Corporate net income tax collections in Pennsylvania missed the mark by $80 million in the second quarter, according to a report from the state Independent Fiscal Office.
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Finance
Coakley’s Restaurant closed by bankruptcy court order
Coakley's Restaurant and Irish Pub, a popular New Cumberland site, has been closed by order of the Bankruptcy Court for the Middle District of Pennsylvania.
Read More »PeoplesBank joins long list of Camp Hill financial institutions
The first Pennsylvania move out of York County for PeoplesBank is a big one. Not in size, but at least in perception.
Read More »Metro, Mid Penn set record-high earnings — again
Two Dauphin County banks reported record quarterly earnings Wednesday.
Read More »F.N.B. grows revenue, TE Connectivity increases sales, Fulton flat on EPS in Q2
Three companies with operations in the midstate announced earnings reports Tuesday and Wednesday.
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Codorus Valley grows Maryland footprint, buys Madison Bancorp
Codorus Valley Bancorp Inc. continued its expansion plans Tuesday when it acquired Baltimore-based Madison Bancorp Inc. in an all-cash transaction for $14.4 million, or $22.90 per share.
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York County company owner bilked investors to the tune of $400,000
A former Glen Rock man living in Utah will go to jail for more than three years and pay more than $400,000 in restitution for bilking investors in a business he ran out of his York County home.
Read More »Burnham back up, Northwest down in Q2
Burnham Holdings Inc. rebounded from tough times, but Northwest Bancshares Inc. struggled in the second quarter of 2014.
Read More »Donegal Group rejects yet another offer from Gregory Shepard
The board of directors at Donegal Group Inc. has rejected another offer from Florida-based activist shareholder Gregory Shepard, this time one Shepard termed an amicable resolution to his problems with the Lancaster County-based company.
Read More »Ocean Thermal Energy Corporation listed on GXG Markets
Lancaster-based Ocean Thermal Energy Corp. has been admitted to trade on the GXG Markets, the company announced today.
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Sneak peek at the week ahead in Q2 earnings
Second-quarter earnings season is underway, with some of our biggest local banks giving us the skinny on how they did for the last three months.
Read More »Newsmakers: Banking and Finance
Businesses featured this week: First National Bank of Pennsylvania, Fulton Financial Corp., Members 1st Federal Credit Union, Riverview Financial Corp., Union Community Bank
Read More »Integrity continues growth in Q2; Codorus Valley flat for the year
Integrity Bancshares Inc. of Camp Hill reported continued growth in the second quarter of 2014, including its highest quarterly income ever.
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Glatfelter names new finance team
Glatfelter Inc. shook up its finance team this week, naming two new vice presidents who will report to John Jacunski, executive vice president and CEO.
Read More »PPG, M&T Bank and Johnson Controls report earnings
Three companies with Central Pennsylvania operations reported quarterly earnings today.
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