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  • The FDA usually, but not always, follows the advice of its advisory panels. But the FDA has previously determined it may be appropriate to license biosimilars for additional conditions for which a branded product is approved, even if the biosimilar has not been tested for them. Steven Solga, head of gastroenterology at St. Luke's University Hospital in Bethlehem,...

  • NEW YORK, Feb 9- A U.S. judge said Tuesday that he would likely delay the release of a report detailing how well HSBC Holdings Plc has complied with anti-money laundering requirements until a federal appeals court could weigh in. District Judge John Gleeson in Brooklyn, New York, did not rule on whether he would put on hold his order requiring the unsealing of a...

  • WASHINGTON, Feb 9- U.S. job openings surged in December and the number of Americans voluntarily quitting work hit a nine-year high, pointing to labor market strength despite a slowdown in economic growth. said Joel Naroff, chief economist at Naroff Economic Advisors in Holland, Pennsylvania. Job openings, a measure of labor demand, increased 261,000 to a...

  • CHARLESTON, W.Va.— Alpha Natural Resources said it has received a $500 million offer from existing lenders for the potential sale of the bankrupt coal producer's core assets. Bristol, Virginia- based Alpha announced the offer in a filing Monday in U.S. Bankruptcy Court in Richmond, Virginia. The offer includes all Alpha coal assets in Pennsylvania and Wyoming; the...

  • Vishay reports 4Q loss 10 Hours Ago

    MALVERN, Pa. _ Vishay Intertechnology Inc. on Tuesday reported a fourth-quarter loss of $137.8 million, after reporting a profit in the same period a year earlier. On a per-share basis, the Malvern, Pennsylvania- based company said it had a loss of 93 cents. Three analysts surveyed by Zacks expected $560 million.

  • MALVERN, Pa. _ Liberty Property Trust on Tuesday reported a key measure of profitability in its fourth quarter. The average estimate of seven analysts surveyed by Zacks Investment Research was for funds from operations of 64 cents per share. Five analysts surveyed by Zacks expected $199.3 million.

  • YORK, Pa. _ P.H. Glatfelter Co. on Tuesday reported fourth-quarter net income of $34.3 million. The York, Pennsylvania- based company said it had net income of 78 cents per share. Glatfelter shares have dropped 17 percent since the beginning of the year.

  • Tom Wolf warned lawmakers on Tuesday that Pennsylvania's finances are a ticking time bomb amid a record-long budget gridlock, sending them a spending proposal for the coming fiscal year with no full plan in place for the fiscal year that began back in July. "This deficit isn't just a cloud hanging over Pennsylvania's long-term future. House Majority Leader...

  • *U.S. banks follow European peers lower. Feb 8- U.S. stocks dropped on Monday as concern over global growth hit banks and other economically sensitive shares, although a late rally in energy shares left the market well above its lows of the day. It is down more than 20 percent from its July 2015 high, confirming the sector is in the grip of a bear market.

  • NEW YORK, Feb 8- U.S. bank stocks and bonds took a pounding on Monday as recession fears compounded concern about their exposure to the energy sector and expectations that global interest rates are unlikely to rise quickly. I think that's what financials are reflecting- that their net interest margins are going to be further compressed under collapsing bond...

  • *U.S. banks follow European peers lower. Feb 8- U.S. stocks dropped on Monday as concern over global growth hit banks and other economically sensitive shares, but a late rally in energy shares left the market well above its lows of the day. I think that's what financials are reflecting- that their net interest margins are going to be further compressed under...

  • HARRISBURG, Pa.— Pennsylvania lawmakers returned to the Capitol on Monday with growing questions over the state government's increasingly confusing budget situation, and with no answers on how they will solve it. Tom Wolf and the Republican-controlled Legislature, a day before Wolf gives lawmakers what could be an approximately $32 billion spending plan...

  • ALBANY, N.Y.— When the emergency room fills up— whether it's a big accident, flu season or a stroke of misfortune— Brooklyn nurse Rose Green says she can find herself sprinting from room to room, trying to keep ahead of the whims of calamity. California already has such a law, and the proposal has been debated in New York for years. Hospitals and nursing homes estimate the...

  • Revaluing family treasures for the taxman Saturday, 6 Feb 2016 | 2:50 PM ET
    1954 Ferrari 375 MM

    Art, cars and collectibles passed down are often subject to estate taxes or gift taxes, but their value can be subjective, The NY Times reports.

  • Herbert Sudfeld, 64, was convicted on charges of securities fraud and making a false statement by a federal jury in Philadelphia following a four-day trial, prosecutors said. The Doylestown, Pennsylvania- resident faces a maximum sentence of 25 years in prison, according to the U.S. Attorney's Office in Philadelphia. Sudfeld was indicted in July on charges that...

  • Dennis Hamilton, a former vice president of tax at Harman, was charged in a criminal complaint filed in New Haven, Connecticut, with securities fraud in connection with trades in the company's stock that prosecutors said netted him over $130,000. The U.S. Securities and Exchange Commission brought a related civil action over the non-public information that...

  • Dennis Hamilton, a vice president of tax at Harman, was charged in a criminal complaint filed in New Haven, Connecticut, with securities fraud in connection with trades in the company's stock that prosecutors said netted him over $130,000. The U.S. Securities and Exchange Commission filed a related civil lawsuit over the non-public information that the agency...

  • ALLENTOWN, Pa.— An eastern Pennsylvania amusement park has offered to rehire a special needs employee after his co-worker took to social media to lambaste the company for firing him. Christopher Emery's mother tells The Morning Call she doesn't want her 29- year-old son to return to Dorney Park and Wildwater Kingdom because of how he was treated.

  • HOUSTON— Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. declined by 48 this week to 571.. Among major oil- and gas-producing states, Texas declined by 19 rigs, Oklahoma dropped eight, Louisiana dropped five, Pennsylvania lost three, North Dakota, Utah and Wyoming each declined by two and Ohio dropped...

  • WASHINGTON, Feb 5- U.S. employment gains slowed more than expected in January as the boost to hiring from unseasonably mild weather faded, but rising wages and an unemployment rate at an eight-year low suggested the labor market recovery remains firm. Nonfarm payrolls increased by 151,000 jobs and the unemployment rate slipped one-tenth of a percentage point...