Nexxus Lighting has reported a fourth-quarter net loss. The Charlotte-based provider of commercial-grade LED and fiber-optic lighting systems recorded a net loss of $1.26 million, or 8 cents per share. In the same period one year earlier, Nexxus recorded a net loss of $2.7 ...Read More »
Horizon Lines today said it has extended the expiration date of a consent solicitation for its 4.25 percent convertible senior notes due in 2012. The company announced the consent solicitation earlier this month after it announced that it planned to plead guilty and pay ...
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The Charlotte City Council is expected to decide whether to launch a pilot program to test high-tech water-watering equipment in two neighborhoods. Charlotte-Mecklenburg Utilities will ask the City Council Monday to approve the testing of the equipment, which a CMU press ...Read More »
The Community Builders Inc. submitted another upset bid Thursday for two historic NoDa mills that are to be developed into a residential project, part of which will include affordable housing. The upset bid of $1.24 million is more than double ...Read More »
Atlanta-based SunTrust Banks today said it has named William Peele president and CEO for the Mecklenburg/South Carolina region. He succeeds Carl Wicker, who will retire, as previously announced, next week. Peele will be based in Charlotte. Peele most recently has served as ...Read More »
The U.S. Department of Housing and Urban Development has awarded the Charlotte Housing Authority $48,233, HUD said today. The funding is part of $1.5 million awarded to public housing agencies in North Carolina to help low-income families get job training ...Read More »
The National Board of Examiners in Optometry will expand its Charlotte headquarters by adding the National Center of Clinical Testing in Optometry, the group announced today. To accommodate the 15,000-square-foot expansion, NBEO will relocate from a portion of the 19th floor ...
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COLUMBIA, S.C. — When Norma Sanchez’s family opened a small Spanish grocery store in Conway, they tapped into not only one of South Carolina’s fastest growing counties, but also the state’s fastest growing racial group by far. More than 235,000 ...Read More »
Chanticleer Holdings said its shareholders have approved a 2-for-1 forward split of the company’s common stock, a move that will result in shareholders receiving one additional share for every share owned on the record date. The split became effective Wednesday, at ...
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Average mortgage rates remained steady over the week, Charlotte-based LendingTree says. On Wednesday, average home loan rates offered by LendingTree network lenders were 5.02 percent for 30-year fixed-rate mortgages, 4.15 percent for 15-year fixed-rate mortgages and 3.63 percent for 5/1 adjustable-rate ...
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