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THURSDAY, DECEMBER 04, 2008 |
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Women's Center of Fayetteville wins nonprofit award
10/09/2003 07:25 AM
WINSTON-SALEM - The Women's Center of Fayetteville was one of three groups selected today to receive a 2003 Nonprofit Sector Stewards Award from the North Carolina Center for Nonprofits.
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Wachovia reports record earnings
10/15/2003 10:34 PM
CHARLOTTE Wachovia Corp. (NYSE: WB), which has a strong presence in the Sandhills, reported record earnings of $1.11 billion, or 83 cents a share, for the third quarter, up from $913 million, or 66 cents a share, during the same period a year ago.
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The Pantry completes acquisition of Golden Gallon stores
10/17/2003 09:15 AM
SANFORD The Pantry, Inc. (Nasdaq: PTRY), a leading convenience store retailer, today announced that it has completed the acquisition of 138 convenience stores operating under the Golden Gallon name from Ahold, USA, Inc.
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Two area firms among nations fastest growing
10/16/2003 07:35 PM
FAYETTEVILLE School Link Inc. and Advanced Internet Technologies, both of Fayetteville, have been named to the 2003 Technology Fast 500 list by Deloitte & Touche.
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Static Control dealt blow in fight with Lexmark
10/02/2003 04:33 PM
SANFORD Static Control Components Inc. has lost the latest round of its ongoing legal dispute with computer printer maker Lexmark International Inc.
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Feds back Static Control in toner cartridge fight
10/30/2003 09:24 AM
SANFORD The U.S. Copyright Office has given a boost to Static Control Components Inc.s fight against Lexmark International Inc. over remanufactured printer cartridges.
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Speedway owner posts higher revenue, income
10/08/2003 07:56 PM
ROCKINGHAM International Speedway Corp. (Nasdaq: ISCA), the owner of North Carolina Speedway in Rockingham, reported third-quarter earnings of $36 million, or 68 cents per share, on $160.6 million in revenue, up from the $29.6 million, or 56 cents per share, earned on $136.4 million in revenue a year ago.
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M.J. Soffe sold to Georgia textile company
10/03/2003 09:00 PM
FAYETTEVILLE Delta Apparel Inc. (AMEX: DLA) has completed its acquisition of all of the outstanding capital stock of M. J. Soffe Co. for $52 million in cash and the assumption of debt, as well as additional operating capital.
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SCORE, Easi Media partner to help small businesses
10/20/2003 11:48 AM
WASHINGTON SCORE and content provider Easi Media, Inc. have announced an agreement to provide a free copy of Easi Media's electronic Small Business Technical Guide, iEdition, to small business owners and entrepreneurs who receive personal and email counseling from SCORE or attend a SCORE training workshop.
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SBA: New website for doing business overseas
10/17/2003 01:12 PM
WASHINGTON A new website to assist small businesses seeking to tap into international markets was launched today by the U.S. Small Business Administration in partnership with the American International Group, Inc. and the U.S. Chamber of Commerce.
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SBA announces new rule to help small businesses
10/22/2003 12:57 PM
WASHINGTON The U.S. Small Business Administration today announced publication of a final rule on contract unbundling, which will allow small businesses to better compete for federal contracts.
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SBA makes 30 percent more loans in N.C. in FY2003
10/29/2003 05:08 PM
CHARLOTTE The U.S. Small Business Administration made 968 loans in North Carolina in fiscal year 2003, a 30 percent increase over the 741 loans made in the previous year, the SBA announced today.
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RTRP panel unveils target industries for development
10/22/2003 01:24 PM
RALEIGH Business, academic and economic development leaders from the Research Triangle region have agreed on eight technologies and a set of strategies to create jobs in both rural and urban areas.
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Wal-Mart to anchor $16.5M project in Rockingham
10/28/2003 04:47 PM
ROCKINGHAM A Wal-Mart Super Center will anchor a new $16.5 million commercial/retail development project that will provide 550 to 700 jobs when it is completely built out, officials announced today.
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Randolph textile firms grow, shut down
10/20/2003 09:11 PM
ASHEBORO Randolph County is riding a roller coaster with the textile industry, as one manufacturer is hiring while another one plans to close.
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Progress Energy earnings blow through hurricane costs
10/25/2003 11:23 AM
RALEIGH Despite the repair costs following Hurricane Isabel, Progress Energy (NYSE: PGN) reported third-quarter earnings of $319 million, or $1.34 a share, more than double the $151.9 million, or 70 cents per share, earned during the same period a year ago.
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Moore County economic development group hires leader
10/21/2003 07:01 PM
SOUTHERN PINES Moore County Partners in Progress, the county's economic development organization, has hired retired textile industry executive Ray Ogden of Southern Pines as its executive director.
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New Century 3Q income jumps 46 percent
10/23/2003 10:06 PM
DUNN New Century Bancorp (OTC: NCBC), the holding company for New Century Bank, reported third-quarter income of $290,000, up 46 percent from the $199,000 earned during the same period a year ago.
