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Grobe feels 'electricity in the air' at Wake

The Wake Forest Football Miracle fell apart last season. At one point the Demon Deacons lost nine games in a row, crashing to a 3-9 finish. It was the latest step in Wake’s decline from the 2006 Orange Bowl season, a progression that has seen them go from 11 wins to nine to eight to five to three.

Wake Forest coach Jim Grobe hasn’t lost confidence. In fact, he said Monday he sees a bounce-back season coming.

“At Wake Forest, we’ve proven we can do it,” Grobe said. “The problem is, it’s not a guarantee.”

Recruiting: Banks discusses choosing Wake

On the drive up to Winston-Salem on Sunday, Josh Banks was confident in how he wanted his trip to end.

Wake's Tabb, Walker suspended

Wake Forest's quest to improve on a disappointing 2010-11 basketball season ran into an obstacle Monday with the announcement that Melvin Tabb and Ty Walker were suspended indefinitely for unspecified violations of athletic department rules.

Walker, a 7-foot senior center, played in 32 games with nine starts last season. He averaged 3.6 points, 3.5 rebounds and 2.5 blocked shots per game.

As a freshman last season, Tabb played in 14 games and averaged 1.6 points and 2.0 rebounds per game.

Track and field meets highlight area's young talent

 

Triangle track and field fans might just see some young stars of the future over the next 10 days.
 
Local-level Hershey's Track and Field Games meets are nearly completed throughout the region, and the top finishers advance to district competition in hopes of reaching the state meet and even the national championships.

UNC tops Wake 9-0 ... finally

updated: 5:35 p.m.

DURHAM -- North Carolina kept its hopes for the ACC Baseball Championship alive Saturday afternoon with a 9-0 win over Wake Forest.

The game that had been suspended by rain in the top of the seventh at 1:55 in the morning was completed after a restart at 4:32 p.m.

For the Tar Heels (45-13) to qualify for Sunday’s 1 p.m. title game against Florida State, they would need for Wake Forest to upset Miami this evening
before UNC meets Virginia in the final game of pool play later tonight.

Wake Forest responds to Today report

Wake Forest University president Nathan Hatch has responded to the Today show report in which a former Wake Forest student said the school was more concerned about protecting Wake Forest basketball players Gary Clark and Jeff Teague than seeking justice after she made a sexual assault accusation in 2009.

Hatch said he can't comment on the specific case because of federal student privacy laws. But he said Wake Forest believes its educational mission begins with the health and safety of its students.

"I am troubled by the prevalence of sexual misconduct in our society today," Hatch said. "Regarding the described incident, however, I feel strongly that the University’s response, as well as our character, has been misrepresented. """

 

Wake Forest braces for Today Show report

Wake Forest University is bracing for a national television interview Thursday morning that could cause the issue of violence against women to hit home.

A producer with NBC’s Today Show has advised Wake Forest officials that a segment to air Thursday morning on sexual assault on college campuses will include an interview with a former Wake Forest student involving an incident that occurred several years ago.

University president Nathan Hatch disclosed those details Tuesday in an e-mail to the Wake Forest community.

Triangle basketball teams excel in classroom

Duke, North Carolina and N.C. State had widely varying degrees of success on the court in men’s basketball in 2009-10, but all three schools posted stellar performances in the classroom.

All three Triangle ACC men’s basketball teams received public recognition awards for performance in the NCAA’s Academic Progress Rate (APR) calculation for 2009-10. The only other ACC men’s basketball team to receive recognition was Virginia Tech’s.

The NCAA on Tuesday announced the awards, which are given each year to teams that finished in the top 10 percent nationally in their sport in the APR calculation, which measures classroom performance for each team.

PowerSecure's first quarter revenues beat estimates

PowerSecure International, the Wake Forest energy services firm, reported first-quarter revenue today that beat analysts' expectations.

The company reported $23.7 million in revenue for the three-month period ending March 31, up 16 percent from the same period a year ago.

The consensus among Wall Street analysts was $21.7 million.

The company reported a loss of 5 cents per diluted share, compared to income of 4 cents per share in the first quarter of last year.

That was slightly less than a loss of 6 cents expected by analysts who cover the company.

PowerSecure operates emergency backup diesel generators as alternate power sources for customers. The company is also branching out to energy-efficient illumination that uses light-emitting diodes, or glowing chips that are commonly known as LED lights.

Sales of the company's primary smart-grid products increased 16 percent in the first quarter.

"The investments we made in 2010 to broaden our product offerings and customer base provide us with a strong set of growth catalysts, and these initiatives are beginning to enhance our top-line results," CEO Sidney Hinton said in a release.

PowerSecure shares closed up one cent today at $7.31. The stock is down 33 percent over the past year.

PowerSecure's fourth quarter revenues miss estimates

PowerSecure International, the Wake Forest energy services firm, reported fourth quarter revenues that were below analysts expectations.

The company reported revenues of $21 million in the fourth quarter, down 19 percent from the same period a year ago. The consensus among Wall Street analysts was $26.6 million.

For the year, PowerSecure reported revenues of $97.5 million, up 14 percent from the prior year.
 

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