U_R_
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Posts posted by U_R_
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American Airlines from mid-February 2020 is launching codeshare partnership with Brazilian carrier GOL, covering various routes within and beyond Brazil. Planned codeshare routes to commence on 13FEB20. The oneWorld carrier since 01FEB20 discontinued codeshare partnership with LATAM Airlines Group, including LATAM Airlines Brasil.
Will be interresting to see how the battle for South American partners ends up. I do find it funny how Delta and America have switched between the same South American partners many twice now I believe.
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Premier Inc. (NASDAQ: PINC), a leading healthcare improvement company, today announced that it has entered into a definitive agreement to acquire substantially all the assets and certain liabilities of Acurity, Inc. and Nexera, Inc., two indirect wholly owned subsidiaries of the Greater New York Hospital Association (“GNYHA”), for approximately $291.5 million, comprised of approximately $166.1 million in cash at close and additional estimated deferred payments of $125.4 million.
Premier Inc. (NASDAQ: PINC) is a leading healthcare improvement company, uniting an alliance of more than 4,000 U.S. hospitals and health systems and approximately 175,000 other providers and organizations to transform healthcare. With integrated data and analytics, collaboratives, supply chain solutions, and consulting and other services, Premier enables better care and outcomes at a lower cost. Premier plays a critical role in the rapidly evolving healthcare industry, collaborating with members to co-develop long-term innovations that reinvent and improve the way care is delivered to patients nationwide. Headquartered in Charlotte, N.C., Premier is passionate about transforming American healthcare. Please visit Premier’s news and investor sites on www.premierinc.com; as well as Twitter, Facebook, LinkedIn, YouTube, Instagram and Premier’s blog for more information about the company.
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12 hours ago, kermit said:
“Limitless paper in a paperless world”
There is a lot of money in paper... someone has to make those shipping and take out boxes after all.
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Continuum Global Solutions notified the N.C. Department of Commerce on Thursday that it will soon close the company's center at 2745 Whitehall Park Drive. Debra Davis, the director of human resources for Continuum, wrote in the company's Worker Adjustment and Retraining Notification letter of plans to lay off 383 workers and close its facility in Charlotte on April 30.
From a paywall article.
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7 hours ago, CarolinaDaydreamin said:
I used to be a huge AirTran fan, travelled them every chance, they were much cheaper than Delta. Now Southwest has one of their largest hubs in Atlanta, and it has helped tremendously with prices and I have never flown them but am a Delta Diamond. Its amazing how a little price change from one airline can really change travel plans.
Southwest has actually cut down service from peak AirTran levels. It’s still a large base, but I think southwest is doing around 30% less flying into Atlanta than when AirTran/Southwest we’re flying.
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https://news.alphastreet.com/american-airlines-aal-q4-earnings-rise-19-tops-street-view/
I think American surprised quite a few people with its earnings for the quarter and year, but it still has some catching up to do if it wants to reach the level of United, Delta, or Southwest.
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15 minutes ago, KJHburg said:
Atlanta number 1 in bed bugs in the south and the home of the new Truist Park home of the Braves.
WoAh... we don't talk about Truist Park here in Atlanta. 0_0
Maybe the Rollins execs are happy with all of the business they get in the ATL?
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6 hours ago, KJHburg said:
Not sure if this is good news or bad news but this is one list you don't want to be #1 on and Charlotte comes in at #20 Congratulations on being #1 in Bedbugs Washington DC
Orkin's top 50 US city Bed Bug List
Atlanta really exposed itself on this one
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14 minutes ago, CarolinaDaydreamin said:
IBM isn't moving RedHat jobs to ATL. IBM's presence in Atlanta is actually quite limited vs what it was 15 years ago.
Ahh no... I was using IBM’s acquisition of RedHat as a comparison for GA losing SunTrust. While they’re not the same, I was trying to show that there still an ebb and flow with companies with both NC and GA gaining and losing F1000 and F500 companies.
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On Forbes's America's Largest Private Companies List there were four companies from NC that made the list.
