Bank of America today released the results of its 2011 annual meeting, and CEO Brian Moynihan was upbeat about the Charlotte-based company. “We are a much stronger company than last year,” Moynihan said. “We have lowered the risk in our business, ...Read More »
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Foreclosure filings in Mecklenburg County dropped by 23 percent in April compared with a year ago, according to a report from the North Carolina Administrative Office of the Courts. There were 704 foreclosure filings in April, down from the 919 ...
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Charlotte-area home sales fell in April from the same month last year while the average sales price rose, according to the Charlotte Regional Realtor Association. There were 1,882 sales, down 15.8 percent from 2,235 in April 2010. April sales were down 1.1 percent ...
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Babcock & Wilcox Co. today said that its subsidiary and Toshiba Corp. are joining forces to collaborate on next-generation thermal and solar technologies and explore cooperating on projects in Asia, India and other emerging markets. The subsidiary is Babcock & Wilcox Power ...Read More »
MedCath Corp. today said it has completed the $5 million sale of its ownership interest and management agreement in Coastal Carolina Heart to New Hanover Regional Medical Center in Wilmington. CCH, part of the company’s MedCath Partners division, provides catheterization laboratory ...Read More »
EnPro Industries this morning reported lower net income for the first quarter compared with the same period last year. The Charlotte-based company, which manufactures and markets industrial sealing products, said it had net income of $15.2 million, or 74 cents a ...Read More »
The Charlotte area had the smallest decline in home prices in the four months that ended at the start of May compared with the previous three months, making it No. 1 among the highest-performing major U.S. markets, Truckee, Calif.-based Clear Capital said. ...Read More »