Altria (MO)
The tobacco giant reported its second quarter earnings for 2016. Revenues for the three months ending June 30 totaled $6.52 billion, down from $6.61 billion the same quarter last year. Profits totaled $1.65 billion, up from $1.44 billion in 2015. Year-to-date revenues totaled $12.58 billion, up from $12.41 billion the first half of last year. Year-to-date profits totaled $2.87 billion, up from $2.46 billion last year.
Brink’s (BCO)
The armored car giant reported its second quarter earnings for 2016. Revenues totaled $739.5 million, down from $760.3 million the same quarter of 2015. Profits totaled $3.4 million, compared to a loss last year of $26.4 million. Year-to-date revenues totaled $1.46 billion, down from $1.53 billion the first six months of last year. Year-to-date profits totaled $2.9 million, compared to a loss last year of $35.9 million.
C&F Financial (CFFI)
Chairman and CEO Larry Dillon sold 1,840 shares in three transactions with an average share price of $45.63, for a combined total of approximately $84,000.
Director Charles Olsson exercised options for 1,500 shares at $37.17 per share. He then sold 1,230 shares at $45.50 for a total sale of about $56,000.
Director James Hudson III exercised options 1,500 shares at $37.17 each. He then sold 1,500 shares in three transactions totaling $68,000.
CarMax (KMX)
The used car retailer’s board elected Rite Aid Corp. CEO John T. Standley to serve as a director and appointed him to the audit committee. Standley has served as CEO of Rite Aid since 2010 and board chairman since 2012.
Community Bankers Trust (ESXB)
The parent of Essex Bank reported its second quarter earnings citing net income of $2.3 million, compared with $1.7 million in the same period last year. Total assets were $1.18 billion, up from $1.15 billion. Total loans were $785.01 million, up from $679.78 million. Total deposits grew from $947.93 million to $957.01 million. Total nonperforming assets, consisting of non-accrual loans and foreclosed real estate, were $16.55 million, down from $17.03 million. Read the full earnings report here.
Dominion (D)
The power utility reported its second quarter earnings for 2016. Revenue totaled $2.59 billion, down from $2.74 billion the same three months of 2015. Profits totaled $452 million, up from $413 million the same quarter last year. Year-to-date revenue totaled $5.51 billion, down from $6.15 billion the first half of last year. Year-to-date profits totaled $976 million, down from $949 million last year.
Genworth Financial (GNW)
The company reported net income of $172 million for the second quarter, compared to a net loss of $193 million in the same period in 2015. Total revenue was $2.23 billion, up from $2.15 billion. Read the full report here.
Markel (MKL)
The insurance underwriter reported its second quarter earnings for 2016. Revenues totaled $950 million, down from $957 million the same three months of 2015. Profits totaled $80.6 million, down from $92.4 million last year. Year-to-date revenues totaled $1.908 billion, up from $1.901 billion the first half of last year. Year-to-date profits totaled $244 million, down from $286 million last year.
New Market (NEU)
The petroleum-focused holding company reported its second quarter earnings for 2016. Revenues totaled $521 million, down from $560 million the same quarter last year. Profits totaled $64.3 million, up from $58.7 million last year. Year-to-date revenues totaled $1.03 billion, down from $1.12 billion the first half of last year. Year-to-date profits totaled $126.3 million, up from $122.6 million last year.
Owens & Minor (OMI)
The healthcare logistics company reported its second quarter earnings for 2016. Revenues totaled $2.48 billion, up from $2.42 billion the same three months of 2015. Profits totaled $27.7 million, up from $24.2 million last year. Year-to-date revenues totaled $4.93 billion, up from $4.81 billion the first half of last year. Year-to-date profits totaled $51.8 million, up from $43.1 million last year.
Tredegar (TG)
The plastic and aluminum parts manufacturer reported its second quarter earnings for 2016. Revenues totaled $208.8 million, down from $221.2 million the same quarter last year. Profits totaled $3.4 million, up from $594,000 last year. Year-to-date revenues totaled $415.8 million, down from $455.4 million the first half of last year. Year-to-date profits totaled $10.6 million, up from $10.4 million last year.
Village Bank & Trust Financial (VBFC)
The parent of Village Bank reported second quarter net income of $476,000, up from a loss of $83,000 in the same quarter last year. It total assets fell to $419.54 million from $428.06 million. Total loans were $320.29 million, up from $297.12 million. Total deposits dipped to $367.62 million, compared to $370.41 million. Total nonperforming assets fell to $6.78 million from $14.37 million. See the full report here.
