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Scana Net Surges On Asset Sale But Weather Hurts - DOW JONES Newswires. By Mary Ellen Lloyd
July 01, 2003
Scana Corp.'s (SCG) second-quarter profits surged 85% as the South Carolina energy company recorded a gain related to the sale of its stake in a telecommunications company. Meanwhile, mild weather and higher wholesale natural gas prices damped earnings at the company's electric utility and natural gas pipeline business.

Hedging Bets - Business North Carolina. By Arthur O Murray.
January 01, 2002
That the market tumbled over the past 12 months came as no surprise to veteran stock pickers. Even before the Sept. 11 attacks on New York and Washington, a stagnant economy teetering on the edge of recession worried consumers and investors alike, pushing many stock buyers and sellers into defensive crouches.

Region's Pros Rekindle Ardor for Tech Stocks - WSJ - Southeast Journal. By Kelly Greene
July 05, 2000
Six regional analysts and money managers who made picks for The Wall Street Journal in March all chose so-called defensive plays. But the stocks fell 15% on average in the second quarter, even though there wasn't a technology stock in the bunch. In comparison, the first-quarter picks had fallen only 1% -- including several tech stocks chosen by a different set of pros.

After Rocky Quarter, Pickers Bet on Consumers - WSJ, Southeast Journal By Carrick MollenKamp
October 06, 1999
Just in time for Halloween, the third-quarter stock-picking session was decidedly scary. The six stocks selected by Southeastern analysts and money managers for The Wall Street Journal fell 16% on average.

Besides the Issues, Senators, Rivals Part Ways on Investments, Too - WSJ, Southeast Journal By Carrick MollenKamp
October 28, 1998
How well do Southeastern candidates seeking to manage the $500 billion federal budget run their own financial portfolios? It's a question The Wall Street Journal asked four investment experts about two U.S. Senators and their challengers running in next week's election.

How to Tell if a Firm Will Pay Cash, Not Lip Service, in Stock Buyback- WSJ, Southeast Journal By Carrick MollenKamp
October 21, 1998
With shares being hammered by a tumultuous market, it's stock buyback time in the Southeast.
Since Aug. 3, when the market began tumbling, 72 firms in the region have said they plan to buy back $2.8 billion of stock, according to CommScan, a New York securities-research firm. The theory is simple enough: The companies feel their shares are undervalued and that the best use of their cash is to buy them back. Such action automatically increases per-share earnings because there are fewer shares outstanding by which to divide net income. And higher per-share earnings can boost a company's sagging stock price.

Stock Pros Take Another Stab at Picks- WSJ, Florida Journal. By Karen L. Tippett
September 30, 1998
Halloween came early this year in a ghoulish third quarter. The seven stocks selected by the region's analysts and money managers for The Wall Street Journal were buried alive in a broad market sell-off. On average, they plunged a stunning 40.5% compared with a 7.5% decline in Standard & Poor's 500-stock index through Monday. In this group, there were only laggards, with price drops ranging from 56% to 30%.

Formation of Jolley Asset Management, LLC
September 03, 1998
Frank G. Jolley is pleased to announce the formation of Jolley Asset Management LLC, an investment advisory firm located in Rocky Mount, N. C. The firm will provide investment management services for both individual and institutional clients. Jolley Asset Management will seek to provide a high level of service and personal attention in helping its clients reach their financial goals and objectives. "Selecting an investment adviser is one of the most important financial decisions an individual can make and the decision should not be taken lightly. It is our desire to make the process a pleasant one, where the individual will have personal contact and interaction with the portfolio manager," said Frank Jolley.

Centura Equity Growth Fund Receives Five Star Rating From Morningstar - Centura Press Release
September 03, 1998
Centura Funds and Centura Bank today announced that the Centura Equity Growth Fund Class C, Institutional Shares received Morningstar's top rating of five stars. The rating is based on the Fund's s overall investment performance for the three year period ended August 31, 1997. The Fund ranked 374th for its three year performance among 2,092 domestic equity funds rated by Morningstar.