Posted on 2/4/17
Hanesbrands Shares Fall 16 Percent Following Below-expectations Sales Growth
Hanesbrands Inc. reported fourth-quarter net income of $157 million, falling short of analyst expectations despite increasing 31.8 percent from the same quarter a year ago, according . . .
Posted on 2/3/17
Management Matters: Shine the Spotlight on Your Team
New skills are almost always called for when you are a professional, no matter how experience you may be. It can be easy to learn what . . .
Posted on 2/3/17
Conduent To Lay Off 143 Employees In Charlotte
A business processes company will lay off 143 employees at its Charlotte location later this year, according to a notice filed with the state Commerce Department.
Posted on 2/3/17
Old Dominion Misses Earnings Estimates By 3 Cents
Trucking company Old Dominion Freight Line reported decreased earnings Thursday, down by 5.1 percent, that missed expectations due to economic conditions and pared back operations initiatives.
Posted on 2/2/17
Ingles Markets Reports 6.3 Percent Earnings Gain
Ingles Markets Inc., owner of 200 grocery stores across the Southeast, announced first quarter earnings on Thursday that were 6.2 percent stronger than earnings this time . . .
Posted on 2/2/17
Live Oak Bancshares Vice Chair William L. Williams Purchases Over $1M in Stock
William L. Williams, vice chairman and executive vice president of Live Oak Bancshares, Inc., purchased over $1 million of company stock earlier this week, according to . . .
Posted on 2/2/17
LendingTree CEO Douglas Lebda Profits $446,440 From Stock Sale
Douglas Lebda, the founder, chairman and CEO of LendingTree, sold another 4,000 shares of company stock, worth $446,440, according to a filing with the Securities and . . .
Posted on 2/2/17
Qorvo Projects Decline In Revenue But Beats Projections
Qorvo Inc., a semiconductor equipment company, announced a net loss of $78.6 million for its third fiscal quarter but beat analyst expectations.Revenue decreased to $826.3 million, . . .
Posted on 2/1/17
Tony Award-Winning Broadway Star Ben Vereen Brings His One-Man Show to Raleigh with the North Carolina Symphony
With a performing career spanning more than five decades, Ben Vereen joins the North Carolina Symphony for two shows in March.A triple-threat performer, singer, dancer, and . . .
Posted on 2/1/17
Buffett's Big Trump Era Bet
Welcome to the $12 billion issue of M&A DailyBerkshire HathawayBerkshire (BRK.A/BRK.B) substantially grew its equity portfolio after the US presidential election. They had slightly over $100 . . .
Posted on 1/31/17
CloudJumper Announces Channel Buildup Through Business Unit Acquisition
CloudJumper, a Workspace as a Service (WaaS) platform innovator for agile business IT, today announced the acquisition of an IT services business unit. Though financials have . . .
Posted on 1/31/17
Nucor Reports Q4 Earnings That Beat Expectations
Nucor Corp. announced Tuesday a fourth-quarter profit of $159.6 million, or 50 cents per share, beating analyst expectations due to higher prices.The Charlotte-based steel company reported . . .
Posted on 1/30/17
Asheville Savings Parent Posts Loss of $3.3 Million in Fourth Quarter
ASB Bancorp Inc., the parent of Asheville Savings Bank, reported a net loss of $3.3 million for the fourth quarter 2016, according to a filing with . . .
Posted on 1/31/17
Heart Math Tutoring Receives School Sponsorship-Level Grants from The Belk Foundation and Faison Enterprises
Heart Math Tutoring (Heart) – a nonprofit organization dedicated to helping students in high-poverty elementary schools develop math skills and academic confidence – wrapped up 2016 . . .
Posted on 1/29/17
ChannelAdvisor Named a Finalist in the 2017 Stevie Awards For Sales & Customer Service
RESEARCH TRIANGLE PARK, N.C.--(BUSINESS WIRE)--ChannelAdvisor Corporation (NYSE: ECOM), a leading provider of cloud-based e-commerce solutions that enable retailers and branded manufacturers to increase global sales, today . . .
Posted on 1/29/17
HomeTrust Bancshares Reports 21 Percent Increase in Earnings
The holding company for HomeTrust Bank reported a 21.8 percent increase in net income for the fourth quarterHomeTrust Bancshares Inc. filed a Form 8-K with the . . .
Posted on 1/28/17
SECU Members Extend Their Youth Financial Literacy Efforts with Additional Biz Kid$ Funding
RALEIGH, N.C., Jan. 27, 2017 (GLOBE NEWSWIRE) -- State Employees’ Credit Union (SECU) members are continuing their support of financial literacy for North Carolina’s youth by . . .
Posted on 1/27/17
Chimerix Executives See Raises in Compensation After Positive 2016
Chimerix Inc.’s executives will all see a rise in their base salary for fiscal year 2017, along with performance-based bonuses for 2016, according to a Securities . . .
Posted on 1/27/17
3 Reasons Trump Should Worry IoT Investors
IMAGE SOURCE: GETTY IMAGES.President Trump had his fair share of verbal scuffles with technology companies during his election campaign. But now that's he's the president, his . . .
Posted on 1/26/17
First Bank Earnings up 24 Percent, Anticipates Carolina Bank Closing in Q1
The holding company for First Bank, headquartered in Southern Pines, announced Thursday an increase in fourth quarter net income of nearly 24 percent.Earnings per share of . . .
Posted on 1/26/17
LendingTree CEO Douglas Lebda Sells an Additional $425,000 in Stock
Douglas Lebda, the founder, chairman and CEO of LendingTree, sold an additional 4,000 shares of company stock, worth $424,280, according to a filing with the Securities . . .
Posted on 1/26/17
Park Sterling Bank Income Grows 41 Percent, Meets Expectations
The holding company for Charlotte-based Park Sterling Bank reported a 41 percent increase in fourth-quarter profit following year-over-year growth in loan interest income of 40 percent.Park . . .
Posted on 1/26/17
Unifi Shares Drop After Exit From Profitable Joint Venture
Unifi Inc. shares fell by as much as 7.5 percent on Wednesday morning after the Greensboro-based company reported that earnings declined and that it had exited . . .
Posted on 1/26/17
Synchrony Financial and Belk Extend Consumer Financing Program Agreement
STAMFORD, Conn. & CHARLOTTE, N.C.--(BUSINESS WIRE)--Synchrony Financial (NYSE:SYF), a premier consumer financial services company, and Belk, a private department store company, today announced they have agreed . . .
Posted on 1/25/17
First Citizens BancShares Sees 23 Percent Increase in Q4 Profit
First Citizens Bancshares Inc., headquartered in Raleigh, reported a 23.4 percent increase in its fourth-quarter profit, driven by increased loans and deposits from acquisitions.The Raleigh-based financial . . .
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