shares

INC Research/inVentiv Health shares hammered last week

INC Research/inVentiv Health lost more than $1 billion in market value last week, which makes it the biggest loser among North Carolina public companies after missing earnings expectations. The biggest gainers of the week were Primo Water, Tanger Factory Outlets and Qorvo. Biggest decliners in addition to INC Research/inVentiv Health included Extended Stay America and […]

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Red Hat boss sells shares

Red Hat CEO James Whitehurst has sold almost $1 million shares in the open source software company. Whitehurst sold 8,032 shares at prices from $120.36 to $120.89 per share. He still owns Red Hat stock worth more than $45 million. Whitehurst has regularly profited from selling Red Hat stock. Red Hat is the first open-source […]

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Babcock & Wilcox shares plummet on earning report

Shares at Babcock & Wilcox Enterprises Inc. fell more than 72% Thursday after the Charlotte-based energy supplier reported a second-quarter net loss of $151 million, or $3.09 per share. Babcock & Wilcox Enterprises widely missed analysts’ expectations that it would earn 6 cents per share. Revenue fell nearly 9% to $349.8 million. The company’s stock […]

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Bojangles’ shares drop on lower revenue guidance

Shares in Charlotte-based restaurant chain Bojangles’ dropped more than 6% in after-hours trading Thursday after the company lowered its 2017 revenue guidance to between $549 million and $553 million. Bojangles’, which has more than 600 restaurants nationwide, also reported a drop in second-quarter net income to $8.6 million, or 22 cents per share, down from […]

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