WRAL Weather Alert Day issued for Saturday, severe risk upgraded. On WRAL at 4:30, the areas that could see isolated tornadoes & power outages.

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A Harris Teeter spokeswoman told WRAL News that the company would have no comment on rumors regarding mergers and acquisitions.

<b>MATTHEWS, N.C.</b> — Supermarket chain Harris Teeter is reportedly considering putting itself up for sale, according to media reports.

Both The Wall Street Journal and the Reuters news service reported the story, citing sources.

A Harris Teeter spokeswoman told WRAL News that the company would have no comment on rumors regarding mergers and acquisitions.

The reports say Harris Teeter, which operates several stores in the Triangle area, has retained financial services firm JP Morgan to help determine strategic alternatives.

Harris Teeter and JP Morgan were not talking about the reports.

The stories sent Harris Teeter shares up 6.6 percent in value to $39.50 on Tuesday. Its shares trade on the New York Stock Exchange.

According to Reuters, possible buyers include larger grocery chains such as Kroger and Publix.

Reports: Harris Teeter considers selling

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Rain chances continue Friday into Saturday, which is now a WRAL Weather Alert Day. The good news is Friday morning looks dry.




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HOUSTON (AP) — Fast-moving thunderstorms pummeled southeastern Texas for the second time this month, killing at least four people, blowing out windows in high-rise buildings, downing trees and knocking out power to more than 900,000 homes and businesses in the Houston area.

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Daytime Pick 3 and Pick 4 drawings are held at 3 p.m. daily. They can be seen as live or on-demand video.

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UNC interim chancellor Lee Roberts lauded athletics director Bubba Cunningham on Thursday, just days after members of the school's Board of Trustees challenged Cunningham's management of the department.

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