Newspaper Page Text
BD BUSINESS
Nate McCullough | News Editor
770-718-3431 | news@gainesvilletimes.com
The Times, Gainesville, Georgia
Thursday, June 27, 2019
They come from outer space
MICHAEL WYKE I Associated Press
Ryan Zeigler, Apollo sample curator, left, stands next to a nitrogen-filled case displaying various lunar samples collected during
Apollo missions 15,16 and 17, inside the lunar lab at the NASA Johnson Space Center Monday, June 17, in Houston.
NASA opening moon rock samples sealed since Apollo missions
BY MARCIA DUNN
Associated Press
HOUSTON — Inside a locked vault
at Johnson Space Center is treasure few
have seen and fewer have touched.
The restricted lab is home to hun
dreds of pounds of moon rocks col
lected by Apollo astronauts close to a
half-century ago. And for the first time
in decades, NASA is about to open some
of the pristine samples and let geologists
take a crack at them with 21st-century
technology.
What better way to mark this sum
mer’s 50th anniversary of humanity’s
first footsteps on the moon than by shar
ing a bit of the lunar loot.
“It’s sort of a coincidence that we’re
opening them in the year of the anniver
sary,” explained NASA’s Apollo sample
curator Ryan Zeigler, covered head to
toe in a white protective suit with match
ing fabric boots, gloves and hat.
“But certainly the anniversary
increased the awareness and the fact
that we’re going back to the moon.”
With the golden anniversary of Neil
Armstrong and Buzz Aldrin’s feat fast
approaching — their lunar module
Eagle landed July 20,1969, on the Sea of
Tranquility — the moon is red-hot again.
After decades of flip-flopping between
the moon and Mars as the next big astro
naut destination, NASA aims to put astro
nauts on the lunar surface again by 2024
at the White House’s direction. Presi
dent Donald Trump prefers talking up
Mars. But the consensus is that the moon
is a crucial proving ground given its rela
tive proximity to home — 240,000 miles
(386,000 kilometers) or two to three days
away.
Zeigler’s job is to preserve what the 12
moonwalkers brought back from 1969
through 1972 — lunar samples total
ing 842 pounds (382 kilograms) — and
ensure scientists get the best possible
samples for study.
Some of the soil and bits of rock were
vacuum-packed on the moon — and
never exposed to Earth’s atmosphere
— or frozen or stored in gaseous helium
following splashdown and then left
untouched. The lab’s staff is now try
ing to figure out how best to remove
the samples from their tubes and other
containers without contaminating or
spoiling anything. They’re practicing
with mock-up equipment and pretend
lunar dirt.
Compared with Apollo-era tech,
today’s science instruments are much
more sensitive, Zeigler noted.
“We can do more with a milligram
than we could do with a gram back then.
So it was really good planning on their
part to wait,” he said.
The lunar sample lab has two side-by-
side vaults: one for rocks still in straight-
from-the-moon condition and a smaller
vault for samples previously loaned out
for study. About 70 percent of the origi
nal haul is in the pristine sample vault,
which has two combinations and takes
two people to unlock. About 15 percent
is in safekeeping at White Sands in New
Mexico. The rest is used for research or
display.
Of the six manned moon landings,
Apollo 11 yielded the fewest lunar sam
ples: 48 pounds or 22 kilograms. It was
the first landing by astronauts and NASA
wanted to minimize their on-the-moon
time and risk. What’s left from this mis
sion — about three-quarters after scien
tific study, public displays and goodwill
gifts to all countries and U.S. states
in 1969 — is kept mostly here at room
temperature.
Etsy aesthetic
comes to brick
and mortar
BY MARIA HALKIAS
Tribune News Service
Retail and real estate entrepreneurs are turn
ing former big box stores into places where cot
tage industries can find customers.
It’s a physical world response to what Etsy.
com has done for home-based businesses nation
wide since it launched in 2005 with a focus on
handmade and vintage items.
These general merchandise stores sell the
same types of products and often use the old
retail term “mercantile” or the more current
one popularized by Amazon, “marketplace,” in
their names.
When you slap a name like mercantile on a
store, “you can sell virtually anything, and we
do,” said Clare Freeman, general manager of
the Richardson Mercantile, a 55,000-square-foot
store that used to be a Whole Foods Market in
Richardson, Texas. It has a sister store in the
Dallas-Fort Worth metroplex, Frisco Mercantile.
