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  • TOANO, Va.— Lumber Liquidators is refuting a "60 Minutes" report that raised health concerns about some of its laminate flooring products and pushed its stock price to its lowest level in more than two years. In a Monday filing with the Securities and Exchange Commission, Lumber Liquidators said all of its laminate flooring meets the safety standards set by...

  • Norfolk Southern names James Squires as CEO Monday, 2 Mar 2015 | 10:12 AM ET

    NEW YORK— Norfolk Southern named company President James Squires as its next CEO, the railroad company said Monday. Squires, 53, joined Norfolk Southern in 1992. He has held several positions in the law department. Shares of Norfolk Southern Corp., based in Norfolk, Virginia, rose 58 cents to $109.74 in morning trading Monday.

  • NEW YORK— Activist investor Carl Icahn has withdrawn his nominees to Gannett's board, ending a proxy fight with the USA Today publisher ahead of its planned split of its print and broadcast divisions. However, in a Monday filing with the Securities and Exchange Commission, Icahn said he had reached an agreement with Gannett over corporate governance rules and...

  • MCG posts 4Q profit Monday, 2 Mar 2015 | 9:12 AM ET

    ARLINGTON, Va. _ MCG Capital Corp. on Monday reported fourth-quarter net income of $2.1 million, after reporting a loss in the same period a year earlier. The Arlington, Virginia- based company said it had net income of 5 cents per share. For the year, the company reported a loss of $20.8 million, or 38 cents per share, swinging to a loss in the period.

  • NEW YORK— Shares of Lumber Liquidators are sliding in Monday premarket trading following a report on "60 Minutes" that the company's laminate flooring made in China may not meet California's health and safety standards. The "60 Minutes" report, which aired on CBS on Sunday, said that Lumber Liquidators' laminate flooring made in China contains high levels of...

  • March 1- Lumber Liquidators Holdings Inc, a retailer of hardwood flooring in North America, sold flooring with higher levels of formaldehyde than permitted under California's health and safety standards, according to television news program "60 Minutes." CBS's "60 Minutes" said it tested Lumber Liquidators' flooring in Virginia, Florida, Texas, Illinois and New...

  • March 1- Lumber Liquidators Holdings Inc, a retailer of hardwood flooring in North America, sold flooring containing levels of formaldehyde that were higher than those permitted under California's health and safety standards, according to television news program "60 Minutes". CBS's "60 Minutes" said it tested Lumber Liquidators' flooring in Virginia, Florida,...

  • The U.S. Fish and Wildlife Service is taking comments and data about monarchs through March 2, and a decision on whether to list the monarch as threatened is due in December. Environmentalists say the butterfly's decline— the overwinter population in Mexico reached a low in 2013— has coincided with the rise of St. Louis- based agribusiness giant Monsanto's...

  • House Roll Call: Approving 1-week DHS funding bill Friday, 27 Feb 2015 | 10:25 PM ET

    The 357-60 roll call Friday by which the House approved a bill to fund the Homeland Security Department for one week. The bill goes to President Barack Obama for his signature. Republicans— Aderholt, X; Brooks, N; Byrne, Y; Palmer, N; Roby, Y; Rogers, Y.

  • Cvent reports 4Q loss Friday, 27 Feb 2015 | 7:24 AM ET

    MCLEAN, Va. _ Cvent Inc. on Friday reported a loss of $1.9 million in its fourth quarter. For the current quarter ending in March, Cvent expects its per-share earnings to be 1 cent. Cvent expects full-year earnings in the range of 21 cents to 35 cents per share, with revenue ranging from $177 million to $180 million.

  • Shenandoah Telecom tops 4Q profit forecasts Friday, 27 Feb 2015 | 7:24 AM ET

    EDINBURG, Va. _ Shenandoah Telecommunications Co. on Friday reported fourth-quarter profit of $8.6 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 32 cents per share. The telecommunications service provider in parts of Maryland, Pennsylvania, Virginia and West Virginia posted revenue of $82.8 million in...

  • Exelis posts 4Q profit Friday, 27 Feb 2015 | 7:12 AM ET

    MCLEAN, Va. _ Exelis Inc. on Friday reported fourth-quarter profit of $84 million. On a per-share basis, the McLean, Virginia- based company said it had profit of 44 cents. Exelis shares have increased 39 percent since the beginning of the year.

  • VSE posts 4Q profit Friday, 27 Feb 2015 | 5:13 AM ET

    ALEXANDRIA, Va. _ VSE Corp. on Thursday reported fourth-quarter net income of $4.2 million. The Alexandria, Virginia- based company said it had profit of 78 cents per share. For the year, the company reported profit of $19.4 million, or $3.61 per share.

  • WASHINGTON— The first peek at a major study of how Americans smoke suggests many use combinations of products, and often e-cigarettes are part of the mix. Andrew Hyland of the Roswell Park Cancer Institute, the primary investigator for a huge government study of trends in smoking and tobacco use. At a meeting of nicotine researchers late Thursday, Hyland...

  • ICF misses Street 4Q forecasts Thursday, 26 Feb 2015 | 7:31 PM ET

    FAIRFAX, Va. _ ICF International Inc. on Thursday reported fourth-quarter profit of $8.8 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 56 cents per share. Analysts expected $278.2 million, according to Zacks.

  • Media General posts 4Q profit Thursday, 26 Feb 2015 | 11:27 AM ET

    RICHMOND, Va. _ Media General Inc. on Thursday reported fourth-quarter net income of $27.9 million, after reporting a loss in the same period a year earlier. Media General shares have decreased slightly more than 7 percent since the beginning of the year. Keywords: Media General, Earnings Report.

  • Iridium beats Street 4Q forecasts Thursday, 26 Feb 2015 | 11:01 AM ET

    MCLEAN, Va. _ Iridium Communications Inc. on Thursday reported fourth-quarter net income of $23 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 13 cents per share. Analysts expected $99.2 million, according to Zacks.

  • Automakers hire rocket firm to probe air bag problems Thursday, 26 Feb 2015 | 10:43 AM ET

    Ten automakers whose vehicles have been recalled because of problems with Takata Corp. air bags said Thursday they have jointly hired Orbital ATK to figure out the problem. Air bags inflators made by Takata of Japan can explode with too much force, sending shrapnel into car and truck cabins. So far, about 17 million cars and trucks have been recalled in the U.S. and...

  • American Woodmark posts 3Q profit Thursday, 26 Feb 2015 | 6:51 AM ET

    WINCHESTER, Va. _ American Woodmark Corp. on Thursday reported fiscal third-quarter earnings of $7.3 million. American Woodmark shares have risen 15 percent since the beginning of the year. Keywords: American Woodmark, Earnings Report.

  • Ntelos reports 4Q loss Thursday, 26 Feb 2015 | 6:43 AM ET

    WAYNESBORO, Va. _ Ntelos Holdings Corp. on Thursday reported a loss of $56.2 million in its fourth quarter. The average estimate of analysts surveyed by Zacks Investment Research was for a loss of 29 cents per share. Analysts expected $120.5 million, according to Zacks.