Quantcast
Wednesday, September 30, 2020
blank

Another chapter in the Rollins business saga comes to a close

Good afternoon, Another chapter in the colorful history of the Rollins family of serial entrepreneurs came to a close with the recent death of Atlanta business titan Randall Rollins at age 88. As his obituary noted,...
blank

Billionaire family entrepreneur Randall Rollins, who got his start in Delaware, dead at...

A member of the colorful  Rollins family of entrepreneurs has died.  Rollins, Inc., a  pest services company with brands that include Orkin and Western,  announced the passing of R. Randall Rollins, the company's chairman of...
blank

Chesapeake reports higher earnings for 2nd quarter, 1st half of 2020

Dover-based Chesapeake Utilities Corp. reported higher earnings for the first quarter and first half of 2020. The company's net income for the quarter ended June 30, was $11 million compared to $8.3 million for the...
blank

Chesapeake completes purchase of Elkton Gas

Dover-based Chesapeake Utilities Corporation completed its acquisition of Elkton Gas from South Jersey Industries. Elkton Gas becomes the newest wholly-owned subsidiary of Chesapeake Utilities. Chesapeake Utilities recently announced final regulatory approval from the Maryland Public...
blank

Artesian Resources adds water systems, reports higher earnings in first half of ’20

Ban on service cut-offs affected the bottom line Artesian Resources Corporation reported higher earnings in the second quarter and first half of 2020.  Net income for the first six months ended June 30 was $8.6 million,...
blank

Delmarva makes headway in restoring service after tropical storm

Delmarva Power warned that it may take days to restore power to some customers after Tropical Storm Isaias brought high winds and flooding. The company’s Emergency Response Organization is mobilized with all company resources dedicated...
blank

Artesian buys Delaware City’s water system after managing utility for 17 years

Artesian Water Company, Inc., a subsidiary of Artesian Resources Corporation purchased the water system of Delaware City. Artesian is headquartered south of Newark. Financial terms were not immediately disclosed. This acquisition is the culmination of...
blank

Jobless payments in Delaware during pandemic total more than $770 million

$600 a week payment ends Delaware has paid out more than $770 million in unemployment compensation benefits during the pandemic period from March to the waning days of July. In its weekly report, the Delaware Department...
blank

Chemours reports profit, increased cash flow in difficult 2nd quarter

The Chemours Company, Wilmington,  remained profitable and reported increased cash flow in the second quarter. Earnings came in well above analysts' forecasts. Highlights Net Sales of $1.1 billion Net Income of $24 million. Adjusted earnings before...
blank

Maryland governor issues Covid-19 travel advisories for a few ‘high risk’...

Family events seen as a risk factor in contact tracing efforts Maryland Gov. Larry Hogan announced that the state will issue health advisories for a few "high-risk states."  He also reported that family gatherings show...