Posted on 11/15/18
Qorvo Lowers Revenue, Earnings Expectations Due to Weak iPhone Demand
Qorvo Inc.’s struggles this month continued after the Greensboro, North Carolina-based semiconductor company lowered its third quarter 2019 projections in response to weak demand for iPhones, . . .
Posted on 11/15/18
Precision BioSciences and MaxCyte Enter into Clinical and Commercial License Agreement
Precision BioSciences (Precision) and MaxCyte today announced they have entered into a non-exclusive, clinical and commercial license agreement that will allow Precision to use MaxCyte's Flow . . .
Posted on 11/15/18
Erickson Realty and Moving Services Helps Those Moving to the Largest County in North Carolina
According to U.S. Census figures released in July, Mecklenburg County is the largest county in the state, with a population of nearly 1.1 million. The county’s . . .
Posted on 11/15/18
RumbleOn Falls 4.8 Percent After Disappointing Third-quarter Results
Online motorcycle retailer RumbleOn Inc. saw its stock price decline by 4.8 percent during market hours on Wednesday after it reported disappointing third-quarter results.The Charlotte-based company . . .
Posted on 11/14/18
SPX’s General Counsel Sells $500k in Company Stock
The vice president and general counsel of SPX Corp.’s sold 16,800 shares in company stock last Friday, according to a filing with the Securities and Exchange . . .
Posted on 11/13/18
DAL Global Services to Lay Off 320 Employees at RDU
DAL Global Services LLC will lay off 320 employees at its operations located at the Raleigh-Durham International Airport, according to a notice filed with the North . . .
Posted on 11/13/18
PPD Laboratories’ Scientist Recognized as Rising Star
WILMINGTON, N.C.--(BUSINESS WIRE)--Pharmaceutical Product Development, LLC (PPD) announced that a scientist in the PPD® Laboratories biomarker lab in Richmond, Virginia, has received industry recognition for her . . .
Posted on 11/13/18
ChannelAdvisor’s Q3 Earnings Beat Expectations
Research Triangle Park’s ChannelAdvisor Corp., a provider of e-commerce solutions, reported third-quarter earnings that exceeded expectations for the third consecutive quarter.Ending Sept. 30, 2018, the company’s . . .
Posted on 11/12/18
BASF Plans to Lay Off 53 Workers at Two Charlotte Locations
BASF Corp., a chemical company, is laying off 53 employees as the company permanently closes two facilities later this year.In a notice sent to the North . . .
Posted on 11/12/18
Durham’s Dova Exceeds Expectations in the Q3
Durham-based Dova Pharmaceuticals Inc. posted third-quarter earnings that surpassed expectations, according to a filing with the Securities and Exchange Commission.The company posted revenues of $2.93 million . . .
Posted on 11/12/18
Livingstone College to Host National Academic Conference in Concord
Dr. Da’Tarvia Parrish, NAAAHP President and Dr. Jimmy R. Jenkins, Jr., 12th President of Livingstone CollegeHonors students attending Historically Black Colleges and Universities (HBCUs) and Minority . . .
Posted on 11/12/18
Boise Cascade to Lay Off 58 Roxboro Employees
Boise Cascade Co., a manufacturer of wood products and building materials headquartered in Boise, Idaho, is laying off employees in its Roxboro, North Carolina facility, according . . .
Posted on 11/12/18
Transdev to Lay Off 280 Employees in Greensboro
Transdev, a public transportation company based in Paris, France, is laying off 280 of its employees in Greensboro, according to a notice filed with the North . . .
Posted on 11/12/18
Pyxus International Laying Off 565 Workers in Farmville
Pyxus International Inc. will lay off 565 workers and cease tobacco processing operations at its Farmville facility by Jan. 7, 2019, according to a filing with . . .
Posted on 11/9/18
National Association of Women Business Owners Broward/Palm Beach Tackle Marketing Myths & Strategies
The National Association of Women Business Owners Broward/Palm Beach (NAWBO) held their monthly November dinner meeting. Seasoned women business owners, start ups and guests gathered to . . .
Posted on 11/9/18
VTV Therapeutics Reports Lower Net Loss After Decreasing Expenses
High Point-based clinical biopharmaceutical company VTV Therapeutics Inc. reported a net loss of $2 million as well as updates on its Alzheimer’s treatment AzeliragonThe $2 million . . .
Posted on 11/9/18
Activist Investor Buys Another $1.1 Million in Unifi Stock
An activist hedge fund known for pushing companies for board of director positions has bought another $1.1 million of stock in Greensboro-based Unifi Inc., according to . . .
Posted on 11/9/18
TransEnterix Stock Falls 6.4% After Worse-than-expected Earnings
TransEnterix Inc. saw its stock price fall 6.4 percent in after-hours trading after it reported earnings and revenue below analyst expectations.Net loss for the third quarter . . .
Posted on 11/8/18
Coke Bottling Reports Third Quarter Profit Despite Operational Struggles
The largest U.S. bottler of Coca-Cola products reported a 45.3 percent improvement on net income in its 2018 third quarter, despite continued struggles in profitability from . . .
Posted on 11/8/18
Speedway Motorsports Reports Higher Earnings Due to the Success of Inaugural Races
Speedway Motorsports, Inc., which operates car racing facilities, reported a 162 percent growth in third quarter earnings due to the success of inaugural NASCAR Monster Energy . . .
Posted on 11/8/18
North Carolina-based Innovative Glass of America Has Been Sold
American Insulated Glass LLC, a glass fabricator and wholesale distributor in the Southeast, has acquired North Carolina-based Innovative Glass of America for an undisclosed amount, the . . .
Posted on 11/8/18
Analysts Still Remain Bullish About the Triangle Residential Market
The residential real estate market in the Triangle area faced several issues in the third-quarter but demonstrated growth overall, allowing analysts to remain optimistic about the . . .
Posted on 11/7/18
Live Oak Bank Named USDA Lender of the Year
WILMINGTON, N.C., Nov. 07, 2018 (GLOBE NEWSWIRE) -- Live Oak Bank has been named the 2018 Lender of the Year by the U.S. Department of Agriculture’s . . .
Posted on 11/7/18
Winston-Salem’s Primo Water Stock Plummets 22.6 Percent After Bad Earnings
Primo Water Corp., a Winston-Salem-based provider of water dispensers, purified bottled water, and self-service water, saw its stock plummet 22.6 percent in after-market trading after it . . .
Posted on 11/6/18
Lowe's Store Closings A Wise Move
SummaryLowe's announced they are closing 51 underperforming stores in the US and Canada.While mainly speaking for the 20 stores being closed in the US, there are . . .
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