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Finance

Mar 13, 2009

DEP doles out anti-idling grants to truck industry

The state Department of Environmental Protection awarded
three grants to state air-quality groups, including Carlisle’s
Clean Air Board of Central Pennsylvania.

Mar 12, 2009

Herley earnings rise in Q2

Lancaster County-based Herley Industries Inc. late this
afternoon reported earnings of $2.2 million, or 16 cents per diluted share, for
its fiscal second quarter, which ended Feb. 1.

Mar 12, 2009

Hershey Co. buys consumer business from Barry Callebaut

The Hershey Co. bought the Van Houten consumer-chocolate
business in Asia from Switzerland-based Barry
Callebaut for an undisclosed sum, the companies today announced.

Mar 12, 2009

Bon-Ton reports Q4, fiscal ‘08 net loss; low expectations for fiscal ‘09

The Bon-Ton Stores Inc. today reported a net loss of $87.7
million, or $5.22 per diluted share, for the 2008 fourth quarter. The loss
included impairment charges of $7.39 per diluted share.

Mar 12, 2009

BLOG UPDATE: the gadget cube

Google releases Google Voice preview


Have I ever mentioned that Google is going to take over the world?


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Mar 12, 2009

Moody's: Local companies at risk of default

Several prominent midstate firms are on a new list of
companies at risk of defaulting on their debts.

Mar 12, 2009

Armstrong to idle Ala. plant, lay off 172

Armstrong World Industries Inc. plans to indefinitely idle
its commercial ceilings plant in Mobile,
Ala., on May 8 and lay off the
172 workers there, a company spokeswoman said today.

Mar 11, 2009

Johnson Controls increases equity-unit sale by $250M

Johnson Controls Inc., the Milwaukee-based manufacturer with operations in York County, today increased
the number of equity units it will sell to investors to raise an additional
$250 million for credit repayment and other general business purposes.

Mar 11, 2009

QUESTION OF THE WEEK

Do you think federal stimulus money will be distributed in
such a way that maximizes its best use? Why or why not?

Mar 11, 2009

Johnson Controls to sell $500M in securities, equity

Johnson Controls Inc., the Milwaukee-based manufacturer with
its building-efficiency segment in York
County, will sell more
than $500 million worth of securities to shore up its credit and general
operations.

Mar 11, 2009

Reuters: Herley up for sale

Lancaster County-based Herley Industries Inc. is up for
sale, Reuters reports.

Mar 11, 2009

BLOG UPDATE: the gadget cube

Apple introduces new iPod Shuffle; controls on earbud cord, talks to you


With MP3 players becoming ubiquitous at the workplace, I thought Apple's newly redesigned iPod Shuffle worth mentioning today.


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