GO
Loading...

Pennsylvania

More

  • CNB posts 4Q profit Friday, 30 Jan 2015 | 10:12 AM ET

    CLEARFIELD, Pa. _ CNB Financial Corp. on Friday reported fourth-quarter net income of $6.7 million. The bank, based in Clearfield, Pennsylvania, said it had earnings of 47 cents per share. Keywords: CNB Financial, Earnings Report.

  • Consol tops 4Q profit forecasts Friday, 30 Jan 2015 | 7:10 AM ET

    CANONSBURG, Pa.— Consol Energy Inc. on Friday reported fourth-quarter net income of $73.7 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 20 cents per share. Analysts expected $948 million, according to Zacks.

  • WASHINGTON, Jan 30- The United States has proposed analyzing genetic information from more than 1 million American volunteers as part of a new initiative to understand human disease and develop medicines targeted to an individual's genetic make-up. Of that, $130 million would go to the NIH to fund the research cohort and $70 million to NIH's National Cancer...

  • PHILADELPHIA— President Barack Obama is trying to cheer up House Democrats, urging them to keep battling for middle-class families even as they trumpet brighter news about jobs, energy production and other economic milestones. They need better messaging, not changes in policy, to win elections again, the Democrats said Thursday as they huddled in...

  • WASHINGTON, Jan 30- The U.S. economy likely grew at a brisk clip in the fourth quarter as lower gasoline prices buoyed consumer spending, in a show of resilience despite a darkening global outlook. "The consumer did the heavy lifting and I don't think there is any reason to expect that to change in the first half of this year because of the enormous tailwind from lower...

  • Unisys posts 4Q profit Thursday, 29 Jan 2015 | 6:15 PM ET

    BLUE BELL, Pa. _ Unisys Corp. on Thursday reported fourth-quarter net income of $61.8 million. The Blue Bell, Pennsylvania- based company said it had profit of $1.24 per share. Unisys shares have fallen 14 percent since the beginning of the year.

  • WASHINGTON, Jan 29- President Barack Obama will call for a 7 percent rise in U.S. domestic and military spending in his budget that would end caps known as' sequestration,' the White House said on Thursday, setting up a new source of conflict with Republicans in Congress. The White House rejects that criticism and hopes Obama can find common ground with lawmakers...

  • PHILADELPHIA— Better messaging, not changes in policy, is the key to winning elections again, House Democrats said Thursday as they huddled in Philadelphia to talk strategy. This time, they're counting on Obama's rising popularity— and fading headlines on Ebola and terrorist beheadings— to help persuade voters they'd be better off with a Congress run by...

  • US STOCKS-Wall St gains in choppy trading Thursday, 29 Jan 2015 | 2:18 PM ET

    *Alibaba shares tumble after results, Yahoo follows. NEW YORK, Jan 29- U.S. stocks were up in a volatile session on Thursday as oil futures pared their losses and strong job market data helped offset weak earnings reports from companies such as Alibaba and Qualcomm. Shares in Chinese internet giant Alibaba Group dropped 9 percent to $89.46 after revenue missed...

  • NEW YORK— Generic drugmaker Mylan said Thursday that its shareholders approved its purchase of an Abbott Laboratories business and its tax-reducing move to the Netherlands. As part of the purchase, Mylan will reorganize in the Netherlands as a company called Mylan NV, reducing its tax expenses. Mylan says Abbott will own 22 percent of Mylan NV but that it won't...

  • Labor board again accuses UPMC of anti-union tactics Thursday, 29 Jan 2015 | 12:59 PM ET

    PITTSBURGH— The National Labor Relations Board has again accused the University of Pittsburgh Medical Center of engaging in anti-union tactics. The complaint was announced Thursday by the Service Employees International Union, which has been trying for years to unionize some 3,500 non-clinical employees. But Maryanne Williams, who works as a medical...

  • *Alibaba shares tumble after results, Yahoo follows. The decline took shares of Yahoo, which said earlier this week it will spin off its Alibaba stake, down 5.9 percent to $43.72. "Alibaba is growing more slowly than thought, and it's a stock a lot of people want to own," said Kim Forrest, senior equity research analyst at Fort Pitt Capital Group in Pittsburgh.

  • Las Vegas Sands beats, still keen on Macau Thursday, 29 Jan 2015 | 10:47 AM ET
    Las Vegas Sands Corp, The Venetian.

    The casino empire's executives assured analysts Wednesday that tales of Macau's demise are unfounded.

  • Jan 29- Pennsylvania Governor Tom Wolf on Thursday signed an executive order reinstating a moratorium on new leases for oil and natural gas development in state parks and forests. Officials in Pennsylvania were not immediately available to say how much gas and oil energy companies produce from state forest and park land. Drilling for gas in the Marcellus...

  • Senate passes bill approving Keystone XL oil pipeline Thursday, 29 Jan 2015 | 10:40 AM ET

    WASHINGTON— The Republican-controlled Senate on Thursday approved a bipartisan bill to construct the Keystone XL oil pipeline, defying a presidential veto threat and setting up the first of many battles with the White House over energy and the environment. The 62-36 vote advanced a top priority of the newly empowered GOP, and marked the first time the Senate...

  • *Alibaba shares tumble after results, Yahoo follows. The decline took shares of Yahoo, which said recently it will spin off its Alibaba stake, down 8.2 percent to $42.66. "Alibaba is growing more slowly than thought, and it's a stock a lot of people want to own," said Kim Forrest, senior equity research analyst at Fort Pitt Capital Group in Pittsburgh.

  • Kennametal reports 2Q loss Thursday, 29 Jan 2015 | 10:00 AM ET

    LATROBE, Pa. _ Kennametal Inc. on Thursday reported a fiscal second-quarter loss of $388.3 million, after reporting a profit in the same period a year earlier. Kennametal expects full-year earnings in the range of $1.90 to $2.10 per share. Kennametal shares have dropped 20 percent since the beginning of the year.

  • Penn National Gaming reports 4Q loss Thursday, 29 Jan 2015 | 9:48 AM ET

    WYOMISSING, Pa. _ Penn National Gaming Inc. on Thursday reported a loss of $250.4 million in its fourth quarter. The average estimate of analysts surveyed by Zacks Investment Research was for a loss of 4 cents per share. Penn National Gaming shares have risen 14 percent since the beginning of the year.

  • HARRISBURG, Pa.— Fulfilling a campaign pledge, Gov. Tom Wolf on Thursday signed an order Thursday banning new drilling leases on public land, ending a short-lived effort by his Republican predecessor to expand the extraction of natural gas from rock buried deep beneath state parks and forests. The new Democratic governor signed the executive order before a...

  • Mohegan Sun casinos report 1Q rise in revenue, profit Thursday, 29 Jan 2015 | 9:01 AM ET

    HARTFORD, Conn.— The Mohegan Sun casinos, threatened by increasing competition and battered by the worst recession in decades and consumers reluctant to spend money in a weak recovery, delivered some good news Thursday as it reported increases in first-quarter revenue and profit. Revenue rose at the Mohegan Tribal Gaming Authority, the parent company of the...