Charlotte home prices fell 3.7 percent in September from a year ago, according to Standard & Poor’s Case-Shiller home price index. Nationally, home prices are down 1.5 percent over the same period. From August to September, Charlotte home prices dropped ...Read More »
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Mooresville-based home-improvement company Lowe’s Cos. Inc. reaffirmed Tuesday its fiscal 2010 earnings projections. During the company’s annual conference in Mooresville, it stuck with the fiscal 2010 forecast it issued Nov. 15. For fiscal 2010, which will end Jan. 28, the ...Read More »
A lawsuit has been filed on behalf of buyers of stock of Strayer Education Inc., which has campuses mainly in the South and Southeast U.S., including in Charlotte. The suit, filed in Florida, claims Strayer, which offers undergraduate and graduate ...Read More »
Mecklenburg County has awarded more construction permits for residential and commercial construction, including rehabilitation projects, in November than in the same month last year. As of Saturday, the county had issued 918 permits for projects with a total value of ...Read More »
Duke Energy said its second commercial wind project is up and running. The Kit Carson Windpower Project, which began running Nov. 19, brings Duke’s total wind-generation capacity to nearly 1,000 watts at nine U.S. wind farms, the company said. Construction at the 6,000-acre ...
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Charlotte-based LendingTree said average mortgage rates fell this week. Average rates offered by LendingTree network lenders declined to 4.55 percent for 30-year fixed-rate mortgages, 3.95 percent for 15-year fixed-rate mortgages and 3.47 percent for 5/1 adjustable-rate mortgages. On Nov. 23, ...Read More »
Charlotte-based SPX Corp. said its board of directors has declared a quarterly dividend of 25 cents per common share payable Jan. 4 to shareholders of record as of Dec. 15. Earlier this month, the Ballantyne-based Fortune 500 company, which provides ...Read More »
Capitol Bancorp is selling Community Bank of Rowan to Piedmont Community Bank Holdings in Raleigh . The sale will help to Capitol Bancorp redeploy capital to its affiliate banks, Capitol’s CEO Joseph Reid said. The transaction, which is subject to regulatory approval, is expected to ...
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