It’s a growing niche retail business across the
U.S. in suburbs and tourist towns, and it’s not an
antique mall, if that’s what you’re thinking.
Instead, think boutique quality folk art and
one-of-a-kind items made from wood, metal,
glass, ceramics and fabrics. Some are for gifts
and home decor. There’s vintage apparel and
new items from budding retailers displaying
their ability to curate merchandise.
Lone Star Mercantile, founded in 2017 by two
local couples, uses barcodes and point-of-sale
software that allows vendors to be absent while
their customers shop and pay at a common
checkout at the front of the store.
The stores represent “a chance for artisans to
tell a story in a 10-by-10-foot booth, or larger, and
for customers to find a one-of-a-kind item,” said
retail consultant Ric Anderson during an inter
view at the Lone Star Mercantile in Allen.
Little Rock-based Painted Tree Marketplace
has expanded into Texas and is also opening in
places like Franklin, Tenn., which is a day trip
from Nashville. The Painted Tree’s flagship store
in Arkansas is in an old car dealership. Its North
Richland Hills store is in a former Office Depot.
The Painted Tree Marketplace in Highland Vil
lage was a Kroger and another one opening in
Mansfield in November will fill a long-vacant
Sports Authority.
“People have told us they think of the store
as if Etsy.com had come to life,” said Tina Pem
berton of McKinney, who co-owns and oper
ates Lone Star Mercantile with Heather Cox of
Melissa, Texas.
Many of their 200 tenants work out of their
homes and garages, she said. The way it works,
the tenants pay rent and keep their booths
stocked. The store checks out their customers
and receives a percentage of sales. Lone Star
also hosts events during the year, including after-
hours parties for groups.
Trump attacks Federal Reserve, says he ‘made’ Powell
BY MARTIN CRUTSINGER
Associated Press
WASHINGTON — President
Donald Trump is keeping up his
attacks on Federal Reserve Chair
man Jerome Powell, saying he
“made” Powell but now would like
to trade him in for Mario Draghi,
the head of the European Central
Bank.
In an interview on the Fox
Business Network, Trump said
Wednesday “we should have
Draghi” instead of Powell because
of Draghi’s announcement last
week that he was prepared to pro
vide more stimulus if necessary
to support the lagging European
economy.
Trump said that in contrast, Pow
ell was “sucking (money) like from
a vacuum cleaner,” a reference to
the Fed’s efforts to lower its hold
ings of Treasury bonds.
The president said of
Powell, “Here’s a guy
nobody ever heard of him
before and now, I made
him and he wants to show
how tough he is.”
Trump selected Powell
to be Fed chairman after
deciding not to nominate
Janet Yellen for a second
four-year term. Powell, a
Republican, had been nominated to
the Fed’s seven-member board by
Barack Obama,
Powell took over as chairman in
February 2018. As the Fed kept rais
ing interest rates last year, Trump
increased his criticism of the
central bank and Powell. Trump
has complained that last
year’s four rate hikes sent
the stock market into a
nosedive in December as
investors feared the Fed’s
tightening could push the
country into a recession.
The Fed switched course
in January and declared
it was prepared to be
“patient” before chang
ing rates again, a move
that bolstered the stock market
until rising trade tensions between
the United States and China again
raised recession fears last month.
Last week, the Fed left rates
unchanged and signaled that it was
prepared to begin cutting rates if
needed to protect the economy
from trade battles and other risks.
In his interview Wednesday,
Trump did not acknowledge the
Fed’s change in policy. Before last
week’s meeting, he had pressured
the central bank to begin cutting
rates immediately and suggested
that he might demote Powell as
chairman if the Fed did not follow
his advice.
In his interview Wednesday,
Trump insisted he had the right to
demote Powell or to fire him, some
thing that legal experts dispute.
They contend that Powell can only
be removed for malfeasance in
office, not for a policy dispute. Pow
ell’s term as chairman runs until
February 2022.
Trump said one reason he’s
unhappy with the Fed’s rate hikes
was that it raises the cost of borrow
ing for the federal government.
“I want to pay it off,” Trump said
of the debt, a pledge he had made
during the 2016 presidential cam
paign. The growth of the $22 trillion
national debt has accelerated under
Trump whose last budget projected
annual deficits would top $1 trillion
beginning this year.
