Updated 4:32 p.m. Thursday

Premium Lock Pop goes ChannelAdvisor - Stock rockets 32% in IPO hit

Talk about "pop." The Morrisville-based provider of ecommerce services went public today on the NYSE, setting a price of $14 per share on 5.75 million shares. Shares opened at $17.60 and quickly rose more than 30 percent.

Scot Wingo, center, rings NYSE's opening bell Scot Wingo, center, rings NYSE's opening bell

11:54 a.m. Thursday

Research Triangle region leads N.C. job growth; more than 36,000 jobs created

Charles Hayes The 13 county Research Triangle Region gained 36,447 net new jobs in 2012, leading the state in job growth.

Updated 11:47 a.m. Thursday

Premium Lock ChannelAdvisor looking to raise $80M through IPO today

The Morrisville-based provider of ecommerce services anticipates going public today on the NYSE, setting a price of $14 per share on 5.75 million shares.

ChannelAdvisor's customer segments ChannelAdvisor's customer segments

9:00 a.m. Thursday

PowerSecures acquires safety firm, remaining stakes in two companies

PowerSecure PowerSecure is expanding its holdings in a mix of deals that have cost the firm $4.3 million in cash and stock.

Updated 8:46 a.m. Thursday

UNC Wilmington hires Triangle exec to lead entrepreneurial center

Jim Roberts Since 2000, Jim Roberts has been involved in technology startups. He launched entrepreneur bootcamps in Charlotte in 2000, started the entrepreneurial council and angel investor network in Asheville and has worked for NC Department of Commerce and Center of Innovation for NanoBiotechnology.

8:42 a.m. Thursday

SciQuest board names CEO Wiehe as its chairman

Stephen Wiehe Stephen Wiehe, the top executive at SciQuest since 2001, succeeds Noel Fenton, the formal board chair, did not stand for re-election.

Updated 8:32 a.m. Thursday

Premium Lock Bull City blues: Learning lessons from some big failures

New Bull City series, Day Four: Alongside all of the many startup technology success stories in Durham over the past two decades, some notable failures have occurred as well. From telecommunications and wireless to app development and videogames, WRALTechWire reviews some of the disappointments - and the lessons learned.

Motricity's former Durham office Motricity's former Durham office

Updated 8:19 a.m. Thursday

Premium Lock 'The underbelly:' A first-person account of a startup's march to doom

New Bull City, Day Four: Matthew Davis is in the early stages of a new career as director of product marketing at Raleigh-based apps developer StepLeader. But in September 2011, he and a partner launched their own company, GetZeek, through which they hoped to capitalize on mobile coupons. The business failed, and Davis has chosen to share his story of what he calls "the underbelly" of business startups.

GetZeek - a good idea gone bad GetZeek - a good idea gone bad

Updated 7:21 a.m. Thursday

Lenovo profits soar 90% behind growing PC share, smartphone sales

"Somebody over there is doing something right," an analyst in Hong Kong tells Bloomberg news. For its full fiscal year ending March 31, Lenovo's profit rose 34 percent to $635 million on a 15 percent rise in sales to a record $34 billion.

Lenovo chart shows growth of non-PC revenues Lenovo chart shows growth of non-PC revenues

6:24 a.m. Thursday

Premium Lock Overture lands $8M in new funding, expands operations

Morrisville-based Overture, a provider of technology and services for Ethernet-based broadband worldwide, is adding new offices after securing new equity financing.

Overture's new logo Overture's new logo

5:44 a.m. Thursday

Twitter beefs up account security with two-step process

Twitter  Twitter is adding a new security tool to its website, making it harder for outsiders to gain access to accounts, a month after a false posting triggered a stock-market decline.

6:23 p.m. Wednesday

HP's slump deepens in 2Q as earnings fall 32 percent

HP Hewlett-Packard's slump is deepening as the world's largest personal computer maker scrambles to meet the growing demand for more versatile and less expensive mobile devices.

4:57 p.m. Wednesday

'Lab on a chip' developer Advanced Liquid Logic lands bank financing

Advanced Liquid Logic process New financing from Square 1 Bank gives Advanced Liquid Logic to continue developing applications of its "lab on a chip" microfluidics technology.

4:31 p.m. Wednesday

Premium Lock Quintiles, DCRI shine in CRO industry survey

Quintiles and the Duke Clinical Research Institute are very different providers of clinical trial services but pharma executives give both high marks. Learn what makes them stand out.

ISR 2013 CRO Benchmarking Report ISR 2013 CRO Benchmarking Report

10:58 a.m. Wednesday

Salix rectal inflammation drug shows positive clinical trial results

Salix Salix Pharmaceuticals' topical foam to treat rectal inflammation could be filed for approval with the Food and Drug Administration by the end of September.

10:50 a.m. Wednesday

GSK wins up to $200M in contract with US for biothreat research

Bioterror The U.S. Department of Health and Human Services has awarded GlaxoSmithKline a contract worth as much as $200 million for research into antibiotics to counter bioterror and other threats.

Updated 8:43 a.m. Wednesday

Premium Lock Inside NetApp's earnings: Restructuring work force a move to ensure long-term success

NetApp Analysis: Technology Business Research believes NetApp's decision to eliminate approximately 7 percent of its employee base, or 900 employees, indicates that the company is working with great urgency to correct its slipping operating margin.


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