Finance

Stock market and investment news with a local focus

QVC emerges from financial, leadership restructuring; stock resumes trading

QVC Group Inc., owner of cable television shopping channels QVC and HSN, said it has completed its financial restructuring and emerged from the Chapter 11 bankruptcy protection process it had begun in April. Additionally, President and CEO David Rawlinson has stepped down, to be replaced by Mike George, who fills in as interim CEO and chairman of the company’s board of directors.

Transportation and logistics

‘I’m a purpose-driven leader.’ — An interview with Rick Saunders

“I never wanted to be an entrepreneur,” says Rick Saunders, 66. “It was not part of my life's ambition to be a bank CEO. I was perfectly fine being a banker to the community.”

People

First Reliance to be acquired by GA company in $163M deal

Colony Bankcorp Inc. will acquire 100% of Florence-based First Reliance Bancshares Inc. stock in a stock-and-cash transaction worth about $163 million.

Finance

FSRL begins trading on OTCQX

First Reliance Bancshares Inc. stock has been upgraded from trading on the OTCID Basic Market to OTCQX Best Market.

Finance

Finance

QVC emerges from financial, leadership restructuring; stock resumes trading

‘I’m a purpose-driven leader.’ — An interview with Rick Saunders

First Reliance to be acquired by GA company in $163M deal

FSRL begins trading on OTCQX

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