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 […]
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 […]
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.