Rank Company Revenue
86. American Tire Distributors Holdings 5 Billion
121. Belk 3.6 Billion
144. SAS 3.3 billion
201. Alex Lee 2.3 Billion
Of the list, both ATD Holdings and Belk are headquartered in the Charlotte area (correct me if I'm wrong 0_0). Overall, that's some nice representation on the list with some large companies.
https://www.forbes.com/largest-private-companies/list/#tab:rank
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2 hours ago, ScottCLT said:
But how were the tacos?
I ate at Ava - had their fennel sausage pizza. It was good, but not really competition to Inizio and Capishe. I'm most looking forward to Botiwala.
There is a Botiwala in DT Alpharetta and all the people around here have said it's fantastic, so I presume that your hope will be matched or even exceeded.
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13 hours ago, KJHburg said:
Dear Greystar.
as the owner of the Ascent a beautiful apartment tower in uptown Charlotte (which has really grown on me) I know you can make this minor improvement. Please get some plants that can grow in your planters and I know if this building was in your hometown of Charleston you would not allow these dead weeds or plants to remain. You are the largest owner and manager of apartments in these great United States and I know you can do better on this your premier property in the Charlotte market. You spent a considerable amount of money on this 33 story tower so I know you have it to do some minor landscaping upgrades.
Concerned Charlottean,
KJ
Thought I would add a pic of their brand new corporate headquarters in Charleston. This pic is while it was still getting some "finishing touches", and I can attest to it and say that it looks phenomenal in person. They obviously have the cash to remove those weeds in Charlotte.
(The pic is my own)
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52 minutes ago, Crucial_Infra said:
I wonder what the gain of Truist will add to NC and thus subtract from Ga. Also Honeywell
Hmm... I don't entirely think those deals will affect numbers too greatly except in the financial sector. Even then, Invesco/Synovus have already started to and will pick up some of the "scraps" of the BB&T merger and Suntrust. In addition, you have to take into account IBM's acquisition of RedHat, NS and Newell Brands moving to the ATL, and the big hiring sprees by companies in both NC and GA.
However, NC definitely has GA beaten when it comes to Fortune 1000 HQs. Honeywell and the new Truist are undoubtedly larger than NS and Newell and will hire more people (esp. since Atlanta was already almost the Newell HQ). GA also lost a Fortune 1000 (TSYS) but will gain a new F500 (GP).
Anyways, I think both states will have strong prospects going into the 2020's. I think an interresting factor will be if GA's secondary cities will be able to grow and begin to compete better with their peers in NC,SC,etc.
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HBM Holdings (“HBM”) announced today it has acquired HarperLove of Charlotte, North Carolina. HarperLove, founded in 1978 and a portfolio company of Graycliff Partners, is a leading provider of specialty adhesives, performance additives and wet-strength resins to corrugated packaging manufacturers.
https://www.businesswire.com/news/home/20200102005092/en/
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The parent of Charleston-based CresCom Bank kicked off the new year by extending its reach into the Charlotte market while also preparing to be acquired by a bigger out-of-state lender. Carolina Financial Corp. said Thursday that it finalized its $100 million purchase of Carolina Trust BancShares Inc. this week. The deal, announced last summer and financed with a combination of cash and stock, closed on New Year’s Eve, about two weeks after shareholders voted to approve it.
Carolina Trust Bank, which was headquartered in Lincolnton, N.C., is now part of Carolina Financial’s CresCom subsidiary. The newly acquired franchise operates 11 branches and a loan office mostly in and around the Charlotte market, including Concord and Gastonia. Two of its locations are across the border in South Carolina — in Clover and Lake Wylie.
(Paywall on the article)....(I used one of my free articles for the month
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From the citydata thread 50 States & DC Q2 2019 GDP and 5-Year Growth Rate and data compiled by 18Montclair
https://www.city-data.com/forum/showthread.php?t=3115633&referrerid=2160197
Just from the data I saw, it still appears that GA and NC have been growing at great rates and are still neck and neck with each other.
