BNY MELLON CEO HASSELL SAYS HE SEES MORE CONSOLIDATION AHEAD FOR ASSET MANAGEMENT INDUSTRY.
HASSELL DOES NOT RULE OUT MAKING ACQUISITIONS DURING CONFERENCE CALL, SAYS' IT'S GOING TO BE A SCALE BUSINESS...
CHARLOTTE, N.C. _ Nucor Corp. on Thursday reported third-quarter profit of $270 million. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 90 cents per share. Nucor shares have climbed 19 percent since the beginning of the year, while the Standard& Poor's 500 index has climbed roughly 5 percent.
WASHINGTON, Oct 20- The number of Americans filing for unemployment benefits rose more than expected last week, but remained below a level that is associated with a strong labor market. Initial claims for state unemployment benefits increased 13,000 to a seasonally adjusted 260,000 for the week ended Oct. 15, the Labor Department said on Thursday.
DETROIT— Stopping to pick up a stray penny off the ground may not seem worth the effort, yet one bank is trying to change that mindset by placing 100 fake pennies across the country worth $1,000 apiece. The lucky pennies carry a copper color like real pennies, but feature the Detroit- based bank's logo instead of Abraham Lincoln's head. The pennies have been placed in...
HIGH POINT, N.C. _ BNC Bancorp on Thursday reported third-quarter net income of $18.1 million. The bank, based in High Point, North Carolina, said it had earnings of 38 cents per share. Keywords: BNC Bancorp, Earnings Report.
WASHINGTON— The number of Americans seeking unemployment benefits rose to the highest level in five weeks but still remained close to the recent 43- year lows. THE NUMBERS: Weekly applications for jobless benefits rose by 13,000 last week to 260,000, the Labor Department reported Thursday. Stephen Stanley, chief economist at Amherst Pierpont Securities,...
Initial claims for state unemployment benefits increased 13,000 to a seasonally adjusted 260,000 for the week ended Oct. 15, the Labor Department said on Thursday. Outside the storm-affected states, there were big increases in unadjusted claims for Michigan, Kentucky and California. A Labor Department analyst said there were no special factors influencing...
MOUNT AIRY, N.C. _ Insteel Industries Inc. on Thursday reported fiscal fourth-quarter earnings of $9.9 million. Insteel Industries shares have climbed 56 percent since the beginning of the year. Keywords: Insteel Industries, Earnings Report.
CHARLOTTE, N.C. _ Capital Bank Financial Corp. on Thursday reported third-quarter net income of $18.5 million. The average estimate of three analysts surveyed by Zacks Investment Research was also for earnings of 43 cents per share. Capital Bank shares have risen nearly 1 percent since the beginning of the year.
Waterkeeper Alliance said it took boats down the Neuse River earlier this week, collected samples and photographed thick gray muck in the water near the H.F. Duke Energy acknowledged that the material is a coal-burning byproduct carried off by the floodwaters that flowed over three inactive coal ash basins, but said it's a safe form of the residue.
RALEIGH, N.C. _ Yadkin Financial Corp. on Wednesday reported third-quarter profit of $16.3 million. The Raleigh, North Carolina- based bank said it had earnings of 32 cents per share. Keywords: Yadkin Financial, Earnings Report.
WINSTON SALEM, N.C.— Reynolds American's third quarter results missed Wall Street's view as cigarette volumes declined. Debra Crew, president and chief operating officer of subsidiary R.J. Reynolds Tobacco Co., was named president- and CEO-elect. She will become president and CEO of Reynolds American, as well as a board member, on Jan. 1, 2017.
WINSTON-SALEM, N.C. _ BB&T Corp. on Wednesday reported third-quarter net income of $642 million. The average estimate of 15 analysts surveyed by Zacks Investment Research was for earnings of 70 cents per share. BB&T shares have increased slightly since the beginning of the year, while the Standard& Poor's 500 index has climbed nearly 5 percent.
DURHAM, N.C. _ Cree Inc. on Tuesday reported fiscal first-quarter net income of $566,000, after reporting a loss in the same period a year earlier. Four analysts surveyed by Zacks expected $324.2 million. Analysts surveyed by Zacks had expected revenue of $342.3 million.
NEW YORK/ BOSTON, Oct 17- Largely united in their dislike of Republican presidential candidate Donald Trump, some ultra-wealthy U.S. investors who play in conservative politics are warily weighing their choices, torn between third-party candidates, simply focusing on down-ballot contests or even voting for Democrat Hillary Clinton. Stanley Druckenmiller,...
Police are looking into an apparent attack on a local GOP headquarters in Hillsborough.
A Republican party office in North Carolina was firebombed overnight and a nearby building was scrawled with graffiti, NBC News reports.
Two more people have died in North Carolina because of Hurricane Matthew.
HARTFORD, Conn.— A judge on Friday dismissed a wrongful-death lawsuit by Newtown families against the maker of the rifle used in the Sandy Hook Elementary School shooting massacre, citing an embattled federal law that shields gun manufacturers from most lawsuits over criminal use of their products. State Superior Court Judge Barbara Bellis granted a motion...