GO
Loading...

Charlotte

More

  • By Rick Rothacker and Jed Horowitz. Oct 12- Wells Fargo& Co's. The No. 4 U.S. bank by assets has expanded in mortgage lending while others such as Bank of America Corp.

  • 13 who attended Cleveland fair ill with E. coli Friday, 12 Oct 2012 | 1:07 PM ET

    SHELBY, N.C.-- North Carolina health officials say an E. coli outbreak is responsible for the illness of 13 people who attended the Cleveland County Fair. State health officials say people from Cleveland, Gaston and Lincoln counties have reported becoming sick after visiting the fair in Shelby.

  • AP sources: Speed won't air F1 after this season Friday, 12 Oct 2012 | 10:41 AM ET

    Two people familiar with the negotiations said F1 was in talks with NBC for U.S. broadcast rights and the contract would not be renewed with Speed. NBC did not immediately respond to a request for comment, nor did a spokesman for Speed.

  • Oct 12- Wells Fargo& Co reported record quarterly profit on Friday on a surge in mortgage lending, but revenue and a key banking measure fell short of analysts' estimates, sending shares down 3.3 percent. Wells Fargo posted third-quarter earnings of 88 cents per share, topping the analysts' consensus estimate of 87 cents, according to Thomson Reuters I/B/E/S.

  • Oct 12- Wells Fargo& Co reported a 22 percent increase in its third-quarter profit on Friday on a surge in mortgage lending, but fell short of analysts' revenue estimates. Wells Fargo posted earnings per share of 88 cents, topping the analysts' consensus estimate of 87 cents, according to Thomson Reuters I/B/E/S.

  • Oct 12- Wells Fargo& Co on Friday reported a 22 percent increase in third-quarter profit on a surge in mortgage lending. Wells Fargo, the largest U.S. home lender, posted mortgage banking revenue of $2.8 billion, up more than 50 percent from a year ago.

  • Oct 12- Wells Fargo& Co on Friday reported higher third-quarter profits on a surge in mortgage lending. The fourth biggest U.S. bank said net income was $4.9 billion, or 88 cents a share, in the quarter, up from $4.1 billion, or 72 cents a share, in the same period a year earlier. Wells is the largest U.S. mortgage lender.

  • Oct 12- Low interest rates both hurt and helped third-quarter earnings at Wells Fargo& Co, boosting mortgage lending but squeezing core profitability more than analysts expected.

  • *JPMorgan has lower' London whale' losses than in 1st half. Oct 12- Two of the nation's biggest banks, Wells Fargo& Co and J.P. Morgan Chase& Co, made record profits over the last three months from a sharp rise in mortgage lending, though performance stumbles elsewhere hurt J.P. Morgan more than Wells Fargo.

  • F1 and Speed channel splitting after this season Friday, 12 Oct 2012 | 12:07 AM ET

    Fox Sports Media Group, which owns Speed, confirmed Friday that the partnership will end after this season. "It's disappointing to learn that F1 has elected to move forward with a different media partner," Fox Sports Media Group said in a statement to The Associated Press.

  • *Europe still biggest drag on world growth. LONDON, Oct 11- Next year offers only a slight improvement for a global economy hit by recession in Europe and slowing or moribund growth in Asia and the United States, according to Reuters polls of hundreds economists worldwide.

  • Westar Energy says 2 new wind farms now operating Wednesday, 10 Oct 2012 | 9:16 AM ET

    TOPEKA, Kan.-- Westar Energy Inc. says new wind farms in central and southwest Kansas are now producing power for its customers. The 201- megawatt Post Rock Wind Farm in Ellsworth and Lincoln counties began production Sept. 28. The Ironwood Wind Power Project farm in Ford and Hodgeman counties can produce up to 168 megawatts of electricity for Westar.

  • *Wells Fargo, the No. 4 U.S. bank, denies allegations. Oct 9- The U.S. government filed a civil mortgage fraud lawsuit on Tuesday against Wells Fargo& Co, the latest legal volley against big banks for their lending during the housing boom.

  • *Wells Fargo, the No. 4 U.S. bank, denies allegations. Oct 9- The U.S. government filed a civil mortgage fraud lawsuit on Tuesday against Wells Fargo& Co, the latest legal volley against big banks for their lending during the housing boom.

  • TEXT-S&P assigns Peak 10 Holding 'B' rating Tuesday, 9 Oct 2012 | 4:09 PM ET

    --U.S. data center operator Peak 10 Holding Corp. plans to issue a new $300 million senior secured term loan to refinance its existing credit facility and pay a dividend of approximately $215 million to its private-equity owners.

  • Attorney in Manhattan and the U.S. Department of Housing and Urban Development on Tuesday filed a civil mortgage fraud lawsuit against Wells Fargo& Co. The government's complaint seeks damages and civil penalties from Wells Fargo under the U.S. Wells Fargo is the No. 4 U.S. bank as measured in assets.

  • --We lowered our rating to' D' from' CCC-' on class K from Banc of America Large Loan Inc.' s series 2006- BIX1, a U.S.

  • Diminished GOP brand heightens Romney's challenge Tuesday, 9 Oct 2012 | 9:08 AM ET

    Not helping him much is the Republican Party he leads. When talking with unaffiliated voters, "it's more important to sell Romney" than Republican policies, said Jordan McSwain, 19, who makes about 800 phone calls a week for GOP candidates from the central North Carolina town of Salisbury.

  • Wanna sell a cookbook? Become a popular QVC host Monday, 8 Oct 2012 | 3:34 PM ET

    WEST CHESTER, Pa.-- It's a Sunday afternoon, and David Venable is in his element: on the air, in one of the kitchens at the QVC home shopping network, chatting a mile a minute about bakeware on his popular show, "In the Kitchen with David."

  • Higher-end retailers like Bloomingdales's, Saks Fifth Avenue and Nordstrom are also dangling bonus dollars in front of their customers and tying them to store credit cards, according to Mary Delk, director in the retail practice of the consultancy Deloitte LLP in Charlotte, North Carolina.