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Advance Auto explores sale to private equity according to financial sources
WDBJ7 ReporterThe future of Advance Auto Parts is back in the headline. National reports indicate the company is considering a possible sale to private equity firms. There are many more questions than answers for what it will mean for the only Fortune 500 Company...Tags: Business Enterprises, Banking, Vehicles, Car Repair and Maintenance Tips, Auction Service
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High-tech Roanoke County company gets new owner
Assignment ManagerA local high-tech company is getting new owners. Synchrony is being purchased by a Texas-based company for about $50 million. Synchrony is based in Roanoke County and makes high-speed motors, generators and bearings. Dresser-Rand Group, the new owner,...Tags: Companies and Corporations, Corporate Performance, Companies and Corporations, Roanoke (Roanoke, Virginia), Electronics
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Advance Auto Parts to bring 75 new jobs to Roanoke; Company adds financial center
Advance Auto Parts will be adding 75 new jobs over the next three years as it opens a financial services customer care center to its corporate headquarters in Roanoke. The announcement came at a news conference this morning.
The company plans...Tags: Corporate Officers, Bob McDonnell, Finance, Roanoke (Roanoke, Virginia), Car Repair and Maintenance Tips
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Advance Auto celebrates ten years on the stock market
ReporterAdvance Auto Parts celebrated a milestone Thursday: its tenth anniversary as a publicly-traded company on the New York Stock Exchange. Advance Chief Executive Officer Darren Jackson rang the closing bell in New York, as employees watched the action on...Tags: Advance Auto Parts Incorporated, Corporate Officers, Companies and Corporations, Financial Markets, Economy, Business and Finance
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StarTek to close its Collinsville facility; 631 employees out of a job
StarTek announced Monday it's closing its Collinsville facility.
The call center got word Monday morning two major clients no longer need its services. StarTek says 631 employees will be out of a job by July 22. StarTek says the closure is due to a...Tags: Startek Incorporated, Career and Workplace, Chad, Lynchburg (Lynchburg, Virginia), Employees
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Appalachian Power asks for higher rates; Utility seeks 9.6% increase
Appalachian Power today asked to increase the base rate charged to customers. The utility filed a rate review and increase request with the State Corporation Commission for an overall increase of 9.6% that would take effect early in 2012.
The utility...Tags: Trials, Tennessee, Renovation, Politics, Appalachian Power Company
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StarTek announces layoffs at its Lynchburg facility
StarTek announced Monday it's laying off 69 employees at its facility on Lakeside Drive in Lynchburg.
According to a news release, "The layoff is due to a client's decision to move a line of business from the facility."
“The decision to move...Tags: Career and Workplace, Chad, Job Layoffs, Unemployment, Lynchburg (Lynchburg, Virginia)
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FreightCar America to hire 200 in Roanoke
Assignment ManagerFreightCar America will build 1,500 rail cars in Roanoke, thanks to a big order from Norfolk Southern. Governor Bob McDonnell and representatives from both companies made the announcement Monday morning in Richmond. Norfolk Southern is resuming a...Tags: Bob McDonnell, Corporate Officers, Roanoke (Roanoke, Virginia), Car Repair and Maintenance Tips, Politics
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New jobs coming to Roanoke
New jobs are coming to Roanoke.
UnitedHealthcare, a UnitedHealth Group company, is expanding in Roanoke, creating 125 new jobs over the next two years.
Speaking about Friday's announcement, Governor McDonnell said, We are pleased UnitedHealthcare is...Tags: Career and Workplace, Bob McDonnell, Roanoke (Roanoke, Virginia), Health, Politics
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Special Report: The Rise and Fall of China's Sun King
ReutersHONG KONG (Reuters) - In a 2010 speech before a packed ballroom of university students in Sydney, Shi Zhengrong, founder of Chinese solar-panel maker Suntech Power Holdings Co Ltd, listed the people who had been important in his rise to fame and riches....Tags: Trials, Agriculture, Corporate Officers, Electronics, European Debt Crisis
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Tableau Software shares close up 64 percent in market debut
Reuters(Reuters) - Shares of Tableau Software Inc rose as much as 68 percent in their trading debut as investors expect the rising interest in big data to power the data analysis software maker's growth. Tableau Software shares closed up nearly 64 percent at...Tags: NASDAQ, Business Enterprises, Initial Public Offerings, Goldman Sachs Group, Inc., Deere and Company
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Transocean chairman voted out, Icahn dividend plan rejected
ReutersZUG, Switzerland (Reuters) - Transocean Ltd shareholders voted out Chairman Michael Talbert at the annual meeting on Friday and backed a nominee of activist investor Carl Icahn to replace him on the board of the world's largest offshore drilling...Tags: Mexico, Business Enterprises, Financial Markets, Politics, Dynegy Incorporated
Nov 2, 2012
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May 18, 2013
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May 17, 2013
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May 17, 2013
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