Recent Posts
Martin Marietta declares dividend
Martin Marietta Materials (NYSE:MLM) has declared a regular quarterly cash dividend of $0.55 a share on the Company’s outstanding common stock. The dividend is payable June 30 to shareholders of record at the close of business on June 1. It represents a cash dividend of $2.20 per share on an annualized basis. A leading supplier […]
Do you need to pivot your business? Learn how with PitchBreakfast
May 12. PitchBreakfast is hosting the Pitch Your Pivot Challenge via Zoom tomorrow May 13 at 8:45 am to support local entrepreneurs and small businesses. The Pitch Your Pivot Challenge is an opportunity for founders to share how they are adapting to the current crisis—and win some funding. There is more than $5,000 being awarded […]
Uwharrie earnings rise, but sets aside $632,000 for possible COVID-related loan losses
May 9. Uwharrie Capital Corp., parent of Uwharrie Bank, reported consolidated total assets rose to $674.7 million at March 31, vs. $656.8 million at year-end 2019. First-quarter earnings from operations before income tax and loan loss provisions reached $1 million, up $285,000 from the same year-ago period. Because of the increased risk and uncertainty associated […]
NC 6th worst impact from COVID-19 unemployment—WalletHub
May 8. To identify which states’ workforces have been hurt most by COVID-19, WalletHub compared the 50 states and the District of Columbia based on increases in unemployment claims. The most impacted states range from Florida (the worst) to North Carolina (No. 6) to Montana (least effected). The average state unemployment benefit in North Carolina […]
Makes sense: Social engagement online hits all-time high
May 8. Ad impressions served on Facebook were up 39 percent in Q1, with the average price per ad down 16 percent, according to Jeremy Anspach, CEO of PureCars, a digital marketing platform for the automotive industry. More interesting data: —More than 700 million daily active participants making calls on Messenger and WhatsApp. —More than […]
COVID-19 affects bank’s annual meeting
KS Bancorp Inc. , parent company of KS Bank in Smithfield, is limiting the number of shareholders that will be permitted to physically attend the annual meeting May 14. Of course, it’s all due to COVID-19 and physical distancing. The meeting, which will start at 7 p.m., will be open on a conference call to […]
Davidson Day has new head of school
Pete Moore is the new head of Davidson Day School effective July 1. He replaces interim head of school Wes Wehunt, who took over after Dr. Latta Baucom died in July of last year after a nearly three-year battle against liver cancer. Moore currently leads the Lower School at Lake Forest Country Day School in […]
When will we get back to business?
March 13. By Dave Yochum. The coronavirus may be halting more and more events, but we’ll get through this. There’s plenty of foodstuffs on the shelves at the Harris Teeters and Publix, although bathroom tissue is an issue at the Antiquity store. The grocery manager there said a shipment comes in tonight. The shelves were […]
Linden Mill: Still unclear when redevelopment begins
By Dave Vieser. The old Linden Mill, one of the last original buildings in the center of Davidson, is being considered for redevelopment under a plan recently presented to town officials by the State Department of Environmental Quality (DEQ). Town officials are excited about the possibility of seeing new activity on the property just south […]
Sally Ashworth rolls out the welcome mat
When Sally Ashworth joined Visit Lake Norman back in 2001, there were 12 hotels among the three towns of North Mecklenburg: Cornelius, Davidson and Huntersville., Now there are 19 properties. The most exciting news is the upcoming Republican National Convention, slated for August this year. “We are planning and preparing for the single largest event […]
