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Sept 17- Nucor Corp shares rose to a six-year high on Wednesday after the steelmaker said it would report higher-than-expected third-quarter earnings. Nucor said it expected to post a third-quarter profit of 70 cents to 75 cents per share.
The DoJ and the CFTC have both held investigations into whether BofA engaged in improper trading by doing its own futures trades ahead of executing large orders for clients.
2013 couldn't have gone much worse for the porn industry.
Who would have thought that five of Zillow's top 10 healthiest housing markets would be in this state?
Bonnie Papandrea of Wilkinson & Associates ERA Powered, provides insight on how her business was impacted by the shutdown. Also, a peak at 3 property listings in Charlotte, North Carolina.
The Obama administration proposed a $300 million aid package to help Detroit demolish buildings, improvement transportation and bolster the police.
Bonnie Papandrea, Wilkinson & Associates powered by ERA, explains what money can buy you in Charlotte, North Carolina.
Bank of America CEO Brian Moynihan got a 73% pay increase in 2012, when the bank resolved crisis-era lawsuits and its stock was one of the sector's top performers.
Nov 6- The government's investigation of mortgage-related practices at Wells Fargo& Co includes the making and packaging of home loans by its Wachovia unit, the bank said in a filing Tuesday.
CHARLOTTE, N.C.-- Women's clothing company Cato Corp. said Thursday that revenue at stores open at least a year in October was unchanged from last year, and it's slightly more optimistic about profit in its third quarter. The company said total revenue in October rose 3 percent to $64.3 million, and rose 2 percent in the fiscal third quarter to $197.6 million.
RALEIGH, N.C.-- High-profile North Carolina Republicans are benefiting from a marked fundraising advantage over Democratic rivals entering the fall campaign's final days, led by gubernatorial candidate Pat McCrory.
NEW YORK, Oct 29- Wall Street firms were set to open with limited staffing in New York City on Tuesday as stock markets remained closed due to Hurricane Sandy's approach and many New York- based bank employees worked from home.
CHARLOTTE, N.C.-- Here was Chas Kaufmann's life before the Great Recession: $28,000 in restaurant tabs in a year, cruises, house parties with fireworks. Now: "We mainly shop at Sam's Club and portion out our meals. We spend $4 to $5 a night on eating. "
The stronger pace of expansion, however, is still expected to fall short of what is needed to make much of a dent in unemployment, and will offer little cheer for the White House ahead of the closely contested Nov. 6 presidential election.
*US says bank sold toxic loans to Fannie Mae, Freddie Mac. NEW YORK, Oct 24- The United States filed a fraud lawsuit against Bank of America Corp, accusing it of causing taxpayers more than $1 billion of losses by selling thousands of toxic mortgage loans to Fannie Mae and Freddie Mac.
*US says bank sold toxic loans to Fannie Mae, Freddie Mac. Oct 24- The United States filed a civil mortgage fraud lawsuit against Bank of America Corp, accusing it of selling thousands of toxic home loans to Fannie Mae and Freddie Mac that went into default and caused more than $1 billion of losses.
CHARLOTTE, N.C.-- Auto dealer Sonic Automotive Inc. said Tuesday that third-quarter income fell 48 percent, dragged down by the cost of buying back company debt. Net income was $10 million, or 18 cents per share, for the three months ended Sept. 30. Shares of the Charlotte- based company fell 11 cents to $18.06 in morning trading.
RALEIGH, N.C.-- The head of the Democratic National Committee distanced herself Thursday from the effort to raise money for her party's 2012 convention in Charlotte, which fell millions short despite breaking a pledge to forgo cash from special interests.
HARTFORD, Conn.-- United Technologies Corp.' s third-quarter earnings results, due out before the markets open on Tuesday, will likely reflect some weakness in the aerospace market, a segment on which the company recently made a big bet.
CHARLOTTE, N.C.-- Nucor Corp.' s third-quarter net income plunged 39 percent on lower sales and prices as demand for steel fell in the sluggish global economy. Nucor said Thursday that it earned $110.3 million, or 35 cents per share, in the July-through-September quarter.