The Standard & Poor’s 500 Index gained another 1.3% last year, reaching a record level. Many Carolinas-based stocks participated in the rally. These were the best performers included in the Capital Investment Cos./Nottingham Index of public companies for the week ended July 14 among companies with shares trading for at least $10. SPX (SPXC ) 7. 6% […]
Eric Hall, superintendent of North Carolina’s Achievement School District, gave the State Board of Education a glimpse of the future of his district at Thursday’s board meeting.
The strong housing market is boosting business at Charlotte-based window and door manufacturer Jeld-Wen. The company’s shares rose 7.6% last week, making it one of the best performing Carolinas-based stocks. Other top performers were 3D Systems of Rock Hill, S.C., and Columbia, S.C.-based utility Scana Corp.
Shares of Lowe’s Cos. Inc. fell 7% in premarket trading Wednesday after the Mooresville-based home-improvement retailer reported lower-than-expected first-quarter earnings and comparable sales. Net income fell to $602 million, or 70 cents per share, from $884 million, or 98 cents per share, a year earlier. Excluding a $464 million loss on the extinguishment of debt, […]