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Top News & Analysis Virginia

  • President Donald Trump's executive order seeking to find new ocean expanses in the Atlantic and the Arctic for offshore drilling isn't likely to reach its goals anytime soon, but instead will kick off a yearslong review and legal battle. And environmental law and policy experts questioned Trump's authority to reverse Obama's withdrawal of certain areas in...

  • HAMPTON, Va. _ Old Point Financial Corp. on Friday reported first-quarter net income of $942,000. Old Point Financial shares have increased 23 percent since the beginning of the year. Keywords: Old Point Financial, Earnings Report.

  • WASHINGTON, April 28- A U.S. appeals court blocked health insurer Anthem Inc's bid to merge with Cigna on Friday, upholding a lower court's decision that the $54 billion deal should not be allowed because it would lead to higher prices for healthcare. The ruling will probably kill the proposed merger that was rejected by the U.S. Justice Department, 11 states and a...

  • President Donald Trump's executive order seeking to find new ocean expanses in the Atlantic and the Arctic for offshore drilling is unlikely to reach its goals anytime soon, but instead will kick off a yearslong review and a legal battle. And environmental law and policy experts questioned Trump's authority to reverse Obama's withdrawal of certain areas in...

  • WASHINGTON— Vice President Mike Pence swore in Alex Acosta as the nation's new labor secretary Friday, filling out President Donald Trump's Cabinet as he approaches his 100th day in office. The oath-taking came after the Senate's 60-38 confirmation vote Thursday, in which eight Democrats and one independent joined Republicans in voting yes.

  • WASHINGTON— Working to dismantle his predecessor's environmental legacy, President Donald Trump plans to sign an executive order Friday that could lead to the expansion of drilling in the Arctic and Atlantic oceans. "This order will cement our nation's position as a global energy leader and foster energy security for the benefit of American people, without...

  • ALEXANDRIA, Va. _ VSE Corp. on Thursday reported first-quarter net income of $7.3 million. On a per-share basis, the Alexandria, Virginia- based company said it had profit of 67 cents. This story was generated by Automated Insights using data from Zacks Investment Research.

  • HERNDON, Va. _ K12 Inc. on Thursday reported fiscal third-quarter profit of $9.1 million. On a per-share basis, the Herndon, Virginia- based company said it had profit of 23 cents. For the current quarter ending in June, K12 said it expects revenue in the range of $215 million to $220 million.

  • BLACKSBURG, Va. _ National Bankshares Inc. on Thursday reported first-quarter net income of $3.6 million. National Bankshares shares have decreased roughly 1 percent since the beginning of the year. Keywords: National Bankshares, Earnings Report.

  • MCLEAN, Va. _ Southern National Bancorp of Virginia Inc. on Thursday reported first-quarter profit of $2.1 million. Southern National Bancorp shares have increased 13 percent since the beginning of the year. Keywords: Southern National Bancorp, Earnings Report.

  • TYSONS CORNER, Va. _ MicroStrategy Inc. on Thursday reported first-quarter profit of $14.9 million. The Tysons Corner, Virginia- based company said it had profit of $1.28 per share. MicroStrategy shares have declined 2.5 percent since the beginning of the year.

  • RESTON, Va. _ VeriSign Inc. on Thursday reported first-quarter profit of $116.4 million. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 94 cents per share. VeriSign shares have climbed 16 percent since the beginning of the year, while the Standard& Poor's 500 index has increased almost 7 percent.

  • WASHINGTON— The Senate on Thursday confirmed Alex Acosta as Labor secretary, filling out President Donald Trump's Cabinet as he approaches his 100th day in office. Tim Scott, R- S.C., spoke for many Republicans with a statement issued just after the vote saying he hopes Acosta's focus will be "promoting labor policies that are free of unnecessarily burdensome...

  • GLEN ALLEN, Va. _ Dynex Capital Inc. on Thursday reported first-quarter net income of $9.1 million, after reporting a loss in the same period a year earlier. Dynex Capital shares have risen nearly 8 percent since the beginning of the year. Keywords: Dynex Capital, Earnings Report.

  • MCLEAN, Va. _ Iridium Communications Inc. on Thursday reported first-quarter net income of $37.9 million. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 21 cents per share. Four analysts surveyed by Zacks expected $105.7 million.

  • WASHINGTON— President Donald Trump's plan to overhaul the U.S. tax code leaves much of the heavy lifting to Congress, while ignoring years of hard work by the guy who will have to do a lot of that lifting: House Speaker Paul Ryan. "He understands that there are a lot people who work hard and feel like they're not getting ahead," said Gary Cohn, director of the White House...

  • GLEN ALLEN, Va. _ Markel Corp. on Wednesday reported first-quarter net income of $69.9 million. Three analysts surveyed by Zacks expected $1.44 billion. Access a Zacks stock report on MKL at https://www.zacks.com/ap/MKL.

  • RICHMOND, Va. _ NewMarket Corp. on Wednesday reported first-quarter earnings of $63.9 million. The Richmond, Virginia- based company said it had profit of $5.39 per share. This story was generated by Automated Insights using data from Zacks Investment Research.

  • RICHMOND, Va. _ Xenith Bankshares Inc. on Wednesday reported first-quarter net income of $5.7 million. Xenith Bankshares shares have dropped almost 5 percent since the beginning of the year. Keywords: Xenith Bankshares, Earnings Report.

  • SPRINGFIELD, Va. _ Spok Holdings Inc. on Wednesday reported first-quarter profit of $854,000. On a per-share basis, the Springfield, Virginia- based company said it had net income of 4 cents. Keywords: Spok Holdings, Earnings Report.