public companies
RXO will add 216 new jobs
Noov. 27. RXO, a high-tech freight transportation broker, is investing $13.7 million more in its Ballantyne operations. It means 216 new jobs over the next several years. RXO focuses on tech-enabled brokered transportation. With proximity to key interstates, rail andd an international airport, Charlotte offers a primo environment for a broker of full-truckload freight. RXO’s […]
Lowe’s announces flat 2Q earnings, bonuses for employees
Aug. 17. Mooresville-based Lowe’s Cos. (NYSE: LOW) today reported net earnings of $3.0 billion, in line with prior-year results, and diluted earnings per share (EPS) of $4.67 for the quarter ended July 29, 2022, compared to diluted EPS of $4.25 in the second quarter of 2021. —Lowe’s, which has nearly 2,000 stores in the US […]
Select launches second stock buyback in 13 months
Oct. 5. Select Bancorp, the holding company for Select Bank & Trust, has approved a new stock repurchase plan for up to 875,000 outstanding shares of its common stock. The company may repurchase shares on the open market or through privately negotiated transactions. The new plan replaces one announced in September 2019 for 937,248 outstanding […]
