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In sluggish economy, career center links laid-off

When the Gannett media chain announced Aug. 14 that it would eliminate 1,000 positions and lay off 600 employees, Wall Street reacted with a figurative hallelujah. ... [more]

TowneBank Announces Quarterly Common Stock Cash Di

SUFFOLK, Va., Aug. 27, 2008 -- Hampton Roads based TowneBank announced today that its Board of Directors on August 27, 2008 declared its third-quarter shareholder common stock cash dividend of $0.08 per common share payable on October 10, 2008 to sh ... [more]

TowneBank Preferred Stock Offering Tops $59 Millio

SUFFOLK, Va., Aug. 27, 2008 -- TowneBank announced today that it has raised $59.8 million in additional capital through the sale of more than 598,000 shares of its 8% Non-Cumulative Convertible Preferred Stock, Series A, well above the original maxi ... [more]

Comings and Goings -- from A to Z (Convenience Sto

Alimentation Couche-Tard Inc. (Top 100 rank #6) Alimentation Couche-Tard Inc., Laval, Quebec, agreed to acquire 83 convenience stores from Convenient Food Mart Inc., Painesville, Ohio, in May. The transaction included stores in the St. Louis and cen ... [more]

Press Release (Baltimore City Paper)

The first time I came in here, I was completely overwhelmed, Laura McCandlish says. Shes looking up from the cavernous main lobby of the Sun building at the glass-lined balconies. ... [more]

MHI Hospitality Corporation Reports Financial Resu

MHI Hospitality Corporation , a self-advised lodging real estate investment trust , today reported its consolidated results for the second quarter ended June 30, 2008. ... [more]

Work Begins On USS Somerset (WJAC 6 Johnstown)

Navy contractors have begun construction of the new USS Somerset, a ship named after the site of crash of United Flight 93. ... [more]

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