Correction: A filing error from Community Bankers Trust mistakenly reported that director William Hardy sold 2,500 shares. In fact, he purchased 2,500 shares, according to the company. The entry below has been corrected accordingly.
Altria (MO)
The tobacco giant reported its first quarter earnings for 2017. Revenues totaled $6.08 billion, up from $6.06 billion the same three months of 2016. Profits totaled $1.4 billion, up from $1.2 billion the same quarter last year.
General counsel Denise Keane announced she will retire July 1 after 40 years of service. Deputy general counsel Murray Garnick will replace Keane effective that date.
Community Bankers Trust (ESXB)
William Hardy, a director, acquired 2,500 shares at $7.82 per share for a total of $19,550.
Dynex Capital (DX)
The mortgage REIT reported its first quarter earnings for 2017. Assets totaled $3.33 billion, down from $3.39 billion the same three months of 2016. Profits totaled $9.05 million, compared to a loss the same quarter last year of $37.43 million.
Genworth Financial (GNW)
The insurer, which is in the midst of being acquired by a Chinese conglomerate, reported its first quarter financials. It cited net income of $155 million, compared with $53 million in the same period last year. It had $2.17 billion in revenue for the quarter, compared with $1.78 billion for the first quarter last year. The company said it has submitted all regulatory filings related to its deal with China Oceanwide. See the full earnings report here.
New Market (NEU)
The petroleum-focused holding company reported its first quarter earnings for 2017. Revenues totaled $542.8 million, up from $509.9 million the same quarter last year. Profits totaled $63.9 million, up from $61.9 million the same three months of 2016.
Owens & Minor (OMI)
The healthcare logistics company reported its first quarter earnings for 2017. Sales totaled $2.32 billion, down from $2.45 billion the same three months of 2016. Profits totaled $18.78 million, down from $24.13 million the same quarter last year.
Director Craig Smith sold 14,995 shares of common stock at $34.40 per share for a total of $515,828.
Tredegar (TG)
The plastic and aluminum parts manufacturer reported its first quarter earnings for 2017. Revenues totaled $221 million, up from $207.3 million the same three months of 2016. Profits totaled $3.7 million, down from $7.2 million the same quarter last year.
WestRock (WRK)
Executive VP Jennifer Graham-Johnson exercised options for 3,471 shares of common stock, selling 2,019 at $54 per share for a total of $109,026.
Xenith Bankshares (XBKS)
The parent of Xenith Bank reported its first quarter financials, citing net income of $5.66 million, up from $1.38 million in the same period last year, prior to its merger with the larger Hampton Roads Bankshares. Its total assets reached $3.2 billion at quarter’s end. It net loans were to $2.34 billion. Total deposits were $2.62 billion. See the full earnings report here.
Correction: A filing error from Community Bankers Trust mistakenly reported that director William Hardy sold 2,500 shares. In fact, he purchased 2,500 shares, according to the company. The entry below has been corrected accordingly.
Altria (MO)
The tobacco giant reported its first quarter earnings for 2017. Revenues totaled $6.08 billion, up from $6.06 billion the same three months of 2016. Profits totaled $1.4 billion, up from $1.2 billion the same quarter last year.
General counsel Denise Keane announced she will retire July 1 after 40 years of service. Deputy general counsel Murray Garnick will replace Keane effective that date.
Community Bankers Trust (ESXB)
William Hardy, a director, acquired 2,500 shares at $7.82 per share for a total of $19,550.
Dynex Capital (DX)
The mortgage REIT reported its first quarter earnings for 2017. Assets totaled $3.33 billion, down from $3.39 billion the same three months of 2016. Profits totaled $9.05 million, compared to a loss the same quarter last year of $37.43 million.
Genworth Financial (GNW)
The insurer, which is in the midst of being acquired by a Chinese conglomerate, reported its first quarter financials. It cited net income of $155 million, compared with $53 million in the same period last year. It had $2.17 billion in revenue for the quarter, compared with $1.78 billion for the first quarter last year. The company said it has submitted all regulatory filings related to its deal with China Oceanwide. See the full earnings report here.
New Market (NEU)
The petroleum-focused holding company reported its first quarter earnings for 2017. Revenues totaled $542.8 million, up from $509.9 million the same quarter last year. Profits totaled $63.9 million, up from $61.9 million the same three months of 2016.
Owens & Minor (OMI)
The healthcare logistics company reported its first quarter earnings for 2017. Sales totaled $2.32 billion, down from $2.45 billion the same three months of 2016. Profits totaled $18.78 million, down from $24.13 million the same quarter last year.
Director Craig Smith sold 14,995 shares of common stock at $34.40 per share for a total of $515,828.
Tredegar (TG)
The plastic and aluminum parts manufacturer reported its first quarter earnings for 2017. Revenues totaled $221 million, up from $207.3 million the same three months of 2016. Profits totaled $3.7 million, down from $7.2 million the same quarter last year.
WestRock (WRK)
Executive VP Jennifer Graham-Johnson exercised options for 3,471 shares of common stock, selling 2,019 at $54 per share for a total of $109,026.
Xenith Bankshares (XBKS)
The parent of Xenith Bank reported its first quarter financials, citing net income of $5.66 million, up from $1.38 million in the same period last year, prior to its merger with the larger Hampton Roads Bankshares. Its total assets reached $3.2 billion at quarter’s end. It net loans were to $2.34 billion. Total deposits were $2.62 billion. See the full earnings report here.