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Top News & Analysis Pennsylvania

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  • HARRISBURG, Pa.— A former Pennsylvania hospital employee has been indicted on charges he performed flawed genetic tests on 124 late-stage cancer patients and then lied about it. Federal prosecutors in Harrisburg said Friday that 60- year-old Floyd Benko, of Palmyra, has been charged with health care fraud and making false statements. Court documents say Benko...

  • HOUSTON— Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. declined by two this week to 874.. Among major oil- and gas-producing states, New Mexico gained three rigs, Louisiana gained two and North Dakota, Ohio, Texas and Wyoming each gained one. Kansas lost four rigs, Utah declined by three, Alaska and...

  • WASHINGTON— The World Trade Organization says China broke global trade rules by failing to comply with an earlier WTO ruling and continuing to impose duties on specialty steel imports. The case dates back to 2010 when China imposed duties on a high-tech specialty steel used in power plants. Despite the ruling, China reintroduced duties on the steel in 2013. The...

  • GENEVA, July 31- China failed to comply with a World Trade Organization ruling that found its tariffs on a type of speciality steel products breached global trade rules, a WTO panel said in a ruling on Friday. The ruling noted, however, that China had stopped applying the tariffs in April, while the WTO hearings were going on, more than four and a half years after the...

  • EDINBURG, Va. _ Shenandoah Telecommunications Co. on Friday reported second-quarter earnings of $10.5 million. The telecommunications service provider in parts of Maryland, Pennsylvania, Virginia and West Virginia posted revenue of $85.7 million in the period. Shenandoah Telecom shares have climbed 2 percent since the beginning of the year.

  • CONSHOHOCKEN, Pa. _ Quaker Chemical Corp. on Thursday reported second-quarter profit of $15 million. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.06 per share. Quaker Chemical shares have decreased 13 percent since the beginning of the year.

  • ERIE, Pa. _ Erie Indemnity Co. on Thursday reported second-quarter profit of $56 million. Erie Indemnity shares have declined 10 percent since the beginning of the year. Keywords: Erie Indemnity, Earnings Report.

  • AUDUBON, Pa. _ Globus Medical Inc. on Thursday reported second-quarter profit of $24.1 million. Globus Medical expects full-year earnings to be $1.04 per share, with revenue expected to be $524 million. Globus Medical shares have increased 17 percent since the beginning of the year.

  • *Facebook, Whole Foods fall after results. *Expedia, Amgen jump in extended trade. Procter& Gamble, Facebook and Whole Foods Market all fell after quarterly reports that left investors wanting more.

  • HFF posts 2Q profit 22 Hours Ago

    PITTSBURGH _ HFF Inc. on Thursday reported second-quarter profit of $21.2 million. The Pittsburgh- based company said it had profit of 55 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.

  • KING OF PRUSSIA, Pa. _ Universal Health Services Inc. on Thursday reported second-quarter profit of $182.2 million. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $1.65 per share. Universal Health Services shares have risen 27 percent since the beginning of the year.

  • PHILADELPHIA— A news anchor said Thursday that authorities have wrongly accused her of a shady Porsche transaction in the indictment of her congressman husband. Renee Chenault-Fattah said she sold the car to a family friend for $18,000 because she and Fattah needed the money to close on a vacation home. "I know this was a legitimate sale," she wrote in a letter to...

  • PHILADELPHIA— Pregnant women are calling up the mayor, concerned they won't be able to get to the delivery room. With official information scant just eight weeks before Pope Francis makes Philadelphia the centerpiece of his U.S. trip, rumors are swirling about massive security fencing and miles of street closures. "There are serious logistical problems for...

  • *Facebook, Whole Foods fall after results. *Expedia and LinkedIn jump in extended trade. Procter& Gamble, Facebook and Whole Foods Market all fell after quarterly reports that left investors wanting more.

  • Weis posts 2Q profit 23 Hours Ago

    SUNBURY, Pa. _ Weis Markets Inc. on Thursday reported second-quarter profit of $16.4 million. On a per-share basis, the Sunbury, Pennsylvania- based company said it had net income of 61 cents. Keywords: Weis Markets, Earnings Report.

  • *Facebook, Whole Foods fall after results. Procter& Gamble, Facebook and Whole Foods Market all fell after quarterly reports that left investors wanting more. "We've been stuck in a 3- percent band since almost the beginning of the year," said Warren West, principal at Greentree Brokerage Services in Philadelphia.

  • July 30- Oil and gas producer Penn Virginia Corp had put itself on the block but received no "credible bids," Chairman Edward Cloues said on Thursday, a day after the company cut its 2015 production forecast. Penn Virginia's shares plunged 35 percent to an all-time low of $1.33, valuing the company at about $96 million. Radnor, Pennsylvania- based Penn Virginia is an...

  • West Pharmaceutical posts 2Q profit Thursday, 30 Jul 2015 | 10:40 AM ET

    EXTON, Pa. _ West Pharmaceutical Services Inc. on Thursday reported second-quarter earnings of $27.8 million. West Pharmaceutical expects full-year earnings in the range of $1.74 to $1.84 per share, with revenue in the range of $1.4 billion to $1.43 billion. Keywords: West Pharmaceutical Services, Earnings Report.

  • President Barack Obama's healthcare reform law has helped fuel adoption of these arrangements. Baltimore- based CareFirst said growth in overall medical spending slowed to a rate of 2 percent, compared with annual increases averaging 7.5 percent before the program began in 2011.. CareFirst's medical home program covers just under 1.1 million people,...

  • RAIT Financial reports 2Q results Thursday, 30 Jul 2015 | 9:51 AM ET

    PHILADELPHIA _ RAIT Financial Trust on Thursday reported a key measure of profitability in its second quarter, after reporting a loss in the same period a year earlier. The real estate investment trust, based in Philadelphia, said it had funds from operations of $11.9 million, or 15 cents per share, in the period. The company said it had net income of $19 million, or 21...