South Carolina


  • Kemet posts 2Q profit Thursday, 30 Oct 2014 | 9:33 AM ET

    SIMPSONVILLE, S.C. _ Kemet Corp. on Thursday reported earnings of $6.3 million in its fiscal second quarter. On a per-share basis, the Simpsonville, South Carolina- based company said it had profit of 12 cents. This story was generated by Automated Insights using data from Zacks Investment Research.

  • Scana beats 3Q profit forecasts Thursday, 30 Oct 2014 | 8:00 AM ET

    CAYCE, S.C. _ Scana Corp. on Thursday reported net income of $144 million in its third quarter. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 98 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.

  • Blackbaud posts 3Q profit Wednesday, 29 Oct 2014 | 6:54 PM ET

    CHARLESTON, S.C. _ Blackbaud Inc. on Wednesday reported earnings of $10.4 million in its third quarter. Blackbaud expects full-year earnings in the range of $1.25 to $1.29 per share. Blackbaud shares have climbed slightly more than 9 percent since the beginning of the year.

  • Appalachian Biofuels to establish facility in Va. Wednesday, 29 Oct 2014 | 3:14 PM ET

    RICHMOND, Va.— Appalachian Biofuels LLC is planning to establish its headquarters and biodiesel production facility in Russell County, creating 40 jobs. McAuliffe approved a $200,000 grant from the Governor's Opportunity Fund for the project. The Virginia Tobacco Indemnification and Community Revitalization Commission approved $210,000 in funding for...

  • AVX posts 2Q profit Wednesday, 29 Oct 2014 | 9:52 AM ET

    FOUNTAIN INN, S.C. _ AVX Corp. on Wednesday reported profit of $44.6 million, or 27 cents per share, in its fiscal second quarter. The company, based in Fountain Inn, South Carolina, posted revenue of $365.4 million in the period. This story was generated by Automated Insights using data from Zacks Investment Research.

  • Judge hears NC challenge to Alcoa's rights to dams Wednesday, 29 Oct 2014 | 5:11 AM ET

    RALEIGH, N.C.— A federal judge is deciding whether he's heard enough to decide a lawsuit pitting North Carolina officials against Alcoa Inc. over the right to control the water and electricity coming from the state's second-largest river system. State attorneys said Alcoa hasn't produced any documents showing ownership of the riverbed below four dams...

  • Minibike company fined by government safety agency Tuesday, 28 Oct 2014 | 1:20 PM ET

    WASHINGTON— A South Carolina company that sells minibikes and go-carts has agreed to pay $4.3 million in a settlement with the Consumer Product Safety Commission— the largest-ever civil penalty levied by the agency. CPSC alleged that Baja Inc. and its corporate affiliate, One World Technologies Inc., of Anderson, South Carolina, failed to immediately report...

  • Synalloy posts 3Q profit Tuesday, 28 Oct 2014 | 8:58 AM ET

    SPARTANBURG, S.C. _ Synalloy Corp. on Tuesday reported net income of $1.3 million in its third quarter. The Spartanburg, South Carolina- based company said it had profit of 14 cents per share. Synalloy shares have risen almost 4 percent since the beginning of the year.

  • Denny's tops Street 3Q forecasts Monday, 27 Oct 2014 | 5:52 PM ET

    SPARTANBURG, S.C. _ Denny's Corp. on Monday reported third-quarter earnings of $8.3 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 9 cents per share. Analysts expected $115.4 million, according to Zacks.

  • Regulators cut Maine's elver fishing quota Monday, 27 Oct 2014 | 11:28 AM ET

    PORTLAND, Maine— Federal regulators have cut Maine fishermen's quota for elvers by nearly 18 percent to allow the stock of the lucrative baby eels to rebuild. Prices for elvers topped $1,800 per pound in 2012 and 2013, and fishermen reported prices between $500 and $1,000 per pound this year. Kate Taylor, the commission's eel fishery management plan...

  • What you need to know about massive air bag recall Friday, 24 Oct 2014 | 4:51 PM ET

    So far, more than 12 million vehicles worldwide with air bags made by Japanese parts supplier Takata Corp. have been recalled for the problem. There have been recalls in Japan, Europe, China and other areas. A: Chemicals that quickly inflate air bags during a crash are exploding with too much force in Takata air bags made from 2001 to 2011. This blows apart metal...

  • Alcoa sells stake in South Carolina smelter Thursday, 23 Oct 2014 | 4:50 PM ET

    Alcoa is selling its stake in a South Carolina aluminum smelter to Century Aluminum Co. for $67.5 million. New York- based Alcoa said in a statement that while Mt. Chicago- based Century Aluminum said Thursday that buying Alcoa's 50.3 percent stake makes it the full owner of the smelter.

  • 4 more workers allege racial bias at Daimler plant Thursday, 23 Oct 2014 | 2:18 PM ET

    PORTLAND, Ore.— Oregon expanded its investigation into discrimination at the Portland truck-making plant of German automotive giant Daimler AG after four more employees came forward with allegations of racial harassment. At least one complaint says the person was forced to leave his position because of working conditions at the Portland facility.

  • Big utilities pushing into booming home solar market Wednesday, 22 Oct 2014 | 7:00 AM ET

    Solar powers only half a million U.S. homes and businesses, according to solar market research firm GTM Research. In Arizona, the state's largest utility has proposed putting solar panels on 3,000 customers' homes, promising a $30 monthly break on their power bills. Residential solar grew 45 percent in the second quarter from the previous year and installations...

  • SC hopes for deeper Charleston Harbor by 2020 Tuesday, 21 Oct 2014 | 5:54 AM ET

    CHARLESTON, S.C.— The South Carolina Ports Authority hopes the deepening of the Charleston Harbor shipping channel can be completed by the end of the decade, a top agency executive told those gathered Tuesday at a public meeting on the proposed $500 million project. Dozens of people attended the meeting called by the U.S. Army Corps of Engineers to gather public...

  • Publix recalls snack mix that had peanuts Friday, 17 Oct 2014 | 12:02 PM ET

    NEW YORK— Supermarket chain Publix is recalling a snack mix because the label doesn't warn shoppers that it contains peanuts. Publix Asian Mix was sold at all its stores in Florida, Georgia, South Carolina, Alabama, Tennessee and North Carolina. Customers who bought the product can return it to a Publix store for a full refund.

  • WALLOPS ISLAND, Virginia, Sept 4- Missions flown from the NASA base here have documented some of the most dramatic evidence of a warming planet over the past 20 years: the melting of polar ice, a force contributing to a global rise in ocean levels.

  • WASHINGTON, Aug 20- Business backers of the U.S. Export-Import Bank said on Wednesday they hope the institution's charter will be extended temporarily while Congress hashes out a longer-term reauthorization of the bank, which some lawmakers are bent on closing.

  • Duke Energy reports oil spill into Ohio river Tuesday, 19 Aug 2014 | 9:20 AM ET

    Aug 19- U.S. power company Duke Energy said on Tuesday about 5,000 gallons of fuel was spilled into the Ohio River during a routine transfer of fuel oil at its station near Cincinnati. The spill that took place around 11.15 p.m. ET on Monday was stopped within 15 minutes, the company said.

  • NEW YORK, Aug 8- Boeing has pushed some factory work on the 787 Dreamliner to the uncovered tarmac outside its assembly plant in Washington state in an effort to keep churning out the popular plane at a rate of one every three days, according to people with knowledge of the situation.