March 3, 2015 |
Haverford Trust's John Donaldson has prepared his client portfolios for an interest-rate hike - but he doesn't think it's going to be severe, or happen any time soon. "Rates are still very low by historical measures. We feel fairly confident the Fed is not going to do a repeat of the 2004-2006 years with 17 meetings of increases. That's not going to happen," says Donaldson, Radnor-based director of fixed income. "But it's reasonable to go from zero to 1 percent," he says, perhaps even by next year, at which point the central bank could pause and consider the effect of the rate hikes.
February 22, 2015 |
Local public-access cable TV might be falling out of favor elsewhere in the country, but four months after the station serving Lower Merion Township and Narberth went dark, three groups are vying to revive it. George Strimel, who runs the public station in neighboring Radnor Township, has offered to take over Lower Merion's operation, not to be confused with the channels that carry public meetings. The Lower Merion Historical Society also is making a pitch, as is a King of Prussia group.
February 21, 2015 |
WASHINGTON - Philadelphia District Attorney Seth Williams hinted at a potential bid for U.S. Senate next year, as his party seeks a nominee to take on the incumbent, Republican Pat Toomey. "Anytime people talk about that, it's something you have to consider," Williams said Thursday in a telephone interview. He stressed that he is focused on his current job, but said being a senator might give him more chances to make an impact statewide. Supporting early childhood education or after-school programs, he said, "would really do a great job with helping us prevent crime.
February 7, 2015 |
Evander Kane, the speedy but enigmatic Winnipeg left winger who has drawn trade attention from the Flyers in recent seasons, could be on the block after his latest controversy with the Jets. If healthy, the 6-foot-2, 198-pound Kane would fit nicely on the Flyers' top line, alongside all-stars Claude Giroux and Jake Voracek. He was placed on the injured reserve list Thursday and will miss at least the next two games with an undisclosed injury. On Tuesday in a 3-2 overtime loss to Vancouver, Kane was a healthy scratch because he wore a track suit to a team meeting instead of a suit, a violation of the club's dress code, according to the Winnipeg Free Press.
February 6, 2015 |
LAST WEEK, the good folks at Baseball Prospectus shared their preliminary preseason calculations with the rest of the world, forecasting the final standings for the 2015 regular season. The Phillies, not surprisingly, will finish in last place in the National League East, according to the website. It has Ryne Sandberg's rebuilding Phils in line for a 70-92 season, bad enough for the worst record in all of baseball. So please temper your excitement that Phillies pitchers and catchers will hold their first official workout in Clearwater, Fla., 2 weeks from today.
January 31, 2015 |
ATLANTIC CITY - The head of Hard Rock International, a company owned by the Seminole tribe of Florida, said Thursday that his company remains interested in Atlantic City and has had "unofficial conversations" with Glenn Straub, the anticipated incoming owner of the closed Revel Casino. Appearing before the Casino Control Commission, where the company took steps to fast-track a state gaming license, CEO James Allen said Hard Rock was still tempted by the beleaguered Atlantic City market.
January 22, 2015 |
John Armano was hired to defend Washington Township in its legal matters. But when the role was reversed - and Armano became a defendant of sorts - he did not appear. In a peculiar, courtroom-like setting in the municipal building Wednesday night, the Township Council voted to remove the solicitor from his post halfway through his contract, due to an alleged conflict of interest and a "fundamental breakdown" in the client-attorney relationship. All the while, a seat for the lawyer sat empty.
January 9, 2015 |
Tony Wroten just might be a hot commodity. The 76ers acquired guard Jared Cunningham and cash Wednesday in a trade with the Los Angeles Clippers. The team did not send a player in return and immediately released Cunningham. However, the Orange County Register reported that the Clippers did inquire about Wroten, the Sixers' leading scorer. They were just preliminary discussions, expressing interest, according to the report. "Whatever happens, happens," Wroten said Wednesday before the game against the Milwaukee Bucks at the Wells Fargo Center.
January 6, 2015 |
For most NFL teams, the draft is the great reveal. It's the one occasion that an organization tells everyone what its decision-makers are actually thinking. The months of scouting; the sleepless nights poring over reports and statistics and eyewitness evaluations; the preparation for that three-day, seven-round extravaganza - all of it comes with an implicit message from the franchise: We have expended an exorbitant amount of time and energy in choosing which players can help us, both immediately and for a long time to come.
December 11, 2014 |
SAN DIEGO - Two more starting pitchers found new homes during the day Tuesday, but Jon Lester's indecision until signing a late-night agreement with the Chicago Cubs stalled much of the action at baseball's winter meetings. The Phillies, of course, have a vested interest in where the lefthander signs; a possible consolation prize for a jilted team is Cole Hamels. So Phillies general manager Ruben Amaro Jr. continued conversations on other manners. He met with Baltimore officials to discuss a potential Marlon Byrd trade, according to a Foxsports.com report.