Trump’s latest Fed attack came
a day after Powell made his most
extensive comments on the Fed’s
need for political independence to
do its job.
Trump
Stock Exchange Highlights
1
NYSE
12,912.01 -24.63
A Nasdaq
7.909.97 +25.25
Gainers ($2 OR MORE)
Name Last Chg %Chg
AerohiveN
QEP Res
B&N Ed n
EnscoR rs
Seadrill n
KeyEngy
Omnova
CSS Inds
ChaparrE n
Synnex
4.44
7.11
3.59
8.46
3.94
2.15
6.20
5.25
4.23
99.38
+1.25 +39.2
+.98 +16.0
+.45 +14.3
+.85 +11.2
+.39 +11.0
+.21 +10.8
+.55 +9.7
+.40 +8.2
+.32 +8.2
+7.36 +8.0
Losers (S2
Name Last
OR MORE)
Chg %Chg
ArcusBio n
Care.com
ClipRIty n
Pyxuslnt
Qudian n
CapSenL
BlackBerry
ScullyRoy
US Cellular 43.60
EmpOP250 14.44
7.29
11.20
10.95
14.83
7.38
4.42
7.56
13.32
-2.18
-2.89
-1.70
-2.21
-1.08
-.44
-.73
-1.19
-3.39
-1.00
■23.0
■20.5
■13.4
■13.0
■12.8
-9.1
-8.8
-8.2
-7.2
-6.5
Losers ($2 or more)
Name Last Chg %Chg
Most Active
($1 or more)
Name Vol (00) Last Chg
Petrobras
BkofAm
AbbVie
Pfizer
ChesEng
VICI Pr n
GenElec
FordM
Ambev
AT&T Inc
582406
422961
420722
384361
379567
361440
341097
331701
270881
269065
15.86 -.12
27.91 +.15
68.00 +2.30
42.99 -.77
1.91 +.08
21.58 -.22
10.27 +.05
9.91 +.07
4.70 -.05
32.53 -.02
Diary
Advanced
Declined
Unchanged
Total issues
New Highs
New Lows
Volume
1,464
1,289
79
2,832
62
55
3,383,431,502
Gainers ($2 or more)
Name Last Chg %Chg
MaraPt hrs 3.45
HF Foods n 32.20
Overstk
VirTra n
InovioPhm
Myriad G
PriorityTc
Genocea rs
RiotBIck
EltekLtd rs
13.50
2.84
3.02
26.52
7.92
4.03
3.79
4.44
+.78 +29.2
+6.93 +27.4
+2.74 +25.5
+.50 +21.4
+.50 +19.8
+3.85 +17.0
+1.14 +16.8
+.52 +14.8
+.49 +14.8
+.53 +13.6
SSLJ.cm If 2.07
GbIBIdT n 54.10
GWG Hldgs 6.78
Akerna 20.56
ModMedn 10.43
Ascendis n108.88
ContraV rs 4.14
Neuronet n 10.80
XeneticB rs 8.30
Precipio rs 2.68
.33
-8.33
-1.01
-2.64
-1.15
■11.77
-.44
-1.13
-.86
-.27
■13.6
■13.3
■13.0
■11.4
-9.9
-9.8
-9.6
-9.5
-9.4
-9.2
Most Active
($1 or more)
Name Vol (00) Last Chg
MicronT 1000712
AMD 642222
CaesarsEnt456680
Apple Inc 260430
Microsoft 236469
JD.com 233844
Intel 218246
Cisco 192826
SiriusXM 192715
Comcast s 173603
37.04 +4.36
29.92 +1.06
11.62 +.06
199.80 +4.23
133.93 +.50
30.14 +1.64
48.19 +1.34
56.60 +.52
5.53 -.01
42.11 -.64
Diary
Advanced
Declined
Unchanged
Total issues
New Highs
New Lows
Volume
1,464
1,501
125
3,090
29
85
2,033,061,880
Stocks of Local Interest
YTD
Name Ex Div Yld PE Last Chg %Chg
AFLAC s
1.08
2.0
17
54.24
-.71
+19.1
Hershey
2.89
2.2
29
134.15
-3.05
+25.2
AT&T Inc
2.04
6.3
6
32.53
-.02
+14.0
HomeDp
5.44
2.6
21
206.42
+1.68
+20.1
AbbottLab
1.28
1.5
50
82.96
-1.28
+14.7
Intel
1.26
2.6
16
48.19
+1.34
+2.7
AbbVie
4.28
6.3
11
68.00 +2.30
-26.2
IBM
6.48
4.7
14
138.52
+.16
+21.9
AMD
29.92 +1.06
+62.1
JohnJn
3.80
2.7
23
141.85
-2.39
+9.9
AerohiveN
4.44 +1.25
+36.2
Legacy Rs h ...
