nasdaq – NC Business Desk

Companies & People

United Therapeutics launches $477.6 million accelerated stock repurchase

DURHAM - United Therapeutics entered a $477.6 million accelerated share-repurchase agreement with Citibank, using the remaining portion of a $2 billion authorization.

September 14, 2026

Companies & People

Culp sales rise 6.5% as tariff recovery drives quarterly profit

HIGH POINT - Culp's quarterly sales rose 6.5% to $54 million as a $6.9 million tariff recovery helped the fabric maker return to profit.

September 13, 2026

Companies & People

Kewaunee backlog rises to $169 million as quarterly sales decline 6.7%

STATESVILLE - Kewaunee Scientific's order backlog rose to $169 million during its fiscal first quarter as sales declined 6.7% from a year earlier.

September 13, 2026

Companies & People

Fortrea reinstates Jason Knoblauch as chief financial officer

DURHAM - Fortrea Holdings reinstated Jason Knoblauch as chief financial officer after he, the company and his former employer resolved litigation through a settlement and mutual release.

September 13, 2026

Companies & People

First Citizens completes acquisition of 138 BMO branches

RALEIGH - First Citizens Bank completed the acquisition and conversion of 138 BMO branches, adding about $5 billion in deposits and $650 million in loans.

September 13, 2026

Companies & People

Cardinal Infrastructure establishes $250 million delayed-draw facility

RALEIGH - Cardinal Infrastructure Group said a subsidiary has established a delayed-draw term-loan facility of up to $250 million and increased its revolving commitments to $100 million.

September 13, 2026

Companies & People

Old Dominion Freight Line says August revenue per day rose 12.4%

THOMASVILLE - Old Dominion Freight Line said revenue per day rose 12.4% in August from a year earlier even as daily freight tonnage edged lower.

September 4, 2026

Tag: nasdaq

United Therapeutics launches $477.6 million accelerated stock repurchase

Culp sales rise 6.5% as tariff recovery drives quarterly profit

Kewaunee backlog rises to $169 million as quarterly sales decline 6.7%

Fortrea reinstates Jason Knoblauch as chief financial officer

First Citizens completes acquisition of 138 BMO branches

Cardinal Infrastructure establishes $250 million delayed-draw facility

Old Dominion Freight Line says August revenue per day rose 12.4%