Goodrich Corp. said it has completed its $478 million purchase of Italy-based Microtecnica. The purchase price is $16 million more than what Goodrich said it planned to pay Stirling Square Capital Partners when it announced the deal in April. Microtecnica provides flight-control ...Read More »
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Tree.com said it had a larger net loss in the first quarter than in the same period a year ago. The Charlotte-based company logged a net loss of $39.5 million, or $3.63 per share, compared with a net loss of $6.1 million, or ...Read More »
Duke Energy Corp. and China-based ENN Group have signed an agreement to form an eco-partnership with Charlotte and the Chinese city of Langfang in Hebei Province. The agreement was signed Tuesday at a ceremony over which U.S. Secretary of State Hillary Clinton ...Read More »
Tree.com said Gabriel Dalporto will be the company’s chief marketing officer. The Charlotte-based company said Dalporto will lead all marketing activities, including brand strategy, online and offline advertising, social media and public relations. Dalporto was most recently chief marketing and strategy officer ...Read More »
Charlotte-based Leon Levine Foundation says it will give $2 million to help build a Discovery Place Kids in Rockingham if a campaign can raise $9.6 million by Dec. 31. Leon Levine, founder of the Levine Foundation and chairman emeritus of Family Dollar Stores, ...Read More »
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 »
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 »