Posted on 7/21/17
Insteel Industries Stock Falls 14 Percent as it Reports Lower Earnings, Revenue
Insteel Industries, the nation’s largest manufacturer of steel wire reinforcing products for concrete construction, announced third quarter earnings fell by more than 48 percent due to . . .
Posted on 7/21/17
Paragon Bank Parent Reports Lower Earnings Ahead of Acquisition
The parent company of Raleigh-based Paragon Bank reported a slight decrease in second quarter earnings due to an increase in its loan loss reserves.Paragon Commercial Corp. . . .
Posted on 7/20/17
Waterstone Defeasance Closes on a $14 Million CMBS Loan
CHARLOTTE, N.C., July 20, 2017 (GLOBE NEWSWIRE) -- Waterstone Defeasance recently closed a defeasance transaction for a $14 million CMBS loan, secured by a multifamily property . . .
Posted on 7/20/17
14 Millennial Statistics That Will Blow You Away
What do you think of when you hear the term "millennials?" The U.S. Census Bureau defines the millennial generation as people born between 1982 and 2000 . . .
Posted on 7/19/17
HomeTrust Bancshares Initiates SBA and Equipment Finance Commercial Lines of Business
ASHEVILLE, N.C., July 19, 2017 (GLOBE NEWSWIRE) -- HomeTrust Bancshares, Inc. (NASDAQ:HTBI) the holding company of HomeTrust Bank, has announced the initiation of new SBA and . . .
Posted on 7/17/17
KS Bancorp Board Statement
SMITHFIELD, N.C., July 17, 2017 (GLOBE NEWSWIRE) -- The Board of Directors of KS Bancorp, Inc. (OTCBB:KSBI) has received written communications from First Citizens BancShares, Inc. . . .
Posted on 7/13/17
Albemarle CEO Kissam Profits More Than $4 Million by Exercising Options
The chief executive officer of Charlotte-based chemicals manufacturer profited more than $4.3 million last week by exercising stock options and then selling the stock, according to . . .
Posted on 7/13/17
Qorvo CEO Bruggeworth Profits $1.1 Million by Exercising Options
The president and chief executive officer of Greensboro-based Qorvo Inc. profited $1.1 million by exercising options and then selling stock, according to a filing with the . . .
Posted on 7/13/17
Can Duke Keep Up With Peers?
Duke Energy (NYSE:DUK) is one of the largest regulated utilities in the country, and it is in the middle of transforming itself. Following the acquisition of . . .
Posted on 7/10/17
Loyola University Maryland Joins Hundreds of Higher Education Institutions Installing JAGGAER’s Full Spend Solutions Suite
RESEARCH TRIANGLE PARK, N.C., July 10, 2017 (GLOBE NEWSWIRE) -- JAGGAER, provider of the world’s most comprehensive Source to Pay (S2P) solution suite, today announces that . . .
Posted on 7/10/17
sweetFrog Reopens on Hilton Head Island
Hilton Head, SC, July 10, 2017 (GLOBE NEWSWIRE) -- sweetFrog Enterprises, LLC. is pleased to announce the reopening of its location on Hilton Head Island, SC. . . .
Posted on 7/11/17
24 Foundation Announces 2017 Grant Beneficiaries
24 Foundation today announced its 2017 grant recipients that the organization and two of its signature events – 24 Hours of Booty presented by Levine Cancer . . .
Posted on 7/10/17
June Employment Update: Growth Forecast On Track; S&P Valuations Rich
Economic CompositeI updated my economic composite to reflect the release of the U.S. Labor Department's employment report on July 7. The report showed an increase in . . .
Posted on 7/7/17
Management Matters: Can Managers Create a Foundation for Ethical Action?
Most managers say that they behave in a legal, ethical, and moral manner in the conduct of their professional work. They are aware that client protection . . .
Posted on 7/7/17
7 CEOs Who Practically Work for Free
IMAGE SOURCE: GETTY IMAGES.It's nearly impossible for any of us to imagine earning just $1 a year for the work that we do, but many CEOs . . .
Posted on 7/6/17
Continental Realty Corp. Sells 60,499 SF Shopping Center In Raleigh, North Carolina For $10.1M
Continental Realty Corporation (CRC), a Baltimore-based real estate investment and management company, has
Posted on 7/6/17
MIL Named Winner of South Carolina Top Workplaces Award
The MIL Corporation (MIL), a midsized government contractor, has been awarded a 2017 Top Workplaces honor by Integrated Media Publishing. The Top Workplaces lists are based . . .
Posted on 7/6/17
Carey International Launches Carey Limousine Service in Charlotte
Carey International, Inc., the leading provider of innovative chauffeured service solutions, customer-centric travel technology, and ground transportation logistics management, announced today that it is expanding its . . .
Posted on 7/6/17
High Point-based VTV Therapeutics Threatened with Delisting
A High Point, North Carolina-based drug development company has been threatened with having its stock being delisted by Nasdaq because its market capitalization does not exceed . . .
Posted on 7/5/17
RumbleOn Authorizes Sale of Class B Shares
RumbleOn Inc., a Charlotte-based online retailer of used motorcycles, authorized investors to sell nearly all of the company’s Class B shares, according to a Securities and . . .
Posted on 7/4/17
Amundi Combines Pioneer Investments and Amundi Smith Breeden to Launch Amundi Pioneer in the U.S.
BOSTON & DURHAM, N.C.--(BUSINESS WIRE)--Amundi announced today that it is combining Pioneer Investment Management USA Inc., in Boston with its existing U.S. business, Amundi Smith Breeden . . .
Posted on 6/30/17
Is Warren Buffett About to Become Bank of America's Biggest Shareholder?
In his 2016 letter to Berkshire Hathaway's (NYSE:BRK-A) (NYSE:BRK-B) shareholders, Warren Buffett said he would exercise Berkshire's warrants to buy 700 million shares of Bank of . . .
Posted on 6/29/17
INC Research Grows Presence in Japan with Office Expansion and Relocation
RALEIGH, N.C., June 28, 2017 (GLOBE NEWSWIRE) -- INC Research Holdings, Inc. (Nasdaq:INCR), a leading, global Phase I to IV contract research organization (CRO), today announced . . .
Posted on 6/26/17
The Scone Shop Expands Throughout Southeast
The Scone Shop’s frozen, ready-to-bake scones are gaining more Southern exposure and can now be found in the freezer section at eight new locations in the . . .
Posted on 6/26/17
Management Matters: A 3-Legged Stool Can Replace the Status Quo
Has your organization gotten to a point where the status-quo – that place where things stay the same — doesn’t feel competitive or energizing? Senior management . . .

