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Top News & Analysis North Carolina

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  • 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...

  • 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...

  • 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.

  • 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...

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • RALEIGH, N.C. _ INC Research Holdings Inc. on Thursday reported second-quarter profit of $23.3 million. INC Research expects full-year earnings in the range of $1.69 to $1.80 per share, with revenue in the range of $900 million to $910 million. INC Research shares have increased 68 percent since the beginning of the year.

  • Cempra reports 2Q loss Wednesday, 29 Jul 2015 | 5:48 PM ET

    CHAPEL HILL, N.C. _ Cempra Inc. on Wednesday reported a loss of $25 million in its second quarter. The average estimate of seven analysts surveyed by Zacks Investment Research was for a loss of 41 cents per share. Cempra shares have increased 91 percent since the beginning of the year.

  • Qorvo tumbles aftermarket following fiscal 2Q outlook Wednesday, 29 Jul 2015 | 5:03 PM ET

    GREENSBORO, N.C.— Shares of chipmaker Qorvo plunged in aftermarket trading Wednesday after its fiscal second-quarter forecast fell short of Wall Street's forecasts. Qorvo was formed in January by the $1.55 billion combination of RF Micro Devices and TriQuint Semicondutor. Shares of Qorvo Inc. declined $10.47, or 14.9 percent, to $60 in aftermarket trading.

  • First Citizens posts 2Q profit Wednesday, 29 Jul 2015 | 12:09 PM ET

    RALEIGH, N.C. _ First Citizens BancShares Inc. on Wednesday reported second-quarter net income of $44.5 million. The Raleigh, North Carolina- based bank said it had earnings of $3.71 per share. Keywords: First Citizens BancShares, Earnings Report.

  • Speedway reports 2Q loss Wednesday, 29 Jul 2015 | 8:19 AM ET

    CONCORD, N.C. _ Speedway Motorsports Inc. on Wednesday reported a second-quarter loss of $32.2 million, after reporting a profit in the same period a year earlier. The Concord, North Carolina- based company said it had a loss of 78 cents per share. Keywords: Speedway Motorsports, Earnings Report.

  • SPX tops Street 2Q forecasts Wednesday, 29 Jul 2015 | 6:45 AM ET

    CHARLOTTE, N.C. _ SPX Corp. on Wednesday reported second-quarter net income of $38.9 million. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of 79 cents per share. Ten analysts surveyed by Zacks expected $1.05 billion.

  • Quintiles beats Street 2Q forecasts Wednesday, 29 Jul 2015 | 6:33 AM ET

    DURHAM, N.C. _ Quintiles Transitional Holdings Inc. on Wednesday reported second-quarter profit of $85 million. The average estimate of 12 analysts surveyed by Zacks Investment Research was for earnings of 70 cents per share. Ten analysts surveyed by Zacks expected $1.05 billion.

  • The ruling by the U.S. Court of Appeals for the District of Columbia Circuit orders the EPA to redo sulfur-dioxide and nitrogen-oxide standards for 13 states, mostly in the South and Midwest, that contribute to soot and smog along the East Coast. The April 2014 ruling was an important victory for the Obama administration and capped a decades-long effort by the...

  • NEW YORK, July 28- Forty percent of millennials have at least one tattoo, according to Pew Research Center. "If you walk into a boardroom and you have that baby girl tattoo on your neck, you may not get that job you want," said Univerity of Tampa assistant professor Kristen Foltz, who conducted the research. Katie Murtagh, a first-year law student at the Charlotte School...