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On 12/23/2019 at 11:57 PM, KJHburg said:
I don't think this is growing anymore than what it is now. This is a regulated utility that has faced lots of criticism they are not going any higher than a floor or two and it seems like the height is now the same as BOAT at Legacy. Devon is an oil and gas company not a public utility big difference and yes those companies like corporate statements. Dominion Energy based in Richmond is a fairly large utility too and they built a new 20 story tower so this is better than that. Georgia Power Southern Company another large utility has no statement building in Atlanta either.
That all being said this is a great building with a great design and once Duke vacated their data center right beside the convention center that is the logical place for a large hotel.
GA Power/Southern Company hasn’t built anything new for 2 reasons. First, their plant Vogtle Project has been BILLIONS over budget (Than Heaven the first reactor will be ready around 2021). Second, Southern Company bought AGL Resources for 12 billion. AGL also just so happened to be headquartered in Atlanta too, so they have a ton of smaller building around the city and in the suburbs.
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Honeywell announced that it has acquired Rebellion Photonics, a Houston-based provider of intelligent, visual gas monitoring solutions that help maximize safety, operational performance, emissions mitigation and compliance in the oil and gas, petrochemical, and power industries.
Rebellion offers a real-time monitoring platform that visually identifies and quantifies gas releases to quickly detect and analyze leaks and keep workers safe. The intelligent monitoring system incorporates a sophisticated AI-driven software platform that automatically alerts plant operators if a gas leak, fire, or security issue is detected and provides detailed analytics.
Terms of the deal were not disclosed, and there is no change to the company's 2019 financial guidance as a result of the acquisition.
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Nucor Corporation (NYSE: NUE) announced today that it is acquiring TrueCore, LLC (TrueCore), an insulated metal panel manufacturing company with a facility in Laurens, South Carolina. TrueCore produces insulated metal panels serving the cold storage market, with future plans for additional commercial and industrial applications.
"This acquisition fits well with our strategy to profitably grow our value-added product portfolio and provides great synergies with Nucor Buildings Group. As the market leader in metal buildings, we currently utilize a high volume of insulated panels for buildings we design and manufacture," said Chad Utermark, Executive Vice President, Fabricated Construction Products.
TrueCore currently has 26 employees and will become part of Nucor Buildings Group.
https://www.prnewswire.com/news-releases/nucor-acquires-truecore-insulated-panels-300973201.html
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The nation’s second-largest hard cider brand will soon have ties to Charlotte. Charlotte-based Artisanal Brewing Ventures is acquiring Bold Rock Cider in a deal slated to close later this month. Financial terms of the deal were not released.
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15 hours ago, dReAmWiELdEr said:
Would anyone happen to know how this compares to Atlanta?
Sent from my GM1915 using Tapatalk
https://www.noradarealestate.com/blog/atlanta-real-estate-market/
This seemed pretty comparable... but I’ll try and find some more things later tonight. Ik it’s the same in Nashville, but these averages have had very different affects in certain places where home values have greatly increased, stated similar, or even decreased.-
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2018 Gross domestic product (GDP) MSA, $billions: (Top 50)
1. New York-Newark-Jersey City, NY-NJ-PA- 1,772,319,824
2. Los Angeles-Long Beach-Anaheim, CA- 1,047,661,346
3. Chicago-Naperville-Elgin, IL-IN-WI- 689,464,744
4. San Francisco-Oakland-Berkeley, CA- 548,613,361
5. Washington-Arlington-Alexandria, DC-VA-MD-WV- 540,684,444
6. Dallas-Fort Worth-Arlington, TX- 512,509,778
