Posted on 4/13/17
PNC Financial Teaches Bank Investors an Important Lesson
Few things are more important when it comes to identifying a great bank to invest in than efficiency. But as a review of the most efficient . . .
Posted on 4/12/17
Does Trump Want to Break Up These 3 Big Banks?
There's a deep irony in the post-election bank stock rally: It's been fueled by hope that the Trump administration will ease regulations in the financial services . . .
Posted on 4/12/17
ALung Technologies Closes $36 Million Financing
PITTSBURGH--(BUSINESS WIRE)--ALung Technologies, Inc., the leading provider of low-flow extracorporeal carbon dioxide removal (ECCO2R) technologies for treating patients with acute respiratory failure, announced today the closing . . .
Posted on 4/11/17
PNC Financial's Bet on Technology
Investing in innovation is no longer a luxury for banks; it's a strategic imperative. With thousands of fintech companies circling the financial services industry and looking . . .
Posted on 4/11/17
Hofmann Industries Invests in Zinc Plating Facility
SINKING SPRING, Pa.--(BUSINESS WIRE)--Hofmann Industries Inc announced Monday that it has completed a major investment in its Sinking Spring, PA based Zinc Plating Facility. This investment . . .
Posted on 4/5/17
Ben Franklin to Invest $292,260 in Regional Companies
BETHLEHEM, Pa., April 05, 2017 (GLOBE NEWSWIRE) -- The Ben Franklin Technology Partners of Northeastern Pennsylvania’s (BFTP/NEP) Board of Directors has approved the investment of $292,260 . . .
Posted on 3/21/17
Vanguard Bolsters Active Management Roster with Addition of ClearBridge Investments
Vanguard announced today that ClearBridge Investments, LLC, will join its roster of world-class investment advisory firms to manage a portion of the $11.9 billion Vanguard Explorer . . .
Posted on 3/14/17
Trump's Push for Financial Deregulation May Lead to Billions in Higher Debit Card Fees
If President Donald Trump gets his way, Congress will repeal the Dodd-Frank Act, and do away with the Durbin Amendment that caps fees charged by banks . . .
Posted on 3/10/17
Ascensus Appoints Thomas Brennan as Vice President of Channel Management
PRLog -- Ascensus, the nation's largest independent retirement plan and college savings services provider, has appointed Thomas Brennan as vice president of channel management.In this role, Mr. . . .
Posted on 1/20/17
Riverview Financial Closes $17M Financing
Riverview Financial Corporation (OTCQX: RIVE) announced today that it completed the sale of approximately $17.0 million in common and preferred equity, before expenses, to accredited investors . . .
Posted on 1/14/17
Fairmount Partners Update 2016
As we begin 2017, we want to provide our friends and colleagues with a review of Fairmount Partners’ activity this past year. Nineteen Deals in 2016This . . .
Posted on 12/16/16
DCNR Announces $45 Million Investment
Department of Conservation and Natural Resources Secretary Cindy Adams Dunn today announced an investment of $45 million for 261 projects across Pennsylvania that will create new . . .
Posted on 12/5/16
TriState Capital Provides Updates on Its Chartwell Investment Partners Business
PITTSBURGH--(BUSINESS WIRE)--TriState Capital Holdings, Inc. (NASDAQ: TSC) provided updates related to its Chartwell Investment Partners business, which is expected to grow investment management revenues by more . . .
Posted on 12/5/16
Why the Latest Unemployment Data Is Such Good News for Bank of America
IMAGE SOURCE: ISTOCK/THINKSTOCK.On the first Friday of every month, the U.S. Labor Department publishes the official unemployment rate for the previous month. The latest reading was . . .
Posted on 11/30/16
PNC Is A Great $95 Bank Stock
PNC Financial Services (NYSE:PNC): Why It Was My Top Bank HoldingEarlier this year, I jumped on PNC stock when sellers were as eager to dump it . . .
Posted on 11/30/16
Kennametal National Campaign Raises $850,000 For United Way And Its Agencies
Kennametal Inc. (NYSE: KMT) announced today that it has raised $850,000 in support of the United Way and its agencies during the company's 2016 North American . . .
Posted on 11/18/16
Jobless Claims Back Down To 4-Decade Low
An economic data release isn't something you would normally get overly excited about, but Thursday morning's jobless claims report just makes you say, "Wow." For months, . . .
Posted on 11/17/16
Bank Stocks Downgraded: Is the Trump Rally Kaput?
It's now been a week since Donald Trump was elected President of the United States, and the rally in bank stocks is in full swing.So far, . . .
Posted on 11/15/16
Why Citigroup Could Benefit "Bigly" From a Donald Trump Presidency
IMAGE SOURCE: ISTOCK/THINKSTOCK.News that Donald Trump won the presidential election last week has sent bank stocks surging across the board, with the KBW Bank Index up . . .
Posted on 10/21/16
Brinker Capital Partners with Adhesion to Deliver Multi-Asset Class Investment Solutions to RIAs
BERWYN, Pa.--(BUSINESS WIRE)--Brinker Capital, a leading $18.9 billion* investment management firm focused on multi-asset class investing, today announced that it has partnered with Adhesion Wealth Advisor . . .
Posted on 10/3/16
Rex Energy Announces Re-Affirmed Borrowing Base of $190 Million
Rex Energy Corporation (Nasdaq:REXX) announced that its bank group has reaffirmed the existing $190 million borrowing base under the company’s senior secured
Posted on 9/22/16
Turner Investments Moves To New Headquarters
Turner Investments LLC, an active investment manager, today announced that its headquarters have moved to the Chesterbrook section of Berwyn, Pennsylvania. For Turner, this move will . . .
Posted on 9/8/16
Fibrocell Closes $18 Million Private Placement
EXTON, Pa., Sept. 08, 2016 (GLOBE NEWSWIRE) -- Fibrocell Science, Inc. (NASDAQ:FCSC) today reported the receipt of $18.1 million of gross proceeds from the sale of . . .
Posted on 8/10/16
Top 10 Biggest Banks in America
IMAGE SOURCE: ISTOCK/THINKSTOCK.When it comes to size, few companies can compete with the 10 biggest banks in America. These institutions are massive, with the four largest . . .
Posted on 8/10/16
PJM Board Approves $636 Million Investment in Transmission Projects
The PJM Interconnection Board has authorized more than $636 million in electric transmission projects to strengthen the grid and reduce electricity costs. The approvals include a . . .
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