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.

DealFlow: M&A roundup for 4.23.14

alwaysbeclosing

Hundreds of millions of dollars worth of deals closed by local investment banking firms this month including Harris Williams, Transact Capital and BB&T Capital Markets.

It was good to be the king in 2013

barringtonfeatured

The CEOs of 13 local publicly traded companies saw the value of their total pay packages rise by an average of $749,000, or 10.6 percent, last year.

Trading Day: Local SEC filings for 4.17.14

tradingday211

A local bank executive is stepping down. A Richmond firm takes a hit on currency exchange. And a CarMax exec cashes out a stock option.

The R&D Dept.: Local patents for 4.16.14

Light bulb

New inventions arriving with patents from Afton Chemical, a newly renamed Shockoe Bottom firm, MeadWestvaco, Dupont, Honeywell and more.

Local bank gets a $15M cushion

Continuing its hot streak, a Midlothian-based bank has struck a deal to pad its coffers in a big way. And it’s adding two new branches.

Trading Day: Local SEC filings for 4.10.14

Big stock awards at CarMax. Genworth takes another small step toward an IPO for its Australian subsidiary. It’s still an overall quiet time for public filings.

New bank branch, aisle 5

First Capital Bank 620x342

Glen Allen-based First Capital Bank got the green light in recent weeks from state and federal regulators to open a new branch inside the Kroger grocery store at 13201 Rittenhouse Drive in Midlothian.

Downtown mining firm seeks Chapter 11

JamesRiverCOalFeatured

With its stock stuck in the doldrums and at least one big debt payment looming, a struggling Richmond coal company filed bankruptcy Monday.