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Smithfield prices stock offering
September 18, 2009 3:22 PM
21.7 million shares to be sold at $13.85 each
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Virginia tourism generated $19.2 billion in revenue in 2008
September 16, 2009 1:10 PM
Revenue from Virginia’s tourism industry rose slightly in 2008 despite the recession.
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Report: VIT plans to buy operating rights of APM Terminals
September 16, 2009 11:01 AM
Virginia International Terminals, the operator of the Virginia Port Authority, is planning to buy the operating rights to APM Terminals’ Portsmouth terminal, according to the Daily Press.
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Navy approves Sperry Marine’s upgraded navigation system
September 14, 2009 5:30 PM
The Chief of Naval Operations has approved an upgraded electronic navigation system for Navy submarines that will allow vessels to better navigate in northern latitudes and under-the-ice operations.
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99 new jobs for Stanleytown
September 14, 2009 1:12 PM
Bucking industry trends, Stanley Furniture is manufacturing all of its Young America products in the U.S. The company will add 99 jobs to its Stanleytown facility, according to the Martinsville Bulletin.
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Batten dies at 82
September 10, 2009 1:54 PM
Frank Batten Sr., the former chairman of Landmark Communications and one of the state’s most prolific philanthropists, died Thursday morning in Norfolk after a series of illnesses, according to The Virginian-Pilot
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Luna’s quarterly loss increases on litigation, decreased sales
September 10, 2009 11:53 AM
Luna Innovations reported a $2.4 million loss during its second quarter, primarily from lower product sales and ongoing litigation.
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Kaine announces layoffs, budget cuts
September 08, 2009 4:37 PM
Nearly 600 state employees face layoffs
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Commercial real estate roundup
September 08, 2009 3:31 PM
Advance Auto Parts expanding its headquarters
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Smithfield Foods increases first-quarter loss
September 08, 2009 11:27 AM
Low domestic hog prices and one-time charges swelled Smithfield Foods’ loss in the first quarter.
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