As part of a study on whether the city of Charlotte is awarding enough contracts to minority- and women-owned businesses, the city plans to hold a public hearing in April to receive testimony from the public. The city is looking ...Read More »
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Statesville-based Epperson Lumber is being acquired by Broken Arrow, Okla.-based building materials distributor Cedar Creek. On Friday, the wholesale distributor announced a letter of intent to buy Epperson for an undisclosed price. “We are looking to kind of fill the void and ...
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Lowes Cos. today said its board of directors has declared a quarterly cash dividend of 11 cents per share. The Mooresville-based company said the dividend is payable May 4 to shareholders of record as of April 20.Read More »
There were fewer building permits issued in Mecklenburg County last week than the week before, according to county data, and the total dollar value of the construction associated with those permits was down, too. Last week, 290 permits were issued, ...Read More »
Moody’s Investors Service today affirmed its AAA bond rating for Mecklenburg County. In a press release, the county said the credit rating agency cited the county’s “healthy financial position despite some use of reserves, positive steps taken to stabilize and improve ...
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The Charlotte metropolitan area’s unemployment rate increased in January to 11.1 percent from 10.7 percent in December, according to data released today from the Employment Security Commission of North Carolina. The biggest over-the-month job losses in the Charlotte metro area ...
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Revaluation notices for commercial property and condominium owners in Mecklenburg County will be mailed Monday, the assessor’s office said today. More than 25,000 commercial properties and 27,000 condos are part of the 2011 revaluation. The state requires counties to revalue ...Read More »
There were more building permits issued in Mecklenburg County last week than the week before, according to county data, and the total dollar value of the construction associated with those permits was up, too. Last week, 293 permits were issued, ...Read More »
Charlotte-based clothing retailer Cato Corp. posted improved fourth-quarter financial results today. The company recorded net income of $7.9 million, or 27 cents per share, during the fourth quarter. During the same period one year earlier, Cato had net income of $7.3 million, ...Read More »