18
+3.4
+6.5/A
+11.0/A
NL
0
Vanguard WlngtnAdmrl
MA 84,654
71.98
+2.8
+3.0/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: Morningstar.
