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MCLEAN, Va.-- Gladstone Investment Corp. said Tuesday that it reached a deal to sell 4 million shares of its common stock in a public offering for $7.50 per share. Gladstone also granted the offerings' underwriter, Jefferies& Co., a 30- day option to buy 600,000 more shares at the same terms. In morning trading, its shares fell 50 cents, or 6.4 percent, to $7.30.
Oct 2- Fitch Ratings has affirmed Navy Mutual Aid Association's Insurer Financial Strength rating at' A+'. The Rating Outlook is Stable. NMAA's IFS rating and Stable Outlook reflect the association's strong capital levels, high-quality and liquid investment portfolio, conservative financial profile, and moderate top-line growth.
WASHINGTON-- President Barack Obama is designating the California home of labor leader Cesar Chavez as a national monument, a move likely to shore up support from Hispanic and progressive voters just five weeks before the election.
NEW YORK, Oct 2- The town of Serenity, South Carolina, the imaginary setting for author Sherryl Woods's "Sweet Magnolias" novels, now has real food in it. Dana Sue's Killer Guacamole, Helen's Lethal Margaritas and Sullivan's Crab Cakes are among the fictional staples made real by chef Teddi Wohlford, who takes a gourmet approach to Southern classics.
Oct 2- In a widely expected show of force Boeing Co's engineers and technical workers rejected a pay offer late Monday, setting the stage for talks to resume Tuesday for labor agreements covering 23,000 workers.
WASHINGTON, Oct 1- The White House got some good news on Monday when Lockheed Martin said it would not issue notices of possible job reductions before the Nov. 6 election.
CHARLESTON, W.Va.-- The United Mine Workers of America says it's eager to meet with Alpha Natural Resources Inc. and negotiate a contract for 85 workers that the former Massey Energy refused to hire.
RICHMOND, Va.-- Several environmental groups say Dominion Virginia Power needs to do more to increase the use of renewable energy like solar and wind power. Dominion Virginia is a unit of Dominion Resources Inc..
BELLEVUE, Wash.-- The average price of a gallon of gasoline in Washington remains above $4 a gallon. The AAA auto club reports the average price in the state Monday is $4.03.
CHATHAM, Va.-- Leaders of the Virginia county that is home to one of the world's largest uranium deposits are set to debate the state's 30- year ban on the mining of the radioactive ore. The Pittsylvania County Board of Supervisors is scheduled to vote Monday on a resolution introduced by Supervisor Marshall Ecker.
RICHMOND, Va.-- Tredegar, which makes plastic films and aluminum extrusions, said Monday it bought aluminum extrusion maker AACOA Inc. for about $50.8 million. Tredegar said that the acquisition will add fabrication capabilities to the products and services of its subsidiary, The William L. Bonnell Co..
*Tredegar stock rises more than 3 percent. Oct 1- Tredegar Corp said on Monday that its subsidiary Bonnell Aluminum has acquired 100- percent ownership of AACOA Inc, a U.S. manufacturer of extruded aluminum for machinery and equipment.
WASHINGTON-- The U.S. Chamber of Commerce, which has spent tens of millions of dollars on television ads to help boost Republican congressional candidates, launched an extensive effort on Monday to mobilize voters. It also will include information on House and Senate races and a comparison of the candidates on the issues.
CLEVELAND-- A former fugitive suspected of running a $100 million cross-country scam collecting donations for Navy veterans has been identified as a Harvard- trained attorney wanted on unrelated fraud charges since 1987, authorities said Monday.
Using data from USASpending.gov,an OMB website, CNBC.com presents the 10 states that received the most federal dollars per capita in fiscal year 2011.
If television ad spending is any guide, the White House race will come down to nine states that have absorbed an eye-popping $350 million in commercials so far.
Virginia is for big companies and its best talent spoiled by long-term government contracts., while Massachusetts' Cambridge is now the hottest place for start-ups in the country.
CNBC's Scott Cohn and Eamon Javers offer insight on the state of the business climate for three key political swing states: Wisconsin, Virginia and Ohio.
The Lone Star State is tops again, displacing Virginia, which didn't even finish second this year. And who's last? Rhode Island.
Maryland routinely ranks behind Virginia and North Carolina in CNBC's "Top States for Business" study because of a poor showing in these two areas, says Larry Hogan, chairman of Change Maryland.