Ben Franklin approves investments
The Ben Franklin Technology Partners of Northeastern Pennsylvanias (BFTP/NEP) Board of Directors approved the investment of $393,146 in support of regional economic development. The investments are with five early-stage technology companies and two established manufacturers. rn r
Earnings up 15 percent at Air Products
LEHIGH VALLEY, Pa. (April 22, 2010) Air Products (NYSE:APD) today reported net income of $267 million, or diluted earnings per share (EPS) of $1.23, for its fiscal second quarter ended March 31, 2010. This result excludes an after-tax charge of $15 million, or $0.07 per share, for costs associated with the tender offer for the outstanding shares of Airgas, Inc.rnr
VIST raises $5.2 million through stock sale
WYOMISSING, Pa., April 23 /PRNewswire-FirstCall/ -- VIST Financial Corp. (Nasdaq: VIST) announced today that it has entered into purchase agreements which will raise $5.2 million in new capital through the issuance of 644,000 shares of common stock to two institutional investors who specialize in the banking sector, at a price of $8.00 a share.rnr
PPL power purchase could mean price drop
The Pennsylvania Public Utility Commission has approved the results of PPL Electric Utilities latest competitive power purchase for residential and small-business customers who do not choose their own generation suppliers.rnr
Grant to help Schuylkill River project
POTTSTOWNThe Schuylkill River Heritage Area (SRHA) has received a two-year, $719,000 grant from the Philadelphia-based William Penn Foundation to improve the Schuylkill River Trail and strengthen the trails economic development potential.r
Ben Franklin names Innovation Award Winners
The Ben Franklin Technology Partners of Northeastern Pennsylvania has announced the winners of the Northeastern Pennsylvania Innovation Awards. Winners will be honored at the Ben Franklin i xchange event, scheduled for 5:30 PM on Wednesday, May 12th at the Zoellner Arts Center at Lehigh University.rn r
Fulton Financial reports income of $22.4 million
Fulton Financial Corporation (NASDAQ: FULT) reported net income available to common shareholders of $22.4 million, or 13 cents per diluted share, for the first quarter ended March 31, 2010, compared to $19.3 million, or 11 cents per diluted share, for the fourth quarter of 2009.rnr
EPA awards Lehigh Valley $1 million for brownfields
BETHLEHEM April 19, 2010 Lehigh Valley Economic Development Corporations (LVEDC) commitment to the remediation of brownfield sites received an unprecedented boost Monday as the United States Environmental Protection Agency awarded a $1,000,000 grant for the assessment, cleanup and redevelopment of brownfield properties in the Lehigh Valley.rn r
VIST sells First HSA
WYOMISSING, Pa., April 19 /PRNewswire-FirstCall/ -- VIST Financial Corp. (Nasdaq: VIST) announced today it sold its 25% ownership in First HSA, LLC, Reading PA to HealthEquity, Inc., Draper, Utah. rnr