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Top News & Analysis North Carolina

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  • RALEIGH, N.C. _ Martin Marietta Materials Inc. on Tuesday reported second-quarter earnings of $81.9 million. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.62 per share. Four analysts surveyed by Zacks expected $949.6 million.

  • CHARLOTTE, N.C. _ Tree.com Inc. on Monday reported second-quarter net income of $4.7 million, after reporting a loss in the same period a year earlier. On a per-share basis, the Charlotte, North Carolina- based company said it had net income of 38 cents. For the current quarter ending in September, Tree.com said it expects revenue in the range of $60 million to $62...

  • WASHINGTON, Aug 3- U.S. factory activity slipped in July and consumer spending advanced at its slowest pace in four months in June, indicating that the economy had lost some momentum recently. "We expect growth momentum to re-accelerate over the next few months, providing the Fed with the necessary confidence they need to raise rates in September," said Millan...

  • Aug 3- Jeld-Wen Holding Inc, a maker of doors and windows, is working on a potential initial public offering that would value the business at as much as $4 billion, the Wall Street Journal reported. The Charlotte, North Carolina- based company is working with banks, including Barclays PLC and Credit Suisse Group AG, on the possible offering, which could raise around...

  • Ingles posts 3Q profit Monday, 3 Aug 2015 | 6:36 AM ET

    ASHEVILLE, N.C. _ Ingles Markets Inc. on Monday reported fiscal third-quarter net income of $13.8 million. On a per-share basis, the Asheville, North Carolina- based company said it had profit of 68 cents. This story was generated by Automated Insights using data from Zacks Investment Research.

  • Gas tax increases by 7 cents in Washington state Saturday, 1 Aug 2015 | 1:28 PM ET

    OLYMPIA, Wash— The price of gas may be going down nationally, but Washington drivers— already paying above the national average— may see even higher prices at the pump following Saturday's 7- cent- per-gallon increase in the state's gas tax. With state gas taxes now up to 44.5 cents a gallon, adding in the current federal gas tax of 18.4 cents, the total per gallon gas...

  • HanesBrands slumps on weaker intimate clothing sales Friday, 31 Jul 2015 | 12:05 PM ET

    NEW YORK— HanesBrands fell further than any other stock on the Standard& Poor's index Friday after it reported disappointing sales and declining profit. At the time HanesBrands thought that change was temporary, but now believes those changes to be permanent. After the market closed on Thursday, Hanesbrands reported net income of $94.9 million, down from...

  • Berry Plastics buying Avintiv for $2.45 billion Friday, 31 Jul 2015 | 8:46 AM ET

    NEW YORK— Berry Plastics Group Inc. is buying Avintiv Inc. for about $2.45 billion. Evansville, Indiana- based Berry Plastics, which makes plastic consumer packaging and engineered materials, is buying the company in a move to broaden its reach. It is owned by the investment firm Blackstone Group LP.

  • ASB Bancorp posts 2Q profit Friday, 31 Jul 2015 | 8:27 AM ET

    ASHEVILLE, N.C. _ ASB Bancorp Inc. on Friday reported net income of $865,000 in its second quarter. ASB Bancorp shares have increased 6 percent since the beginning of the year. Keywords: ASB Bancorp, Earnings Report.

  • LAHAINA, Hawaii, July 30- Pacific Rim trade ministers neared the final spurt of negotiations on an ambitious free trade pact on Thursday, but differences over farm exports and monopoly periods for next-generation drugs kept them short of an elusive final deal. Ministers from the 12 countries negotiating the Trans-Pacific Partnership, which would cut trade...

  • Select Bancorp posts 2Q profit Thursday, 30 Jul 2015 | 7:57 PM ET

    DUNN, N.C. _ Select Bancorp Inc. on Thursday reported second-quarter net income of $1.8 million. Select Bancorp shares have increased 1 percent since the beginning of the year. Keywords: Select Bancorp, Earnings Report.

  • LAHAINA, Hawaii, July 30- Pacific Rim trade ministers neared the final spurt of negotiations on an ambitious free trade pact on Thursday, but differences over farm exports and monopoly periods for next-generation drugs were preventing them from reaching an elusive final deal. Ministers from the 12 countries negotiating the Trans-Pacific Partnership, which...

  • Entegra posts 2Q profit Thursday, 30 Jul 2015 | 7:45 PM ET

    FRANKLIN, N.C. _ Entegra Financial Corp. on Thursday reported net income of $17.1 million in its second quarter. The bank, based in Franklin, North Carolina, said it had earnings of $2.61 per share. The holding company for Macon Bank posted revenue of $7.7 million in the period.

  • SciQuest beats 2Q profit forecasts Thursday, 30 Jul 2015 | 6:09 PM ET

    MORRISVILLE, N.C. _ SciQuest Inc. on Thursday reported second-quarter net income of $382,000, after reporting a loss in the same period a year earlier. For the current quarter ending in September, SciQuest expects its per-share earnings to range from 6 cents to 7 cents. SciQuest expects full-year earnings in the range of 25 cents to 27 cents per share, with revenue...

  • HanesBrands meets 2Q profit forecasts Thursday, 30 Jul 2015 | 4:33 PM ET

    WINSTON-SALEM, N.C. _ HanesBrands Inc. on Thursday reported second-quarter profit of $94.9 million. HanesBrands expects full-year earnings in the range of $1.61 to $1.66 per share, with revenue expected to be $5.9 billion. HanesBrands shares have increased 22 percent since the beginning of the year.

  • Bleisure: Table for one? Dining alone on a business trip Thursday, 30 Jul 2015 | 12:53 PM ET

    NEW YORK— A business trip might leave you too tired to venture out for dinner. Elizabeth McCourt, a headhunter and executive coach with her own company, McCourt Leadership Group, is a foodie who loves trying great restaurants when she travels, from Alice Waters' Chez Panisse in Berkeley, California, to Paul Prudhomme's K-Paul's Louisiana Kitchen in New Orleans.

  • CommunityOne posts 2Q profit Thursday, 30 Jul 2015 | 10:06 AM ET

    CHARLOTTE, N.C. _ CommunityOne Bancorp on Thursday reported second-quarter net income of $2.5 million. The Charlotte, North Carolina- based bank said it had earnings of 10 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.

  • Old Dominion beats 2Q profit forecasts Thursday, 30 Jul 2015 | 8:33 AM ET

    THOMASVILLE, N.C. _ Old Dominion Freight Line Inc. on Thursday reported second-quarter profit of $85.6 million. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 98 cents per share. Four analysts surveyed by Zacks expected $768.5 million.

  • Extended Stay America beats 2Q profit forecasts Thursday, 30 Jul 2015 | 8:25 AM ET

    CHARLOTTE, N.C. _ Extended Stay America Inc. on Thursday reported second-quarter profit of $58 million. Extended Stay America expects full-year revenue in the range of $1.28 billion to $1.3 billion. Extended Stay America shares have dropped nearly 6 percent since the beginning of the year.

  • Sealed Air tops Street 2Q forecasts Thursday, 30 Jul 2015 | 7:31 AM ET

    CHARLOTTE, N.C. _ Sealed Air Corp. on Thursday reported second-quarter profit of $28.1 million. Sealed Air expects full-year earnings in the range of $2.24 to $2.28 per share. Sealed Air shares have increased 19 percent since the beginning of the year, while the Standard& Poor's 500 index has risen slightly more than 2 percent.