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Trading Day: Local SEC filings for 6.12.14

Trading Day: Local SEC filings for 6.12.14

Michael Schwartz June 12, 2014 0

A $15,000 a month consulting gig for the former president of a local Fortune 500. Two members of the Gottwald family increase their stake in a Richmond firm. And a Glen Allen bank fully

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Timeshare / resort firm files Chapter 11

Timeshare / resort firm files Chapter 11

Michael Schwartz June 11, 2014 2

A Richmond-based company which has developed a resort in the Bahamas, filed for bankruptcy earlier this week. It owes millions to several local organizations, and its total debts could add up to as much

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Credit union expands presence on Broad Street

Credit union expands presence on Broad Street

Michael Schwartz June 10, 2014 0

Henrico Federal Credit Union is spreading out its home base with the purchase of a former medical office

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Xenith gets another go-ahead on merger

Xenith gets another go-ahead on merger

Michael Schwartz June 4, 2014 0

The growing local bank has just one final step to clear before it can seal the deal on its latest acquisition.

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Richmond lands six on Fortune 500

Richmond lands six on Fortune 500

Michael Schwartz June 3, 2014 0

The usual gang of companies represented the Richmond market in the latest Fortune 500 list, released Monday by Fortune magazine.

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Bank deals heating up for summer

Bank deals heating up for summer

Michael Schwartz May 30, 2014 1

Feeling confident after a $50 million capital raise, a local bank has lined up an acquisition in Hampton Roads. And it's the second purchase announced by an area bank in recent weeks

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Trading Day: Local SEC filings for 5.29.14

Trading Day: Local SEC filings for 5.29.14

Michael Schwartz May 28, 2014 1

A sweet parting pay package for a Star Scientific exec. A member of the Gottwald clan makes a stock purchase in a local firm. And a local bank discloses its plan to finally get

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Life Line flat lines

Life Line flat lines

Michael Schwartz May 28, 2014 0

A local credit union was shut down last week by regulators after it was deemed insolvent and beyond repair

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Downtown REIT marches on despite new lawsuits

Downtown REIT marches on despite new lawsuits

Michael Schwartz May 27, 2014 0

So far the suits have been minor obstacles as Apple REIT Cos. builds a hotel in Shockoe Slip and looks to potentially list shares of its Apple Hospitality REIT on a public stock market

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