Latest Virginia News

K12: Fiscal Q3 Earnings Snapshot

Apr. 23, 2024 17:00 PM EDT

RESTON, Va. (AP) — RESTON, Va. (AP) — K12 Inc. (LRN) on Tuesday reported fiscal third-quarter earnings of $69.7 million. The Reston, Virginia-based company said it had net income of $1.60 per share. The results topped Wall Street expectations. The average estimate...

FVCBankcorp: Q1 Earnings Snapshot

Apr. 23, 2024 16:42 PM EDT

FAIRFAX, Va. (AP) — FAIRFAX, Va. (AP) — FVCBankcorp, Inc. (FVCB) on Tuesday reported net income of $1.3 million in its first quarter. The Fairfax, Virginia-based bank said it had earnings of 7 cents per share. Earnings, adjusted for non-recurring costs, came to 20 cents per...

Richmond Mayor Stoney drops Virginia governor bid, will run for lieutenant governor

Apr. 23, 2024 11:40 AM EDT

RICHMOND, Va. (AP) — Democratic Richmond Mayor Levar Stoney announced Tuesday he is dropping his bid for Virginia governor in 2025, avoiding a nomination contest with U.S. Rep. Abigail Spanberger, and will instead run for lieutenant governor. A former member of ex-Gov. Terry...

NVR: Q1 Earnings Snapshot

Apr. 23, 2024 09:10 AM EDT

RESTON, Va. (AP) — RESTON, Va. (AP) — NVR Inc. (NVR) on Tuesday reported first-quarter profit of $394.3 million. On a per-share basis, the Reston, Virginia-based company said it had net income of $116.41. The results topped Wall Street expectations. The average...

RTX: Q1 Earnings Snapshot

Apr. 23, 2024 07:16 AM EDT

ARLINGTON, Va. (AP) — ARLINGTON, Va. (AP) — RTX Corporation (RTX) on Tuesday reported first-quarter profit of $1.71 billion. On a per-share basis, the Arlington, Virginia-based company said it had net income of $1.28. Earnings, adjusted for one-time gains and costs, were $1.34...

Atlantic Union: Q1 Earnings Snapshot

Apr. 23, 2024 06:44 AM EDT

GLEN ALLEN, Va. (AP) — GLEN ALLEN, Va. (AP) — Atlantic Union Bankshares Corporation (AUB) on Tuesday reported first-quarter earnings of $49.8 million. The bank, based in Glen Allen, Virginia, said it had earnings of 62 cents per share. Earnings, adjusted for non-recurring costs,...

Trial opens for former Virginia hospital medical director accused of sexual abuse of ex-patients

Apr. 22, 2024 21:12 PM EDT

NEW KENT, Va. (AP) — The former longtime medical director of a Virginia hospital that serves vulnerable children used physical examinations as a “ruse” to sexually abuse two teenage patients, a prosecutor said Monday, while the physician's attorney “adamantly” denied any inappropriate...

Biden marks Earth Day by going after GOP, announcing $7 billion in federal solar power grants

Apr. 22, 2024 17:52 PM EDT

TRIANGLE, Virginia (AP) — President Joe Biden marked Earth Day by announcing $7 billion in federal grants for residential solar projects serving 900,000-plus households in low- and middle-income communities — while criticizing Republicans who want to gut his policies to address climate change....

Dynex Capital: Q1 Earnings Snapshot

Apr. 22, 2024 08:12 AM EDT

GLEN ALLEN, Va. (AP) — GLEN ALLEN, Va. (AP) — Dynex Capital Inc. (DX) on Monday reported earnings of $40.1 million in its first quarter. On a per-share basis, the Glen Allen, Virginia-based company said it had profit of 64 cents. Losses, adjusted for non-recurring gains, came to...

Proposal would assure schools that go all in to help NCAA investigations avoid postseason ban

Apr. 18, 2024 23:06 PM EDT

INDIANAPOLIS (AP) — Schools facing NCAA infractions cases could ensure they avoid postseason bans if they show “exemplary cooperation” with investigators under a proposal before the NCAA Division I Council. The NCAA announced Thursday the proposal would define “exemplary...