RALEIGH, N.C.–(BUSINESS WIRE)–Xerium Technologies, Inc. (NYSE:XRM), a leading global manufacturer of industrial textiles and rolls used primarily in the paper production process, today introduced Formsoft, an advanced tissue forming fabric technology specifically designed to help its tissue fabric customers improve operational performance at lower costs. “While tissue has been one of the primary growth drivers throughout the industry, it has long been one of the more demanding grades of paper

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Xerium Pioneers Advanced Tissue Fabric Technology with Formsoft

WINSTON-SALEM, N.C.–(BUSINESS WIRE)–Champion Athleticwear has introduced the Sweetheart Compression Sports Bra with narrower straps and lower neckline in time for Valentine’s Day.

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CHAMPION® Athleticwear Introduces Sweetheart Compression Sports Bra Just in Time for Valentine’s Day

CHARLOTTE, N.C.–(BUSINESS WIRE)–The Babcock & Wilcox Company (NYSE:BWC) announced today that its subsidiary, Babcock & Wilcox Nuclear Operations Group, Inc., received its second release under the $2 billion contract awarded in 2010.

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B&W Announces $600 Million Order Under Naval Nuclear Reactor Components Contract

Nashville hotel developer Mark Lineberry was indicted Wednesday on federal charges of fraud and conspiracy related to his former ownership of the downtown Hotel Indigo building.

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Hotel Indigo developer Mark Lineberry indicted on fraud charges

By EMERY P. DALESIO AP Business Writer RALEIGH, NC (AP) — North Carolina's long-time banking commissioner is the choice of America's big banks and attorneys general to make sure a $25 billion settlement over widespread mortgage abuses is carried out. The US Justice Department announced Thursday that 62-year-old Joseph Smith Jr. will oversee the deal that aims to compensate borrowers who …

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NC banking regulator overseeing US mortgage deal

RESEARCH TRIANGLE PARK, N.C.–(BUSINESS WIRE)–Pharmaceutical and biotechnology companies are adapting to a more complex healthcare landscape by better demonstrating the value of their products to private payers, government payers and others.

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Health Economics and Outcomes Research Capability Critical for New Product Success

MONTREAL–(BUSINESS WIRE)–Trimera Group has announced that after over a year of investments in an owned production facility, they will be officially launching the Montreal-based development and production center, Catalyst I, in March 2012, along with a North Carolina-based facility also focused on domestic production and development. Both facilities will offer state of the art design centers for on-site development, as well as the latest in seamless knitting innovations. Trimera Group has worke

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Trimera Group Announces Launch of Domestic Production Facilities and Development Centers, Catalyst I and II

WINSTON-SALEM, N.C.–(BUSINESS WIRE)–Hatteras Financial Corp. (NYSE:HTS) (“Hatteras” or the “Company”) today announced it will conduct a conference call at 10:00 a.m. ET on Wednesday, February 15, 2012, to discuss the Company’s financial results for the quarter ended December 31, 2011. Hosting the call will be Michael R. Hough, Chairman and Chief Executive Officer, Benjamin M. Hough, President and Chief Operating Officer, and Kenneth A. Steele, Chief Financial Officer, along with other members

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Hatteras Financial Corp. Announces Conference Call to Discuss Fourth Quarter 2011 Results

CHARLOTTE, N.C.–(BUSINESS WIRE)–Campus Crest Communities, Inc. (NYSE:CCG) (the “Company”) today announced it closed an underwritten public offering of 2,300,000 shares of its 8.0% Series A Cumulative Redeemable Preferred Stock (the “Series A Preferred Stock”), including 300,000 shares issued and sold pursuant to the exercise of the underwriters’ overallotment option in full. The shares of Series A Preferred Stock were issued at a public offering price of $25.00 per share, for net proceeds of a

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Campus Crest Communities, Inc. Announces Exercise of Underwriters’ Overallotment Option and Subsequent Closing of 8.0% Series A Cumulative…

CHARLOTTE, N.C.–(BUSINESS WIRE)–Bank of America Corporation today confirmed it has joined the other four largest mortgage servicers in agreeing in principle to the terms of a global settlement resolving federal and state investigations into certain origination, servicing and foreclosure practices. The settlement with 49 state attorneys general, the United States Department of Justice and other federal agencies would extend additional relief to homeowners who are struggling to make mortgage pay

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Bank of America Announces Agreements in Principle With Federal and State Authorities on Mortgage Matters