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McRae lands military boot contract
10/03/2003 08:38 PM
MOUNT GILEAD McRae Industries Inc. (Amex: MRIA) has been awarded a new one-year federal contract to produce direct molded sole military combat boots, with options for two additional years.
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McRae sales up, net down in fiscal 2003
10/31/2003 09:16 PM
MOUNT GILEAD McRae Industries Inc. (Amex: MRIA) reported fiscal 2003 earnings of $2.5 million, or 89 cents per share, on $77 million in revenue, compared with $2.6 million in earnings, or 93 cents per share, on $74.5 million in revenue in 2002.
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GOJO Industries to create 250 jobs in Laurinburg
10/02/2003 10:05 PM
LAURINBURG GOJO Industries of Akron, Ohio, has chosen the former Abbott Laboratories plant to manufacture Purell instant hand sanitizer, a $10 million investment that will eventually create 250 jobs, Gov. Mike Easley announced today.
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Mistake at subsidiary causes FNB income to drop
10/23/2003 10:07 PM
ASHEBORO FNB Corp. (Nasdaq: FNBN), the holding company for First National Bank and Trust Co., Rowan Bank and Dover Mortgage Co., reported a 33 percent drop in third-quarter income, to $1.5 million from $2.3 million a year ago.
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First Citizens 3Q net falls 15 percent
10/27/2003 08:17 PM
RALEIGH First Citizens BancShares Inc. (Nasdaq: FCNCA) reported a 14.7 percent decline in third-quarter earnings, to $20.3 million, or $1.94 per share, from $23.8 million, or $2.27 per share, during the same period of 2002.
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First Bank completes purchase of RBC Centura branches
10/27/2003 08:15 PM
TROY First Bancorp (Nasdaq: FBNC), the parent company of First Bank, has completed the purchase of four RBC Centura branches located in Wallace, Kenansville, Fairmont and Harmony.
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First Bank reports record quarterly earnings
10/23/2003 10:09 PM
TROY First Bancorp (Nasdaq: FBNC), the parent company of First Bank, reported record third-quarter income of $5.1 million, or 53 cents per share. During the same period a year ago, the bank earned $4.7 million, or 50 cents per share.
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Merger helps Crescent income jump 18%
10/16/2003 01:24 PM
CARY Crescent Financial Corp. (Nasdaq: CRFN), which in August completed its acquisition of Centennial Bank in Moore County, reported an 18 percent increase in third-quarter earnings over last year.
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Coty project wins architectural award
10/09/2003 07:09 AM
SANFORD - Coty's Vision 2002 Control Center, which opened last year, got the thumbs-up from architects across the state when the project received a design award from the North Carolina Chapter of the American Institute of Architects.
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Capital Bank removes interim tag from CEO's title
10/20/2003 09:16 PM
RALEIGH Capital Bank Corp. (Nasdaq: CBKN) has named William C. Burkhardt as chief executive officer as part of the banks strategy for restructuring its executive management team.
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Capital Bank forecasting 3Q loss
10/13/2003 10:06 PM
RALEIGH Capital Bank Corp. (Nasdaq: CBKN), which has four branches in the Sandhills, has announced that bad loans will result in a loss for the third quarter, which ended Sept. 30, of $2 million to $2.3 million, or 30 to 33 cents per share.
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Bad loans lead to loss for Capital Bank
10/25/2003 11:29 AM
RALEIGH Capital Bank Corp. (Nasdaq: CBKN) reported a third-quarter loss of $2.1 million, or 32 cents per share after credit issues forced it to set aside more money for possible bad loans.
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BofA ranked states top SBA lender
10/25/2003 11:25 AM
CHARLOTTE Bank of America has retained its ranking as the leading Small Business Administration lender in North Carolina by issuing 252 SBA loans to entrepreneurs during the 2003 fiscal year, ended Sept. 30.
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BofA reports record income in 3Q
10/14/2003 07:54 PM
CHARLOTTE Bank of America Corp. (NYSE: BAC) reported record earnings of $2.92 billion, or $1.92 per share, for the third quarter, a 31 percent increase from the $2.24 billion, or $1.45 per share, earned a year ago.
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BB&T earnings down after charges
10/14/2003 07:56 PM
WINSTON-SALEM Restructuring charges and a July merger led BB&T Corp. (NYSE: BBT) to report a 65 percent drop in third-quarter income, from $328.2 million, or 69 cents per share, in 2002 to $115.9 million, or 21 cents per share.
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Former NFL star to address SEBIO conference in Pinehurst
10/28/2003 01:23 PM
RESEARCH TRIANGLE PARK Organizers of the 5th annual Southeastern BIO Investor Conference (SEBIO) today announced that Harris Barton, a former National Football League star and current general partner of Champion Ventures, will speak at an investor dinner during the region's premier life sciences investment event.
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