Posted on 12/7/16
RTP Biotech Company Files to Raise $2 Million
A young North Carolina biotechnology company has filed to raise $2 million in equity, according to a filing with the Securities and Exchange Commission.UVision 360 Inc. . . .
Posted on 12/7/16
Locus Biosciences Seeks to Raise $7 Million in Offering
A Raleigh, North Carolina-based company wants to raise $7 million in a private offering, according to a filing with the Securities and Exchange Commission on Tuesday.Locus . . .
Posted on 12/5/16
Why the Latest Unemployment Data Is Such Good News for Bank of America
IMAGE SOURCE: ISTOCK/THINKSTOCK.On the first Friday of every month, the U.S. Labor Department publishes the official unemployment rate for the previous month. The latest reading was . . .
Posted on 12/2/16
Sonoco to Invest $20 Million in New Atlanta-area Packaging Center
HARTSVILLE, S.C., Dec. 02, 2016 (GLOBE NEWSWIRE) -- Sonoco (NYSE:SON), one of the largest global diversified packaging companies, today announced it will invest $20 million in . . .
Posted on 11/30/16
Malartu Fund III Raises $128,000
A Raleigh-based investment fund company raised $128,000 in equity, according to a Securities and Exchange Commission filing.Malartu Fund III LLC raised the full amount through 23 . . .
Posted on 11/30/16
Huntersville-based Financial Management Startup Files to Raise $250,000
Huntersville-based Honeyfi Inc. has filed to raise $250,000, according to a Form D filed on Tuesday morning.The company first sold $105,000 worth of Simple Agreements for . . .
Posted on 11/29/16
Capital Investment Companies Expands across the Southeast
RALEIGH, N.C.--(BUSINESS WIRE)--Capital Investment Companies, one of the largest independent financial services and brokerage firms in the Southeastern United States, has expanded their footprint into Savannah, . . .
Posted on 11/22/16
MassMutual Carolinas’ Trunk or Treat Event Raises Awareness About Area Charities
MassMutual Carolinas, a general agency of Massachusetts Mutual Life Insurance Company (MassMutual), held its inaugural “Trunk or Treat” event on Oct. 31 to support area charities.“Trunk . . .
Posted on 11/18/16
Jobless Claims Back Down To 4-Decade Low
An economic data release isn't something you would normally get overly excited about, but Thursday morning's jobless claims report just makes you say, "Wow." For months, . . .
Posted on 11/18/16
Charlotte-based Let’s Talk Payments Files to Raise $500,000
A Charlotte-based financial technology news company has filed to raise $500,000 in equity, according to a Securities and Exchange Commission filing.Let’s Talk Payments LLC filed a . . .
Posted on 11/17/16
Bank Stocks Downgraded: Is the Trump Rally Kaput?
It's now been a week since Donald Trump was elected President of the United States, and the rally in bank stocks is in full swing.So far, . . .
Posted on 11/15/16
Why Citigroup Could Benefit "Bigly" From a Donald Trump Presidency
IMAGE SOURCE: ISTOCK/THINKSTOCK.News that Donald Trump won the presidential election last week has sent bank stocks surging across the board, with the KBW Bank Index up . . .
Posted on 11/15/16
MassMutual Carolinas Raises Funds for Hurricane Matthew Flood Victims
MassMutual Carolinas, a general agency of Massachusetts Mutual Life Insurance Company (MassMutual), hosted a Panthers Tailgate that raised $744. Funds were used to purchase items support . . .
Posted on 11/9/16
Uwharrie Capital Total Assets Rise $25 Million in the Past Year
Uwharrie Capital Corp., owner of 14 bank branches across North Carolina, reported consolidated total assets of $552 million for the quarter ended Sept. 30, up from . . .
Posted on 10/26/16
Bank of America Stock Split History
IMAGE SOURCE: GETTY IMAGES.Bank of America (NYSE:BAC) has split its shares three times since 1978, but only once as the modern-day B of A we know . . .
Posted on 10/12/16
Creative Startups Awards $50,000 In Funding
Creative Startups, the national startup accelerator program, announced the Southeastern winners of $50,000 in funding to three creative entrepreneurs.Embodied Labs, Chicago, took the top $25,000 prize; . . .
Posted on 10/4/16
Bower, Jones and Weissman Join HF Financial’s Wilmington Office
HF Financial (www.HFFCarolinas.com) has expanded its Wilmington office with the addition of three members to its financial services team: Benjamin E. Bower and Beverlyn B. Jones . . .
Posted on 9/28/16
Cary-Based Legal Tech Startup Seeks More Funding
A legal technology startup offered its second round of equity offerings in the past month.According to a filing with the Securities and Exchange Commission, Virtual Legal . . .
Posted on 9/7/16
Live Oak Bank Announces Utility-Scale Solar Lending Division
WILMINGTON, N.C., Sept. 07, 2016 (GLOBE NEWSWIRE) -- Live Oak Bancshares (NASDAQ:LOB) has officially launched a new lending division focused on financing for utility-scale solar energy projects . . .
Posted on 9/1/16
Select Bancorp Announces Stock Repurchase Plan
DUNN, N.C., Aug. 31, 2016 (GLOBE NEWSWIRE) -- Select Bancorp, Inc. (NASDAQ:SLCT), the holding company for Select Bank & Trust, announced today that its Board of Directors . . .
Posted on 8/26/16
Triangle Capital Corporation Invests $24.5 Million In Smile Brands Group
Triangle Capital Corporation (NYSE:TCAP), a leading provider of capital to lower middle market companies, announced today that it closed a $24.5 million investment
Posted on 8/24/16
Is Bank of America a Good Stock for Retirees?
IMAGE SOURCE: ISTOCK/THINKSTOCK.When you think about stocks that are good for retirees, you probably don't think about Bank of America (NYSE:BAC). But that doesn't mean shares . . .
Posted on 8/11/16
Metabolon Closes $15 Million Financing
RESEARCH TRIANGLE PARK, N.C., Aug. 11, 2016 (GLOBE NEWSWIRE) -- Metabolon, Inc., the global leader in metabolomics, announced today that it has closed a financing that . . .
Posted on 8/10/16
Top 10 Biggest Banks in America
IMAGE SOURCE: ISTOCK/THINKSTOCK.When it comes to size, few companies can compete with the 10 biggest banks in America. These institutions are massive, with the four largest . . .
Posted on 8/9/16
Bank of America and Citigroup Are the Cheapest Big Bank Stocks Right Now
IMAGE SOURCE: ISTOCK/THINKSTOCK.If you look at a chart of the S&P 500, it'd be easy to think that there aren't any bargains right now for investors. . . .
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