Press Releases
Looking for more press releases? Explore our full press release archive by date to access past announcements, news updates, and media releases published on Richmond Daily Reporter.

Grocery Outlet Holding Corp. Announces Fourth Quarter and Fiscal 2024 Financial Results
Provides Fiscal 2025 Guidance Welcomes 30-Year Industry Veteran Jason Potter, President and CEO EMERYVILLE, Calif., Feb. 25, 2025 (GLOBE NEWSWIRE) -- Grocery Outlet Holding Corp. (NASDAQ: GO) ("Grocery Outlet" or the "Company") today announced...

Potbelly Sandwich Works Expands into Virginia Beach and Norfolk with Eight New Franchise Locations!
CHICAGO, Feb. 26, 2025 (GLOBE NEWSWIRE) -- Potbelly Corporation (NASDAQ: PBPB) Premier Eats LLC, a distinguished multi-unit operator in the foodservice industry, has officially signed a Shop Development Agreement (SDA) with Potbelly Sandwich Works...

Skyline Bankshares, Inc. Announces Appointment of Director
FLOYD, Va. and INDEPENDENCE, Va., Feb. 24, 2025 (GLOBE NEWSWIRE) -- Skyline Bankshares, Inc. (the “Company”) (OTC QX: SLBK) – the holding company for Skyline National Bank (the “Bank”), announces the appointment of Israel O’Quinn as a director of...

President Trump Secures $200B Investment from Micron Technology for Memory Chip Manufacturing in the United States
Today, the Department of Commerce announced that Micron Technology, Inc., the leading American semiconductor memory company, plans to invest $200 billion in semiconductor manufacturing and R&D to dramatically expand American memory chip...

Skyline Bankshares, Inc. Announces Semi-Annual Cash Dividend
FLOYD, Va. and INDEPENDENCE, Va., Feb. 24, 2025 (GLOBE NEWSWIRE) -- Skyline Bankshares, Inc. (the “Company”) (OTC QX: SLBK) – the holding company for Skyline National Bank (the “Bank”), announces a semi-annual cash dividend on the Company’s common...

Federal Home Loan Bank of Atlanta Commits $60 Million for Homeownership Grants
ATLANTA, Feb. 24, 2025 (GLOBE NEWSWIRE) -- The Federal Home Loan Bank of Atlanta (FHLBank Atlanta) announced today that it is making $60 million in grant funding available through two enhanced programs to help families and individuals purchase or...

Rocket Lab Announces Full Year & Fourth Quarter 2024 Financial Results, Posts Record Revenue Representing 26% Sequential Growth, 78% Annual Growth and 121% Year-on-Year Quarterly Growth
Rocket Lab USA, Inc. (Nasdaq: RKLB) (“Rocket Lab”, “the Company”, “we,” “us,” or “our”), a global leader in launch services and space systems, today shared the financial results for fiscal fourth quarter, ended December 31, 2024. Rocket Lab...

Virginia’s Charles Whitfield unveils Anointed in the Moment, a powerful exploration of God’s divine timing and purpose.
God will anoint moments by allowing Chronos and Kairos to intersect in order to fulfill divine purpose in our lives. MARTINSVILLE , VA, UNITED STATES, January 10, 2025 /EINPresswire.com/ -- In a world where many seek clarity about their purpose...

Globalstar Announces 2024 Financial Results
Globalstar, Inc. (Nasdaq: GSAT) ("Globalstar" or the "Company") today announced its financial results for the fourth quarter and year ended December 31, 2024. "Globalstar reported strong fourth quarter and full year results, highlighted by a...

Federal Home Loan Bank of Atlanta Announces Preliminary Fourth Quarter and Annual 2024 Financial Results
ATLANTA, Feb. 20, 2025 (GLOBE NEWSWIRE) -- Federal Home Loan Bank of Atlanta (the Bank) today released preliminary unaudited financial highlights for the quarter and year ended December 31, 2024. All numbers reported below for 2024 are approximate...

Virginia Contractor to Pay Over $2.6M to Settle Allegations of Falsely Obtaining Small Business Contracts
R&K Enterprises Inc. (R&K), headquartered in Newport News, Virginia, has agreed to pay over $2.6 million to resolve allegations under the False Claims Act and the common law that the company represented that it was a small business eligible for...

Tandem Diabetes Care Announces Fourth Quarter and Full Year 2024 Financial Results and 2025 Financial Guidance
Tandem Diabetes Care, Inc. (Nasdaq: TNDM), a global insulin delivery and diabetes technology company, today reported its financial results for the quarter and fiscal year ended December 31, 2024 and provided its financial guidance for the year...

Advantage Capital Closes Financing for Kindlewood Phase II Redevelopment, Expanding Affordable Housing in Charlottesville, Va.
Advantage Capital, a leading impact investment firm that invests with intention in underserved areas and expands access to affordable housing opportunities across the country, announced today the financial closing for Kindlewood Phase II—a $68...

Clasen Quality Chocolate to Open New Manufacturing Facility in Virginia
RICHMOND, VA — Governor Glenn Youngkin today announced that Clasen Quality Chocolate, a U.S. manufacturer of chocolate, will invest $230 million to build a new production facility in Frederick County. The project will create 250 new jobs in the...

John Marshall Bank Expands Loudoun Team with the Hiring of Devin Perry as Vice President, Commercial Lender
John Marshall Bank (“JMB” or the “Bank”), subsidiary of John Marshall Bancorp, Inc. (the “Company”) (Nasdaq: JMSB), is pleased to welcome Devin Perry as Vice President, Commercial Lender in the Bank’s Loudoun Region. Operating out of the Bank’s...

Cvent CONNECT Draws Thousands of Event Professionals, Marketers and Hoteliers to San Antonio, Announces Nashville as Host City for 2026
Cvent, a global industry-leading meetings, events, and hospitality technology provider, announced that its 2026 customer and industry conference, Cvent CONNECT, will be hosted in Nashville, Tennessee, from July 13-16. Following two successful...

Graham Corporation Reports Fourth Quarter and Full-Year Fiscal 2025 Results
Graham Corporation (NYSE: GHM) (“GHM” or the “Company”), a global leader in the design and manufacture of mission critical fluid, power, heat transfer and vacuum technologies for the Defense, Energy & Process, and Space industries, today reported...

First Bank Welcomes Joe Shearin, President, Greater Richmond Market
STRASBURG, Va., Feb. 18, 2025 (GLOBE NEWSWIRE) -- First National Corporation (the “Company” or “First National”) (NASDAQ: FXNC), the bank holding company of First Bank (the “Bank”) is pleased to announce the addition of Joe Shearin as President,...

CoStar Group Completes Acquisition of Matterport, Ushering in a New Era of 3D Digital Twins and AI-Powered Real Estate Innovation
CoStar Group, Inc. (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information, and analytics in the property markets, announced today the successful completion of its previously announced acquisition of Matterport, Inc....

Telecom Innovation: Gotransverse and Snowflake Partner to Deliver Scalable Billing and Data Solutions for Lumos
Gotransverse, a recognized leader in billing and revenue management solutions, and Snowflake, the AI Data Cloud company, have partnered on a case study showcasing how their partnership modernized billing and data integration to support Lumos’...