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Monday, July 23, 2018

Updated: Delaware SBA loan volume sets record

Profound Whatever / FoterThe Small Business Administration posted record loan volume in Delaware during fiscal 2012. The figures were released by SBA Delaware District Director Tony Leta. The loans helped the state create or retain...

Sallie Mae reports profit in 3rd quarter

Sallie Mae, formally SLM Corporation posted a profit in the third quarter. The student lender is based near Newark. “The quarter further confirms the rebound of our private credit business,” said Albert L. Lord,  CEO. “While...

M&T Bank posts strong earnings in 3rd quarter

Aided by lower costs after the integration of Wilmington Trust last year, M&T  Bank Corp. reported higher earnings in the third quarter. GAAP-basis net income in the recent quarter was  $293 million, up from $183...

Markell administration seeks delay in workers comp insurance rate hike hearing

The Markell administration has asked for a delay in the early November hearing regarding a hefty increase in workers compensation insurance premiums. jef safi 'pictosophizing / FoterThe increase, if approved, could again put Delaware in jeopardy...

Delaware economic policies get high marks in Chamber report

A U.S. Chamber of Commerce report gives Delaware's economic policies high marks in a number of areas related to the economy. The third Enterprising States report said that “Delaware’s leaders have continued to implement new...

Penn National Proposes $807 million casino complex in Massachusetts/Citybizlist

Penn National Gaming, Inc., owner of the Hollywood Casino in Perryville, Md., submitted a proposal to develop an $807 million, single-phase Hollywood-branded destination casino resort in Springfield,  Mass.  to the city of Springfield and...

Manager discusses restart of refinery

The $1 billion overhaul of the Delaware City Refinery is not off the table. The  manager of  the refinery told members of the Port of Wilmington Maritime Society the overhaul of the former Valero refinery...

Sipple joins Belfint, Lyons & Shuman

Scott joined Belfint, Lyons & Shuman as a Manager in the  Accounting & Auditing department. He  will conduct financial reporting services and prepare tax returns for nonprofits and governmental clients. The firm has offices...

SBA loans in Delaware rise sharply | WDDE

A spike in small business lending  helped boost employment in the First State.A new report shows the record-breaking number of U-S Small Business Administration backed loans in Delaware for 2012 helped create or retain...

Hutchinson acquires mechanical contractor | Philadelphia Citybizlist

South-Jersey-based Hutchinson Mechanical Services has acquired Cinnaminson, N.J.-based AMS Mechanical, Inc. – a commercial and institutional HVAC mechanical services business providing service in  the Delaware Valley since 1990. Hutchinson also operates in New Castle...
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