CollectionsInvestment
IN THE NEWS

Investment

FEATURED ARTICLES
BUSINESS
October 27, 2012 | By Mike Armstrong, Inquirer Staff Writer
The Nutter administration is expected to announce Friday two initiatives, including a seed-capital fund aimed at supporting the city's growing entrepreneurial community. Through the Philadelphia Industrial Development Corp., the city intends to invest up to $3 million in a new "Startup PHL Seed Fund," which would be managed by an outside professional investment firm. That money would need to be matched by private investors at least dollar for dollar, according to a request for proposals that the city intends to issue.
NEWS
December 19, 1992
To paraphrase Groucho, "Say the secret word and win . . . millions and millions of dollars. Double, triple, quadruple your money - even more. That not-so-secret word, in the transition to Clintonomics, is investment. Which is a sanitized way for Democrats to talk about (shhh!) spending, often by government or by private concerns with incentives from government. Put out some money now, reap big dividends later. At the two-day economic conference this week, various special pleaders told the president-elect what they believe the country should spend - ahem, invest in. Infrastructure, job creation, education, training, high-speed rail.
NEWS
February 11, 1990 | By Al Haas, Inquirer Automotive Writer
The average new-car buyer spends $15,395 on his or her purchase. That's a real investment. Most people only make one bigger one: when they buy a home. Obviously, most people will want that new-car investment to retain as much value as possible. They will want it to be as long-lived, trouble-free and pleasurable as possible. As economically as possible. Here are some recommmendations on how to protect that costly investment - and how not to waste your money in the process. CHECK RE-SALE VALUE.
NEWS
June 21, 1995 | By Connie Langland, INQUIRER STAFF WRITER
The ins and outs of money management preoccupied the Chester County Commissioners at their meeting yesterday. Commissioners Joseph Kenna and Andrew Dinniman agreed the county should act quickly next week to invest the proceeds of a $22.5 million loan from the Delaware Valley Regional Finance Authority. Over time, the funds will be used to finance several major projects in the county, including open-space programs, a public-safety communications system and property reassessment, according to Mark Rupsis, director of administrative services.
NEWS
September 27, 2010
TetraLogic Pharmaceuticals, a privately held Malvern company that develops small-molecule drugs to treat cancer, announced today that it has received an investment of $5 million from Pfizer Ventures. The money brings to $37 million that investors have raised to finance the company since August. The fund will be used for the clinical development a drug that mimics naturally occurring proteins that help promote cell death.    - Christopher K. Hepp
NEWS
October 13, 2010
Discovery Laboratories Inc., Warrington, said today that it will get a $500,000 investment from PharmaBio Development Inc. as Discovery continues development of treatments for respiratory diseases. PharmaBio already owned 5.6 million Discovery shares. It agreed to purchase about 2.4 million additional shares of common stock and warrants for about 1.2 million shares, Discovery said. If it exercises the warrants, PharmaBio would own about 4 percent of outstanding shares. PharmaBio is the former strategic investing subsidiary of clinical research organization Quintiles Transnational Corp.
NEWS
February 11, 1988 | By Dominic Sama, Inquirer Staff Writer
The Radnor Township commissioners have asked for more information on a state-backed investment trust before investing township funds. The commissioners Monday night tabled a resolution that would have authorized the finance director to invest in the Pennsylvania Local Government Investment Trust (PLGIT), whose rates are sometimes higher than those of a commercial bank. Despite assurances from Commissioner George M. Aman 3d that the trust "is safer than banks," Commissioner Clinton A. Stuntebeck moved that the resolution be tabled for further discussion.
NEWS
March 9, 1995 | By Andy Wallace, INQUIRER STAFF WRITER
Ralph Allen Sturdivant Sr., 47, of Cedarbrook, , founder and co-owner of a prominent North Philadelphia investment firm, died Friday while scuba diving on vacation with his wife in the Grand Cayman Islands. Mr. Sturdivant was born in Pilesgrove, N.J., and educated in Baltimore public schools. He received a bachelor's degree in chemistry from Morgan State University. He also studied at the University of Pennsylvania's Wharton School. After two years in the Army, where he attained the rank of first lieutenant, Mr. Sturdivant worked for U.S. Steel and then for Merrill Lynch, where he was an account executive.