.06
-.01
-96.2
Altria
3.20
6.7
15
47.94
-.84
-2.9
Lowes
2.20
2.2
22
99.24
+1.02
+7.4
Apple Inc
3.08
1.5
20
199.80 +4.23
+26.7
McDnlds
4.64
2.3
31
204.55
-1.16
+15.2
ATMOS
2.10
2.0
19
104.08
-3.85
+12.3
Merck
2.20
2.6
31
83.54
-1.70
+9.3
AutoZone
191086.60
11.23
+29.6
MicronT
4
37.04
+4.36
+16.7
AveryD
2.32
2.1
32
110.35
-1.58
+22.8
Microsoft
1.84
1.4
30
133.93
+.50
+31.9
BB&T Cp
1.62
3.4
12
48.08
-.25
+11.0
NorflkSo
3.44
1.8
20
192.79
+.53
+28.9
BP PLC
2.44
5.8
12
42.08
+.22
+11.0
OfficeDpt
.10
5.4
5
1.86
+.03
-27.9
BkofAm
.60
2.1
11
27.91
+.15
+13.3
Penney
1.14
+.07
+9.6
BarnesNob
.60
9.0
6.66
-.05
-6.1
PepsiCo
3.82
2.9
15
132.32
-1.49
+19.8
BarrickGId
16
15.86
-.15
+33.8
Pfizer
1.44
3.3
17
42.99
-.77
-1.5
Boeing
8.22
2.2
35
374.94 +5.62
+16.3
PhilipMor
4.56
5.9
16
77.38
-1.44
+15.9
BrMySq
1.64
3.7
15
44.92
-.85
-13.6
Primerica
1.36
1.1
14
118.87
-.10
+21.7
CSX
.96
1.3
20
76.18
+.09
+22.6
ProctGam
2.87
2.6
25
109.73
-1.99
+19.4
CaesarsEnt ...
11.62
+.06
+71.1
RegionsFn
.56
3.9
11
14.43
+.04
+7.8
CampSp
1.40
3.5
15
40.46
-.58
+22.6
SiriusXM
.05
.9
28
5.53
-.01
-3.2
Caterpillar
3.44
2.5
12
135.15 +1.44
+6.4
SlackTc n
37.19
+1.99
-3.7
ChesEng
3
1.91
+.08
-9.0
SnapIncAn ...
14.71
+.18+167.0
Chevron
4.76
3.8
17
123.93
+.29
+13.9
SouthnCo
2.48
4.5
26
54.98
-1.00
+25.2
Cisco
1.40
2.5
25
56.60
+.52
+30.6
Sprint
4
6.56
-.27
+12.7
Citigroup
1.80
2.7
10
67.22
+.68
+29.1
SunTrst
2.00
3.2
11
61.58
-.28
+22.1
CocaCola
1.60
3.1
96
51.12
-.64
+8.0
SynovusFn 1.20
3.6
9
33.50
+.24
+4.7
ConAgra
.85
2.9
16
28.93
+.04
+35.4
3M Co
5.76
3.4
24
171.88
-.15
-9.8
Cummins
4.56
2.7
47
168.91
+.06
+26.4
Torchmark
.69
.8
7
87.58
-.67
+17.5
DPW Hldg
.38
+.21
-81.3
Transocn
6.39
+.20
-7.9
Disney
1.76
1.3
19
140.40
+.46
+28.0
Tyson
1.50
1.9
14
79.52
-.45
+48.9
Dupont rs
8
73.84
-.29
0.0
UtdCmBks
.68
2.5
16
27.65
+.02
+28.8
EnCana g
.07
1.4
9
5.04
+.23
-12.8
UPS B
3.84
3.8
17
99.97
+2.84
+2.5
Equifax
1.56
1.2
23
131.10
+.12
+40.8
VICI Pr n
1.00
4.6
58
21.58
-.22
+14.9
ExxonMbl
3.48
4.5
18
76.60
+.33
+12.3
Vereit
.55
6.2
8.94
-.29
+25.0
FordM
.60
6.1
8
9.91
+.07
+29.5
VerizonCm
2.41
4.2
7
56.99
-1.01
+1.4
FuelCell rs
.18
+.02
-97.3
Vodafone
1.01
6.3
15.95
+.26
-17.3
GenElec
.04
.4
