Waddell & Reed Financial Inc., a Kansas-based firm with offices in the Harrisburg and York areas, is organizing two events this week to support U.S. troops serving overseas.

Community Banks Inc. today reported second-quarter earnings of $11 million, up from $10.5 million in the same period of 2006.

Fulton Financial Corp. is cutting between 90 and 130 jobs across its multi-state franchise.

Commerce Bank/Harrisburg promoted Rory G. Ritrievi to oversee all of its services and new-business development, effectively making him the second-ranking executive at the company.

The Legacy Bank name did not last through the ages.

Number of the Week; Regulatory Update: Measures to Watch;

It is unfortunate that lawyers compare their interest in a serious situation to a poker game (“Law firms scramble to handle Sterling Financial lawsuits,” June 15 Business Journal).

Susquehanna Bancshares Inc. made changes to its investment portfolio.

Buffalo, N.Y.-based M&T Bank today reported earnings of $214.2 million for the second quarter, up 0.8 percent from its year-ago quarter.

Weis Markets Inc. declared a quarterly cash dividend of 29 cents per share, according to the company.

Hales & Company Inc., a New York investment banking firm that specializes in the insurance sector, has acquired Harrisburg-based WFG Capital Advisors. Terms of the deal were not disclosed.

East Pennsboro Township-based Rite Aid Corp. declared a cash dividend of 87.5 cents per share on its series E preferred stock and 34.4 cents per share on its series I preferred stock, according to the Cumberland County company.

The Bright Side Opportunities Center in Lancaster was hopping on a recent Thursday morning.

An insurance agency based in Shippensburg has a new owner.

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