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West Virginia

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  • Premier Financial posts 1Q profit Wednesday, 6 May 2015 | 9:30 AM ET

    HUNTINGTON, W.Va. _ Premier Financial Bancorp Inc. on Wednesday reported first-quarter profit of $3.1 million. The Huntington, West Virginia- based bank said it had earnings of 36 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.

  • EPA is attempting to "force states into shuttering coal-fired power plants" in an effort to drive the nation away from fossil fuels and other traditional sources of energy, Pruitt said. Oklahoma and West Virginia are among 15 coal-reliant states that are suing the EPA to block the so-called "Clean Power Plan," which would require states to cut carbon dioxide...

  • Shenandoah Telecom tops 1Q revenue forecasts Monday, 4 May 2015 | 7:09 AM ET

    EDINBURG, Va. _ Shenandoah Telecommunications Co. on Monday reported first-quarter net income of $10.3 million. The telecommunications service provider in parts of Maryland, Pennsylvania, Virginia and West Virginia posted revenue of $84.3 million in the period, surpassing Street forecasts. Shenandoah Telecom shares have risen almost 10 percent since the...

  • WASHINGTON, May 1- The United States and Canada have a 400- page plan to control oil train dangers that walks a thin line: promote safety without stifling a business that has spurred domestic oil production. As with many such contentious issues, calls by regulators to retrofit oil tank cars, reduce speeds and require new braking systems in the continent's...

  • CHARLESTON, W.Va.— Freedom Industries is proposing paying $6.7 million to various parties, including victims of the company's January 2014 chemical spill. In Charleston federal bankruptcy court Thursday, the company proposed a plan to offer spill victims $2.7 million. Other creditors would get $500,000, an additional $500,000 would pay the IRS taxes, and...

  • The fee would start at $175 and increase to $1,400 per car by 2018. It would raise an estimated $600 million to train first responders, clean up spills and relocate rail tracks around populated areas. Ron Wyden of Oregon told The Associated Press the intent is to offer "market-based" incentives for companies to improve safety. Transportation Secretary Anthony...

  • Alpha, which idled some of its mines in West Virginia earlier this year, said its revenue fell 24 percent to $842 million in the three months to March 31 as sales volumes dropped more than 11 percent. Peabody Energy Corp and Arch Coal Inc reported bigger-than-expected losses last week. Alpha cut its 2015 capital spending plan to $200 million- $250 million from $225...

  • April 29- Cliffs Natural Resources Inc, which is struggling to cope with oversupply in the iron ore market, blamed industry leaders BHP Billiton Ltd, Rio Tinto Plc and Vale SA for weak prices of the commodity. But Wolfe Research analyst Gordon Johnson said "the idea that someone is going to buy coal assets from Cliffs is highly unlikely," noting that the company has...

  • Since 2005, those lawsuits have generated a $14 million surplus for Edwardsville and solidified Madison County's place at the center of a long-running national debate over personal-injury claims. Lawsuits have also proliferated in smaller industrial communities such as Beaumont, Texas, and Charleston, West Virginia, but Edwardsville is the smallest and...

  • Ex-coal CEO's lawyers say prosecution documents massive Wednesday, 29 Apr 2015 | 8:50 AM ET

    CHARLESTON, W.Va.— Attorneys for former Massey Energy CEO Don Blankenship say prosecutors have given them more than 4 million pages of documents without identifying any information that the government plans to rely on at his trial. "While it may appear that the government has made a generous production so as to ensure compliance with its discovery obligations,...

  • WesBanco meets 1Q profit forecasts Tuesday, 28 Apr 2015 | 6:16 PM ET

    WHEELING, W.Va. _ WesBanco Inc. on Tuesday reported first-quarter profit of $13.9 million. The average estimate of four analysts surveyed by Zacks Investment Research was also for earnings of 59 cents per share. WesBanco shares have decreased almost 7 percent since the beginning of the year.

  • April 28- Boston Scientific Corp on Tuesday said it reached its first settlement agreement to resolve a portion of the legal claims it faces involving its transvaginal mesh product to treat urinary incontinence. The new agreement includes a case in the district court of Dallas County, Texas, for which there is a judgment of about $35 million that is subject to...

  • WASHINGTON— A bipartisan bill to update regulation of harmful chemicals for the first time in nearly 40 years won approval from a Senate committee Tuesday, moving it closer to a vote in the full Senate. The Senate Environment and Public Works Committee approved the bill, 15-5. Four Democrats joined all 11 committee Republicans to support the bill, which would...

  • United Bankshares tops 1Q profit forecasts Tuesday, 28 Apr 2015 | 8:15 AM ET

    CHARLESTON, W.Va. _ United Bankshares Inc. on Tuesday reported first-quarter profit of $34.6 million. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 49 cents per share. United Bankshares shares have risen slightly since the beginning of the year.

  • Summit Financial posts 1Q profit Monday, 27 Apr 2015 | 6:15 AM ET

    MOOREFIELD, W.Va. _ Summit Financial Group Inc. on Monday reported first-quarter profit of $4.3 million. Summit Financial shares have risen nearly 3 percent since the beginning of the year. Keywords: Summit Financial, Earnings Report.

  • Bill under debate would limit farm antibiotics in Oregon Saturday, 25 Apr 2015 | 11:38 AM ET

    As public pressure mounts nationally against antibiotics, Oregon legislators are debating whether to curtail their use in agriculture. If the legislation passes, Oregon would be the first in the nation to mandate stricter rules on livestock antibiotics. Proponents of Oregon's bill say that's inadequate, because the move still allows operators to...

  • WASHINGTON, April 24- Aiming to acquire more budget powers and take a swipe at Obamacare, Republicans will likely scrap a proposal that stirred controversy and helped launch Wisconsin congressman Paul Ryan on the national stage: privatizing the Medicare health program. Ryan's bold Medicare "premium support" plan would be sacrificed to ensure passage of...

  • US oil and natural gas rig count drops by 22 to 932 Friday, 24 Apr 2015 | 1:25 PM ET

    Houston- based Baker Hughes said Friday 703 rigs were seeking oil and 225 explored for natural gas. Among major oil- and gas-producing states, Texas lost 19 rigs; North Dakota lost five; Oklahoma was down three; and Alaska, New Mexico and West Virginia each lost one. Louisiana gained two rigs, while Arkansas, California, Colorado, Kansas and Pennsylvania each gained...

  • City Holding posts 1Q profit Thursday, 23 Apr 2015 | 10:18 AM ET

    CHARLESTON, W.Va. _ City Holding Co. on Thursday reported first-quarter profit of $17.8 million. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 88 cents per share. City Holding shares have increased roughly 3 percent since the beginning of the year.

  • Some police in US looking to body cameras on their own Thursday, 23 Apr 2015 | 1:33 AM ET

    Studies of camera use by police in Rialto, California, and Mesa, Arizona, showed steep declines in citizen complaints and in use of force by officers. In the Ohio village of New Richmond, where Kidder's restraint last week in the face of a potentially deadly suspect has drawn wide acclaim, police chief Randy Harvey said the video shows why he'd like to have the...