ITT Exelis revenues increase, profit down after spinoff
May 04, 2012 4:16 PM
ITT Exelis reported a 6 percent increase in revenues during the first quarter, while profit fell partly because of expenses from the company’s spinoff from ITT Corp.
Chesapeake Controls buys office/flex building for corporate headquarters
May 03, 2012 3:40 PM
Company pays just under $1 million for three acres and 10,000-square-foot space.
Two Virginia-based coal companies report losses for first quarter
May 03, 2012 1:53 PM
James River Coal sees net loss of $15.7 million; Alpha Natural Resources reports $29.1 million loss.
Dominion proposes lower fuel rates after mild weather, cheap natural gas
May 03, 2012 6:20 AM
The bills of Dominion Virginia Power customers could drop 4 percent in September because of mild weather and a drop in natural gas prices.