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  • NEW YORK— International Paper said it is paying $2.2 billion to buy seven mills from Weyerhaeuser that make pulp used in diapers, tissues and other consumer products. International Paper said Monday the mills employ about 1,900 people. Weyerhaeuser Co., based in Federal Way, Washington, is shedding its pulp businesses to focus on selling lumber and other wood...

  • May 2- Pulp and paper company International Paper Co will buy the pulp business of real estate investment trust Weyerhaeuser Co for $2.2 billion in cash. International Paper said it would buy five pulp mills in Mississippi, Georgia, North Carolina, and Canada's Alberta and two converting facilities in Mississippi and Poland. The deal is part of a strategic...

  • Comments released publicly by the federal utility show that the Republican Bentley and Alabama Republican Shelby, along with local officials, one environmental group and others want the Tennessee Valley Authority to get rid of the twin-reactor facility in northeast Alabama near Hollywood. The final decision on whether to sell is up to the TVA board.

  • RALEIGH, N.C. _ INC Research Holdings Inc. on Monday reported first-quarter earnings of $17.4 million. INC Research expects full-year earnings in the range of $2.34 to $2.46 per share, with revenue in the range of $1.02 billion to $1.03 billion. INC Research shares have declined roughly 1 percent since the beginning of the year.

  • ASHEVILLE, N.C. _ HomeTrust Bancshares Inc. on Friday reported fiscal third-quarter profit of $3.1 million. HomeTrust Bancshares shares have decreased slightly more than 8 percent since the beginning of the year. Keywords: HomeTrust Bancshares, Earnings Report.

  • Shares in Valeant fell 4.0 percent to $33.81 in midday trading in New York on Friday and are well down from their all time high of $263.70 in August. "We think investors should sell on this catalyst since the business is quite weak and faces a number of headwinds," Mizuho Securities analyst Irina Koffler said in a research note. The annual report does not answer some...

  • Titan Pharmaceuticals Inc and privately owned Braeburn Pharmaceuticals have together developed a matchstick-sized implant that analysts expect will be approved next month, despite mixed reviews. The market for the implant could also be much bigger than first envisaged should a bill gaining bipartisan support on Capitol Hill become law.

  • ASHEVILLE, N.C. _ ASB Bancorp Inc. on Friday reported net income of $1.1 million in its first quarter. ASB Bancorp shares have dropped slightly since the beginning of the year. Keywords: ASB Bancorp, Earnings Report.

  • V.F. Corp., the owner of the Vans brand, said white Vans that were shipped to stores sold out as the online video was viewed by millions of people. The video, posted on social media app Snapchat in February, was made by California high school students Daniel Lara and Josh Holz. Before the praise, the company warned listeners of the conference call, mostly made up of...

  • MORRISVILLE, N.C. _ SciQuest Inc. on Thursday reported first-quarter net income of $1.1 million, after reporting a loss in the same period a year earlier. For the current quarter ending in July, SciQuest expects its per-share earnings to range from 7 cents to $8. SciQuest expects full-year earnings in the range of 32 cents to 34 cents per share, with revenue ranging...

  • NEW YORK— Shares of HanesBrands soared Thursday, a day after the company said it is buying Australian underwear seller Pacific Brands Ltd. for about $800 million. HanesBrands said the deal, which is expected to close in the third quarter, will boost its business in Australia. HanesBrands of Winston-Salem, North Carolina, owns several brands, including Hanes...

  • NEW YORK, April 28- Oil markets jumped nearly 2 percent on Thursday, scaling 2016 highs for a third straight day as a weaker dollar had investors shrugging off record high U.S. crude inventories and relentless pumping by major producers. Brent futures weere up 87 cents at $48.05 by 1:48 p.m. EDT. U.S. crude's West Texas Intermediate futures rose 70 cents to $46.03,...

  • Lee Churchill, of Raleigh, shows her support of HB2 during a rally at the Halifax Mall in Raleigh, N.C., Monday, April 25, 2016.

    The GOP nominee for attorney general says he's not being anti-gay, just anti-sex predator.

  • NEW YORK, April 28- Oil markets steadied on Thursday after scaling 2016 highs for a third day in a row on the back of a weak dollar as investors looked beyond record high U.S. crude inventories and relentless pumping by major producers to the prospect of future demand. Brent futures were up 36 cents at $47.54 a barrel by 10:49 a.m. EDT, after setting a year-to-date...

  • CHARLOTTE, N.C. _ Park Sterling Corp. on Thursday reported first-quarter earnings of $2.7 million. Park Sterling shares have decreased slightly more than 3 percent since the beginning of the year. Keywords: Park Sterling, Earnings Report.

  • THOMASVILLE, N.C. _ Old Dominion Freight Line Inc. on Thursday reported first-quarter earnings of $60.3 million. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of 76 cents per share. Four analysts surveyed by Zacks expected $722.5 million.

  • CHARLOTTE, N.C. _ Sealed Air Corp. on Thursday reported first-quarter profit of $91.9 million. Sealed Air expects full-year earnings in the range of $2.52 to $2.60 per share. Sealed Air shares have climbed 18 percent since the beginning of the year, while the Standard& Poor's 500 index has increased 2.5 percent.

  • HICKORY, N.C. _ CommScope Holding Co. on Thursday reported first-quarter earnings of $12.6 million. For the current quarter ending in July, CommScope expects its per-share earnings to range from 67 cents to 72 cents. CommScope expects full-year earnings in the range of $2.40 to $2.50 per share, with revenue ranging from $4.95 billion to $5.05 billion.

  • WILMINGTON, N.C. _ Live Oak Bancshares Inc. on Wednesday reported net income of $4.7 million in its first quarter. Live Oak Bancshares shares have increased 10 percent since the beginning of the year. Keywords: Live Oak Bancshares, Earnings Report.

  • SOUTHERN PINES, N.C. _ First Bancorp on Wednesday reported first-quarter net income of $6.8 million. First Bancorp shares have climbed almost 10 percent since the beginning of the year. Keywords: First Bancorp, Earnings Report.