GO
Loading...

Pennsylvania

More

  • AmerisourceBergen reports 1Q loss Wednesday, 28 Jan 2015 | 7:24 AM ET

    CHESTERBROOK, Pa. _ AmerisourceBergen Corp. on Wednesday reported a fiscal first-quarter loss of $199.9 million, after reporting a profit in the same period a year earlier. AmerisourceBergen expects full-year earnings in the range of $4.45 to $4.55 per share. AmerisourceBergen shares have climbed slightly more than 6 percent since the beginning of the year,...

  • Amtek tops 4Q profit forecasts Wednesday, 28 Jan 2015 | 7:21 AM ET

    BERWYN, Pa. _ Amtek Inc. on Wednesday reported fourth-quarter profit of $152 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 62 cents per share. Amtek expects full-year earnings to be $2.58 to $2.63 per share.

  • WASHINGTON— As the Federal Reserve ends its latest policy meeting Wednesday, it is widely expected to repeat the pledge it made in December: That it will be "patient" in raising interest rates from record lows. The stronger dollar makes foreign goods cheaper in the United States. The statement that Chair Janet Yellen and her colleagues will issue after the meeting...

  • BOSTON/ NEW YORK, Jan 27- A powerful blizzard struck Boston and surrounding New England on Tuesday, leaving some 4.5 million people grappling with as much as three feet of snow and coastal flooding but sparing New York City residents who had braced for a significant blast. Snow was forecast to keep falling into early Wednesday in eastern New England, possibly...

  • BOSTON/ NEW YORK, Jan 27- A powerful blizzard struck Boston and surrounding New England on Tuesday, leaving some 4.5 million people grappling with as much as three feet of snow and coastal flooding, but sparing New York City residents who had braced for a significant blast. Snow was forecast to keep falling into early Wednesday in eastern New England, possibly...

  • Customers Bancorp beats Street 4Q forecasts Tuesday, 27 Jan 2015 | 6:40 PM ET

    WYOMISSING, Pa. _ Customers Bancorp Inc. on Tuesday reported fourth-quarter net income of $13.2 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 44 cents per share. Customers Bancorp shares have declined slightly more than 1 percent since the beginning of the year.

  • *Apple, P&G, Stryker also see headwinds. NEW YORK, Jan 27- A slew of U.S. multinational companies, from DuPont to Procter& Gamble, showed that a strong U.S. dollar hurt their earnings, and several blue-chip exporters said the situation will get worse if the greenback holds its strength. The pain is hitting multiple sectors, including industrial companies such as 3 M Co,...

  • CHICAGO, Jan 27- U.S. Steel Corp on Tuesday warned that low oil prices and the strong U.S. dollar could negatively impact its business in 2015 but said the potential for U.S. higher consumer spending could help lift demand. Steel idled plants in Illinois, Indiana and Ohio, citing weak demand from the oil industry. Steel reported a fourth-quarter net profit of $275...

  • New York was spared the worst of the blizzard, but Boston was hit with more than two feet of snow. United Airlines canceled all flights through Wednesday in Boston and other New England airports, said spokeswoman Mary Ryan. JetBlue Airways had already canceled 190 flights for Wednesday, mostly in Boston and elsewhere in New England.

  • US Steel tops Street 4Q forecasts Tuesday, 27 Jan 2015 | 4:42 PM ET

    PITTSBURGH— United States Steel Corp. on Tuesday reported fourth-quarter results that topped Wall Street expectations. Earnings excluding one-time items were $1.82 per share, topping the average analyst estimate of 89 cents per share, according to Zacks Investment Research. Analysts expected a deeper decline, to $3.96 billion, according to Zacks.

  • NEW YORK— New York City lost about $200 million in economic activity in the fizzled snow storm and decision to shut down the transit system, but it wasn't a crippling loss, according to a preliminary estimate from Moody's Analytics. Evan Gold, senior vice president for Planalytics, a firm that advises companies on weather issues, estimated the economic losses for...

  • Black Box posts 3Q profit Tuesday, 27 Jan 2015 | 4:27 PM ET

    LAWRENCE, Pa. _ Black Box Corp. on Tuesday reported fiscal third-quarter net income of $5.3 million. The Lawrence, Pennsylvania- based company said it had profit of 34 cents per share. Black Box expects full-year earnings in the range of $1.65 to $1.70 per share, with revenue ranging from $991 million to $996 million.

  • BOSTON/ NEW YORK, Jan 27- A U.S. blizzard swept past New York City and struck hardest at some 4.5 million people around Boston, dropping nearly three feet of snow in areas and triggering high tides that breached a seawall and forced residents to flee their coastal homes. The snow was forecast to continue into early Wednesday morning in eastern New England, which...

  • Correction: Earns-Citizens Financial Services story Tuesday, 27 Jan 2015 | 4:03 PM ET

    MANSFIELD, Pa.— In a story about Citizens Financial Services' earnings, The Associated Press reported erroneously, in a report generated by Automated Insights using data from Zacks Investment Research, the bank's 2013 earnings per share. Citizens Financial Services posts 4th- quarter profit of $3.5 million. MANSFIELD, Pa.— Citizens Financial Services Inc. on...

  • *Apple also at risk; Microsoft shares plummet on currency concern. NEW YORK, Jan 27- A slew of U.S. multinational companies from DuPont to Microsoft Corp showed that a strong U.S. dollar is hammering their earnings, with several blue chip exporters predicting the situation will get worse if the greenback holds its strength. The pain is hitting multiple sectors...

  • "Virtually every city is grappling with this," said Tom Murphy, an urban revitalization expert and former mayor of Pittsburgh, referring to the demolitions designed to enliven dowdy business districts. No one tracks how many old parking garages are being replaced, but it's happening more frequently, said Shannon Sanders McDonald, an architecture professor at...

  • BOSTON/ NEW YORK, Jan 27- A blizzard swept across the northeastern United States on Tuesday, closing schools, cancelling thousands of flights and leaving residents in the hardest-hit parts of Massachusetts and Connecticut digging out as much as 2 feet of snow, though New York City was spared the storm's brunt. The governors of New York and New Jersey lifted travel...

  • BOSTON/ NEW YORK, Jan 27- A blizzard swept across the northeastern United States on Tuesday, dropping as much as 2 feet of snow across Massachusetts and Connecticut even as its impact on New York City fell short of dire predictions. The governors of New York and New Jersey lifted travel bans they had imposed a day earlier and New York City's subway system restarted...

  • Jan 27- After a blizzard that blanketed the northeastern United States but proved less powerful in New York City than predicted, airlines, commuter rail, bus lines and subways resumed limited operations on Tuesday. LIRR service remains suspended on the Montauk Branch east of Babylon, Greenport to Ronkonkoma, Port Jefferson Branch east of Huntington and the...

  • Multinational earnings hit hard by strong dollar Tuesday, 27 Jan 2015 | 10:31 AM ET

    The impact has crossed sectors, ranging from industrials to technology, affecting companies that garner a large portion of their sales from outside the United States. United Technologies, which gets about 62 percent of its sales from outside the United States, cut its 2015 full-year outlook due to the negative impact from the stronger dollar, sending its...