Finance

Casey to AIG: Fire those who keep bonuses

The insurance conglomerate AIG should fire executives who do
not forgo their bonus payments, Sen. Robert P. Casey Jr. said.

Chamber electricity pool would save companies thousands

If West Shore Chamber of Commerce members band together in a
buying block for electricity, each company could save tens of thousands of dollars
a year, said John Bodine, vice president of business development from
Pittsburgh-based consulting and aggregation company OnDemand Energy Solutions.

BLOG UPDATE: the gadget cube

Everybody's on Facebook. Even the N.J. governor.

So now everybody and your mom are on Facebook.

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Dividend cut buffers Fulton against loan trouble, analysts say

Fulton Financial Corp.’s decision to cut its dividend by 80
percent yesterday was not unexpected and should help the Lancaster bank weather
the deterioration of its loan portfolio, analysts said.

Regulators OK Graystone-Tower merger

Graystone Financial Corp. and Tower Bancorp Inc. have
cleared the last hurdle to their proposed merger.

Fulton slashes dividend 80 percent

Fulton Financial Corp. slashed its dividend from 15 cents to
3 cents per common share today, an 80 percent cut.

Johnson Controls sells $828.3M in securities, equity units

Johnson Controls Inc. today announced it raised about $828.3
million through the sale of securities and equity units to investors. The
Milwaukee-based manufacturer has operations in York County.

BLOG UPDATE: the gadget cube

Peek offers deal for small businesses

The most over-hyped gadget that I'll never understand why anyone would buy has introduced a small-business package.

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West Shore chamber to meet on electricity-buying pool

The West Shore Chamber of Commerce will hold an
informational meeting tomorrow on a statewide program to pool buying power for
electricity.

Rally picks up local stocks

The rally that began on the stock markets last week
continues pushing up stocks of interest to the midstate today, with several
outpacing the major averages over the last five days.

Trade reps to meet with businesspeople

Trade representatives who advocate for Pennsylvania
companies overseas will hold one-on-one meetings with local businesspeople March
25 at the Hershey Center for Applied Research in Derry Township.

State unveils final list of transportation stimulus projects

PennDOT Secretary Allen D. Biehler today unveiled the final
list of road and bridge projects that will get under way in the next six months
as part of the American Recovery and Reinvestment Act, the $787 billion
stimulus package President Barack Obama signed into law last month.