SALISBURY POST
THURSDAY, MAY 6, 2010 • 5A
N AT I O N
Concerns about troubles in Europe causing headaches on Wall Street NEW YORK (AP) — The stock market extended its slide Wednesday after investors couldn’t shake their concerns about European countries’ big debt loads. The Dow Jones industrial average ended down about 59 points to put its two-day drop at 284. The Dow halved its loss by the close but finished off its high of the day. Treasury prices rose and pushed down interest rates in the bond market for a second day. A drop in the euro and a rise in the dollar continued to ram markets around the world. The stronger dollar hurts U.S. stocks by cutting into profits of U.S. companies that do business abroad. A higher dollar also hurts commodity prices by reducing demand from foreign buyers. Investors are concerned that a $144 billion aid pack-
age for Greece won’t be adequate to keep debt problems in Europe from spreading. There were also questions about whether the bailout would amount to more than a short-term fix for Greece. Investors don’t want the trouble in Greece to spill to other countries and disrupt a global rebound. Swings in global stock markets have intensified in the past week. Wednesday was the sixth time in seven days the Dow moved by more than 100 points. Investors have questions about Greece but they’re also awaiting the government’s April jobs report on Friday and monitoring Washington’s overhaul of the rules that govern financial companies. The problems in Greece are rattling the market partly because they are reminiscent of the subprime mort-
STOCKS OF LOCAL INTEREST Div
PE
CardnlHlt s .78f CitzSoBk .16 Culp Inc ... Delhaize 2.01e DukeEngy .96 FNB Utd ... FamilyDlr .62 Innospec ... KrispKrm ... Lance .64 Lowes .36 NorflkSo 1.36 Nucor 1.44 PiedNG 1.12f
Name
20 ... 28 ... 13 ... 17 49 ... 18 22 19 ... 19
YTD Last Chg %Chg 35.78 6.70 12.94 79.01 16.76 1.67 40.02 12.85 3.71 19.97 26.65 58.34 45.77 27.05
+.91 +.08 +.10 -2.54 +.05 +.09 +.59 -.50 ... -3.58 -.32 -.97 +.61 -.30
+11.0 +46.3 +29.7 +3.0 -2.6 +28.5 +43.8 +27.4 +25.8 -24.1 +13.9 +11.3 -1.9 +1.1
gage crisis in the U.S. that at first appeared contained. That bad debt cascaded through the world’s financial system and pushed the U.S. economy into recession at the end of 2007. German Chancellor Angela Merkel on Wednesday encouraged lawmakers in Berlin to rush the approval of Germany’s share of the
Name
Div
PE
YTD Last Chg %Chg
ProgrssEn 2.48
13 40.07 -.05
-2.3
RedHat
...
66 29.51 -.19
-4.5
...
18 16.58 -.22 +17.9
RexStrs ReynldAm
3.60
Ruddick SonocoP
11 53.55 +.09
+1.1
.48
20 35.04 -.25 +36.2
1.12f
19 32.69 -.56 +11.8
SpeedM
.40
... 16.05 -.13
SunTrst
.04
... 29.40 +.25 +44.9
UnivFor
.40
29 39.73 -1.73
+7.9
VulcanM
1.00
... 54.02 -1.48
+2.6
WellsFargo
.20
-8.9
problems won’t be easy. Riots erupted in Athens on Wednesday over tax hikes and government spending cuts that the International Monetary Fund and other European nations are requiring as part of the bailout. Three
people were killed in the protests. The Dow fell 58.65, or 0.5 percent, to 10,868.12. It had been up as much as 20 points and down nearly 112 points. The Dow is down 2.5 percent in two days.
CHINA GROVE
Market from 4 p.m.-7 p.m. at the China Grove Roller Mill, which is located at 308 North Main St. The town hopes to continue the Farmer’s Market through early fall. • Recognized Mary Jo Bop, town finance officer, who received certification as a local government finance officer and completed the Leadership Rowan Program. • Scheduled a budget session today at 6 p.m. in town hall. A public hearing is slated for June 1 to adopt the budget.