7. Houston-The Woodlands-Sugar Land, TX- 478,778,576
8. Boston-Cambridge-Newton, MA-NH- 463,570,556
9. Philadelphia-Camden-Wilmington, PA-NJ-DE-MD- 444,148,100
10. Atlanta-Sandy Springs-Alpharetta, GA- 397,261,292
11. Seattle-Tacoma-Bellevue, WA- 392,036,945
12. Miami-Fort Lauderdale-Pompano Beach, FL- 354,740,098
13. San Jose-Sunnyvale-Santa Clara, CA- 331,020,137
14. Detroit-Warren-Dearborn, MI- 267,731,067
15. Minneapolis-St. Paul-Bloomington, MN-WI- 263,690,946
16. Phoenix-Mesa-Chandler, AZ- 255,211,769
17. San Diego-Chula Vista-Carlsbad, CA- 245,138,815
18. Denver-Aurora-Lakewood, CO- 214,157,605
19. Baltimore-Columbia-Towson, MD- 205,313,937
20. Riverside-San Bernardino-Ontario, CA- 187,109,114
21. Charlotte-Concord-Gastonia, NC-SC- 169,862,912
22. St. Louis, MO-IL- 169,839,353
23. Portland-Vancouver-Hillsboro, OR-WA- 164,419,551
24. Tampa-St. Petersburg-Clearwater, FL- 159,002,758
25. Pittsburgh, PA- 152,840,99926. Austin-Round Rock-Georgetown, TX- 146,784,519
27. Sacramento-Roseville-Folsom, CA- 145,479,978
28. Cincinnati, OH-KY-IN- 141,052,659
29. Indianapolis-Carmel-Anderson, IN- 140,762,237
30. Orlando-Kissimmee-Sanford, FL- 138,947,819
31. Cleveland-Elyria, OH- 134,369,570
32. San Antonio-New Braunfels, TX- 133,633,572
33. Kansas City, MO-KS 132,703,700
34. Nashville-Davidson--Murfreesboro--Franklin, TN- 132,202,284
35. Columbus, OH- 129,328,017
36. Las Vegas-Henderson-Paradise, NV- 122,423,873
37. Milwaukee-Waukesha, WI- 103,731,937
38. Virginia Beach-Norfolk-Newport News, VA-NC- 100,976,295
39.Hartford-East Hartford-Middletown, CT- 99,465,315
40. Salt Lake City, UT- 94,306,889
41.Bridgeport-Stamford-Norwalk, CT- 89,387,658
42. Providence-Warwick, RI-MA- 87,414,900
43.Richmond, VA- 85,792,587
44. Raleigh-Cary, NC- 83,665,937
45.Jacksonville, FL- 83,186,521
46.Oklahoma City, OK- 81,016,823
47. New Orleans-Metairie, LA- 80,287,397
48. Memphis, TN-MS-AR- 76,749,486
49. Louisville/Jefferson County, KY-IN- 72,093,890
50. Urban Honolulu, HI- 69,252,343Via the resident09 on CD
http://www.city-data.com/forum/city-vs-city/3110148-12-12-19-2018-gdp-metro-5.html
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Let the games begin!!! (We all know ATLUTD will win though)
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1 hour ago, KJHburg said:
Durham first 1.2.3 West Village these old warehouse renovated for Duke University and their Clinical Research Organization. the 3rd photo that warehouse factory is from 1916.
Stayed at an AirBNB in West Village and it was fantastic.If you're still in town, check out Dame's Chicken and Waffles, all the staff and students at Duke and people who live in the area recommend it.
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One of the prospective "Atlantic Yards" tenants is a Fortune 50 technology company that is considering relocating its headquarters from another state to Atlanta, said Terri Kerr, managing director with site developer Hines.
https://saportareport.com/fulton-panel-turns-down-buckhead-developer-seeking-incentive/
A report about a F50 company looking to relocate their HQ. I'm only adding this because often times ATL and CLT are locations being considered for corporate relo. Could this be one of the big companies y'all have been talking abt?
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1 hour ago, KJHburg said:
do you realize almost every major city in the southeast from Richmond to Miami to Nashville has both BB&T and SunTrust buildings. (side by side in many cities including Knoxville and Richmond)
Charlotte's low profile SunTrust building in Southpark area means no duplication here really. Uptown is another story as Truist is the largest tenant in both Hearst Tower and BB&T Center new names a coming!
Ditto...I'll be very interested in how the new Truist will brand in ATL considering they both have very high profile buildings (BB&T at AS with great views from the Connector) (Suntrust has Atlanta Financial Center, their tower DT, a ball park). Idk about the situation in Charlotte, but I am glad they Cousins got a juicy lease agreement from them with option to buy.
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Charlotte Tech News
in Charlotte
Posted
How has Charlotte been affected by the recent fintech and financial services mergers/acquisitions?