TODAY'S HEADLINES / MAY 16, 2011

AGY Holding posts $7.1 million first-quarter loss

AGY Holding reported a loss of $7.1 million in the first quarter of 2011, compared with a loss in the year-earlier first quarter of $5.1 million. The Aiken-based producer of fiberglass yarns and high-strength fiberglass reinforcements reported revenue for the quarter of $44.9 million, down 1% from $45.6 million a year earlier.

Haley to host debt rating agencies next month

Gov. Nikki Haley announced plans for her administration’s first meeting with the three primary debt rating agencies – Fitch, Moody’s and S&P Rating Services – with the state’s financial, legislative and executive branch leaders next month.

URS receives $101M contract with U.S. Marine Corps

URS Corp., which last month acquired BP Barber of Columbia, has been awarded work for the U.S. Department of Defense to provide maintenance support services for U.S. Marine Corps vehicles and equipment at locations in Georgia, North Carolina and South Carolina.

Wachovia locations to become Wells Fargo by October

Wells Fargo & Co. will rebrand all remaining Wachovia signs and systems mid-October 2011. South Carolina will convert in September.

Legislative calendar

Each week the Daily Report publishes the calendar of who is entertaining our legislators.

Job of the Week

Liberty Mutual is looking to hire a sales representative in Columbia. The full-time position entails selling auto, home and life insurance on a base salary, plus commission. As a direct employee, licensing and training will be paid by Liberty Mutual. Benefits include a 401(k) and a company-paid pension plan. Learn more or apply here.

The Daily Report is published by the Columbia Regional Business Report,
a publication of SC Biz News.

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