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Thursday, February 22, 2018

Brywn Mawr Trust reports record earnings

Bryn Mawr Bank Corporation, parent of The Bryn Mawr Trust Company, reported net income of $6.3 million for the three months ended June 30. That compares to net income of $5.3 million for r...

Bryn Mawr banks on affluent northern Delaware market

CEO Ted Peters says Bryn Mawr Bank Corp. came out of the financial crisis “virtually unscathed.”  That accomplishment came during a period that Peters describes as the worst downturn he had ever seen in...

Waterloo Gardens closing its last store – West Chester Patch

A home and garden business that at one time owned a lawn furniture store in North Wilmington is closing its last store. Waterloo Gardens is closing its remaining store in Exton. It had earlier filed...

Hollywood Casino owner proposes $700 million gaming complex at Maryland track

The owner of the Hollywood Casino Perryville has submitted a plan to operate a $700 million gaming complex at Rosecroft Raceway in Prince George’s County, Md., 13 miles south of Washington, D.C. Penn National’s Gaming's...

Chester County: Zook joins board of pharma start-up; Knee Creations acquired

Former AstraZeneca executive Tony Zook  has joined the board of AltheRx Pharmaceuticals, a privately-held clinical development company based in Exton, Pa. Has named a former AstraZeneca executive to its board, named a new CEO...

Schramm’s mighty big drilling rig

West Chester, Pa. drilling equipment manufacturer Schramm has rolled out a rig that is on its way to a Marcellus-Utica gas location. The Schramm T500XD Telemast was shipped in eight truckloads. The rig is...

WSFS shows big increase in earnings

WSFS Financial, Wilmington,  reported sharply higher  net income of $9.7 million,  compared to net income of $7.6 million  for the fourth quarter of 2012, and net income of $6.4 million  for the first quarter...

Analysis: Frontier’s New Castle move: Will it fly?

After the excitement died down from the announcement that Frontier Airlines would fly into New Castle, we were left with the question of why the carrier chose to come to a state that has...

WSFS board changing as Weschler heads to Buffett company

WSFS Financial Corp. is reducing the size of its board with  two directors retiring  and one deciding not to run for re-election as he takes on an expanded role  at Warren Buffett's Berkshire Hathaway. Expected...

WSFS opens new office in Kennett

WSFS Bank relocated  its Kennett Square branch from the Marlborough Square Shopping Center to a new stand-alone banking office  nearby at 100 Old Forge Lane, across the street from Wawa. This location now includes safe...
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