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Author Archives: Mecklenburg Times staff reports

Building permits, values drop in Meck

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, ...

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Cato Corp. posts improved 4Q results

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, ...

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New American Mortgage, Paramount Lending merge

Charlotte-based mortgage companies New American Mortgage and Paramount Lending have merged under the name New American Mortgage, the companies announced today. The merger will combine New American’s 280 employees nationwide with Paramount’s 20 employees, for a total of 300. Company officials say ...

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