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  • Sears Grand store closing at Pittsburgh-area mall Thursday, 16 Oct 2014 | 11:24 AM ET

    TARENTUM, Pa.— Sears says it is closing its Sears Grand store at a mall near Pittsburgh, idling 97 workers there. The stories located at the Galleria at Pittsburgh Mills in Frazer Township. That's about 20 miles northeast of Pittsburgh along Route 28.

  • WRAPUP 3-Data show U.S. economy's pulse is still strong Thursday, 16 Oct 2014 | 10:59 AM ET

    *Industrial output posts biggest gain since November 2012. WASHINGTON, Oct 16- The number of Americans filing new claims for jobless benefits fell to a 14- year low last week and industrial output rose sharply in September, positive signals that could help ease fears over the economic outlook. Initial claims for state unemployment benefits dropped 23,000 to...

  • Factories in Philadelphia area grow more slowly Thursday, 16 Oct 2014 | 10:33 AM ET

    WASHINGTON— A measure of factory activity in the Philadelphia region slipped last month, but remained at a healthy level, evidence that U.S. manufacturing output is holding up despite signs of a global slowdown. The Federal Reserve Bank of Philadelphia said Thursday that its index of regional factory activity slipped to 20.7 from 22.5 in September.

  • Oct 16- Chesapeake Energy Corp said it would sell some oil and gas assets in Marcellus and Utica shale fields in West Virginia and Pennsylvania to Southwestern Energy Co for about $5.37 billion, sending its shares up 5.8 percent premarket. Southwestern, which already has assets in Fayetteville shale and northeastern Pennsylvania Marcellus, is adding acreage...

  • PPG Industries tops 3Q profit expectations Thursday, 16 Oct 2014 | 8:21 AM ET

    PITTSBURGH _ PPG Industries Inc. on Thursday reported third-quarter earnings of $371 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of $2.75 per share. Analysts expected $3.98 billion, according to Zacks.

  • SW Energy snaps up assets in Marcellus, Utica Thursday, 16 Oct 2014 | 7:43 AM ET

    HOUSTON— Southwestern Energy will spend about $5.38 billion to acquire drilling assets in West Virginia and southwest Pennsylvania now owned by Chesapeake Energy. Southwestern said Thursday that by 2017' s end it estimates the reserve mix to be approximately one third each for the Fayetteville, northeast Marcellus and the newly acquired West Virginia and...

  • Oct 16- Oil and gas producer Southwestern Energy Co said it would acquire certain oil and gas assets in Marcellus and Utica shale fields in West Virginia and southwest Pennsylvania from Chesapeake Energy Corp for about $5.37 billion. The acquired assets include 256 operated and producing wells and 179 non-operated wells. Average net daily production from...

  • GE Transportation to make Indonesia locomotives Thursday, 16 Oct 2014 | 5:52 AM ET

    The Erie Times-News reports that while orders for most North American customers are built in Texas, the locomotives to be delivered in 2015 and 2016 will be built at the company's Lawrence Park Township plant. Scott Duke, president of Local 506 of the United Electrical, Radio and Machine Workers of America, which represents about 3,200 workers at the Erie plant,...

  • West Pharmaceutical CEO to retire next year Wednesday, 15 Oct 2014 | 9:50 AM ET

    NEW YORK— West Pharmaceutical Services Inc. said Wednesday that its longtime CEO Donald Morel plans to retire in May. The company, based in Exton, Pennsylvania, said it expects third-quarter earnings of 43 cents per share, matching what analysts expected, according to FactSet. For the full year, it now expects earnings between $1.77 per share and $1.82 per share.

  • Medgenics posts 3Q loss Wednesday, 15 Oct 2014 | 8:00 AM ET

    WAYNE, Pa. _ Medgenics Inc. on Wednesday reported a loss of $3 million, or 21 cents per share, in its third quarter. Medgenics shares have dropped almost 10 percent since the beginning of the year. This story was generated by Automated Insights using data from Zacks Investment Research.

