Trading Day: Local SEC filings for 7.14.16

Apple Hospitality REIT (APLE)

The hotel-focused real estate investment trust announced it had closed on a previously announced acquisition of a 128-room Home2Suites by Hilton in Atlanta. The purchase price was $24.6 million.

CarMax (KMX)

The used car retailer reported its quarterly earnings for the three months ended May 31. Revenues totaled $4.12 billion, up from $4.01 billion the same quarter last year. Profits totaled $175.3 million, down from $181.9 million the same quarter last year.

Executive vice president and general counsel Eric Margolin sold 4,000 shares of common stock at values ranging from $50.75 to $52.95 per share for a total of $207,400.

Senior vice president Jon Daniels exercised stock options for 10,000 shares at $51 per share.

Cordia Bancorp (BOVA)

The parent company of Bank of Virginia filed a proxy related to its pending deal to be acquired by First-Citizens Bank & Trust from North Carolina. The company has set a shareholders meeting to vote on the deal for Aug. 11 at noon at the Hampton Inn, 3620 Price Club Blvd. in Midlothian. A full copy of the proxy can be read here.

 

Dynex Capital (DX)

Director Thomas Akin sold 108,378 shares of common stock at values ranging from $6.59 to $6.67 for a total of $719,061. The sales were related to a trading plan Akin adopted June 6.

Union Bankshares (UBSH)

The parent of Union Bank & Trust said it will release its second quarter earnings before the stock market opens on July 22.

Universal Corp. (UVV)

Subsidiary officer James Huffman exercised stock options for 2,212 shares at $58.15 per share, with 431 of those shares used to pay tax liabilities.

WestRock (WRK)

Packaging Solutions president Robert Beckler was awarded 14,011 shares of common stock. He sold 8,516 shares at $37.04 per share to pay tax liabilities.

Xenith Bankshares (XBKS)

The parent of Xenith Bank said it received approval from the Federal Reserve for its pending deal to be acquired by Hampton Roads Bankshares. It was the final regulatory approval needed for the deal, following a prior approval by the state.  Xenith said it expects to close the deal on July 29, following a shareholder vote from both companies on July 28.

Apple Hospitality REIT (APLE)

The hotel-focused real estate investment trust announced it had closed on a previously announced acquisition of a 128-room Home2Suites by Hilton in Atlanta. The purchase price was $24.6 million.

CarMax (KMX)

The used car retailer reported its quarterly earnings for the three months ended May 31. Revenues totaled $4.12 billion, up from $4.01 billion the same quarter last year. Profits totaled $175.3 million, down from $181.9 million the same quarter last year.

Executive vice president and general counsel Eric Margolin sold 4,000 shares of common stock at values ranging from $50.75 to $52.95 per share for a total of $207,400.

Senior vice president Jon Daniels exercised stock options for 10,000 shares at $51 per share.

Cordia Bancorp (BOVA)

The parent company of Bank of Virginia filed a proxy related to its pending deal to be acquired by First-Citizens Bank & Trust from North Carolina. The company has set a shareholders meeting to vote on the deal for Aug. 11 at noon at the Hampton Inn, 3620 Price Club Blvd. in Midlothian. A full copy of the proxy can be read here.

 

Dynex Capital (DX)

Director Thomas Akin sold 108,378 shares of common stock at values ranging from $6.59 to $6.67 for a total of $719,061. The sales were related to a trading plan Akin adopted June 6.

Union Bankshares (UBSH)

The parent of Union Bank & Trust said it will release its second quarter earnings before the stock market opens on July 22.

Universal Corp. (UVV)

Subsidiary officer James Huffman exercised stock options for 2,212 shares at $58.15 per share, with 431 of those shares used to pay tax liabilities.

WestRock (WRK)

Packaging Solutions president Robert Beckler was awarded 14,011 shares of common stock. He sold 8,516 shares at $37.04 per share to pay tax liabilities.

Xenith Bankshares (XBKS)

The parent of Xenith Bank said it received approval from the Federal Reserve for its pending deal to be acquired by Hampton Roads Bankshares. It was the final regulatory approval needed for the deal, following a prior approval by the state.  Xenith said it expects to close the deal on July 29, following a shareholder vote from both companies on July 28.

This story is for our paid subscribers only. Please become one of the thousands of BizSense Pro readers today!

Your subscription has expired. Renew now by choosing a subscription below!

For more informaiton, head over to your profile.

Profile


SUBSCRIBE NOW

 — 

 — 

 — 

TERMS OF SERVICE:

ALL MEMBERSHIPS RENEW AUTOMATICALLY. YOU WILL BE CHARGED FOR A 1 YEAR MEMBERSHIP RENEWAL AT THE RATE IN EFFECT AT THAT TIME UNLESS YOU CANCEL YOUR MEMBERSHIP BY LOGGING IN OR BY CONTACTING [email protected].

ALL CHARGES FOR MONTHLY OR ANNUAL MEMBERSHIPS ARE NONREFUNDABLE.

EACH MEMBERSHIP WILL ONLY FUNCTION ON UP TO 3 MACHINES. ACCOUNTS ABUSING THAT LIMIT WILL BE DISCONTINUED.

FOR ASSISTANCE WITH YOUR MEMBERSHIP PLEASE EMAIL [email protected]




Return to Homepage

Subscribe
Notify of
guest

0 Comments
oldest
newest most voted
Inline Feedbacks
View all comments