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  • PHILADELPHIA— Facing hotel bills running into the thousands of dollars, some delegates to the Democratic National Convention are planning to do like college students on spring break and squeeze as many people into a room as they can. Nicole Lutkemuller, a Bernie Sanders delegate from Tahoma, California, said her two-bed room at the Marriott Hotel Philadelphia...

  • GREENSBORO, N.C. _ V.F. Corp. on Friday reported second-quarter net income of $51 million. The average estimate of 18 analysts surveyed by Zacks Investment Research was for earnings of 34 cents per share. Nineteen analysts surveyed by Zacks expected $2.53 billion.

  • FRANKLIN, N.C. _ Entegra Financial Corp. on Thursday reported second-quarter profit of $1.2 million. The Franklin, North Carolina- based bank said it had earnings of 18 cents per share. The holding company for Macon Bank posted revenue of $10.8 million in the period.

  • NEW YORK— Accusations that Airbnb has been ignoring complaints of racism have led several black entrepreneurs to create two new vacation rental websites where they say racism will not be tolerated. Among the stories that have made headlines was Gregory Selden's. Airbnb has a longstanding policy prohibiting discrimination, but back in January, a study by...

  • CHARLOTTE, N.C. _ Nucor Corp. on Thursday reported second-quarter profit of $233.8 million. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of 70 cents per share. Nucor shares have increased 34 percent since the beginning of the year, while the Standard& Poor's 500 index has increased slightly more than 6 percent.

  • Headquartered in Pittsburgh, Pennsylvania, FNB has about $20 billion in assets and 300 branches in Pennsylvania, Maryland, Ohio and West Virginia. Raleigh, North Carolina- based Yadkin serves over 130,000 customers, has assets of $7.4 billion, and operates over 100 branches in North and South Carolina. FNB's financial adviser was RBC Capital Markets LLC and Reed...

  • RALEIGH, N.C. _ Yadkin Financial Corp. on Thursday reported second-quarter profit of $17.4 million. The bank, based in Raleigh, North Carolina, said it had earnings of 34 cents per share. Keywords: Yadkin Financial, Earnings Report.

  • Headquartered in Pittsburgh, Pennsylvania, F.N.B. has about $20 billion in assets and 300 branches in Pennsylvania, Maryland, Ohio and West Virginia. It provides commercial and consumer banking and wealth management solutions led by its largest affiliate, First National Bank of Pennsylvania. Raleigh, North Carolina- based Yadkin serves over 130,000...

  • CHARLOTTE, N.C. _ Capital Bank Financial Corp. on Thursday reported second-quarter earnings of $17.4 million. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 38 cents per share. Capital Bank shares have declined nearly 6 percent since the beginning of the year.

  • MOUNT AIRY, N.C. _ Insteel Industries Inc. on Thursday reported fiscal third-quarter net income of $13.5 million. Insteel Industries shares have risen 51 percent since the beginning of the year. Keywords: Insteel Industries, Earnings Report.

  • WINSTON-SALEM, N.C. _ BB&T Corp. on Thursday reported second-quarter net income of $584 million. The average estimate of 12 analysts surveyed by Zacks Investment Research was for earnings of 65 cents per share. BB&T shares have dropped almost 4 percent since the beginning of the year, while the Standard& Poor's 500 index has climbed slightly more than 6 percent.

  • HIGH POINT, N.C. _ BNC Bancorp on Wednesday reported second-quarter profit of $14.6 million. The High Point, North Carolina- based bank said it had earnings of 35 cents per share. Keywords: BNC Bancorp, Earnings Report.

  • NEW YORK, July 20- U.S. farming and oil lobbies have spent over a decade battling over a government program that requires that renewable fuels are blended with gasoline, but a recent survey showed motorists largely don't know or care what goes into their gas tanks. "I have no idea" what's in the gas, "said Kerri Price, 53, who lives near Albuquerque and drives a Jeep Grand...

  • NEW YORK, July 20- U.S. farming and oil lobbies have spent over a decade battling over a government program that requires that renewable fuels are blended with gasoline, but a recent survey showed motorists largely don't know or care what goes into their gas tanks. "I have no idea" what's in the gas, "said Kerri Price, 53, who lives near Albuquerque and drives a Jeep Grand...

  • RALEIGH, N.C.— CSX Corp. will build an intermodal cargo hub near the Virginia border in Edgecombe County after landowner opposition blocked the railroad company's first option, officials said Tuesday. North Carolina will spend about $100 million for track improvements and other transportation infrastructure, plus tax breaks worth up to $4 million.

  • Like other lenders, the Charlotte, N.C.- based bank has been struggling under the weight of low rates for years, but analysts say Bank of America is particularly sensitive to the issue because of how management has positioned its balance sheet. Chief Executive Brian Moynihan announced a new expense target of $53 billion for 2018. Bank of America did not previously...

  • *Healthy packer profit, China demand fuel expansion. *Industry interest in ractopamine-free pork to serve China. CHICAGO, July 18- The U.S. pork industry could be heading for higher hog prices as processing plants come on line at an unprecedented rate with packers investing millions of dollars to satisfy the appetite of protein-hungry China, industry analysts...

  • Like other lenders, the Charlotte, N.C.- based bank has been struggling under the weight of low rates for years, but analysts say Bank of America is particularly sensitive to the issue because of how management has positioned its balance sheet. Chief Executive Brian Moynihan announced a new expense target of $53 billion for 2018. Bank of America did not previously...

  • Like other lenders, the Charlotte, N.C.- based bank has been struggling under the weight of low rates for years, but analysts say Bank of America is particularly sensitive to the issue because of how management has positioned its balance sheet. Chief Executive Brian Moynihan announced a new expense target of $53 billion for 2018. That's $3.3 billion less than the...

  • Net income attributable to BofA's common shareholders fell to $3.87 billion, or 36 cents per share, in the second quarter ended June 30, from $4.80 billion, or 43 cents per share, a year earlier. Excluding special items, the bank earned 37 cents per share, beating the average analyst estimate of 33 cents, according to Thomson Reuters I/B/E/S. But optimism has faded...