January 15, 2009

BofA stock plummets

Bank of America Corp.’s stock, which had already dropped more than 27 percent this month, fell another 18 percent in Thursday trading.
BofA’s stock, which has traded between $10.01 and $45.08 over the last year, closed at $8.32 per share Thursday, down from Wednesday’s closing price of $10.20.
The drop in value follows a report from The [...]

January 15, 2009

Chamber: 12,165 new jobs announced in ‘08

Amid last year’s job losses, companies announced expansions, relocations and other moves that would create more than 12,000 jobs in the Charlotte area, according to a report the Charlotte Chamber released today.
The 12,165 jobs announced are down 17 percent from those announced in 2007. In addition, some announced jobs won’t be filled until this year [...]