  • IGate beats Street 3Q forecasts Wednesday, 15 Oct 2014 | 7:00 AM ET

    PITTSBURGH _ IGate Corp. on Wednesday reported profit of $37.3 million in its third quarter. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 51 cents per share. Analysts expected $321.7 million, according to Zacks.

  • PNC Financial Services beats Wall Street 3Q forecasts Wednesday, 15 Oct 2014 | 6:51 AM ET

    PITTSBURGH _ PNC Financial Services Group Inc. on Wednesday reported third-quarter profit of $1.04 billion. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of $1.71 per share. Analysts expected $3.77 billion, according to Zacks.

  • Healthcare Services reports 3Q loss Tuesday, 14 Oct 2014 | 5:21 PM ET

    BENSALEM, Pa. _ Healthcare Services Group Inc. on Tuesday reported a third-quarter loss of $22.2 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 22 cents per share. Analysts expected $329.8 million, according to Zacks.

  • Too soon? How about not at all for Ebola Halloween Tuesday, 14 Oct 2014 | 12:08 PM ET

    NEW YORK— No holiday screams pop culture controversy quite like Halloween. The idea of riffing on the crisis for Halloween "definitely rubs me the wrong way," said McKenna, who works with post-surgical patients at a hospital. Like it or not, some costume sellers have leftover yellow jumpsuits, rubber gloves and masks from the "Breaking Bad" craze last Halloween.

  • That was an easy choice recently for Glenda Oakley, 31, who stayed at a Westin hotel in Charlotte, North Carolina. "I don't need extra towels... or someone else to make my bed daily," said Oakley, an Army veteran and motivational speaker from San Antonio, Texas. Also on board are an assortment of independent properties, like the Amway Grand Plaza in Grand Rapids, Michigan;...

  • Liquid nicotine exposures up sharply among kids Tuesday, 14 Oct 2014 | 2:52 AM ET

    "With kids, the exposure we're seeing is usually parents or family members leave out refill bottles that they try and open," said Ashley Webb, director of the Kentucky Regional Poison Control Center. The number of e-cigarette users has climbed to several million worldwide, and the devices have become the center of an industry that has grown in the last four years...

  • Giffords begins 9-state tour on women, guns Tuesday, 14 Oct 2014 | 2:17 AM ET

    Gabby Giffords on Tuesday urged women in Maine to help prevent stalkers and abusers from getting guns, part of a nine-state tour to advocate for tougher laws she says can protect domestic violence victims. The former Arizona congresswoman, who was severely wounded in a 2011 shooting in Tucson that killed six people, told law enforcement officials, domestic...

  • Commuter train engineers reach deal with SEPTA Monday, 13 Oct 2014 | 3:09 PM ET

    PHILADELPHIA— Engineers who operate commuter trains in the Philadelphia area reached a tentative contract with the Southeastern Pennsylvania Transportation Authority, union and transit officials said Monday, meaning passengers can continue riding the rails without fear of another strike if the pact is accepted. "This agreement keeps the trains rolling...

  • Casino woes bring deep discounts in Atlantic City Monday, 13 Oct 2014 | 1:25 PM ET

    —THE PIER SHOPS AT CAESARS: Philadelphia developer Bart Blatstein is buying the multi-level shopping and entertainment pier that juts out over the ocean for $2.8 million, according to a source with knowledge of the deal, speaking to The Associated Press on condition of anonymity because the person was not authorized to discuss it publicly.

  • Pier Shops latest Atlantic City discount sale Monday, 13 Oct 2014 | 12:31 PM ET

    The Pier Shops at Caesars is the latest Atlantic City attraction to sell at a whopping discount. A source with knowledge of the deal, speaking to The Associated Press on condition of anonymity because the person was not authorized to discuss it publicly, puts the price at $2.8 million; the shops cost $200 million to build. I see Atlantic City as an incredible buy. "