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Top News & Analysis Virginia

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  • LEESBURG, Va. _ K2M Group Holdings Inc. on Tuesday reported a loss of $6.2 million in its second quarter. K2M Group shares have risen 10 percent since the beginning of the year. Keywords: K2M Group, Earnings Report.

  • RICHMOND, Va. _ Genworth Financial Inc. on Tuesday reported a second-quarter loss of $193 million, after reporting a profit in the same period a year earlier. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 26 cents per share. Genworth Financial shares have dropped 17 percent since the beginning of the year, while...

  • HERNDON, Va. _ Continental Building Products Inc. on Tuesday reported a second-quarter loss of $126,000, after reporting a profit in the same period a year earlier. The average estimate of four analysts surveyed by Zacks Investment Research was also for earnings of 24 cents per share. Three analysts surveyed by Zacks expected $112.6 million.

  • K12 reports 4Q loss 16 Hours Ago

    HERNDON, Va. _ K12 Inc. on Tuesday reported a fiscal fourth-quarter loss of $11.6 million, after reporting a profit in the same period a year earlier. On a per-share basis, the Herndon, Virginia- based company said it had a loss of 31 cents. For the year, the company reported profit of $11 million, or 29 cents per share.

  • RESTON, Va. _ ComScore Inc. on Tuesday reported a loss of $4.8 million in its second quarter. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 6 cents per share. Three analysts surveyed by Zacks expected $90.1 million.

  • WASHINGTON— Mortgage giant Freddie Mac reported net income of $4.2 billion for the second quarter, up sharply from the same period of 2014, as it increased its purchases of home loans and sold off greater volumes of riskier mortgages. The McLean, Virginia, company will pay a dividend of $3.9 billion to the U.S. Freddie will have paid $96.5 billion in dividends,...

  • VIRGINIA BEACH, Va. _ Armada Hoffler Properties Inc. on Tuesday reported a key measure of profitability in its second quarter. The average estimate of three analysts surveyed by Zacks Investment Research was for funds from operations of 21 cents per share. Armada Hoffler Properties expects full-year funds from operations in the range of 88 cents to 91 cents...

  • Gladstone Commercial reports 2Q results Monday, 3 Aug 2015 | 6:45 PM ET

    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...

  • Trex misses Street 2Q forecasts Monday, 3 Aug 2015 | 7:36 AM ET

    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...