Richmond BizSense http://richmondbizsense.com Richmond's Homepage For Business News Wed, 01 Jul 2015 13:40:01 +0000 en-US hourly 1 http://wordpress.org/?v=4.2.2 Massive Richmond merger set to close today http://richmondbizsense.com/2015/07/01/massive-mwv-merger-set-to-close-today/ http://richmondbizsense.com/2015/07/01/massive-mwv-merger-set-to-close-today/#comments Wed, 01 Jul 2015 10:16:20 +0000 http://richmondbizsense.com/?p=71258 Packaging giants MeadWestvaco and Rock-Tenn Co. are expected to finalize their merger later today, creating a packaging colossus with a combined $15.7 billion in annual revenue. ]]> http://richmondbizsense.com/2015/07/01/massive-mwv-merger-set-to-close-today/feed/ 0 On a ‘slippery slope,’ HDL allowed access to more cash http://richmondbizsense.com/2015/07/01/on-a-slippery-slope-hdl-allowed-access-to-cash/ http://richmondbizsense.com/2015/07/01/on-a-slippery-slope-hdl-allowed-access-to-cash/#comments Wed, 01 Jul 2015 10:14:55 +0000 http://richmondbizsense.com/?p=71261 Health Diagnostic Laboratory has been granted enough financial fuel to continue operating at least another month. But both its lender and its landlord warn that the troubled lab company is on a slippery slope that could end in bankruptcy liquidation]]> http://richmondbizsense.com/2015/07/01/on-a-slippery-slope-hdl-allowed-access-to-cash/feed/ 0 Longtime credit union CEO to retire http://richmondbizsense.com/2015/07/01/longtime-credit-union-ceo-to-retire/ http://richmondbizsense.com/2015/07/01/longtime-credit-union-ceo-to-retire/#comments Wed, 01 Jul 2015 10:13:31 +0000 http://richmondbizsense.com/?p=71246 A succession is in the works at the top of one of Richmond’s largest financial institutions as its CEO will step down early next year. ]]> http://richmondbizsense.com/2015/07/01/longtime-credit-union-ceo-to-retire/feed/ 1 Perly’s-inspired market opens next door http://richmondbizsense.com/2015/07/01/perlys-inspired-market-opens-next-door/ http://richmondbizsense.com/2015/07/01/perlys-inspired-market-opens-next-door/#comments Wed, 01 Jul 2015 10:04:43 +0000 http://richmondbizsense.com/?p=71251 The first of two new downtown neighborhood markets on E. Grace Street is open for business. ]]> http://richmondbizsense.com/2015/07/01/perlys-inspired-market-opens-next-door/feed/ 0 DealFlow: Investment banking roundup for July 1, 2015 http://richmondbizsense.com/2015/07/01/dealflow-investment-banking-roundup-for-july-1-2015/ http://richmondbizsense.com/2015/07/01/dealflow-investment-banking-roundup-for-july-1-2015/#comments Wed, 01 Jul 2015 10:01:31 +0000 http://richmondbizsense.com/?p=71243
A huge month of deals for BB&T Capital Markets, Harris Williams, Dominion Partners and more. ]]>
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The R&D Dept.: Local patents for July 1, 2015 http://richmondbizsense.com/2015/07/01/the-rd-dept-local-patents-for-july-1-2015/ http://richmondbizsense.com/2015/07/01/the-rd-dept-local-patents-for-july-1-2015/#comments Wed, 01 Jul 2015 10:00:02 +0000 http://richmondbizsense.com/?p=71241
Patents for Philip Morris, Afton Chemical, Sealeze. VCU and more]]>
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Investor plugs $10M into first Richmond deals http://richmondbizsense.com/2015/06/29/investor-plugs-10m-into-first-richmond-deals/ http://richmondbizsense.com/2015/06/29/investor-plugs-10m-into-first-richmond-deals/#comments Tue, 30 Jun 2015 03:19:09 +0000 http://richmondbizsense.com/?p=71210 A Virginia Beach real estate veteran recently arrived in Richmond with money to spend and bought an E. Cary Street office building and a Henrico shopping center as part of his first push into the local market. ]]> http://richmondbizsense.com/2015/06/29/investor-plugs-10m-into-first-richmond-deals/feed/ 1 Nonprofit graduates first batch of startups http://richmondbizsense.com/2015/06/29/nonprofit-graduates-first-batch-of-startups/ http://richmondbizsense.com/2015/06/29/nonprofit-graduates-first-batch-of-startups/#comments Tue, 30 Jun 2015 03:11:45 +0000 http://richmondbizsense.com/?p=71203 An upstart nonprofit has spawned its first crop of startups after graduating five companies from its inaugural year-long training program for low-income entrepreneurs looking to start their own businesses]]> http://richmondbizsense.com/2015/06/29/nonprofit-graduates-first-batch-of-startups/feed/ 0 The Pitch: Advertising and marketing news for June 30, 2015 http://richmondbizsense.com/2015/06/29/the-pitch-advertising-and-marketing-news-for-june-30-2015/ http://richmondbizsense.com/2015/06/29/the-pitch-advertising-and-marketing-news-for-june-30-2015/#comments Tue, 30 Jun 2015 03:09:57 +0000 http://www.richmondbizsense.com/?p=71184
A packed Pitch this month with new accounts, new ads and awards for local agencies, including a new Geico spot from the Martin Agency, some work for the Redskins and more. ]]>
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The Herd: New hires, promotions and departures for June 30, 2015 http://richmondbizsense.com/2015/06/29/the-herd-new-hires-promotions-and-departures-for-june-30-2015/ http://richmondbizsense.com/2015/06/29/the-herd-new-hires-promotions-and-departures-for-june-30-2015/#comments Tue, 30 Jun 2015 03:09:13 +0000 http://richmondbizsense.com/?p=71212
Several departures this week, plus moves in banking, advertising, IT, nonprofits and more. ]]>
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