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Top News & Analysis Virginia

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  • MCLEAN, Va. _ Gladstone Commercial Corp. on Monday reported a key measure of profitability in its second quarter. The real estate investment trust, based in McLean, Virginia, said it had funds from operations of $8.3 million, or 39 cents per share, in the period. The company said it had a loss of $853,000, or 4 cents per share.

  • SAN FRANCISCO, Aug 3- Macy's Inc said on Monday the department store chain will expand same day delivery services to nine cities and metropolitan areas this month, pushing into an aggressive field dominated by e-commerce giant Amazon.com Inc.. Macy's, the nation's largest department store chain, said it will now offer same day delivery to customers in 17...

  • Aug 3- Alpha Natural Resources Inc, one of the largest U.S. coal companies, became the latest in the hard-hit industry to seek bankruptcy on Monday. Walter Energy Inc and Patriot Coal Corp also filed for bankruptcy protection this year. Energy Future Holdings Corp, a power company that also has a large coal mining business, has been in bankruptcy since 2014..

  • Aug 3- Coal miner Alpha Natural Resources Inc became the latest company to file for Chapter 11 bankruptcy due to a steep fall in coal prices. Walter Energy Inc and Patriot Coal Corp filed for bankruptcy protection earlier this year. The company and its affiliates operate more than 50 underground and surface mines, and more than 20 coal preparation facilities in...

  • NEW YORK— Alpha Natural Resources Inc., one of the country's biggest coal producers, became the latest in a string of coal companies to seek bankruptcy protection amid an historic shift in the electric power sector brought on by cheap natural gas and stricter pollution regulations. Alpha operates about 60 coal mines, many in parts of Appalachia that have seen...

  • Alpha Natural and its affiliates operate more than 50 underground and surface mines, and more than 20 coal preparation facilities in Virginia, Kentucky, West Virginia, Pennsylvania and Wyoming.

  • PITTSBURGH— A Chinese citizen who lives in western Pennsylvania has pleaded guilty to charges she used phony passports to take English-language fluency tests used for college entrance purposes for two other Chinese women, including one now enrolled at Virginia Tech.. Federal prosecutors in Pittsburgh allege they scammed tests run by Educational Testing...

  • WINCHESTER, Va. _ Trex Co. on Monday reported second-quarter net income of $18.7 million. For the current quarter ending in September, Trex said it expects revenue in the range of $96 million. Trex shares have increased almost 7 percent since the beginning of the year.

  • Verizon workers to stay on job without new contract Sunday, 2 Aug 2015 | 12:44 AM ET

    NEW YORK— Verizon and unions representing workers in nine states said employees will work without a contract as more negotiations are scheduled. Marc Reed, Verizon's chief administrative officer, said the company is "disappointed" it was unable to reach an agreement with the unions despite "six weeks of good faith bargaining and a very strong effort by the...

  • Verizon strike possible as contract deadline looms Saturday, 1 Aug 2015 | 9:36 AM ET

    NEW YORK— Verizon workers in nine states could walk off the job as soon as early Sunday if union negotiators don't reach an agreement over benefits with the wireless carrier. Last week, the Communications Workers of America announced that 86 percent of Verizon workers covered by the contract voted to strike in a recent poll, if a new agreement isn't reached.

  • WASHINGTON— Apartment rents are up. So are prices for restaurant meals, haircuts, gym memberships and a cup of coffee. For American consumers who have become used to flat or even falling prices for several years, an unfamiliar sight has emerged in many corners of the economy: Inflation is ticking up.

  • Verizon strike possible as contract deadline looms Friday, 31 Jul 2015 | 5:56 PM ET

    WASHINGTON— Verizon workers in nine states could walk off the job as soon as early Sunday if union negotiators don't reach an agreement over benefits with the wireless carrier. Last week the Communication Workers of America announced that 86 percent of Verizon workers covered by the contract voted to strike in a recent poll, if a new agreement isn't reached.

  • DETAILS: Quartet Magnetic and Dry Erase Boards sold between January 2005 and December 2013. The boards were sold in eight sizes, including 5 ½ x 14, 8 ½ x 11, 11 ½ x 11 ½, 11 x 17, 12 x 12, 14 x14, 17 x 17 and 17 x 23. They were sold at Ace Hardware, Fred Meyer, Menards, Office Depot and other stores nationwide. FOR MORE: Call ACCO Brands at 800-611-6654 from 8 a.m. to 5 p.m. CT...

  • Correction: Earns-VSE story Friday, 31 Jul 2015 | 1:50 PM ET

    ALEXANDRIA, Va.— In a story July 30 about VSE earnings— generated by Automated Insights using data from Zacks Investment Research— The Associated Press erroneously described the company's main business. ALEXANDRIA, Va.— VSE Corp. on Thursday reported second-quarter profit of $5.5 million. The Alexandria, Virginia- based company said it had net income of $1.02 per...

  • DOVER, Del.— Frustrated with years of legal wrangling, a Delaware judge has given a lender 60 days to decide whether to buy the former presidential yacht Sequoia, which lies rotting in a Virginia shipyard. In 2012, the Sequoia group entered a $7.5 million loan agreement with FE Partners LLC, an investment entity formed by Washington, D.C.- based Equator Capital Group...

  • Shenandoah Telecom posts 2Q profit Friday, 31 Jul 2015 | 7:09 AM ET

    EDINBURG, Va. _ Shenandoah Telecommunications Co. on Friday reported second-quarter earnings of $10.5 million. The telecommunications service provider in parts of Maryland, Pennsylvania, Virginia and West Virginia posted revenue of $85.7 million in the period. Shenandoah Telecom shares have climbed 2 percent since the beginning of the year.

  • VSE posts 2Q profit Thursday, 30 Jul 2015 | 7:34 PM ET

    ALEXANDRIA, Va. _ VSE Corp. on Thursday reported second-quarter profit of $5.5 million. The Alexandria, Virginia- based company said it had net income of $1.02 per share. This story was generated by Automated Insights using data from Zacks Investment Research.

  • Tredegar posts 2Q profit Thursday, 30 Jul 2015 | 7:24 PM ET

    RICHMOND, Va. _ Tredegar Corp. on Thursday reported second-quarter earnings of $594,000. The Richmond, Virginia- based company said it had net income of 2 cents per share. Tredegar shares have decreased 14 percent since the beginning of the year.

  • ICF misses Street 2Q forecasts Thursday, 30 Jul 2015 | 6:51 PM ET

    FAIRFAX, Va. _ ICF International Inc. on Thursday reported second-quarter profit of $9.2 million. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 67 cents per share. Five analysts surveyed by Zacks expected $292.4 million.

  • NeuStar tops Street 2Q forecasts Thursday, 30 Jul 2015 | 6:45 PM ET

    STERLING, Va. _ NeuStar Inc. on Thursday reported second-quarter profit of $45.1 million. NeuStar expects full-year earnings in the range of $4.34 to $4.51 per share, with revenue in the range of $1.03 billion to $1.05 billion. NeuStar shares have climbed slightly more than 4 percent since the beginning of the year.