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Old Point Financial Corporation stock price

Old Point Financial Corporation latest news:


  • 01/02/2018 14:43:31

    MoneyGram, Alibaba unit merger killed off

    MoneyGram International Inc. shares fell more than 8% late Tuesday after the Texas-based money transfer company and Ant Financial Services group, an affiliate of China-based Alibaba Group Holding Ltd. , said they have agreed to end their merger agreement after months of wrangling with the U.S. government. The companies couldn't obtain approval from the Committee on Foreign Investment, MoneyGram said in a statement. They plan to work together "on new strategic initiatives" around remittances and digital payments in Asian markets after the deal didn't materialize, they said. "Despite our best efforts to work cooperatively with the U.S. government, it has now become clear that CFIUS will not approve this merger. We are disappointed in the termination of this compelling transaction, which would have created significant value for our stakeholders," MoneyGram Chief Executive Alex Holmes said in the statement. Ant Financial in April upped the deal to buy MoneyGram to $18 a share, after a competitor came in with an unsolicited offer in the increasingly politicized takeover battle. The potential deal was first announced in January 2016. American depositary shares of Alibaba were flat late Tuesday, after ending the regular session up 6.5%. MoneyGram stock ended Tuesday's trading 1% higher.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 12/04/2017 15:06:14

    BRIEF-Overseas Shipholding Group Appoints Richard Trueblood as CFO

    Overseas Shipholding Group Inc(OSG): * OVERSEAS SHIPHOLDING GROUP ANNOUNCES CFO APPOINTMENT. * Overseas Shipholding Group Inc(OSG) - RICHARD L. TRUEBLOOD WAS APPOINTED CHIEF FINANCIAL OFFICER ON DECEMBER 1, 2017. * Overseas Shipholding Group Inc (OSG) - TRUEBLOOD HAS BEEN SERVING AS OSG'S INTERIM CFO SINCE JULY Source text for Eikon: Further company coverage:

  • 11/30/2017 14:49:55

    BRIEF-Blue Apron Appoints Brad Dickerson As Chief Executive Officer

    Blue Apron Holdings Inc(APRN): * BLUE APRON APPOINTS BRAD DICKERSON AS CHIEF EXECUTIVE OFFICER. * Blue Apron Holdings Inc(APRN) - CO-FOUNDER MATT SALZBERG NAMED EXECUTIVE CHAIRMAN. * Blue Apron Holdings Inc (APRN) - COMPANY REAFFIRMS PREVIOUSLY STATED FINANCIAL GUIDANCE. * Blue Apron Holdings Inc (APRN) - COMPANY HAS COMMENCED A SEARCH FOR A NEW CHIEF FINANCIAL OFFICER.

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