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Banking & Finance News Archive Page 2

CRIZ acceleration, expansion cut out of budget-related bill

CRIZ acceleration, expansion cut out of budget-related bill

Martin's Lancaster convention center plan passes 2-1

Martin's Lancaster convention center plan passes 2-1

Volvo CE president: 'We're here to stay' in Shippensburg

Volvo CE president: 'We're here to stay' in Shippensburg

Banking & Finance News

Riggs to lead Economic Development Co. of Lancaster County, EDC Finance Corp.

Lisa Riggs, a former president of both the Lancaster Barnstormers baseball club and the former James Street Improvement District, today was named president of both the Economic Development Co. of Lancaster County and its sister organization, the EDC Finance Corp., effective July 14. Read More »»

SARAA awards several contracts for work at midstate airports

Several midstate companies were awarded contracts this week by the Susquehanna Area Regional Airport Authority. Read More »»

Palmyra facility's fate uncertain pending General Mills review

General Mills representatives aren't saying how a future cost-cutting plan could affect its distribution plant in the Palmyra area. Read More »»

Visitors Bureau out of Lancaster convention center plan

The Pennsylvania Dutch Convention & Visitors Bureau voted today to back out of a multi-party financing plan for the Lancaster County Convention Center, according to PDCVB President Kathleen Frankford. Read More »»

Metro Bank hears merger plea from another investor

A third major Metro Bancorp Inc. shareholder has called for the Swatara Township-based bank to find a strategic partner for a possible sale or merger. Read More »»

Newsmakers: Banking and Finance

Businesses featured this week: ACNB Corp., Belco Community Credit Union, Hershey Financial Advisers LLC Read More »»

Integrity ranks high for average equity return

Integrity Bancshares Inc. is on the list of one of the most profitable banks with under $1 billion in assets. Read More »»

Class action suit sought against Paytime Inc.

A complaint filed in the U.S. District Court for the Middle District of Pennsylvania is seeking class action status for litigation against Paytime Inc. in connection with a recent data breach. Read More »»

Awards

Industries featured this week: Associations, banking and finance, designations, nonprofits, real estate, technology Read More »»

Drop in mortgage refinancings forces banks to adjust

Fixed mortgage rates have eased a bit over the last two months. Read More »»

Banks report ancillary impact from Paytime security breach

All of the biggest Central Pennsylvania banks report trickle-down costs from the recent security breach at an Upper Allen Township-based payroll company. Read More »»

Legal realities of same-sex marriages now being examined

Same-sex couples who have tied the knot must deal with a host of new legal and financial issues now that they can be married in Pennsylvania. Read More »»

Midstate Stock Report, Round 3: Companies making money

While the two previous rounds of our Midstate Stock Report analysis had definite themes in the companies we chose to analyze, this one does not. Read More »»

Editorial: Hosting world forum a coup for Pennsylvania

The eyes of hundreds of foreign investors were on Pennsylvania this week. Read More »»

Establishments nourish economic development in downtown York

Greg Bower and his nephew, Jordan Chronister, consider themselves “York guys.” Read More »»

Midstate counties show wage gains, mediocre job creation in new BLS data

Four midstate counties showed mediocre job creation but healthy wage gains in new Bureau of Labor Statistics data. Read More »»

PSERS on track to meet annual investment earnings goal

While the unfunded liabilities of the commonwealth's public-sector pension systems continue to rise, investment performance remains fairly strong. Read More »»

TE Connectivity expanding position in sensor market with $1.7B deal

Switzerland-based TE Connectivity Ltd., which has engineering and administrative offices in the midstate, has entered into a definitive agreement to acquire Virginia-based Measurement Specialties Inc. for $86 per share in cash, or about $1.7 billion including net debt. Read More »»

Rite Aid reports 55 percent Q1 income decline

Cumberland County-based drugstore chain Rite Aid Corp. reported a 55 percent drop today in first-quarter net income. Read More »»

Local legislators join in introducing tax fairness legislation

In an effort they say will encourage small-business job creation, members of the state House today introduced legislation to simplify the state tax code. Read More »»

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Poll Question of the Week:

Has the state’s JobGateway helped your company in hiring?

CPBJ Extra Blog

Five of the biggest 100 banks in the world have midstate ties

Some of the biggest banks in the world have quite a large footprint in the...

Fast Forward with Hope

Rollup TVs, smartphones and other longish thoughts from this week

This was one of those weeks that could have been more focused. Instead of...

Main Dish with Erica

The great cupcake debate: Cupcake craze or crumble?

Today, I bring you a seriously sweet foodie debate: Has the cupcake craze run...

Real estate with Jeff

Steady on 'til morning: First half home sales stats

As part of our summer “road show” meetings (where our leadership...

Business Events

2014 Health Care Symposium
Friday, July 25, 2014
Top 50 Fastest Growing Companies 2014
Monday, September 22, 2014
CPBJ Business Event
Tuesday, October 14, 2014
Forty Under 40 Awards 2014
Monday, October 27, 2014
Business of the Year Awards 2014
Monday, November 10, 2014
CPBJ Business Event
Thursday, December 4, 2014

Special Editions

Business Lending Guide 2014

Business Lending Guide 2014

Top 100 Private Companies 2013

Top 100 Private Companies 2013

Health Care Report 2014

Health Care Report 2014

Women of Influence 2014

Women of Influence 2014
For many accomplished women, their secret is to not set any limits. All across the midstate, women have repeatedly shattered the proverbial glass ceiling and made a great impact on both our business landscape and their communities. That's why we're honoring 28 female leaders in the region as our Women of Influence. Through their career accomplishments, leadership, vision, community service and mentoring, they have demonstrated that no limitations will stand in the way of success.

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