Big bonuses set for local executives. And one of Richmond’s newest banks gives its top dogs stock awards.
Michael Schwartz
Michael Schwartz is the editor of Richmond BizSense, and covers banking, lawsuits, finance, M&A and golf. He can be reached at [email protected] or 804-855-1037.
Indoor sports complex set to be sold
The Richmond Indoor Sports Experience, better known as RISE, has struck a deal to be acquired by XL Sports World.
SunTrust Mortgage goes on a suing spree
A massive clog in the pipes of the American mortgage system is bubbling up in Richmond courts.
Middleburg Bank moves into new digs
The Northern Virginia bank officially has another fox den in Richmond.
Trading Day: Inside local SEC filings for 1.24.13
Markel is moving closer to its acquisition of a Bermuda firm. And big stock options for several local executives.
The R&D Dept.: Local patents for 1.23.13
Phillip Morris gets the green light on a slew of patents. Two patents for railroad cars. And Innsbrook-based Hamilton Beach gets another patent.
Coal-finding firm hits rich vein of financing
As it continues its global search for coal, a two-year-old local firm is getting a major shot in the arm.
StellarOne’s expansion takes a village
The Christiansburg bank announced a deal Friday to acquire a branch on Robious Road from Midlothian-based Village Bank.
Frog hops into SportsQuest legal fray
The SportsQuest name might be history, but legal issues from its past linger for one of its neighbors.
The epitome of a generational shift
A 30-year-old local company has found a buyer – and a shot of youth.