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Sunday, January 21, 2018

iBIO STOCK PRICE RETREATS AFTER EARLIER SURGE FROM GE NEWS

http://youtu.be/7INgGJY-ht4 Shares in Newark-based biotech company iBIO  were on  roll for a time. After slumping to about 70 cents a share in June, the company saw  its stock price rise to $1.46 as of  Thursday. It...

SALLIE MAE EXPANDS IN INDIANA

Sallie Mae officials announced a 200-employee expansion of its Muncie, Ind. customer service center. The nation’s largest financial services company specializing in education  will add 200 new jobs and invest as much as $5 million...

WSFS REPORTS SHARP INCREASE IN NET INCOME: STREET INSIDER

WSFS Financial  Corp., Wilmingt0n,  parent company of WSFS Bank, reported net income of $7.3 million, or $0.76 per diluted common share, for the second quarter of 2012. That  compared to net income of $6.4 million,...

SHORE BANKSHARES POSTS PROFIT IN QUARTER 2: Baltimore Citybizlist

Shore Bancshares, Inc., Easton Md.,  reported net income of $293,000  or $0.03 per diluted common share for the second quarter of 2012. This compares  to a net loss of $3 million or $0.36 per diluted...

LEGISLATION STIFFENS PENALTIES FOR EMBEZZLEMENT

Following criticism arising from penalties in high-profile cases, Gov. Jack Markell has signed legislation that stiffens sentences for embezzlement. The bill was drafted by Attorney General Beau Biden’s office and introduced by Rep. Larry Mitchell...

INDIAN RIVER POWER PLANT OWNER NRG PLANS TO COMBINE WITH TEXAS COMPANY

Indian River plant. Photo from the Delaware Department of Natural Resources and Environmental Control. NRG Energy, Inc. and GenOn Energy, Inc. announced a deal  to combine the two companies in an estimated  $1.7 billion stock...

AstraZeneca acquires Mass. company's portfolio

AstraZeneca  acquired a portfolio of   assets from Link Medicine Corporation, a privately held biopharmaceutical company based in Massachusetts. Link Medicine has focused its research and development efforts in the field of autophagy, a process...

SBA loans running at record pace in Del.

Nine months into the 2012 fiscal year, Small Business Administration lending totals in Delaware have set a new record, SBA Delaware District Director Tony Leta announced. The loans are credited with helping to create or...

Artesian meets water reliability requirements

Artesian Resources officials report the company continues to more than pass state requirements for self sufficiency in Delaware. The requirements came out of periodic water shortages in the state. The company reported it faced challenges. Strong...

Northern Trust names Delaware president

Northern Trust, a  provider of financial services for institutions, affluent individuals and families, has named Laura G. Mandel President of Northern Trust Company of Delaware, effective immediately. Mandel will relocate from Chicago to Wilmington...
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