Altria (MO)
The tobacco giant reported its second quarter earnings for 2016. Revenues for the three months ending June 30 totaled $6.52 billion, down from $6.61 billion the same quarter last year. Profits totaled $1.65 billion, up from $1.44 billion in 2015. Year-to-date revenues totaled $12.58 billion, up from $12.41 billion the first half of last year. Year-to-date profits totaled $2.87 billion, up from $2.46 billion last year.
Brink’s (BCO)
The armored car giant reported its second quarter earnings for 2016. Revenues totaled $739.5 million, down from $760.3 million the same quarter of 2015. Profits totaled $3.4 million, compared to a loss last year of $26.4 million. Year-to-date revenues totaled $1.46 billion, down from $1.53 billion the first six months of last year. Year-to-date profits totaled $2.9 million, compared to a loss last year of $35.9 million.
C&F Financial (CFFI)
Chairman and CEO Larry Dillon sold 1,840 shares in three transactions with an average share price of $45.63, for a combined total of approximately $84,000.
Director Charles Olsson exercised options for 1,500 shares at $37.17 per share. He then sold 1,230 shares at $45.50 for a total sale of about $56,000.
Director James Hudson III exercised options 1,500 shares at $37.17 each. He then sold 1,500 shares in three transactions totaling $68,000.
CarMax (KMX)
The used car retailer’s board elected Rite Aid Corp. CEO John T. Standley to serve as a director and appointed him to the audit committee. Standley has served as CEO of Rite Aid since 2010 and board chairman since 2012.
Community Bankers Trust (ESXB)
The parent of Essex Bank reported its second quarter earnings citing net income of $2.3 million, compared with $1.7 million in the same period last year. Total assets were $1.18 billion, up from $1.15 billion. Total loans were $785.01 million, up from $679.78 million. Total deposits grew from $947.93 million to $957.01 million. Total nonperforming assets, consisting of non-accrual loans and foreclosed real estate, were $16.55 million, down from $17.03 million. Read the full earnings report here.
Dominion (D)
The power utility reported its second quarter earnings for 2016. Revenue totaled $2.59 billion, down from $2.74 billion the same three months of 2015. Profits totaled $452 million, up from $413 million the same quarter last year. Year-to-date revenue totaled $5.51 billion, down from $6.15 billion the first half of last year. Year-to-date profits totaled $976 million, down from $949 million last year.
Genworth Financial (GNW)
The company reported net income of $172 million for the second quarter, compared to a net loss of $193 million in the same period in 2015. Total revenue was $2.23 billion, up from $2.15 billion. Read the full report here.
Markel (MKL)
The insurance underwriter reported its second quarter earnings for 2016. Revenues totaled $950 million, down from $957 million the same three months of 2015. Profits totaled $80.6 million, down from $92.4 million last year. Year-to-date revenues totaled $1.908 billion, up from $1.901 billion the first half of last year. Year-to-date profits totaled $244 million, down from $286 million last year.
New Market (NEU)
The petroleum-focused holding company reported its second quarter earnings for 2016. Revenues totaled $521 million, down from $560 million the same quarter last year. Profits totaled $64.3 million, up from $58.7 million last year. Year-to-date revenues totaled $1.03 billion, down from $1.12 billion the first half of last year. Year-to-date profits totaled $126.3 million, up from $122.6 million last year.
Owens & Minor (OMI)
The healthcare logistics company reported its second quarter earnings for 2016. Revenues totaled $2.48 billion, up from $2.42 billion the same three months of 2015. Profits totaled $27.7 million, up from $24.2 million last year. Year-to-date revenues totaled $4.93 billion, up from $4.81 billion the first half of last year. Year-to-date profits totaled $51.8 million, up from $43.1 million last year.
Tredegar (TG)
The plastic and aluminum parts manufacturer reported its second quarter earnings for 2016. Revenues totaled $208.8 million, down from $221.2 million the same quarter last year. Profits totaled $3.4 million, up from $594,000 last year. Year-to-date revenues totaled $415.8 million, down from $455.4 million the first half of last year. Year-to-date profits totaled $10.6 million, up from $10.4 million last year.
Village Bank & Trust Financial (VBFC)
The parent of Village Bank reported second quarter net income of $476,000, up from a loss of $83,000 in the same quarter last year. It total assets fell to $419.54 million from $428.06 million. Total loans were $320.29 million, up from $297.12 million. Total deposits dipped to $367.62 million, compared to $370.41 million. Total nonperforming assets fell to $6.78 million from $14.37 million. See the full report here.