Posted on 6/8/20
State Economies Most Exposed to Coronavirus – WalletHub Study
With most states starting to reopen some non-essential businesses but state economies reeling from the loss of revenue and the massive unemployment caused by COVID-19, WalletHub . . .
Posted on 6/8/20
U.S. Unemployment Was Down in May, But We're Not Out of the Woods
In April, the U.S. unemployment rate hit 14.7%, its highest on record. Economists feared the unemployment rate would climb even higher in May, what with millions . . .
Posted on 6/8/20
Why Advance Auto Parts Stock Soared in May
What happenedShares in auto parts retailers Advance Auto Parts (NYSE:AAP) rose 15.2% in May, according to data provided by S&P Global Market Intelligence. The move marks . . .
Posted on 6/7/20
United Community Banks Prices $100M Offering of Non-Cumulative Perpetual Preferred Stock Depositary Shares
GREENVILLE, S.C., June 03, 2020 (GLOBE NEWSWIRE) -- United Community Banks, Inc. (NASDAQ: UCBI) today announced that it priced an underwritten public offering of 4,000,000 depositary . . .
Posted on 6/7/20
Oak Ridge Financial Services Announces Subordinated Notes Offering
OAK RIDGE, N.C., June 04, 2020 (GLOBE NEWSWIRE) -- Oak Ridge Financial Services, Inc. (OTCPK: BKOR) (the “Company”), the holding company for Bank of Oak Ridge, . . .
Posted on 6/7/20
G1 Therapeutics Announces Flexible Credit Financing for Up to $100M with Hercules Capital
RESEARCH TRIANGLE PARK, N.C., June 01, 2020 (GLOBE NEWSWIRE) -- G1 Therapeutics, Inc. (Nasdaq: GTHX), a clinical-stage oncology company, today announced that the company has entered . . .
Posted on 6/4/20
PODS Enterprises Leases 81,868 SF at Charleston Logistics Center in Summerville, South Carolina
Cushman & Wakefield | Thalhimer is pleased to announce PODS Enterprises, LLC leased 81,868 square feet of industrial space at Charleston Logistics Center, 830 Drop Off . . .
Posted on 6/4/20
States Hit Hardest by Unemployment Claims – WalletHub Study
With nearly 43 million Americans losing their jobs during the COVID-19 pandemic and new unemployment claims this week higher than in the same week last year, . . .
Posted on 6/4/20
Gina Tabone Joins Keona Health
CHAPEL HILL, N.C.--(BUSINESS WIRE)--Keona Health Inc., the Contact Center and Patient Access Platform of choice, is excited to announce Gina Tabone has joined as VP Strategic . . .
Posted on 6/7/20
Life on the Other Side – How Four Entrepreneurs are Embracing the Future
I recently facilitated a conversation among four entrepreneurs, each leading their organizations
Posted on 6/3/20
Study: Residents in North Carolina Are Financially Hurting More During COVID-19
Nearly nine in 10 Americans report that the COVID-19 pandemic is causing stress on their personal finances. Like the spread of the virus, financial shocks have . . .
Posted on 6/3/20
Cities with the Biggest Increases in Unemployment Rates Due to COVID-19 – WalletHub Study
With certain businesses reopening all across the country in an effort to reverse some of the nearly 41 million job losses caused by the coronavirus pandemic, . . .
Posted on 6/3/20
JLL Closes $19.6M Sale of Class A Distribution Building in Savannah
JLL Capital Markets announced today that it has closed the $19.6 million sale of a new, Class A, 281,467-square-foot
Posted on 6/3/20
Food Lion to Expand its Store Network with Acquisition of 62 Stores Across the Carolinas and Georgia
Food Lion announced today it has entered into a transaction to purchase 62 BI-LO/Harveys Supermarket stores in North Carolina, South Carolina and Georgia from Southeastern Grocers.
Posted on 6/3/20
Prescient Announces a $90 Million Financing Commitment from Eldridge
CHARLOTTE, N.C.--(BUSINESS WIRE)--Prescient, a digital design-build company leveraging precision off-site manufacturing to industrialize multi-unit housing construction, today announced it has received a $90 million financing commitment . . .
Posted on 6/3/20
Bank Of America Is Rising From Its Ashes
SummaryBank of America stock is recovering from the COVID-19 lows of March 2020.The current earnings are hurting from (temporary) credit provisions.Current valuation levels are on the . . .
Posted on 6/2/20
Bank of America Announces $1 Billion/4-Year Commitment
CHARLOTTE, N.C.--(BUSINESS WIRE)--Bank of America announced today that it is making a $1 billion, four-year commitment of additional support to help local communities address economic and . . .
Posted on 6/11/20
Recessions and Private Equity
(Second in a series on corporate finance during an economic crisis.)We know from the history of recessions that thousands of mergers and acquisition (M&A) transactions occur . . .
Posted on 6/2/20
Governor Cooper Announces Nearly 400 New Jobs in Durham
GRAIL, Inc., an innovative healthcare company pioneering a test that detects more than 50 cancers with a single blood draw, will invest $100 million and over . . .
Posted on 6/2/20
CAPTRUST Adds Growth Capital with Minority Investment from GTCR
CAPTRUST Financial Advisors (CAPTRUST) today announced that GTCR, a leading private equity firm, has made a 25 percent minority growth investment in CAPTRUST. This investment reflects . . .
Posted on 6/2/20
Middleburg Communities Appoints Kyle Chase as Director of Acquisitions
Middleburg Communities, a Vienna, Virginia-based real estate investment, development and property management firm, welcomes Kyle Chase as Director of Acquisitions
Posted on 6/2/20
Greystar Acquires Property Management Business of Alliance Residential
CHARLESTON, S.C. & PHOENIX, Ariz.--(BUSINESS WIRE)--Greystar Real Estate Partners, LLC, a global leader in the investment, development, and management of high-quality rental housing properties, today announced . . .
Posted on 6/2/20
2020's Safest States in America – WalletHub Study
June is National Safety Month. With the U.S. devastated by the coronavirus pandemic this year, the personal-finance website WalletHub today released its report on 2020's Safest . . .
Posted on 6/2/20
73.5 Million Americans Plan to Look for a More Pandemic-Proof Job – WalletHub Survey
About 73.5 million Americans plan to look for a job that is more pandemic-proof, according to WalletHub’s nationally representative Coronavirus and the Future of the Economy . . .
Posted on 6/1/20
Slip into Style with the New Guy Harvey Sock Collection
Proceeds benefit ocean conservation and for every pair purchased a pair is donated to a local homeless shelter In the sea of novelty socks, the NEW Guy . . .
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