Roanoke Times Copyright (c) 1995, Landmark Communications, Inc. DATE: WEDNESDAY, August 16, 1995 TAG: 9508160071 SECTION: BUSINESS PAGE: B8 EDITION: METRO SOURCE: DATELINE: LENGTH: Medium
The new company, the third largest U.S. cable company with 3.1 million subscribers, has about 55,000 customers in the Roanoke Valley.
"The new logo has a sleeker look and a graphic design that symbolizes our company's three areas of focus for the future: video, voice and data transmission," said Gretchen Shine, vice president and general manager of the Roanoke operation.
The symbol already is on nine of the local company's vehicles, she said. - Staff report First Union Bank to transfer jobs
RICHMOND - First Union National Bank of Virginia will transfer 65 jobs from McLean to the Richmond suburb of Henrico County in early November.
The bank's parent company, Charlotte, N.C.-based First Union Corp., said the positions cover such tasks as handling mail, processing checks and recording automated teller machine deposits. Forty-nine of the jobs will be part time.
The bank's service center in Henrico County already employs 153 people. The new jobs will bring to 490 the number of First Union employees in the Richmond area.
First Union said the consolidation will not affect the bank's operations or employment at its Virginia headquarters in Roanoke.
- Associated Press Merger gossip boosts stocks
Speculation in Tuesday's edition of The Wall Street Journal about a possible acquistion of Conrail by Norfolk Southern Corp. probably influenced the substantial increases in the stock prices of both railroads.
The Journal, in its "Heard on the Street" stock market feature, quoted Edward Burkhardt, president of Wisconsin Central Transportation, a regional railroad in Illinois, as saying he expected a merger between Conrail and Norfolk Southern within the year.
Norfolk Southern's stock closed Tuesday at $72.621/2 a share, up $1.371/2 from Monday's close. Conrail's stock closed at $65.50, up $2.
An NS spokesman said the company would not comment.
NS employs roughly 3,200 people in the Roanoke Valley.
- Staff report
by CNB