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Top News & Analysis Pennsylvania

  • NEW YORK, Nov 14- Bond Collective, which provides shared workspace for startups, said on Tuesday an investor pledged $50 million to help it expand beyond New York with plans to build 30 sites in three years and it announced the formation of a fund to buy property in trendy big city neighborhoods. An unnamed investor from a family with real estate holdings in...

  • NEW YORK— The outlook for next year from Dick's Sporting Goods overshadowed a strong quarter and pushed shares down sharply in early trading Tuesday. Earnings, adjusted for pretax gains, were 30 cents per share, which topped Wall Street expectations by four cents, according to a survey by Zacks Investment Research. Analysts surveyed by Zacks had forecast...

  • DEVON, Pa. _ Zynerba Pharmaceuticals Inc. on Tuesday reported a loss of $8.3 million in its third quarter. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 59 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.

  • PHILADELPHIA _ Aramark Holdings Corp. on Tuesday reported fiscal fourth-quarter net income of $113.1 million. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of 56 cents per share. Aramark expects full-year earnings in the range of $2.10 to $2.20 per share.

  • RADNOR, Pa. _ J.G. Wentworth Co. on Tuesday reported a loss of $2.3 million in its third quarter. On a per-share basis, the Radnor, Pennsylvania- based company said it had a loss of 15 cents. This story was generated by Automated Insights using data from Zacks Investment Research.

  • PHILADELPHIA— Two maintenance workers who were struck and killed by a speeding Amtrak train near Philadelphia last year were the victims of a lax safety culture that had permeated the government-owned railroad, federal investigators said Tuesday. The National Transportation Safety Board seized on the April 2016 crash in Chester, Pennsylvania, as the...

  • Nov 13- PokerStars owner Stars Group Inc could raise up to $2.50 billion to fund acquisitions if needed, Chief Executive Rafael Ashkenazi said in an interview on Monday. Ashkenazi took over reins of the online gaming and betting company last year following David Baazov's departure after being charged with insider trading. Stars Group has about $255 million of...

  • Nov 13- PokerStars owner Stars Group Inc is looking to raise up to $2.50 billion to fund acquisitions, Chief Executive Rafael Ashkenazi said in an interview on Monday. Ashkenazi took over reins of the online gaming and betting company last year following David Baazov's departure after being charged with insider trading. Stars Group has about $255 million of...

  • LAUSANNE, Switzerland _ AC Immune SA on Monday reported a loss of $9.1 million in its third quarter. On a per-share basis, the Lausanne, Switzerland- based company said it had a loss of 16 cents. AC Immune shares have dropped 12 percent since the beginning of the year.

  • EXTON, Pa. _ Fibrocell Science Inc. on Monday reported a loss of $115,000 in its third quarter. On a per-share basis, the Exton, Pennsylvania- based company said it had a loss of 2 cents. This story was generated by Automated Insights using data from Zacks Investment Research.

  • WASHINGTON— Senate Republicans have run into a problem with their proposed tax cuts: Under Senate rules, the cuts would expire after 10 years. "We have identified this consistently as one of the fundamental principles of tax reform," said Jared Walczak, a senior policy analyst at the conservative Tax Foundation. Enacting permanent tax cuts that that would raise...

  • Among major oil- and gas-producing states, Oklahoma gained six rigs, New Mexico increased by four and Alaska and Utah each gained one. Texas lost two rigs and West Virginia decreased by one. Arkansas, California, Colorado, Louisiana, North Dakota, Ohio, Pennsylvania and Wyoming were unchanged.

  • RADNOR, Pa. _ Actua Corp. on Thursday reported a loss of $6.5 million in its third quarter. On a per-share basis, the Radnor, Pennsylvania- based company said it had a loss of 21 cents. Actua shares have increased 11 percent since the beginning of the year.

  • FORT WASHINGTON, Pa. _ Walter Investment Management Corp. on Thursday reported a loss of $124.1 million in its third quarter. On a per-share basis, the Fort Washington, Pennsylvania- based company said it had a loss of $3.38. This story was generated by Automated Insights using data from Zacks Investment Research.

  • PHILADELPHIA _ FS Investment Corp. on Thursday reported third-quarter profit of $85.4 million. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 19 cents per share. FS Investment shares have fallen 24 percent since the beginning of the year.

  • NORTH HUNTINGDON, Pa. _ The ExOne Co. on Thursday reported a loss of $4.9 million in its third quarter. The North Huntingdon, Pennsylvania- based company said it had a loss of 30 cents per share. ExOne shares have risen 7 percent since the beginning of the year.

  • SAN JUAN, Puerto Rico— The disaster wrought by Hurricane Maria has set off an anguished debate across Puerto Rico, where friends, family and co-workers are arguing fiercely over the morality of leaving the blacked-out island for the U.S. mainland versus fulfilling a patriotic duty to rebuild. The Federal Emergency Management Agency said it has offered to help...

  • MALVERN, Pa. _ Recro Pharma Inc. on Thursday reported a loss of $9.1 million in its third quarter. Recro Pharma expects full-year revenue in the range of $60 million to $65 million. Recro Pharma shares have climbed 5 percent since the beginning of the year.

  • CHARLESTON, W.Va.— West Virginia officials announced an agreement on Thursday with China Energy Investment Corp. Ltd. for the company to invest $83.7 billion in shale gas development and chemical manufacturing in West Virginia over 20 years. State Commerce Secretary Woody Thrasher and China Energy President Ling Wen signed the memorandum in Beijing as...

  • PITTSBURGH _ Koppers Holdings Inc. on Thursday reported third-quarter net income of $19.8 million. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 88 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.