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  • BNC posts 1Q profit Friday, 24 Apr 2015 | 9:36 AM ET

    HIGH POINT, N.C. _ BNC Bancorp on Friday reported first-quarter earnings of $8.8 million. The average estimate of three analysts surveyed by Zacks Investment Research was also for earnings of 32 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.

  • RALEIGH, N.C.— In an unusually public fight, a Cherokee advocacy group is challenging a half-million dollars in extra pay the Tribal Council recently approved for itself, saying the North Carolina tribe can't afford raises for top officials while other services suffer. The group's Asheville- based attorney, Meghann Burke, said the Eastern Band of Cherokee...

  • HanesBrands meets 1Q profit forecasts Thursday, 23 Apr 2015 | 4:33 PM ET

    WINSTON-SALEM, N.C. _ HanesBrands Inc. on Thursday reported first-quarter earnings of $52.6 million. HanesBrands expects full-year earnings in the range of $1.61 to $1.66 per share, with revenue in the range of $5.9 billion to $5.95 billion. HanesBrands shares have climbed 24 percent since the beginning of the year.

  • RALEIGH, N.C.— A federal judge ruled this week that boats could not navigate North Carolina's second-largest river system at the time of American independence, a decision that helps Alcoa Inc. as it tries to prove it owns the riverbed on which some valuable hydroelectric dams were built. Judge Terrence W. Boyle said late Wednesday that the 40- mile section of the...

  • NEW YORK— As truth wars go, Vani Hari of the Food Babe blog has produced a doozy. "I think she means well, but I wish she would pick more important issues and pay closer attention to the science," said Marion Nestle, a nutrition, food studies and public health professor at New York University. Steven Novella, a clinical neurologist and assistant professor at Yale...

  • Nucor beats 1Q profit forecasts Thursday, 23 Apr 2015 | 9:12 AM ET

    CHARLOTTE, N.C. _ Nucor Corp. on Thursday reported first-quarter earnings of $67.8 million. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of 14 cents per share. Nucor shares have declined 4.5 percent since the beginning of the year, while the Standard& Poor's 500 index has climbed slightly more than 2 percent.

  • Park Sterling meets 1Q profit forecasts Thursday, 23 Apr 2015 | 8:30 AM ET

    CHARLOTTE, N.C. _ Park Sterling Corp. on Thursday reported first-quarter earnings of $3.8 million. The average estimate of five analysts surveyed by Zacks Investment Research was also for earnings of 9 cents per share. Park Sterling shares have declined roughly 4 percent since the beginning of the year.

  • TOKYO, April 23- Honda Motor Co on Thursday flew its HondaJet business aircraft for the first time in Japan, bringing to life a dream cherished by legendary founder Soichiro Honda, but the automaker said sales of the jet in Asia remain years away. Speaking at an event to mark the aircraft's first appearance outside the United States, Michimasa Fujino, Chief...

  • Yadkin misses Street 1Q forecasts Thursday, 23 Apr 2015 | 6:45 AM ET

    RALEIGH, N.C. _ Yadkin Financial Corp. on Thursday reported first-quarter profit of $10.3 million. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 35 cents per share. Three analysts surveyed by Zacks expected $49.9 million.

  • BB&T misses Street 1Q forecasts Thursday, 23 Apr 2015 | 6:33 AM ET

    WINSTON-SALEM, N.C. _ BB&T Corp. on Thursday reported first-quarter profit of $488 million. The average estimate of 16 analysts surveyed by Zacks Investment Research was for earnings of 70 cents per share. Eleven analysts surveyed by Zacks expected $2.37 billion.

  • Carlisle tops Street 1Q forecasts Thursday, 23 Apr 2015 | 6:21 AM ET

    CHARLOTTE, N.C. _ Carlisle Cos. Inc. on Thursday reported first-quarter net income of $39.4 million. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 58 cents per share. Three analysts surveyed by Zacks expected $698.4 million.

  • Honda shows new business jet in Japan Thursday, 23 Apr 2015 | 4:55 AM ET

    TOKYO— Honda, known for making motorcycles and cars, is showing its new sleek business jet in Japan for the first time, billing it as quiet, quick and green. The jet, on show at Tokyo's Haneda airport on Thursday, is the culmination of founder Soichiro Honda's longtime dream to have a plane in Honda Motor Co.' s lineup. Honda Aircraft Chief Michimasa Fujino told...

  • Obama's trade agenda draws Republican support in House Thursday, 23 Apr 2015 | 12:21 AM ET

    WASHINGTON— House Republicans pushed White House- backed trade legislation toward committee approval on Thursday despite strong objections by Democrats demanding stronger labor and environmental standards as well as a ban on currency manipulation by Asian nations. With the GOP in the majority, there was no doubt the measure would clear the Ways and Means...

  • NEW YORK— Bank of America asked a federal appeals court Wednesday to toss out a $1.27 billion fine against it, saying the case brought by the federal government after the 2008 financial crisis should never have gone to trial. The bank said in papers filed with the 2nd U.S. Circuit Court of Appeals in Manhattan that the case against it was unfair and "utterly...

  • NEW YORK, April 22- Bank of America Corp on Wednesday asked a federal appeals court to toss a $1.27 billion penalty imposed in a mortgage fraud case, and in a rare move asked that the prominent Manhattan judge who oversaw its trial be replaced if the case were to continue. Bank of America spokesman Lawrence Grayson declined to comment. Rakoff imposed the civil...

  • Hatteras Financial reports 1Q loss Tuesday, 21 Apr 2015 | 4:45 PM ET

    WINSTON-SALEM, N.C. _ Hatteras Financial Corp. on Tuesday reported a first-quarter loss of $34.5 million, after reporting a profit in the same period a year earlier. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 58 cents per share. Hatteras Financial shares have increased roughly 1 percent since the beginning...

  • Cree misses 3Q profit forecasts Tuesday, 21 Apr 2015 | 4:27 PM ET

    DURHAM, N.C. _ Cree Inc. on Tuesday reported fiscal third-quarter net income of $651,000. Six analysts surveyed by Zacks expected $406.7 million. Analysts surveyed by Zacks had expected revenue of $435.1 million.

  • HOUSTON— A massive recall has brought more attention and put more pressure on a century-old Texas ice cream company that has been searching to discover how its products became linked to a deadly string of listeria cases. Texas- based Blue Bell Creameries said Tuesday, a day after recalling all its products, that it is getting closer to pinpointing the cause of the...

  • RALEIGH, N.C.— North Carolina officials are advising dozens of residents near Duke Energy coal ash dumps not to drink or cook with water from their wells after tests showed contamination with toxic heavy metals. A state law passed after last year's massive spill into the Dan River required wells within 1,000 feet of Duke's 32 coal ash dumps across the state to be...

  • Sonic Automotive misses 1Q profit forecasts Tuesday, 21 Apr 2015 | 7:51 AM ET

    CHARLOTTE, N.C. _ Sonic Automotive Inc. on Tuesday reported first-quarter profit of $14 million. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 38 cents per share. Sonic Automotive shares have dropped 10 percent since the beginning of the year.