Stockholders for snack-food company Lance approved a merger between the Charlotte-based company and Hanover, Pa.-based Snyder’s of Hanover by more than 96 percent Thursday. If Snyder’s shareholders approve the merger Friday, the merger could be finalized by Monday. “We are ...Read More »
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There were 821 foreclosure filings in Mecklenburg County in November, the fewest number of foreclosure filings recorded in one month since January when there were 802 filings recorded, according to the North Carolina Administrative Office of the Courts. That figure ...Read More »
Charlotte-based Sonic Automotive said Thursday that it has completed the redemption of its outstanding 4.25 percent convertible senior subordinated notes due 2015. To date in 2010, the Fortune 500 automotive retailer said it has repurchased or redeemed $49 million of its outstanding public debt ...
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Charlotte-based apparel retailer Cato Corp. said Thursday that same-store sales in November increased 5 percent from November of last year. Sales for the four weeks that ended Nov. 27 rose to $65.8 million, an increase of 6.8 percent from $61.6 million in sales for ...
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Sales of foreclosure homes in the Charlotte metro area fell nearly 33 percent in the third quarter of 2010 from the same quarter last year, Irvine, Calif.-based RealtyTrac said Thursday. Foreclosure homes accounted for 16.7 percent of all homes sold ...Read More »
The North Carolina Housing Finance Agency announced Wednesday that a new state foreclosure-prevention fund is available through participating U.S. Department of Housing and Urban Development-approved counseling agencies. Financed by the U.S. Department of the Treasury’s Hardest Hit Fund, the program ...
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Charlotte-based Goodrich Corp., a supplier of systems and services for aerospace, defense and homeland security, has appointed Mike Brand as the company’s vice president of the 787/Commercial Airframe Entry Into Service Division. Brand has been a Goodrich employee since 2005. ...Read More »
Gastonia-based CaroMont Health said Douglas Luckett has been named executive vice president of operational integration and chief operating officer. In that role, effective Jan. 1, Luckett will be responsible for all clinical operations at CaroMont. Before coming to CaroMont, Luckett ...Read More »
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 »
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 »