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  • NEW YORK, Feb 27- The S&P 500 posted its best monthly gain since October 2011 on Friday, but U.S. stocks ended lower for the day as U.S. economic growth slowed more sharply than initially thought in the fourth quarter. The S&P 500 gained 5.5 percent for the month, while the Nasdaq rose 7.1 percent, its best monthly performance since January 2012. That maybe set a tone for...

  • PHILADELPHIA— Internet activists took an aerial jab at Comcast to celebrate new government rules affecting the Philadelphia- based corporation. A plane towed a banner past company headquarters that said, " Comcast: Don't Mess With the Internet." The Federal Communications Commission voted Thursday to impose strict regulations on Internet service providers...

  • NEW YORK, Feb 27- U.S. stocks edged down late in Friday's session on the last trading day of February, led by technology stocks, but oil prices rebounded for their first monthly gain since June. European shares broke multi-year records ahead of the European Central Bank's planned moves to stimulate growth. The Nasdaq was the weakest of the three major U.S. indexes,...

  • NEW YORK, Feb 27- U.S. stocks dipped Friday afternoon as data showed U.S. economic growth slowed more sharply than initially thought in the fourth quarter, though the Dow and S&P 500 were on track for their best monthly performance since October 2011. "That maybe set a tone for the market that wasn't wildly ebullient," said Mark Luschini, chief investment strategist...

  • NEW YORK, Feb 27- Wall Street stocks fell slightly on the last trading day of February as weak U.S. growth data made investors cautious, while European shares broke multi-year records ahead of the European Central Bank's injection next month of 60 billion euros to spur growth. On Wall Street, the Dow Jones industrial average was down 35.93 points, or 0.20 percent, at...

  • *J.C. Penney tumbles after earnings. NEW YORK, Feb 27- U.S. stocks were little changed on Friday, as a mixed batch of economic data provided investors with little incentive to push equities to new records. I would argue it is still on solid footing, it is just we are in a bit of an ebb and the market is kind of ebbing with it a little bit, "said Bill Stone, chief investment...

  • "Introducing that new generation, that younger generation to the flower show is something that we want to do," said Drew Becher, president of the Pennsylvania Horticultural Society, which sponsors the show. Children and adults alike will surely recognize the large orange clownfish in the exhibit by J. Downend Landscaping of Ridley Park, in the Philadelphia...

  • Andrew Hyland, scientific principal investigator on the study and chair of the department of health behavior at Roswell Park Cancer Institute, said they may be transitioning away from cigarettes, or they may be becoming more entrenched. "We were struck by the proportion of users that engaged in polyuse," Mitch Zeller, head of the Food and Drug Administration's...

  • PHILADELPHIA— About 500 passengers are stranded without power or heat after overhead electrical wires fell on their suburban Philadelphia commuter train. A SEPTA spokeswoman says the Warminster Line train became disabled around 8:12 a.m. Thursday just south of the Roslyn station, about 12 miles north of Philadelphia. Redfern says the agency is...

  • US town pursues museum honoring Maurice Sendak Wednesday, 25 Feb 2015 | 12:55 PM ET

    HARTFORD, Conn.— Three years after Maurice Sendak's death, his western Connecticut hometown of Ridgefield is pursuing a museum honoring the author of "Where the Wild Things Are." The 45- acre campus of the energy services company Schlumberger, including the proposed museum site, was acquired by Ridgefield in 2012 for $7 million. Sendak, who died in May 2012 at the age...

  • Independence Realty Trust reports 4Q results Wednesday, 25 Feb 2015 | 9:03 AM ET

    PHILADELPHIA _ Independence Realty Trust Inc. on Wednesday reported a key measure of profitability in its fourth quarter. The Philadelphia- based real estate investment trust said it had funds from operations of $4.7 million, or 17 cents per share, in the period. The company said it had net income of $189,000, or 1 cent per share.

  • WASHINGTON, Feb 24- Three regional Federal Reserve banks in January repeated an unsuccessful push to have the U.S. central bank increase the interest rate charged to commercial banks for emergency loans, according to minutes from Fed board meetings released on Tuesday. Ahead of the Fed's Jan. 27-28 policy-setting meeting, directors of the Philadelphia, Kansas...

  • RAIT Financial reports 4Q results Tuesday, 24 Feb 2015 | 11:58 AM ET

    PHILADELPHIA _ RAIT Financial Trust on Tuesday reported a key measure of profitability in its fourth quarter, after reporting a loss in the same period a year earlier. The Philadelphia- based real estate investment trust said it had funds from operations of $21 million, or 26 cents per share, in the period. The company said it had net income of $255 million, or $3.11...

  • Comcast meets 4Q profit forecasts Tuesday, 24 Feb 2015 | 11:58 AM ET

    PHILADELPHIA _ Comcast Corp. on Tuesday reported fourth-quarter earnings of $1.93 billion. The average estimate of analysts surveyed by Zacks Investment Research was also for earnings of 77 cents per share. Comcast shares have climbed slightly since the beginning of the year, while the Standard& Poor's 500 index has climbed 2.5 percent.

  • Feb 23- Comcast Corp and Time Warner Cable Inc have been sued for $20 billion for allegedly discriminating against African American-owned media and employing advocates such as the NAACP and the Rev. According to the complaint, Comcast entered into "memoranda of understanding" with Sharpton, the NAACP and other advocacy groups to provide large cash "donations"...

  • The union said its per-meal cost came in at $1.22 compared with $1.28 for Aramark, saving taxpayers $2.9 million a year. The Department of Rehabilitation and Correction has recommended renewing Aramark's contract, saying it has saved taxpayers more than expected and had relatively few problems. The prisons agency last year levied $272,000 in fines on...

  • MOORESTOWN, N.J.— An employee of an armed security company opened fire on a co-worker inside the business Monday morning before fatally shooting himself outside, police said. The surviving victim was shot four times, and was listed in critical condition at Cooper Hospital in Camden, Moorestown police Lt. The office is located in a business park and is less than a...

  • PENNSAUKEN, N.J.— A tanker truck carrying nearly 9,000 gallons of fuel caught fire Monday on a major highway in southern New Jersey, spewing thick, black smoke into the sky. The fire broke out shortly after 11 a.m., when the truck overturned on the Route 90 on-ramp to Route 130 in Pennsauken, authorities said. The smoke could be seen 5 miles away, in downtown Philadelphia.

  • The projection comes from a previously unreported analysis by the Department of Transportation that reviewed the risks of moving vast quantities of both fuels across the nation and through major cities. The study completed last July took on new relevance this week after a train loaded with crude derailed in West Virginia, sparked a spectacular fire and...

  • With the same winter chill boosting demand for home heating, U.S. heating oil futures jumped 6 percent as refineries, including the region's largest in Philadelphia, curtailed production, threatening a supply squeeze. Delta Air Lines Inc's 185,000- barrel-per-day refinery in Trainer, Pennsylvania, appeared to be hit hardest. Intelligence group Genscape...