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  • DIARY- Top Economic Events to Feb 12 Friday, 30 Jan 2015 | 7:01 PM ET

    SARASOTA, United States- Federal Reserve Bank of Atlanta Executive Vice President David Altig and Federal Reserve Bank of Dallas Senior Vice President Mine Yucel participate in "The Economic Outlook, Monetary Policy and Energy: Thoughts from Federal Reserve Research Directors" event hosted by the New College of Florida and the Global Interdependence...

  • CommunityOne posts 4Q profit Friday, 30 Jan 2015 | 3:06 PM ET

    CHARLOTTE, N.C. _ CommunityOne Bancorp on Friday reported fourth-quarter profit of $144.6 million. The bank, based in Charlotte, North Carolina, said it had earnings of $6.62 per share. For the year, the company reported net income of $150.5 million, or $6.88 per share, swinging to a profit in the period.

  • RIVERHEAD, N.Y.— A New York man has been sentenced to decades behind bars for a land investment fraud that cheated clients out of their retirement savings. Suffolk County District Attorney Thomas Spota says Paul White of Huntington, New York got a sentence of 21 to 63 years Thursday. White claimed to be a financial adviser operating under the name of Professional...

  • Park Sterling meets 4Q profit forecasts Friday, 30 Jan 2015 | 7:37 AM ET

    CHARLOTTE, N.C. _ Park Sterling Corp. on Friday reported fourth-quarter profit of $3.5 million. The average estimate of analysts surveyed by Zacks Investment Research was also for earnings of 9 cents per share. Park Sterling shares have decreased 10 percent since the beginning of the year.

  • HomeTrust Bancshares posts 2Q profit Thursday, 29 Jan 2015 | 7:54 PM ET

    ASHEVILLE, N.C. _ HomeTrust Bancshares Inc. on Thursday reported fiscal second-quarter net income of $2 million. HomeTrust Bancshares shares have decreased slightly more than 5 percent since the beginning of the year. Keywords: HomeTrust Bancshares, Earnings Report.

  • First Bancorp posts 4Q profit Thursday, 29 Jan 2015 | 6:39 PM ET

    TROY, N.C. _ First Bancorp on Thursday reported fourth-quarter net income of $7.1 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 32 cents per share. First Bancorp shares have decreased almost 7 percent since the beginning of the year.

  • HanesBrands tops 4Q profit forecasts Thursday, 29 Jan 2015 | 4:37 PM ET

    WINSTON-SALEM, N.C. _ HanesBrands Inc. on Thursday reported fourth-quarter net income of $89.4 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of $1.45 per share. HanesBrands expects full-year earnings in the range of $6.30 to $6.50 per share, with revenue in the range of $5.78 billion to $5.83 billion.

  • Jan 29- U.S. vehicle safety regulators want to find whistleblowers with knowledge "of possible defects or any wrongdoing" by Takata Corp, stepping up pressure on the air bag maker whose products are linked to five deaths and dozens of injuries. The National Highway Traffic Safety Administration told Reuters it was urging potential informants to call its...

  • US Airways flight returns to Austin, landing gear issue Thursday, 29 Jan 2015 | 12:10 PM ET

    AUSTIN, Texas— A US Airways flight bound for North Carolina has safely returned to Austin-Bergstrom International Airport with a possible landing gear issue. Spokesman Matt Miller says nobody was injured in Thursday's incident with Flight 5634, operated by Mesa Airlines. Miller says the CRJ-900 regional jet was heading for Charlotte, North Carolina, when a...

  • The Pantry tops 1Q profit forecasts Thursday, 29 Jan 2015 | 8:51 AM ET

    CARY, N.C. _ The Pantry Inc. on Thursday reported fiscal first-quarter net income of $18.9 million, after reporting a loss in the same period a year earlier. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 71 cents per share. Analysts expected $1.72 billion, according to Zacks.

  • British woman extradited to US can go home within weeks Thursday, 29 Jan 2015 | 2:00 AM ET

    GREENBELT, Md.— A British woman who with her husband lost a long and public fight against being extradited to the United States to face fraud charges will be able to return home within weeks. A judge on Thursday said Sandra Dunham, who pleaded guilty to stealing $1 million from a US-based electronics company, must serve 18 days of home confinement before she can...

  • NewBridge posts 4Q profit Wednesday, 28 Jan 2015 | 7:10 PM ET

    GREENSBORO, N.C. _ NewBridge Bancorp on Wednesday reported fourth-quarter profit of $4.3 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 14 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.

  • DIARY- Top Economic Events to Feb 11 Wednesday, 28 Jan 2015 | 7:01 PM ET

    FAIRFAX, United States- Federal Reserve Board Governor Daniel Tarullo speaks on "Advancing Macroprudential Policy Objectives" before the Office of Financial Research and Financial Stability Oversight Council 4th Annual Conference: Evaluating Macroprudential Tools: Complementarities and Conflicts "- 1745 GMT. SARASOTA, United States- Federal Reserve...

  • Jan 28- Salix Pharmaceuticals Ltd said it would restate financial statements for all of 2013 and the first three quarters of 2014, adding to the drugmaker's list of woes. The restatement, which corrects errors related to the timing of revenue recognition, revenue-reducing returns, discounts and expenses, will cumulatively reduce reported net product...

  • WASHINGTON, Jan 28- The Federal Reserve on Wednesday said the U.S. economy was expanding "at a solid pace" with strong job gains in a signal that the central bank remains on track with its plans to raise interest rates this year. "The committee, in fact, was downright bullish on current economic conditions and the outlook," said Paul Edelstein, director of financial...

  • The lawsuits, filed in federal court in the District of Columbia, say the EPA has not responded to petitions filed in 2009 and 2011 by the Environmental Integrity Project and the Humane Society of the United States. The lawsuits say the EPA failed to take action and ask it to respond to the petitions within 90 days, Environmental Integrity Project attorney Tarah...

  • NEW YORK, Jan 28- Wall Street stocks edged lower on Wednesday while the dollar rose as the Federal Reserve said growth in the U.S. economy was on track despite turmoil in other markets around the world, keeping it on pace to raise interest rates later this year. Concluding their first policy-setting meeting of the year, Fed officials looked past moves made by other...

  • WASHINGTON, Jan 28- The Federal Reserve on Wednesday said the U.S. economy was expanding "at a solid pace" as it largely looked through weakness overseas in a signal that it remains on track to raise interest rates later this year. The U.S. central bank repeated it would be "patient" in deciding when to raise benchmark borrowing costs from zero, where they have been...

  • As gas prices fell below $3 a gallon, Kristen Harris went back to delivering her desserts to Chicago- area neighborhoods she had abandoned. "We definitely want to saturate the Chicago market," says Harris, whose Homewood, Illinois, based Pizzazzed Plus makes cookies, cake pops and other treats. Between 2011 and 2013, gas averaged around $3.50 a gallon nationally—...

  • Underwear seller HanesBrands to boost dividend 33 percent Wednesday, 28 Jan 2015 | 10:08 AM ET

    WINSTON-SALEM, N.C.— HanesBrands said it plans to boost its dividend 33 percent and split its stock as it seeks to increase value for shareholders. The clothing company said Wednesday that it will increase its dividend to 40 cents per share from 30 cents per share. HanesBrands Inc., based in Winston-Salem, North Carolina, sells underwear, T-shirts, socks and other...