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  • DUNN, N.C. _ Select Bancorp Inc. on Friday reported fourth-quarter net income of $1.6 million. Select Bancorp shares have declined slightly since the beginning of the year. Keywords: Select Bancorp, Earnings Report.

  • LONDON, Feb 5- Zinc is the stand-out amid the general industrial metals gloom right now. It helps that big mines such as Century in Australia and Lisheen in Ireland have just reached the end of their natural lives. Now a new, largely unexpected, ingredient has been thrown into the supply mix in the form of Horsehead Holding's shuttering of its zinc plant in North...

  • Feb 5- Activist investors are putting the U.S. banking sector in their crosshairs, betting that headwinds whipping through the industry will accelerate consolidation among lenders. Hedge funds such as Ancora Advisors, Clover Partners and Seidman& Associates are buying up stakes in lenders across the U.S., from community banks to large regional lenders.

  • ChannelAdvisor reports 4Q loss Thursday, 4 Feb 2016 | 6:01 PM ET

    MORRISVILLE, N.C. _ ChannelAdvisor Corp. on Thursday reported a loss of $680,000 in its fourth quarter. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of 7 cents per share. For the current quarter ending in April, ChannelAdvisor said it expects revenue in the range of $24.6 million to $25 million.

  • SciQuest beats Street 4Q forecasts Thursday, 4 Feb 2016 | 5:53 PM ET

    MORRISVILLE, N.C. _ SciQuest Inc. on Thursday reported fourth-quarter earnings of $1.5 million. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 8 cents per share. For the current quarter ending in April, SciQuest expects its per-share earnings to range from 7 cents to 8 cents.

  • HanesBrands misses Street 4Q forecasts Thursday, 4 Feb 2016 | 4:59 PM ET

    WINSTON-SALEM, N.C.— HanesBrands Inc. on Thursday posted worse-than-expected quarterly results and issued weak guidance, sending its shares down in extended trading. The average estimate of nine analysts surveyed by Zacks Investment Research was for adjusted earnings of 46 cents per share. Six analysts surveyed by Zacks expected $1.53 billion.

  • Qorvo reports 3Q loss Thursday, 4 Feb 2016 | 4:19 PM ET

    GREENSBORO, N.C. _ Qorvo Inc. on Thursday reported a fiscal third-quarter loss of $11.1 million, after reporting a profit in the same period a year earlier. For the current quarter ending in March, Qorvo expects its per-share earnings to range from 90 cents to 95 cents. Qorvo shares have fallen 24 percent since the beginning of the year.

  • Old Dominion misses Street 4Q forecasts Thursday, 4 Feb 2016 | 7:41 AM ET

    THOMASVILLE, N.C. _ Old Dominion Freight Line Inc. on Thursday reported fourth-quarter earnings of $72.2 million. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of 86 cents per share. Four analysts surveyed by Zacks expected $742.2 million.

  • NC insurance commissioner criticizes health care law Thursday, 4 Feb 2016 | 7:19 AM ET

    Commissioner Wayne Goodwin said the Affordable Care Act might prompt some insurance companies to leave North Carolina, according to The News& Observer of Raleigh. "I am highly concerned insurers may withdraw from the individual market in North Carolina altogether." Under their leadership, North Carolina did not create a state insurance exchange and did not...

  • Carlisle beats Street 4Q forecasts Thursday, 4 Feb 2016 | 6:45 AM ET

    CHARLOTTE, N.C. _ Carlisle Cos. Inc. on Thursday reported fourth-quarter net income of $81.8 million. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.10 per share. Three analysts surveyed by Zacks expected $846.2 million.

  • WASHINGTON, Feb 3- The state-owned China National Chemical Corp, which plans to buy Swiss seeds and pesticide maker Syngenta, will promptly start preparations for what could be a lengthy U.S. national security review, as the House Agriculture Committee chairman said he would monitor the deal. The $43 billion deal, which was announced on Wednesday as a way for...

  • Report: Climate change threatens food fish in Northeast Wednesday, 3 Feb 2016 | 4:01 PM ET

    PORTLAND, Maine— Fish and shellfish that humans rely on for food and that are important to the economy are on a list of Northeastern marine species considered most vulnerable to climate change, a federal government report released Wednesday and published by the journal PLOS ONE said. The study ranged from Cape Hatteras, North Carolina, to the Gulf of Maine and is...

  • BELLE GLADE, Fla.— Dozens of farmworkers looked up at the little yellow plane buzzing over the Florida radish field, a mist of pesticide falling from its wings. "I smelled a strong odor and started feeling bad," worker Maria Garcia later told a state investigator. An Associated Press review of federal and state enforcement data and other records revealed that the...

  • *Lowe's to pay C $24/ shr per common share, C $20 for prefs. Feb 3- U.S. home improvement retailer Lowe's Cos Inc agreed to buy Canada's Rona Inc in a deal valued at C $3.2 billion, winning over Rona's board with a far higher offer than its previous unsolicited bid more than three years ago that was opposed by the company and politicians in Quebec. North Carolina- based...

  • NEW YORK— Lowe's is expanding its footprint in Canada with a $2.3 billion acquisition of the home improvement retailer Rona. Chairman and CEO Robert Niblock said in a written statement Wednesday that the acquisition gives Lowe's exposure in Quebec, a province of more than 8 million people, where Lowe's currently has no presence. Lowe's has had limited...

  • District Judge Jed Rakoff in Manhattan certified two classes of plaintiffs, saying their claims are similar enough to be pursued as groups. One class bought various Petrobras securities from January 2010 to July 2015 and will be led by Universities Superannuation Scheme of Liverpool, England. The other bought debt securities from offerings in 2013 and 2014,...

  • District Judge Jed Rakoff in Manhattan certified two classes of plaintiffs, saying their claims are similar enough to be pursued as groups. One class bought various Petrobras securities from January 2010 to July 2015 and will be led by Germany's Union Asset Management Holdings AG. The other bought debt securities from offerings in 2013 and 2014, and will be...

  • GLOBAL MARKETS-Stocks slide as oil prices dive again Tuesday, 2 Feb 2016 | 4:23 PM ET

    *U.S. crude settles below $30/ barrel. NEW YORK, Feb 2- U.S. and European stock indexes fell sharply on Tuesday and buyers sought safe-haven government bonds after another tumble in depressed oil prices. Benchmark Brent crude settled down 4.4 percent, while U.S. crude fell 5.5 percent, settling below $30 a barrel.

  • *U.S. crude settles below $30/ barrel. NEW YORK, Feb 2- U.S. and European stock indexes fell sharply on Tuesday and buyers sought safe-haven government bonds after another tumble in depressed oil prices. Benchmark Brent crude settled down 4.4 percent, while U.S. crude fell 5.5 percent, settling below $30 a barrel.

  • Feb 2- U.S. stocks extended their selloff in early afternoon trading on Tuesday as falling oil prices heightened concerns regarding the health of the global economy and investors sought safer investments. Brent oil fell nearly 6 percent, while U.S. crude briefly slid below $30 per barrel, as hopes for a deal between OPEC and Russia on output cuts faded.