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,...
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...
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...
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...
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,...
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...
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...
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...
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...
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...