Trading Day: Local SEC filings for 11.3.16

Altria (MO)

The tobacco giant reported its earnings for the quarter that ended Sept. 30. Revenues totaled $6.9 billion, up from $6.6 billion the same quarter of 2015. Profits totaled $1 billion, compared to $1.5 billion last year. Year-to-date revenues totaled $19.4 billion, up from $19.1 billion the first nine months of last year. Year-to-date profits totaled $3.96 billion, compared to $3.99 billion last year.

CEO Martin Barrington sold 15,960 shares of common stock at $65.84 per share for a total of $1,050,806. He also gifted 31,919 shares to the nonprofit Barrington Family Foundation.

Community Bankers Trust (ESXB)

The parent of Essex Bank reported its third quarter earnings, with net income of $2.45 million, compared to a loss of $7.7 million in the same period last year. See the full results here.

Dominion (D)

The power utility reported its third quarter earnings for 2016. Revenues totaled $3.1 billion, up from $2.9 billion in the same three months of 2015. Profits totaled $690 million, up from $593 million the same quarter last year. Year-to-date revenues totaled $8.6 billion, down from $9.1 billion the first nine months of 2015. Year-to-date profits totaled $1.6 billion, up from $1.5 billion last year.

Dynex Capital (DX)

The mortgage REIT reported its third quarter earnings for 2016. Profits totaled $14.7 million, compared to a loss the same quarter last year of $36.9 million. Year-to-date, the company reported a loss of $25.9 million, compared to a loss last year of $15.9 million.

Genworth Financial (GNW)

The local insurance giant filed additional information for an employee Q&A related to its pending deal to be acquired by China Oceanwide. The additional information is related to a question regarding a China Oceanwide’s relationship to the Chinese government.

Markel (MKL)

The insurance underwriter reported its third quarter earnings for 2016. Revenues totaled $1.43 billion, up from $1.34 billion the same three months last year. Profits totaled $83.4 million, down from $104.4 million the same quarter last year. Year-to-date revenues totaled $4.18 billion, up from $3.94 billion last year. Year-to-date profits totaled $327 million, down from $390 million last year.

New Market (NEU)

The petroleum-focused holding company reported its third quarter earnings for 2016. Revenues totaled $516 million, down from $540 million the same three months of 2015. Profits totaled $71 million, up from $62 million the same quarter last year. Year-to-date revenues totaled $1.5 billion, down from $1.6 billion last year. Year-to-date profits totaled $197 million, up from $184 million last year.

Owens & Minor (OMI)

The healthcare logistics company reported its third quarter earnings. Revenues totaled $2.41 billion, down from $2.47 billion the same three months of 2015. Profits totaled $29.8 million, up from $28.1 million the same quarter last year. Year-to-date revenues totaled $7.35 billion, up from $7.28 billion last year. Year-to-date profits totaled $81 million, up from $71 million last year.

Tredegar (TG)

The plastic and aluminum parts manufacturer reported its third quarter earnings for 2016. Revenues totaled $208 million, down from $223 million the same quarter last year. Profits totaled $12 million, compared to a loss of $36 million the same quarter last year. Year-to-date revenues totaled $625 million, down from $679 million last year. Year-to-date profits totaled $22 million, compared to a loss of $26 million last year.

Union Bankshares (UBSH)

The parent of Union Bank declared a quarterly dividend of $0.20 per share.

Newly named President John Asbury acquired 300 shares at $28.07 per share. The acquisition was made “in satisfaction of state law requirements that require directors of state chartered banks to hold a minimum number of shares of the bank’s (or its holding company’s) stock upon becoming a director.”

Altria (MO)

The tobacco giant reported its earnings for the quarter that ended Sept. 30. Revenues totaled $6.9 billion, up from $6.6 billion the same quarter of 2015. Profits totaled $1 billion, compared to $1.5 billion last year. Year-to-date revenues totaled $19.4 billion, up from $19.1 billion the first nine months of last year. Year-to-date profits totaled $3.96 billion, compared to $3.99 billion last year.

CEO Martin Barrington sold 15,960 shares of common stock at $65.84 per share for a total of $1,050,806. He also gifted 31,919 shares to the nonprofit Barrington Family Foundation.

Community Bankers Trust (ESXB)

The parent of Essex Bank reported its third quarter earnings, with net income of $2.45 million, compared to a loss of $7.7 million in the same period last year. See the full results here.

Dominion (D)

The power utility reported its third quarter earnings for 2016. Revenues totaled $3.1 billion, up from $2.9 billion in the same three months of 2015. Profits totaled $690 million, up from $593 million the same quarter last year. Year-to-date revenues totaled $8.6 billion, down from $9.1 billion the first nine months of 2015. Year-to-date profits totaled $1.6 billion, up from $1.5 billion last year.

Dynex Capital (DX)

The mortgage REIT reported its third quarter earnings for 2016. Profits totaled $14.7 million, compared to a loss the same quarter last year of $36.9 million. Year-to-date, the company reported a loss of $25.9 million, compared to a loss last year of $15.9 million.

Genworth Financial (GNW)

The local insurance giant filed additional information for an employee Q&A related to its pending deal to be acquired by China Oceanwide. The additional information is related to a question regarding a China Oceanwide’s relationship to the Chinese government.

Markel (MKL)

The insurance underwriter reported its third quarter earnings for 2016. Revenues totaled $1.43 billion, up from $1.34 billion the same three months last year. Profits totaled $83.4 million, down from $104.4 million the same quarter last year. Year-to-date revenues totaled $4.18 billion, up from $3.94 billion last year. Year-to-date profits totaled $327 million, down from $390 million last year.

New Market (NEU)

The petroleum-focused holding company reported its third quarter earnings for 2016. Revenues totaled $516 million, down from $540 million the same three months of 2015. Profits totaled $71 million, up from $62 million the same quarter last year. Year-to-date revenues totaled $1.5 billion, down from $1.6 billion last year. Year-to-date profits totaled $197 million, up from $184 million last year.

Owens & Minor (OMI)

The healthcare logistics company reported its third quarter earnings. Revenues totaled $2.41 billion, down from $2.47 billion the same three months of 2015. Profits totaled $29.8 million, up from $28.1 million the same quarter last year. Year-to-date revenues totaled $7.35 billion, up from $7.28 billion last year. Year-to-date profits totaled $81 million, up from $71 million last year.

Tredegar (TG)

The plastic and aluminum parts manufacturer reported its third quarter earnings for 2016. Revenues totaled $208 million, down from $223 million the same quarter last year. Profits totaled $12 million, compared to a loss of $36 million the same quarter last year. Year-to-date revenues totaled $625 million, down from $679 million last year. Year-to-date profits totaled $22 million, compared to a loss of $26 million last year.

Union Bankshares (UBSH)

The parent of Union Bank declared a quarterly dividend of $0.20 per share.

Newly named President John Asbury acquired 300 shares at $28.07 per share. The acquisition was made “in satisfaction of state law requirements that require directors of state chartered banks to hold a minimum number of shares of the bank’s (or its holding company’s) stock upon becoming a director.”

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