10.27
+.05
+35.7
WalMart
2.12
1.9
63
110.16
-.56
+18.3
GenuPrt
3.05
3.0
19
101.95
-1.42
+6.2
WeisMk
1.24
3.5
9
35.93
-.16
-24.8
HP Inc
.64
3.1
6
20.79
+.19
+1.6
WellsFargo 1.80
3.9
10
45.80
-.34
-.6
Haverty
.72
4.3
17
16.77
-.28
-10.7
YumBrnds
1.68
1.5
39
110.12
-.19
+19.8
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: 26,536.82
Change: -11.40 (flat)
27,000
26,000
25,000
24,000
23,000
26,920 10 DAYS
26,440
25,960*
D J
F
M
A
M
J
52-Week
Net
YTD
12-mo
High
Low
Name
Last
Chg
%Chg
%Chg
%Chg
26,951.81
21,712.53
Dow Industrials
26,536.82
-11.40
-.04
+13.76
+10.03
11,623.58
8,636.79
Dow Transportation
10,176.79
+66.88
+.66
+10.97
-1.50
829.25
681.85
Dow Utilities
804.66
-16.74
-2.04
+12.87
+12.93
13,261.77
10,723.66
NYSE Composite
12,912.01
-24.63
-.19
+13.52
+4.03
8,176.08
6,190.17
Nasdaq Composite
7,909.97
+25.25
+.32
+19.21
+6.24
1,311.46
1,041.66
S&P 100
1,288.83
+.22
+.02
+15.71
+8.74
2,964.15
2,346.58
S&P 500
2,913.78
-3.60
-.12
+16.23
+7.93
2,053.00
1,565.76
S&P MidCap
1,898.62
-2.71
-.14
+14.17
-2.27
30,560.54
24,129.49
Wilshire 5000
29,892.22
-34.86
-.12
+16.09
+5.95
1,742.09
1,266.93
Russell 2000
1,517.78
-3.26
-.21
+12.55
-7.48
Mutual Funds
Name
Total Assets
Obj (SMIns) NAV
Total Return/Rank
4-wk 12-mo 5-year
Pet
Load
Min Init
Invt
Vanguard 500ldxAdmrl x
LB
257,672
268.76
+3.3
+9.1/B
+10.5/A
NL
3,000
Vanguard TtlSMIdxAdmrl
LB
210,681
72.12
+2.9
+7.3/C
+10.0/B
NL
3,000
Fidelity 500ldxlnsPrm
LB
183,845
101.67
+3.3
+9.2/B
+10.5/A
NL
0
Vanguard TtlnSIdxInv
FB
136,686
16.79
+3.8
-0.2/C
+2.1/B
NL
0
Vanguard TtlSMIdxIns
LB
130,348
72.13
+2.9
+7.3/C
+10.0/B
NL
5,000,000
Vanguard TtlSMIdxInv
LB
129,659
72.09
+2.9
+7.2/C
+9.8/B
NL
3,000
Vanguard InsIdxInsPlus
LB
108,815
263.74
+3.3
+9.2/B
+10.5/A
NL 100,000,000
Vanguard Insldxlns
LB
108,047
263.72
+3.3
+9.1/B
+10.5/A
NL
5,000,000
Vanguard TtlnSIdxInsPlus
FB
104,550
112.32
+3.8
-0.1/B
+2.3/B
NL 100,000,000
Vanguard TtBMIdxAdmrl
Cl
97,926
10.90
+1.8
+7.7/A
+2.8/A
NL
3,000
Fidelity Contrafund
LG
90,267
13.02
+3.3
+6.4/D
+12.3/B
NL
0
Vanguard WlngtnAdmrl
MA
85,706
70.97
+2.2
+9.8/A
+7.4/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 reinvest
ed. 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.