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Trading Day 6.17.10

Trading Day 6.17.10

Michael Schwartz June 17, 2010 0

Altria Group The company said it is registering 50 million shares of its common stock for its 2010 Performance Incentive Plan for certain employees. The company also said it is registering an additional 750,000

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Local credit union may need a life line

Local credit union may need a life line

Michael Schwartz June 16, 2010 0

Richmond is home to two of the lowest rated financial institutions in the state, according to bank and credit union ratings released last week. But of the 18 community banks headquartered in the Richmond

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Distressed hotel changes brands

Distressed hotel changes brands

Al Harris June 15, 2010 0

A new flag will rise above the Sheraton Richmond West later this month

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Foreclosures 6.15.10

Foreclosures 6.15.10

Richmond BizSense June 15, 2010 1

Loads of foreclosures this week, including an usually high number from Henrico and Chesterfield plus several homes in the higher price brackets.

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First Capital Bank, what’s up your sleeve?

First Capital Bank, what’s up your sleeve?

Michael Schwartz June 14, 2010 0

A local bank that tried last year to orchestrate a sizeable merger appears once again to be positioning itself for a transaction.

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The Docket: Circuit Court Roundup for 6.14.10

The Docket: Circuit Court Roundup for 6.14.10

Richmond BizSense June 14, 2010 0

A building owner wants money back from a renovation job it says was poorly done, and a local community bank wants $30,000 from a loan it made lent to a small business. Plus, an

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Trading Day: SEC roundup for local public companies

Trading Day: SEC roundup for local public companies

Michael Schwartz June 10, 2010 0

First Capital Bancorp changes its articles to possibly sell more stock, while a Markel chairman buys more stock for a family trust. Plus bond news at Altria and Media General and stock awards at

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Prospect finalizes liquidation plan

Prospect finalizes liquidation plan

Aaron Kremer June 9, 2010 3

A year after one of Richmond’s biggest homebuilders filed for Chapter 11 Bankruptcy protection, most of its property has returned to the lenders, and the company has a final plan to finish liquidating. And

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Foreclosures for 6.8.10

Foreclosures for 6.8.10

Richmond BizSense June 8, 2010 2

A Church hill home near Chimborazo plus a Chesterfield house assessed at more than $500,000 make the list this week.

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Startup health insurer shutting

Startup health insurer shutting

Michael Schwartz June 4, 2010 19

The hotly debated healthcare reform bill signed into law in March has killed a local insurance company, and one that had raised more than $10 million from mostly local investors.

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