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Cato Corp. reports lower sales

Charlotte-based clothing retailer Cato Corp. today said sales for the five weeks that ended Saturday totaled $97.4 million, an 8 percent decrease from $105.7 million for the five-week period that ended April 3, 2010. Same-store sales for the month decreased 9 percent. Sales for ...

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NC home prices drop 2 percent

North Carolina home prices fell 2 percent in February from a year ago, according to Santa Ana, Calif.-based CoreLogic. The figure includes distressed sales. Prices for nondistressed sales rose 1.5 percent in the state. National home prices, including distressed sales, ...

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LMC Capital changes name to Sherman & Co.

LMC Capital said it has changed its name to Sherman & Co. Holdings. The Charlotte-based investment banking firm said it is not changing its services, which focus on the insurance industry. But the company has changed its website. LMC Capital was founded in ...

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