Lance shares post another big gain
Most Charlotte-area stocks gained ground Friday, with Lance Inc. rising $1.83 to close at $23.13. The Charlotte snack maker (NASDAQ:LNCE) announced a merger yesterday with Snyder’s of Hanover Inc. and will pay a one-time dividend of $3.75.
The Dow Jones Industrials gained 102 points Friday to close at 10,425.
Among key public companies in the Charlotte area:
•Mooresville-based Lowe’s Cos. Inc. (NYSE:LOW) closed at $21.11, up 28 cents.
•Piedmont Natural Gas Co. Inc. (NYSE:PNY) closed at $26.60, up 35 cents.
•Nucor Corp. (NYSE:NUE) closed at $39.84, up 17 cents.
•SPX Corp. (NYSE:SPW) closed at $58.28, up $1.16.
•Charlotte-based Bank of America Corp. (NYSE:BAC) closed at $13 installment payday loans.74, up 8 cents.
•Wells Fargo & Co. (NYSE:WFC), San Francisco parent of Charlotte-based Wachovia Bank, closed at $27.42, up 3 cents.
•Concord-based Speedway Motorsports Inc. (NYSE:TRK) closed at $13.92, up 32 cents.
•Cato Corp. (NYSE:CATO) closed at $22.86, up 53 cents.
•Goodrich Corp. (NYSE:GR) closed at $70.92, up $1.15.
•Family Dollar Stores Inc. (NYSE:FDO) closed at $39.47, up 76 cents.
Among local stocks of note, only Duke Energy Corp. (NYSE:DUK) declined Friday. It closed at $16.94, down 16 cents.