Changes to Times-Dispatch stock listings

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The Richmond Times-Dispatch has fine-tuned the stock listings published in the newspaper on the Markets & Money page Tuesday through Saturday and in the Moneywise section on Sundays.

The changes took effect last week for the daily stock listings and today for the listings on Page D2:

  • The Richmond Index: Three companies -- Chesapeake Corp., Circuit City Stores Inc. and LandAmerica Financial Group -- have been deleted from the Bloomberg-created index of the largest publicly traded companies with headquarters in the Richmond region.

Four companies were added: Community Bankers Trust Corp., Insmed Inc., Star Scientific Inc. and Union Bankshares Corp.

Twenty companies now are listed on the Richmond Index.

The price-weighted index, created in 1994, was adjusted to reflect the sale of Chesapeake to an investment group and the bankruptcy liquidations of Circuit City and LandAmerica.

Shares of Circuit City and LandAmerica continue to trade as penny stocks, but the companies no longer meet the criteria for the index. The index is composed of companies that have a market capitalization of more than $50 million.

  • Stocks of Local Interest: Seven companies have been added to this category, which also changed its name from "major local employers" to broaden the interest.

Shares of Circuit City and LandAmerica now are listed here.

Also added are Albemarle Corp., Church & Dwight, CSX Corp., Philip Morris International and Pfizer.

  • Selected Community Banks: This section now lists 12 community banks to better reflect those banks based in the area or that have a large presence here.

Two of those banks -- Community Bankers Trust and Union Bankshares -- moved to the Richmond Index because of having a bigger market capitalization.

Selected Virginia Companies: Nine companies have been added to the list, including those firms in the state with the largest market capitalization.

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