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Central Virginia Bankshares Reports First Quarter 2013 Financial Results

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Categories: Debt

POWHATAN, Va., May 17, 2013 /PRNewswire/ — Central Virginia Bankshares, Inc. (OTC QB: CVBK) and Central Virginia Bank announced that the Company recorded net income of $60 thousand for the first quarter of 2013, and after the effect of unpaid dividends of $161 thousand on preferred stock, net loss available to common shareholders totaled $101 thousand or $(0.04) per basic and diluted share.  This compares to first quarter of 2012 net income of $291 thousand, and after the effect of dividends of $161 thousand on preferred stock, net income available to common shareholders of $130 thousand or $0.05 per basic and diluted share. Continue reading →

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CA-BUSINESS Summary

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Categories: Debt

Yen edges up from lows, Asian shares rise

SINGAPORE (Reuters) – The yen edged higher on Monday after Japan‘s economics minister said further weakness in the yen could harm households, while Asian shares rose in response to U.S. equities rallying on upbeat economic data. The dollar fell to as low as 102.00 yen earlier on Monday, pulling away from Friday’s high of 103.32 yen, the greenback’s highest level versus the yen since October 2008. Continue reading →

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