FROM 3A
13 32.66 -.23 +21.0
Greek rescue plan by Friday. Analysts say delays could bring more upheaval to global markets. Investors fear that if a tourniquet for Greece’s financial problems doesn’t hold, it would be harder to help larger countries like Spain and Portugal that also face big deficits. Fixing Greece’s financial
works to protect riders from inclement weather. The shelters would come at no cost to the town, Eller said. Since the town is going through renovations of its police and fire station, one of the shelters would need to wait until renovations are complete, she said. • Beginning Friday, the town will have a Farmer’s
Touching hearts, saving lives… All in a Day’s Work. Kimberly Misenheimer RN at Forsyth Hospital
To Our Favorite Nurse, Leisa Davenport, RN We Love You! Love, Kent, Amanda and Chowder Happy Nurses Day to our very own Nurse-To-Be, Chilly! From your co-workers
We’re very proud of you!
Happy Nurses Day, Gail Beasley! We Love Ya! Mickey, Sharon, Saylor & Jimmy
Love, Dad, Andrew, Hunter & Haley
Happy Nurses Day, Judy Seymore! May God continue to bless you! Love, Jeana & Joey
Celebrating Nurses Week S44306
Thank you to all of Autumn’s Awesome Nurses for your loving care and service to our residents.
Keeping The Promise To Those Who Served
Happy National Nurses Week! The
Shameka Jackson, LPN Gina Jones, LPN Ron Kostas, LPN Laura Lipe, LPN Diane Monroe, LPN Tammie Pagan, LPN Kandra Paysinger, LPN Joyce Pless, LPN Diana Wilson, LPN Trina Wertz, LPN Diana Wilson, LPN Donna Wilson, LPN
Best
W.G.(Bill) Hefner Department of Veterans Affairs Medical Center Salisbury, NC
WE WOULD LIKE TO EXPRESS OUR DEEP APPRECIATION TO OUR NURSING STAFF.
of Salisbury
“Dedicated to Service Above Self” Phone 704-637-5885 Fax 704-636-6974
Thank You For Your Compassion & Professionalism In Providing The Best Care For America’s Veterans!
S44305
www.autumncorp.com
Best
Care Careers
Autumn Care
1505 Bringle Ferry Road Salisbury NC
The
R119241
Jan Brown, DON Gina McRorie, ADON Johanna Poole, MDS Jessica Isbanioly, RN Judy Olivares, RN Amanda Pittman, RN Phyllis Bowers, RN Nancy Hopkins, RN Glenda Fuller, LPN Lucy Fulton, LPN Debra Hardin, LPN Lisa Hodge, LPN
HEALTH CARE CAREERS OF A LIFETIME
S45573
EOE
Autumn Care of Mocksville Celebrates
National Nursing Home Week
May 9th – 15th, 2010 Sunday, May 9th – Mother’s Day Tea Monday, May 10th – Nascar Day Tuesday, May 11th – Rodeo Day Wednesday, May 12th – Baseball Day Thursday, May 13th – Golf Day Friday, May 14th – Beach Day
“Personal & Caregiving”
Judy’s Private Duty Care, LLC
In Home Care ~ Hospital Care Assistance ~ Nursing Home Care Assistance
Judy R. Futrell
704/633-0069
To our loving and caring staff: Sarah Abernethy, Amber Ashleigh-Boone, Betty Smyth, Ellen Straub, Elaine Reece, Patricia Siebert, Richard & David Futrell
This week we invite all residents, staff, family members and our community to celebrate and discover ways to enrich every day. For more information please contact Angie Koontz at 336-751-3535.
1007 Howard St. Mocksville, NC 27028 S44298
(336) 751-3535
S45569
Thank You for all your hard work & dedication!
960 North First Street • Albemarle, NC 28001 704.983.4216 • 1.800.230.4236
Providing Comforting Care Since 1981
For the
Compassionate Care you give each day;
WE SAY THANKS! S45570