Posted on 8/22/18
Cree Announces Offering $500 Million Senior Notes
DURHAM, N.C.--(BUSINESS WIRE)--Cree, Inc. (NASDAQ: CREE) today announced the pricing of $500 million aggregate principal amount of its 0.875% Convertible Senior Notes due 2023 in a . . .
Posted on 8/22/18
Charlotte-based Premier Stock Rises 14% After Results Beat Expectations
Premier Inc. saw its stock jump 14.63 percent on Tuesday after reporting earnings and revenue for the fiscal 2018 fourth quarter that beat analyst expectations.The Charlotte-based . . .
Posted on 8/21/18
PRA Health CEO Sees 4.4% Salary Bump in New Employment Agreement
PRA Health Sciences Inc.’s chief executive officer received a 4.4 percent increase in base salary, according to a Securities and Exchange Commission filing on Monday.Effective July . . .
Posted on 8/21/18
PRA Health CEO Sees 4.4% Salary Bump in New Employment Agreement
PRA Health Sciences Inc.’s chief executive officer received a 4.4 percent increase in base salary, according to a Securities and Exchange Commission filing on Monday.Effective July . . .
Posted on 8/20/18
Four Years After Nearly Dying, Durham Man Honored For His Growing Company
In 2010, David Tedrow was told he had around five more years to live. A debilitating diagnosis caused him to close his established business, forget how . . .
Posted on 8/20/18
Hanesbrands CEO Profits Over $900,000 From Selling Stock
The chief executive officer of Hanesbrands Inc. profited $941,000 this week by exercising a stock option and selling some of the stock, according to a filing . . .
Posted on 8/20/18
Strategy Execution and Duke Corporate Education Recognize First Graduates of Adaptive Strategic Execution Program
Strategy Execution, the global authority in corporate education and project leadership training, today announced and recognized the first set of graduates to successfully complete the Adaptive . . .
Posted on 8/19/18
KS Bancorp Completes Previously-Approved Conversion
SMITHFIELD, N.C., Aug. 17, 2018 (GLOBE NEWSWIRE) -- KS Bancorp, Inc. (OTCBB: KSBI), parent company of KS Bank, Inc.announced that it has converted from a North . . .
Posted on 8/19/18
WestRock To Lay Off 170 Employees In Charlotte And Close Facility
WestRock Co., a manufacturer of paper and packaging products, is laying off 170 employees in Charlotte, North Carolina, after it permanently closes a facility later this . . .
Posted on 8/17/18
Top Culp Executives See Declines in Fiscal Year 2018 Compensation
The top executives of High Point-based Culp Inc. saw large declines in their total compensation packages in the 2018 fiscal year, according to a filing Friday . . .
Posted on 8/17/18
These 9 Companies May File for Bankruptcy in 2018
Destined for failure?Editor's note: A previous version of this article mentioned Guitar Center, which has been removed due to incorrect information. The Motley Fool regrets the . . .
Posted on 8/16/18
Spinoffs, Buyouts, and Exits: Just Another Day on Wall Street
In this Market Foolery podcast, host Chris Hill is joined by analysts Jason Moser and Taylor Muckerman to talk about a trio of news items having . . .
Posted on 8/15/18
Uwharrie Capital Reports 32.6% Decline in Earnings Due to Expansion
Uwharrie Capital Corp. reported a 32.6 percent decline in its second-quarter earnings on Tuesday due to its expenses for a new technology system for the bank . . .
Posted on 8/15/18
Cree Posts Better-than-expected Fourth Quarter Results
LED lighting and semiconductor producer Cree Inc. reported fourth-quarter earnings and revenue on Tuesday that easily beat analyst estimates due to strong demand for its business.The . . .
Posted on 8/15/18
SECU Hosts Scholars’ Day for SECU Foundation Scholarship Recipients
RALEIGH, N.C., Aug. 15, 2018 (GLOBE NEWSWIRE) -- Earlier this month, State Employees’ Credit Union (SECU) welcomed 33 incoming university freshmen to a Scholars’ Day event . . .
Posted on 8/15/18
Qorvo Announces Pricing of Offering of Additional $130 Million Senior Notes
GREENSBORO, N.C., Aug. 14, 2018 (GLOBE NEWSWIRE) -- Qorvo® (Nasdaq: QRVO), a leading provider of innovative RF solutions that connect the world, today announced the pricing . . .
Posted on 8/14/18
Restaurant Operator Chanticleer’s Stock Falls 5.2% After Second-quarter Loss
Shares of restaurant operator Chanticleer Holdings Inc. fell by 5.2 percent in Tuesday morning trading after the company reported a second-quarter loss and a decline in . . .
Posted on 8/14/18
Qorvo Announces Proposed Offering of Additional $100 Million Senior Notes
GREENSBORO, N.C., Aug. 14, 2018 (GLOBE NEWSWIRE) -- Qorvo® (Nasdaq: QRVO), a leading provider of innovative RF solutions that connect the world, today announced that it . . .
Posted on 8/14/18
Qorvo Announces Cash Tender Offer and Consent Solicitation of up to $130M Notes
GREENSBORO, N.C., Aug. 14, 2018 (GLOBE NEWSWIRE) -- Qorvo® (Nasdaq: QRVO), a leading provider of innovative RF solutions that connect the world, today announced that it . . .
Posted on 8/14/18
First Citizens Bank Completes Conversion of Guaranty Bank / BestBank Division
RALEIGH, N.C., Aug. 14, 2018 (GLOBE NEWSWIRE) -- First Citizens Bank announced that its Guaranty Bank division (which also conducts business as BestBank) based in Milwaukee, . . .
Posted on 8/14/18
Square 1 Bank Announces Credit Facility to DirectScale
DENVER, Aug. 14, 2018 (GLOBE NEWSWIRE) -- Square 1 Bank, a division of Pacific Western Bank, today announced that it has provided a $2 million credit . . .
Posted on 8/14/18
Synchrony and Lowe’s Extend Strategic Partnership with Multi-Year Agreement
STAMFORD, Conn. & MOORESVILLE, N.C.--(BUSINESS WIRE)--Synchrony (NYSE: SYF) and Lowe’s (NYSE: LOW) today announced a multi-year extension of their strategic partnership highlighting Synchrony’s commitment to offer . . .
Posted on 8/13/18
VF Corp Plans to Split into Two Companies
Apparel and footwear company VF Corp. announced Monday plans to split its jeans business into a separate company.The Greensboro, North Carolina-based company said that it plans . . .
Posted on 8/13/18
Bandwidth CFO Profits $1.6 Million from Selling Stock
The chief financial officer of Bandwidth Inc. profited more than $1.6 million by exercising a stock option and selling the stock at the market price, according . . .
Posted on 8/13/18
Babcock & Wilcox Stock Falls Another 24 Percent
Struggling power plant manufacturer Babcock & Wilcox Inc. saw its stock price fall another 24 percent on Friday after it reported a second-quarter loss that was . . .
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