SPX, Albemarle shares leap to record levels

The Standard & Poor’s 500 Index gained another 1.3% last year, reaching a record level. Many Carolinas-based stocks participated in the rally. These were the best performers included in the Capital Investment Cos./Nottingham Index of public companies for the week ended July 14 among companies with shares trading for at least $10. SPX (SPXC ) 7. 6%  […]

Amazon effect unnerves Ingles investors

Alliance One International, which has a market cap of about $139 million, was the best performer in the Capital Investment Cos./Nottingham Index of Carolinas-based public companies for the week ended July 7 among companies with shares trading for at least $10. Best performers: Alliance One International (AOI) — 7.3% — $15.45  –  Shares of the […]

Strong housing market boosts shares at Jeld-Wen

The strong housing market is boosting business at Charlotte-based Jeld-Wen, which tops the list of best performing Carolinas-based stocks included in the Capital Investment Cos./Nottingham Index of public companies for the week ended June 16. (Shares trading under $10 are excluded.) The strongest performers: Jeld-Wen (JELD) 34.10  7.6%  Shares of the Charlotte-based window maker trade at […]

G1 Therapeutics has jumped 26% since May IPO

G1 Therapeutics gained 9.9%, two weeks after its IPO. The company was founded in 2008 as G-Zero Therapeutics and spun out of the Lineberger Comprehensive Cancer Center at UNC Chapel Hill. Hatteras Venture Partners of Chapel Hill and Wilmington investor Fred Eshelman’s venture firm are among the largest shareholders. It was the best performer in […]

Keeping it real — and other tips on staying sane while investing in stocks

Greg Hlavaty, a writer and amateur investor who lives in Graham, describes his experience attending a training program by Investors Business Daily, the newspaper-website that helps traders pick individual stocks. Investor’s Business Daily recently ran a half-day “Trading Summit” in Raleigh, and though I’m not a subscriber, I’d done a free trial of one of […]

Nucor slammed as stock dives 7.7% last week

Nineteen Carolinas-based stocks declined by at least 4% last week, including many banks that have increased sharply over the last year because of hopes of wider interest-rate margins. Only two stocks gained at least 4%. The S&P 500 index declined 1.3% during the week. These were the best performing Carolinas-based stocks included in the Capital […]

How the UNC System governors roll

Aside from our public schools and community colleges, there may be no more important institution in North Carolina than the 17-campus University of North Carolina System. So it was interesting to attend, for the first time, a meeting of the 32-member UNC Board of Governors, which oversees the system. Every other month or so the […]

ChannelAdvisor slammed as co-founder departs

It was a rough week for Morrisville-based e-commerce company ChannelAdvisor, with slightly weaker sales than expected in the fourth quarter and the resignation of co-founder Aris Buinevicius, chief technology officer since 2001. The news was much better at Wilmington’s Live Oak Bancshares, which is now trading well above its 2015 IPO price. These were the […]

SciQuest’s latest chapter as the Jaggaer meister

Six months after being acquired by private-equity firm Accel-KKR for $509 million, SciQuest is changing its name to better reflect an expanded customer base. The Morrisville-based company has rebranded as Jaggaer (pronounced “Jagger,” as in Mick), which is derived from the German word for “hunter.” The term expresses the company’s “ability to help track value […]

Cempra shares dip 9.1% as founder-CEO departs

These were the best performing Carolinas-based stocks included in the Capital Investment Cos./Nottingham index of public companies for the week that ended Dec. 16. (Stocks trading for less than $5 are excluded.) BioCryst Pharmaceuticals BCRX  12.5% JMP Securities upgraded the drug company’s stock; with 16% of shares sold short, some may feel squeezed? First Bancorp […]

Good times in Mount Airy: Insteel shares rocket 27%

These were the best performing Carolinas-based stocks included in the Capital Investment Cos./Nottingham index of public companies for the week that ended Nov. 25. Insteel Industries IIIN  26.8% – Wire maker was added to S&P Small Cap Index, attracting index-fund buyers. Expected infrastructure spending gains also benefit Mount Airy-based company, with 16% profit increase expected […]

Plexus Capital raises $400M in its fourth fund

Plexus Capital has closed on its $400 million fourth fund, bringing the total raised since the company’s inception in 2005 to $950 million. Raleigh-based Plexus invests in lower-middle market businesses with $10 million to $100 million in revenue. Investors now include 57 banks, 208 individuals and family offices, and eight institutional investors. “The strong support […]