Cato

Cato Corp. criticized over board makeup

An activist shareholder is criticizing Charlotte-based Cato Corp. for its all-male board, in the latest backlash the women’s fashion retailer is getting over the issue. The shareholder, Ohio-based Needmor Fund, describes Cato’s board as consisting of “all white men,” according to a statement a Needmor representative is expected to read Friday at Cato’s annual meeting […]

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Coke Consolidated pops 13%, while Cato continues slide

These were the best performing Carolinas-based stocks included in the Capital Investment Cos./Nottingham Index of public companies for the week ended March 17 among companies with shares trading for at least $10. Coca-Cola Bottling Consolidated (COKE) – 13% – Sales have increased 35% over last year, mostly because of acquisitions. CEO Frank Harrison’s compensation was […]

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