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Top News & Analysis North Carolina

  • NEW YORK— Facebook is acknowledging that governments or other malicious non-state actors are using its social network to influence political sentiment in ways that could affect national elections. It's a long way from CEO Mark Zuckerberg's assertion back in November that it was "pretty crazy" to think that false news on Facebook influenced the U.S....

  • ASHEVILLE, N.C. _ ASB Bancorp Inc. on Friday reported first-quarter earnings of $1.8 million. ASB Bancorp shares have climbed 18 percent since the beginning of the year. Keywords: ASB Bancorp, Earnings Report.

  • CHAPEL HILL, N.C. _ Cempra Inc. on Friday reported a loss of $22.9 million in its first quarter. The average estimate of 10 analysts surveyed by Zacks Investment Research was for a loss of 53 cents per share. Eight analysts surveyed by Zacks expected $3.6 million.

  • GREENSBORO, N.C. _ V.F. Corp. on Friday reported first-quarter profit of $209.2 million. The average estimate of 18 analysts surveyed by Zacks Investment Research was also for earnings of 55 cents per share. Nineteen analysts surveyed by Zacks expected $2.75 billion.

  • NEW YORK, April 28- U.S. refiners have come out of maintenance season betting that big exports to Mexico and South America will help alleviate high product inventories and boost margins as the critical summer driving season nears. Instead, they are taking advantage of demand from places like Mexico and South America, where sputtering local refineries cannot...

  • President Donald Trump's executive order seeking to find new ocean expanses in the Atlantic and the Arctic for offshore drilling is unlikely to reach its goals anytime soon, but instead will kick off a yearslong review and a legal battle. And environmental law and policy experts questioned Trump's authority to reverse Obama's withdrawal of certain areas in...

  • NEW YORK, April 28- U.S. refiners have come out of maintenance season betting that big exports to Mexico and South America will help alleviate high product inventories and boost margins as the critical summer driving season nears. Instead, they are taking advantage of demand from places like Mexico and South America, where sputtering local refineries cannot...

  • WASHINGTON, April 27- President Donald Trump downplayed the severity of a potential government shutdown on Thursday, just two days shy of a deadline for Congress to reach a spending deal to avert temporary layoffs of federal workers. Congress has until 12:01 a.m. ET on Saturday to pass a bill to fund the government or face a shutdown, which would temporarily lay...

  • WASHINGTON, April 27- President Donald Trump downplayed the severity of a potential government shutdown on Thursday, just two days shy of a deadline for Congress to reach a spending deal to avert temporary layoffs of federal workers. Congress has until 12:01 a.m. ET on Saturday to pass a bill to fund the government or face a shutdown, which would temporarily lay...

  • SOUTHERN PINES, N.C. _ First Bancorp on Thursday reported first-quarter net income of $7.6 million. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 40 cents per share. First Bancorp shares have climbed 13 percent since the beginning of the year.

  • CHARLOTTE, N.C. _ Carlisle Cos. Inc. on Thursday reported first-quarter profit of $61.8 million. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1 per share. Four analysts surveyed by Zacks expected $832.7 million.

  • "It seems counterintuitive they are investing in any physical stores when they are blamed for the demise of so many of them, but no cow is sacred," says Sucharita Mulpuru, a retail analyst in Charlotte, North Carolina. In the first three months of the year, the Seattle company earned $724 million, or $1.48 per share, a 41 percent increase from a year earlier.

  • OKLAHOMA CITY— Four years ago, Oklahoma's oil patch was booming, unemployment was falling and state lawmakers were debating what to do with $200 million in surplus revenue. Oklahoma's woes are intensifying just as President Donald Trump's administration proposes its own ambitious plan to slash corporate and personal taxes. The White House insists the...

  • ASHEVILLE, N.C. _ HomeTrust Bancshares Inc. on Thursday reported fiscal third-quarter earnings of $274,000. HomeTrust Bancshares shares have fallen 2 percent since the beginning of the year. Keywords: HomeTrust Bancshares, Earnings Report.

  • CHARLOTTE, N.C. _ Park Sterling Corp. on Thursday reported first-quarter earnings of $7.5 million. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 13 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.

  • CHARLOTTE, N.C. _ Tree.com Inc. on Thursday reported first-quarter profit of $6.9 million. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 92 cents per share. Four analysts surveyed by Zacks expected $125.2 million.

  • THOMASVILLE, N.C. _ Old Dominion Freight Line Inc. on Thursday reported first-quarter earnings of $65.8 million. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of 79 cents per share. Five analysts surveyed by Zacks expected $747.1 million.

  • CHARLOTTE, N.C. _ Extended Stay America Inc. on Thursday reported first-quarter earnings of $23.1 million. Extended Stay America expects full-year revenue in the range of $1.29 billion to $1.31 billion. Extended Stay America shares have climbed 8 percent since the beginning of the year.

  • RALEIGH, N.C. _ First Citizens BancShares Inc. on Wednesday reported first-quarter net income of $67.6 million. The bank, based in Raleigh, North Carolina, said it had earnings of $5.63 per share. Keywords: First Citizens BancShares, Earnings Report.

  • But a leading GOP moderate criticized the reshaped legislation as a conservative exercise in "blame-shifting and face-saving" that wasn't winning new support from party centrists, leaving its fate unclear. The embrace by the hard-line Freedom Caucus Wednesday supplied fresh votes and momentum for GOP leaders, who also lined up behind the plan and crave a...