Posted on 12/2/18
Culp Beats Earnings Projections by Small Margin Despite Battle with Chinese Importers
Culp Inc. reported earnings that beat expectations with small margin despite decline in mattress fabric sales as lower-priced Chinese imports disrupted the domestic business.Net income fell . . .
Posted on 12/2/18
Reser’s Fine Foods will Create 79 Jobs in Halifax County Over Next Five Years
Food manufacturer Reser’s Fine Foods will expand in Halifax County and create 79 jobs over the next five years, Gov. Roy Cooper announced Thursday.The company will . . .
Posted on 11/30/18
Management Matters:The Best Ways to Vet Outside Expertise
In many organizations, the last month of the year is when they both look back at the previous year and plan for the coming one. No . . .
Posted on 11/30/18
IQVIA Launches Secondary Public Offering and Repurchase of Common Stock
DANBURY, Conn., & RESEARCH TRIANGLE PARK, N.C.--(BUSINESS WIRE)--IQVIA Holdings Inc. (NYSE: IQV) announced today the launch of an underwritten, secondary public offering of 6,000,000 shares of . . .
Posted on 11/29/18
Advance Auto Parts’ New Raleigh HQ Will Have $1B Impact on State Economy
Advance Auto Parts Inc. is relocating its corporate headquarters to Raleigh and plans on adding up to 435 new jobs over five years in Wake County.The . . .
Posted on 11/28/18
Triangle Apartment Portfolio Purchased by PGIM RE and Carroll
PGIM Real Estate and Carroll Organization have purchased three housing multifamily portfolios, one of which includes property in Raleigh, Durham, Cary and Carrboro, for an undisclosed . . .
Posted on 11/28/18
Why General Motors Is Cutting Over 14,000 Workers
A day after General Motors (NYSE:GM) announced a massive restructuring that will likely eliminate over 14,000 jobs in the U.S. and Canada, analysts and pundits are . . .
Posted on 11/27/18
Charlotte-based Orano Federal Services Announces 15 Layoffs
Orano Federal Services LLC, announced plans to lay off 15 employees, according to a notice filed with the North Carolina Department of Commerce.Orano Federal Services, formerly . . .
Posted on 11/27/18
Analysts: North Carolina’s Black Friday Sales Should Mirror National Expectations
Anna Wilson despises Black Friday.However, Wilson, a student at Tulane University, procrastinated in finding a dress for her sorority’s semiformal. With the event being one week . . .
Posted on 11/27/18
Martin Marietta: A Play On Construction Sector Tailwinds, Despite One-Off Dampeners
SummaryMLM sees a strong Q3, despite being impacted by weather related issues.Segment performance remain strong owing to presence in markets with high demand and pricing power, . . .
Posted on 11/26/18
Restaurant Franchisor Chanticleer to Pay New President a $250,000 Salary
National restaurant franchising company Chanticleer Holdings Inc. agreed to a $250,000 salary-based compensation plan with its new president Frederick Glick, according to a filing with the . . .
Posted on 11/26/18
Maplewood Senior Living Partners With Live Living Network
Maplewood Senior Living, a leading provider of luxury senior residences, has teamed up with the Live Living Network to offer live and interactive educational and entertainment . . .
Posted on 11/26/18
BMC Stock Holdings Announces $75 Million Stock Repurchase Program
RALEIGH, N.C., Nov. 26, 2018 (GLOBE NEWSWIRE) -- BMC Stock Holdings, Inc. (Nasdaq: BMCH), one of the leading providers of diversified building products, services and innovative . . .
Posted on 11/24/18
Icagen’s CEO Richard Cunningham and Chief Scientific Officer Douglas Krafte Receive Raises
Icagen Inc., a drug development company, approved raises for the company’s CEO and President Richard Cunningham and Chief Scientific Officer Douglas Krafte, according to a filing . . .
Posted on 11/21/18
Ford and Volkswagen Alliance Could Aid Each Stock
A Ford and Volkswagen alliance to develop commercial vehicles potentially could aid both iconic auto makers to enhance their efficiency and to help them compete with . . .
Posted on 11/20/18
Lowe’s Reports Q3 Earnings that Miss Estimates
Home improvement retailer Lowe’s Cos. reported third-quarter earnings on Tuesday that missed analyst expectations due to its restructuring.The company reported net earning of $629 million, or . . .
Posted on 11/20/18
North State Reports 75.5 Percent Increase in Q3 Earnings
North State, a technology company based in High Point, reported a 75.5 percent increase in third quarter earnings due to revenue growth in information technology services, . . .
Posted on 11/20/18
BB&T Committing To Tech Over M&A To Drive Growth
SummaryBB&T management has made it clear that its growth plans are centered around organic growth, driven by ongoing investment and innovation in tech-driven services and automation.Regulatory . . .
Posted on 11/20/18
One Better Ventures Pumps $7M into Vermont Hemp Farm
Raleigh-based One Better Ventures continued to show how high it is on the hemp industry with a $7 million equity investment in a Vermont hemp farming . . .
Posted on 11/18/18
Pyxus Settles with the SEC on Charges of “Insufficient” Practices
Pxyus International Inc. reached a settlement with the Securities and Exchange Commission following an order from the federal agency regarding the company’s inventory and accounting processes . . .
Posted on 11/18/18
First Citizens Expanding Banking Presence in Miami with Deal
First Citizens Bank and Trust Co. is beefing up its Florida presence with the acquisition of a banking company in Miami, according to a filing with . . .
Posted on 11/18/18
N.C. Unemployment Rate Drops Below National, Approaching Record Lows
North Carolina’s state unemployment rate dropped to 3.6 percent in October, dipping below the national rate for the first time in over a year, according to . . .
Posted on 11/16/18
PrecisionLender Ranked Number 378 Fastest Growing Company in North America on Deloitte’s 2018 Technology Fast 500
Attributes 205% Percent Revenue Growth to commercial banks’ need to rebuild the brain of the bank Ken Garcia PrecisionLender, the world's leading provider of applied banking . . .
Posted on 11/16/18
Management Matters: Up Your Risk/Reward Ratio
There are many kinds of risks you can take: Everyone in the meeting agrees and don’t.Speak up or stay silent? Burned out at work, the thought . . .
Posted on 11/16/18
Duke Energy: In It For The Long Haul
SummaryDuke Energy provides a risk-averse investment opportunity.The company displays strong business advantages.Duke Energy offers an attractive dividend for a reasonable price.(Source: Google Images)Research into the domestic . . .
Charlotte Raleigh
