BB&T Corp. said it will pay a 15 cent dividend per common share in the first quarter of 2011. The Winston-Salem-based company said the dividend will be paid Feb. 1 to shareholders of record as of Jan. 7. At that ...Read More »
Banking and Finance
Mortgage lender Foundation Financial Group will be expanding its operations in Charlotte and adding 30 new positions through the first quarter of 2011, doubling its existing Charlotte work force, the company said today. The jobs will include entry-level positions, such ...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 ...
Tagged with: Community Bank of RowanRead More »
Charlotte-based Tree.com, the parent company of LendingTree, said Thursday it plans to repurchase up to $15 million of its common stock. The stock will be bought for $7.25 to $7.75 per share. The company said it will have to determine ...Read More »
Lincolnton-based Carolina Trust Bank has announced a public offering of up to 1.8 million shares of its common stock. The bank, which has six branches in Denver, Gastonia, Lincolnton and Vale, could sell up to 270,000 additional shares as part of the offering. ...
Tagged with: Carolina Trust BankRead More »