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First Bancorp to Acquire ASB Bancorp

The merger agreement has been unanimously approved by the boards of directors of each bank and is expected to close in the fourth quarter of 2017.

ASB Bancorp's Top Stakeholders Demand a Sale

The small North Carolina bank is an underperformer that activist shareholders say won't be able to solve its problems on its own. But it has plenty to offer potential acquirers.

ASB Bancorp Inc Stock Downgraded (ASBB)

ASB Bancorp (Nasdaq:ASBB) has been downgraded by TheStreet Ratings from from a buy to hold.

Breaking News

Elon Musk Throws Dogecoin a Lifeline

Elon Musk will soon allow Dogecoin to purchase SpaceX merchandise.

Disney Fans Angry, Excited About New Guardians of the Galaxy Ride

The theme park company has opened Guardians of the Galaxy: Cosmic Rewind and not everyone is happy despite the ride getting wonderful reviews.

Aurora Cannabis Slashing Weed Capacity in Profitability Push

Aurora is slashing its production capacity as it builds a runway toward positive Ebitda a year from now.

Costco Beats Q3 Sales Forecast, Membership Revenues Near $1 Billion

Costco took in $984 million in new membership fee in its fiscal third quarter, helping the bulk retailer top Street forecasts for topline revenues.