Posted on 12/21/16
Trump Picks ExxonMobil CEO for Secretary of State
President-elect Donald Trump recently named Rex Tillerson, CEO of ExxonMobil (NYSE:XOM), to be his nominee for secretary of state.In this clip from Industry Focus: Energy, Sean . . .
Posted on 12/21/16
Institutional Investor Agrees to Buy $25 Million in TransEnterix Stock
A Chicago-based institutional investor has agreed to purchase up to $25 million in stock in a Research Triangle Park company developing robots for minimally invasive surgery.The . . .
Posted on 12/21/16
Frank Drendel Sells $10 Million in Stock
The founder and current chairman of CommScope Holding Co. sold more than $10.2 million in company stock during the past two trading days.Frank Drendel, who founded . . .
Posted on 12/20/16
Tanger CEO Steven Tanger Receives Base Salary Increase
The CEO and president of Tanger Factory Outlet Centers recently renewed his employment agreement with the company that raises his base salary, according to a Securities . . .
Posted on 12/20/16
Wilson Glass Plant to Temporarily Lay Off 150 Employees
Ardagh Glass, which manufactures glass packaging for food and beverage products, will temporarily lay off 150 employees at its Wilson, North Carolina plant, according to a . . .
Posted on 12/20/16
Will Donald Trump's Win Ruin Christmas for Retailers?
Before the election, the nation held holiday spending in check, waiting to see whether Donald Trump or Hillary Clinton would claim the White House. That was . . .
Posted on 12/20/16
Krispy Kreme Doughnuts Meets Nutella; Has Little to Say
A terse :30 online video, breaking this week, introduces Krispy Kreme Doughnut's newest, called the "Nutty Cocoa Ring, topped with Nutella(r)." The campaign is by advertising . . .
Posted on 12/19/16
Trump And His Cabinet Picks Will Put U.S. Oil On Steroids
source: Stock PhotoPresident-elect Donald Trump has been as clear as he can be concerning his energy policy, and he is backing up his strategy with a . . .
Posted on 12/18/16
SPX FLOW Announces Amendment to US$1.35 Billion Senior Secured Credit Facilities
SPX FLOW, Inc. (NYSE: FLOW) today announced that it has completed an amendment to its US$1.35 billion senior secured credit facilities which, among other things, provides . . .
Posted on 12/18/16
Xerium Announces Exchange Offer
YOUNGSVILLE, N.C.--(BUSINESS WIRE)--Xerium Technologies, Inc. (NYSE:XRM), a leading global provider of industrial consumable products and services, today announced a plan to exchange $480 million aggregate principal . . .
Posted on 12/18/16
Ingles Markets, Incorporated Reports Sales and Net Income for Q4 and Full Fiscal Year
ASHEVILLE, N.C.--(BUSINESS WIRE)--Ingles Markets, Incorporated (NASDAQ: IMKTA) today reported total sales of $3.79 billion for fiscal 2016 compared with $3.78 billion in fiscal 2015. For the . . .
Posted on 12/16/16
Management Matters: Do You Lead Leaders?
Are you a leader leading other leaders?At its most basic - leading is setting direction and guiding others to follow that direction. A critical skill for . . .
Posted on 12/15/16
Sears to Lay Off 325 Workers in High Point
Sears Holdings will be closing its call center facility in High Point and laying off 325 workers starting in January 2017, according to a notice filed . . .
Posted on 12/14/16
Square 1 Bank Announces Credit Facility to TVA Medical, Inc.
AUSTIN, Texas, Dec. 14, 2016 (GLOBE NEWSWIRE) -- Square 1 Bank, a division of Pacific Western Bank, today announced that it has provided a $7 million . . .
Posted on 12/13/16
CBW Formed as Joint Venture Between CarterBrothers Services and Williams Industrial Services Group
EAST POINT, Ga., Dec. 13, 2016 (GLOBE NEWSWIRE) -- CarterBrothers Williams announced its formation as a contractual joint venture between Williams Industrial Services Group, a wholly-owned . . .
Posted on 12/12/16
A 'Trump Bump' Instead Of A 'Trump Slump' Makes Chumps Out Of Stock Market Experts
It wasn't just political experts who looked bad after Donald Trump's recent victory. Stock market forecasters also looked bad. Most predicted that if Trump won, it . . .
Posted on 12/12/16
How Is the Unemployment Rate Related to Inflation?
There's clear proof that the U.S. economy is headed in the right direction. Last week, the U.S. Labor Department reported that the unemployment rate dropped in . . .
Posted on 12/12/16
Heat Biologics Shares Fall to Lowest Level Since August
Heat Biologics Inc. stock ended the trading week down 5.59 percent at 97 cents per share, the lowest since Aug. 1, when shares closed at 91 . . .
Posted on 12/12/16
Total Quality Logistics to Bring 70 Jobs to High Point
Total Quality Logistics LLC will open a new facility in High Point, announced North Carolina Gov. Pat McCrory and the Economic Development of North Carolina.TQL intends . . .
Posted on 12/12/16
CompuCom Establishes New Global Headquarters in Lancaster County, South Carolina
COLUMBIA, S.C.--(BUSINESS WIRE)--CompuCom Systems, Inc. (CompuCom®), a leading technology infrastructure services company, today announced the company is locating its new global headquarters operations in Lancaster County. . . .
Posted on 12/12/16
UNCSA Announces $10 Million Gift to Establish Institute for Performance Innovation
The University of North Carolina School of the Arts (UNCSA) has received an anonymous gift of $10 million, the largest gift the school has received from . . .
Posted on 12/9/16
Independent Audiobook Publisher Hopes To Raise $250,000
A North Carolina-based audiobook publishing business has filed to raise $250,000, according to a filing with the Securities and Exchange Commission.Spoken Word Inc. filed a Form . . .
Posted on 12/8/16
North Carolina Symphony’s New “Candlelight Christmas” Concert Evokes a Christmas Eve Service
For decades, our community has celebrated the holiday season with the North Carolina Symphony (NCS). This year, the Symphony offers an opportunity for a new holiday . . .
Posted on 12/8/16
First Tennessee Earns National Awards for Small Business Banking
Greenwich Associates Best Brand Awards honor excellence in the marketplaceFirst Tennessee Bank has been recognized by Greenwich Associates in the 2016 Greenwich Best Brand Awards for . . .
Posted on 12/7/16
Taiwan-based Everest Textiles to Add 610 Jobs in Rutherford County
Taiwan-based Everest Textile USA will create 610 jobs with a new manufacturing facility in Rutherford County, according to a news statement released Tuesday afternoon.The company, which . . .
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