Posted on 10/25/18
First Citizens Reports 25.7 Percent Rise in Third Quarter Earnings
First Citizens BancShares Inc. reported a 25.7 percent growth in third quarter earnings due to an increase in loans, net interest income and tax benefits, according . . .
Posted on 10/25/18
Live Oak Bancshares Reports Earnings Lower Than Analyst Expectations
Live Oak Bancshares Inc., reported third-quarter earnings below analyst expectations, causing its stock to fall 7.9 percent on Wednesday.The company was trading at $20.25, down 7.91 . . .
Posted on 10/25/18
Unifi Files Petition Alleging Yarn Imports from China and India Damage U.S. Market
Unifi Manufacturing Inc., a Greensboro-based textiles company, filed a petition with the U.S. Department of Commerce alleging that illegal dumping of yarn from China and India . . .
Posted on 10/25/18
Enforge to Create 44 Jobs in Albemarle with $44 Million Expansion
Enforge LLC, an auto parts manufacturer based in Albemarle, North Carolina, is set to create 44 new jobs with a $44 million expansion in Stanly County.The company . . .
Posted on 10/24/18
LPL Financial Welcomes Brennan Asset Management Group
CHARLOTTE, N.C., Oct. 24, 2018 (GLOBE NEWSWIRE) -- LPL Financial LLC, a leading retail investment advisory firm and independent broker-dealer, today announced that Brennan Asset Management . . .
Posted on 10/24/18
Raleigh and Charlotte Airports to be Added to Air Canada’s Routes
Air Canada announced an expansion into North Carolina with new routes to Raleigh and Charlotte.Beginning May 1, 2019, Air Canada will begin their increased presence in . . .
Posted on 10/24/18
Fayetteville Social Security Employee Charged with Fraud, Identity Theft
A Social Security employee in Fayetteville has been charged with wire fraud, aggravated identity theft and theft of government property after allegedly attempting to steal $700,000 . . .
Posted on 10/24/18
North Carolina Unemployment Drops to 3.8% in September
North Carolina’s unemployment rate fell to 3.8 percent in September, a 0.1 of a percentage point decrease from August’s rate, according to the North Carolina Department . . .
Posted on 10/24/18
Florence and Ransomware Attack Dampen LabCorp’s Earnings
LabCorp reported lower-than-expected earnings on Wednesday after a recent ransomware attack and the negative effects of Hurricane Florence on its revenues.The global life sciences company reported . . .
Posted on 10/24/18
Charlotte, Raleigh Ranked Top Two US Cities for Tech Workers
North Carolina’s two largest cities are also the top two “Tech Towns” in the nation, according to a new study, establishing the state as a “major . . .
Posted on 10/23/18
The 9 Biggest M&A Deals of the Last Decade
Did these deals have positive outcomes? Mergers and acquisitions are a lightning rod for criticism. History is littered with mergers in which the real world result . . .
Posted on 10/23/18
Curtiss-Wright Could Weather Tariff Storm
SummaryAfter a poor 2016, high demand in the defense market and strong economic growth has pushed Curtiss-Wright sales to mid- to high single-digit numbers.Curtiss-Wright's main risk . . .
Posted on 10/22/18
UNC-Chapel Hill Partners with Deerfield Management to Discover New Medicine
UNC-Chapel Hill announced Monday that it was partnering with Deerfield Management to create Pinnacle Hill LLC, a company seeking to discovery new medicines for unmet medical . . .
Posted on 10/19/18
Akoustis Announces Pricing of Offerings of Common Stock and Convertible Senior Notes
Charlotte, N.C., Oct. 19, 2018 (GLOBE NEWSWIRE) -- Akoustis Technologies, Inc. (NASDAQ: AKTS), a manufacturer of patented bulk acoustic wave high-band RF filters for mobile and . . .
Posted on 10/19/18
Buchi Kombucha Will Add 28 Jobs And Invest $2M In Facility Outside Asheville
Asheville Kombucha Mamas LLC, also commonly known as Buchi Kombucha, is adding 28 employees and pursuing a $2 million expansion of the company’s current operations in . . .
Posted on 10/19/18
Mount Holly Woman Convicted of Bank Fraud Conspiracy
A Mount Holly woman has been convicted of bank fraud conspiracy for her role in a fake car loan scheme, according to the U.S. Department of . . .
Posted on 10/19/18
Cree Beats Analyst Expectations, Signals Future Growth
Cree Inc. reported higher-than-expected earnings on Tuesday due to growth in its power provider company Wolfspeed and margin improvement in its LED products and lighting.The lighting . . .
Posted on 10/19/18
Red Hat CEO Whitehurst Sells $709,000 in Shares of Company
The CEO and president of Raleigh, North Carolina-based Red Hat Inc. has sold $709,000 worth of stock in the software company.James Whitehurst sold 3,146 shares at . . .
Posted on 10/19/18
Management Matters: The 3 Best Interview Questions
If you Google 'effective behavioral interview questions,' you'll find hundreds of questions to ask in interviews. There are thousands that start with the phrase "Tell me . . .
Posted on 10/19/18
These Are the 25 Best Cities for Jobs in 2018, Glassdoor Says
Over a quarter of Americans (28.5%) would move for a job, according to a survey by jobs and recruiting site Glassdoor. But before you pack up . . .
Posted on 10/17/18
SECU Foundation Provides Funding to Help Revitalize Southeast Raleigh Community
RALEIGH, N.C., Oct. 17, 2018 (GLOBE NEWSWIRE) -- A $2 million grant from the member-funded SECU Foundation will help revitalize the Southeast Raleigh community. SECU Foundation . . .
Posted on 10/17/18
The 9 Biggest Bankruptcies Since 1980
Oh, how the mighty have fallen History is littered with megacompanies that have gone caput. From billion-dollar frauds to banks that bet the farm on risky . . .
Posted on 10/17/18
Square 1 Bank Announces Credit Facility to CallRail
ATLANTA, Oct. 16, 2018 (GLOBE NEWSWIRE) -- Square 1 Bank, a division of Pacific Western Bank, today announced that it has provided a $15 million credit . . .
Posted on 10/16/18
Curtiss-Wright Division Agrees to Pay $3.5M to Settle Case
Indal Technologies, a division of Charlotte-based Curtiss-Wright Corp., has agreed to pay $3.5 million to resolve allegations that it knowingly sold defective helicopter landing systems designed . . .
Posted on 10/16/18
Syneos Health Wins Society for Clinical Research Sites Eagle Award for Second Consecutive Year
RALEIGH, N.C., Oct. 15, 2018 (GLOBE NEWSWIRE) -- Syneos HealthTM (Nasdaq:SYNH), the only fully integrated biopharmaceutical solutions organization, today announced that it was awarded the Society . . .
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