Altria (MO)
In its first quarter earnings report, the tobacco giant said its Nu Mark subsidiary this month completed its acquisition of the e-vapor business of Green Smoke Inc. Nu Mark will begin its national launch of MarkTen e-cigarettes in June.
Media General (MEG)
The company said it has committed to a workforce reduction of 45 positions to be implemented over the rest the of year. It said the cuts are a result of its ongoing integration with New Young Broadcasting, with which it merged late last year. The cuts will result in severance and other restructuring charges of $5.5 million to $6.5 million over the remainder of the year.
As part of the cuts, vice presidents John R. Cottingham and James R. Conschafter, will cease employment with Media General effective Nov. 30 and Dec. 31, respectively.
Union Bankshares (UBSH)
The newly renamed parent of Union First Market Bank declared a quarterly dividend of $0.14 per share.
Altria (MO)
In its first quarter earnings report, the tobacco giant said its Nu Mark subsidiary this month completed its acquisition of the e-vapor business of Green Smoke Inc. Nu Mark will begin its national launch of MarkTen e-cigarettes in June.
Media General (MEG)
The company said it has committed to a workforce reduction of 45 positions to be implemented over the rest the of year. It said the cuts are a result of its ongoing integration with New Young Broadcasting, with which it merged late last year. The cuts will result in severance and other restructuring charges of $5.5 million to $6.5 million over the remainder of the year.
As part of the cuts, vice presidents John R. Cottingham and James R. Conschafter, will cease employment with Media General effective Nov. 30 and Dec. 31, respectively.
Union Bankshares (UBSH)
The newly renamed parent of Union First Market Bank declared a quarterly dividend of $0.14 per share.