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Wednesday, January 3, 2018

Axalta shares fall 16 percent after merger talks end

Shares of Axalta Coating Systems fell more than 16 percent after news that merger discussions went nowhere.  Axalta confirmed that its previously announced discussions regarding it being acquired by Nippon Paint have ended.   AkzoNobel...

WSFS CEO apologizes for Black Friday direct deposit glitch

The CEO of WSFS  issued an apology to customers after a Black Friday glitch led to a delay in customers getting paychecks deposited into their accounts. The apology from Mark Turner stated that a technical...

TransPerfect custodian praises employees in letter announcing pending sale to Shawe

A letter to TransPerfect employees announcing the sale to co-founder Philip Shawe has been released. In the letter company custodian, Robert Pincus was generous in his praise  for employees of the New York company. See letter...

Former DuPont business Axalta confirms talks with Japanese company

Axalta Coating Systems a  global paint and coatings company sold by DuPont,  confirmed it is in talks with a Japanese paint company. “Axalta today confirmed that it is engaged in discussions with Nippon Paint regarding...

State says it works with Feds to keep an eye on LLCs used in...

The Director of the Delaware Division of Corporations is working to identify corporate shell entities tied to illegal activity, such as money laundering. Delaware LLCs have been mentioned in  coverage of drug cartels and most...

Comcast moves voting on NBC’s The Voice to a voice remote

Comcast and NBC  announced Xfinity X1 customers will be able to use their voice remote to cast votes for their favorite artist on The Voice. Available today on X1 as the live shows begin, the...

Four Delaware companies honored for female representation on boards

Four  Delaware companies have been honored for their board diversity by the  The Forum of Executive Women.  The award recognizes public companies in the Philadelphia region with  25 percent or more women on their boards of...

DuPont activist shareholder Peltz claims victory in battle for P&G board seat

Nelson Peltz is declaring victory in his battle for a seat on the board of consumer products giant Procter & Gamble Peltz’s Trian Fund Management, L.P. owns stock, valued at $3.5 billion in the consumer...

Chemours cited for reported GenX discharge at North Carolina site

The North Carolina  Department of Environmental Quality has cited Chemours with violating the conditions of its wastewater discharge permit because the company failed to report an Oct. 6 chemical spill at its Fayetteville Works. Wilmington-based...

Hundreds rally against current alternative fuels process

A rally was held on Monday calling for changes in the Renewable Fuel Standard and the RINs that have to be purchased by refineries. On hand was Delaware Gov. John Carney,  local union officials and...
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