Dominion Resources (D)
The utility giant is issuing $400 million in debt notes. RBC Capital Markets is handling the issuing. The notes will bear interest at 1.25 percent per year and will mature on March 15, 2017. The company said it will use the money raised to repay short term debt and general corporate purposes.
Genworth Financial (GNW)
Executive vice president Kevin Schneider exercised options for 5,926 shares at $7.80 per share. He then sold 4,269 shares at market price for $16.78 each for a total sale of $71,600.
James River Coal (JRCC)
The company said it must delay filing its annual report for 2013. It said a strategic review process is the cause of the delay. The company previously said in February that it was considering “strategic alternatives” including selling itself. A Reuters report said the company he company idled seven mines in Central Appalachia last year due to weak demand for coal.
JRC also said it will miss the due date for an interest payment on $13.3 million worth of debt. The payment is due March 17 and the company said it has 30 days to make the payment after that date to avoid a default.
Dominion Resources (D)
The utility giant is issuing $400 million in debt notes. RBC Capital Markets is handling the issuing. The notes will bear interest at 1.25 percent per year and will mature on March 15, 2017. The company said it will use the money raised to repay short term debt and general corporate purposes.
Genworth Financial (GNW)
Executive vice president Kevin Schneider exercised options for 5,926 shares at $7.80 per share. He then sold 4,269 shares at market price for $16.78 each for a total sale of $71,600.
James River Coal (JRCC)
The company said it must delay filing its annual report for 2013. It said a strategic review process is the cause of the delay. The company previously said in February that it was considering “strategic alternatives” including selling itself. A Reuters report said the company he company idled seven mines in Central Appalachia last year due to weak demand for coal.
JRC also said it will miss the due date for an interest payment on $13.3 million worth of debt. The payment is due March 17 and the company said it has 30 days to make the payment after that date to avoid a default.