Brink’s (BCO)
Director Ian Clough was appointed to the board’s audit and ethics committee and compensation and benefits committee. Director George Stoeckert was appointed to the audit and ethics committee, the corporate governance and nominating committee and finance and strategy committee.
CarMax (KMX)
The used-car retailer filed its earnings report for the third quarter that ended Nov. 30, 2015. Net sales and operating revenues for the quarter totaled $3.54 billion, up from $3.4 billion the same quarter in 2014. Year-to-date net revenues totaled $11.44 billion, up from $10.75 billion the same time the year before. Net earnings for the quarter totaled $128.1 million, down from $130 million the same quarter the year before. Year-to-date net earnings totaled $482.4 million, up from $454.2 million the year before.
Eastern Virginia Bankshares (EVBS)
Continuing a weeks-long acquisition streak, Boris Gutin, a director, acquired 6,062 shares in several transactions averaging about $6.77 per share. The total value of the purchases was approximately $41,000. The shares were purchased on behalf of GCP Capital Partners and various related affiliates. GCP is a private equity firm that invested in the bank’s capital raise in 2013.
Media General (MEG)
The company announced it had completed negotiating terms to be acquired by Nexstar Broadcasting Group. As of closing on Jan. 6, the negotiated transaction reflects a value of $17.66 per share plus the value of a contingent value right. Upon close of the transaction, former Media General shareholders would hold approximately 33.4 percent of Nexstar’s outstanding shares.
The companies have not signed a definitive merger agreement and cannot do so until the company’s agreement to acquire Meredith Corp. is terminated.
Director and board chairman J. Stewart Bryan III acquired 51,600 shares of voting common stock.
Owens & Minor (OMI)
Senior vice president and general counsel Nicholas J. Pace acquired 13,298 shares of restricted common stock with a vesting date of Feb. 1, 2018.
Brink’s (BCO)
Director Ian Clough was appointed to the board’s audit and ethics committee and compensation and benefits committee. Director George Stoeckert was appointed to the audit and ethics committee, the corporate governance and nominating committee and finance and strategy committee.
CarMax (KMX)
The used-car retailer filed its earnings report for the third quarter that ended Nov. 30, 2015. Net sales and operating revenues for the quarter totaled $3.54 billion, up from $3.4 billion the same quarter in 2014. Year-to-date net revenues totaled $11.44 billion, up from $10.75 billion the same time the year before. Net earnings for the quarter totaled $128.1 million, down from $130 million the same quarter the year before. Year-to-date net earnings totaled $482.4 million, up from $454.2 million the year before.
Eastern Virginia Bankshares (EVBS)
Continuing a weeks-long acquisition streak, Boris Gutin, a director, acquired 6,062 shares in several transactions averaging about $6.77 per share. The total value of the purchases was approximately $41,000. The shares were purchased on behalf of GCP Capital Partners and various related affiliates. GCP is a private equity firm that invested in the bank’s capital raise in 2013.
Media General (MEG)
The company announced it had completed negotiating terms to be acquired by Nexstar Broadcasting Group. As of closing on Jan. 6, the negotiated transaction reflects a value of $17.66 per share plus the value of a contingent value right. Upon close of the transaction, former Media General shareholders would hold approximately 33.4 percent of Nexstar’s outstanding shares.
The companies have not signed a definitive merger agreement and cannot do so until the company’s agreement to acquire Meredith Corp. is terminated.
Director and board chairman J. Stewart Bryan III acquired 51,600 shares of voting common stock.
Owens & Minor (OMI)
Senior vice president and general counsel Nicholas J. Pace acquired 13,298 shares of restricted common stock with a vesting date of Feb. 1, 2018.