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State opens transition center for effects of JFCOM
April 28, 2011 5:48 PM
Virginia has opened a “career transition” center for U.S. Joint Forces Command employees and surrounding businesses that will be affected by the dismantling of JFCOM.
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Fairfax EDA starts marketing presence in Los Angeles
April 28, 2011 5:46 PM
The Fairfax County Economic Development Authority has established a marketing presence in the Los Angeles area in the wake of corporate relocations from that area.
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CoStar Group announces deal to buy LoopNet for $860 million
April 28, 2011 5:46 PM
CoStar Group Inc., a Washington, D.C.–based commercial real estate research firm, has entered into an agreement to acquire LoopNet Inc. of San Francisco for $860 million.
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Mortgage rates continue to fall on weak economic data
April 28, 2011 1:46 PM
Mortgate rates fell for the second consecutive week on weak economic and housing data.
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URS to acquire Apptis Holdings
April 27, 2011 5:25 PM
URS Corp. of San Francisco plans to purchase government IT contractor Apptis Holdings Inc. for $260 million in cash.
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General Dynamics’ increases profit 3.5 percent
April 27, 2011 5:24 PM
Defense contractor General Dynamics increased its profit 3.5 percent in the first quarter, beating analysts’ estimates.
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Applebee’s is renovating 12 Richmond-area restaurants
April 27, 2011 5:06 PM
$8 million investment project includes money for retraining in Hampton Roads' market
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MeadWestvaco more than doubles quarterly profit
April 27, 2011 1:04 PM
Specialty packaging company MeadWestvaco more than doubled its first-quarter profit as sales in its packaging and specialty chemicals divisions grew.
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Owens & Minor revenue rises
April 26, 2011 5:50 PM
Henrico County-based Owens & Minor reported a 7.8 percent increase in revenue during the first quarter on increased new and existing business.
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Franklin Federal stock to begin trading Thursday
April 26, 2011 5:45 PM
Financial institution is converting from a mutual organization to a stock-owned company.
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