Latest Raleigh News

Bandwidth: Q4 Earnings Snapshot

Feb. 28, 2024 07:37 AM EST

RALEIGH, N.C. (AP) — RALEIGH, N.C. (AP) — Bandwidth Inc. (BAND) on Wednesday reported a fourth-quarter loss of $10.9 million, after reporting a profit in the same period a year earlier. The Raleigh, North Carolina-based company said it had a loss of 42 cents per share. Earnings,...

Advance Auto Parts: Q4 Earnings Snapshot

Feb. 28, 2024 06:49 AM EST

RALEIGH, N.C. (AP) — RALEIGH, N.C. (AP) — Advance Auto Parts Inc. (AAP) on Wednesday reported a fourth-quarter loss of $35.1 million, after reporting a profit in the same period a year earlier. The Raleigh, North Carolina-based company said it had a loss of 59 cents per share. ...

Martin Marietta: Q4 Earnings Snapshot

Feb. 14, 2024 07:21 AM EST

RALEIGH, N.C. (AP) — RALEIGH, N.C. (AP) — Martin Marietta Materials Inc. (MLM) on Wednesday reported fourth-quarter net income of $282.5 million. On a per-share basis, the Raleigh, North Carolina-based company said it had profit of $4.55. Earnings, adjusted to account for...

Highwoods Properties: Q4 Earnings Snapshot

Feb. 06, 2024 17:42 PM EST

RALEIGH, N.C. (AP) — RALEIGH, N.C. (AP) — Highwoods Properties Inc. (HIW) on Tuesday reported a key measure of profitability in its fourth quarter. The results topped Wall Street expectations. The real estate investment trust, based in Raleigh, North Carolina, said it had funds...

First Citizens: Q4 Earnings Snapshot

Jan. 26, 2024 06:53 AM EST

RALEIGH, N.C. (AP) — RALEIGH, N.C. (AP) — First Citizens BancShares Inc. (FCNCA) on Friday reported fourth-quarter earnings of $514 million. The Raleigh, North Carolina-based bank said it had earnings of $34.33 per share. Earnings, adjusted for non-recurring costs, were $46.58...

At his old school, term-limited North Carolina governor takes new tack on public education funding

Jan. 23, 2024 17:33 PM EST

NASHVILLE, N.C. (AP) — Blocked by Republican legislators at most every turn to advance his education agenda, Democratic Gov. Roy Cooper said on Tuesday he'd seek in his final year on the job to build a coalition to prod the General Assembly to improve public schools toward his policy preferences....

Biden visits North Carolina, a state he hopes to win in November, to promote internet access

Jan. 18, 2024 21:32 PM EST

RALEIGH, N.C. (AP) — President Joe Biden on Thursday unveiled $82 million for North Carolina to help connect 16,000 new households and businesses to high-speed internet, delivering an election-year pitch about policies he says are "just getting started” at improving the United States. ...

Cooper, Medicaid leader push insurance enrollment as North Carolina Medicaid expansion also grows

Jan. 10, 2024 16:56 PM EST

RALEIGH, N.C. (AP) — North Carolina is barely a month into the start of Medicaid expansion in the state and over 310,000 low-income adults have now enrolled in the government health care coverage, Gov. Roy Cooper said Wednesday while hosting the nation's chief Medicaid regulator. ...

In $25M settlement, North Carolina city `deeply remorseful' for man's wrongful conviction, prison

Jan. 09, 2024 18:31 PM EST

CONCORD, N.C. (AP) — A man wrongfully convicted and imprisoned for 44 years has reached a $25 million combined settlement with a central North Carolina city and the state of North Carolina involving a lawsuit accusing authorities of misconduct, the man's lawyers said Tuesday. The...

Catcher Mitch Garver and Seattle Mariners finalize $24 million, 2-year contract

Dec. 28, 2023 17:29 PM EST

SEATTLE (AP) — Catcher Mitch Garver and the Seattle Mariners finalized a $24 million, two-year contract on Thursday. The 32-year-old hit .270 with 19 homers and 50 RBIs in 87 games for Texas this year. He hit .226 with three homers and 14 RBIs in 14 postseason games, helping the...