NEWS
November 11, 2002
Westward ho! That could be the latest rallying cry for housing in Philadelphia thanks to Citizens Bank's new program in and around University City. The news couldn't be more welcome. Not only will the effort build upon the University of Pennsylvania's success in redeveloping that area, it could encourage other lenders to invest in neighborhoods with the potential to go from high-risk to highly desirable. Citizens will make available $28.5 million in grants and low-interest loans for small businesses, and for residents and community groups to buy properties and do renovations.
BUSINESS
September 12, 2012 | By Harold Brubaker, INQUIRER STAFF WRITER
Superior Group Inc., of West Conshohocken, sold two companies, Superior Tube Co. Inc. in Collegeville and Fine Tubes Ltd. in England, to the Watermill Group, a private investment company in Lexington, Mass., the buyer said. The price was not disclosed. The manufacturers' products are used in the energy, aerospace, and medical device industries. Fine Tubes employs around 380 people, according to its website. Watermill did not immediately respond to a request for more details on the Collegeville operation.
1 | 2 | 3 | 4 | 5 | Next »
ARTICLES BY DATE
NEWS
February 15, 2015 | By Erin E. Arvedlund, Inquirer Columnist
You wouldn't buy a car without negotiating, would you? Health care is the same now. Feb. 15 is the last day to sign up for a health-insurance policy and avoid a tax penalty to Uncle Sam that could total 2 percent of your income. If you don't have coverage, today's the day. If you have insurance, there are ways to save money on your medical bills. Because, let's face it, even the new insurance isn't that affordable. Silver and bronze plans under the Affordable Care Act carry median family deductibles of roughly $2,500 and $5,100, respectively, according to data from management-consulting firm McKinsey & Co. As health-care costs shift to consumers, we need to negotiate services at fair prices.
NEWS
February 8, 2015 | By Erin E. Arvedlund, Inquirer Columnist
How do you discover your personal "brand"? It emanates from your most authentic self. Branding oneself sprang into the business lexicon with management guru Tom Peters' Fast Company article, "You Are Your Brand. " Since the contract between employers and employees is broken, we all must differentiate ourselves to survive. "You don't 'belong to' any company for life, and your chief affiliation isn't to any particular 'function.' . . . Starting today, you are a brand," Peters wrote.
NEWS
February 2, 2015 | By Erin E. Arvedlund, Inquirer Columnist
How can you "monetize" the assets in your life: the idle car in the driveway, the unworn fashions, and, of course, the spare room? Imagine that you wake up one Saturday morning, roll out of bed, and step over guests still sleeping in the living room, whom you're hosting through Airbnb or Craigslist. Out of your closet, you grab a suit or a dress to rent out through a fashion-swap Internet site. Then you hop into your car to drive around all weekend as a Lyft or Uber driver. There's a word for this phenomenon: uberization , as in the "Uberization of the economy," or making money off all the stuff you've accumulated.
NEWS
January 31, 2015 | By Andrew Seidman, Inquirer Trenton Bureau
TRENTON - New Jersey's decision to invest $15 million with a venture-capital firm tied to Massachusetts Gov. Charlie Baker did not violate pay-to-play laws, even though Baker contributed $10,000 to the New Jersey GOP months earlier, the state Treasury Department's chief auditor said in a report released Thursday. The department released the report, dated Nov. 20, after a daylong meeting of the State Investment Council, which oversees the management of the $82 billion pension fund for public workers.
BUSINESS
January 27, 2015 | By Erin E. Arvedlund, Inquirer Columnist
A Broomall investment start-up has launched two new exchange-traded funds. Underpinning the investment philosophy: tax efficiency. Tax-aware investing makes a lot of sense now that capital gains taxes are so high - nearly 45 percent on short-term capital gains, when including the new Obamacare tax - and some financial planners consider them more important than estate taxes. Alpha Architect was founded by Wes Gray and Carl Kanner in 2010. As a start-up, they initially ran money privately for a billion-dollar family in 2011.
NEWS
January 26, 2015 | By Erin E. Arvedlund, Inquirer Columnist
Free tax-filing help. Yes, you read that correctly. You can get free assistance with filing your taxes, though some income and other qualifying limits may apply, depending on the program. So many readers wrote in after a recent column on crooked tax preparers that we decided to revisit the topic of getting your 2014 income-tax returns together. This filing season promises to be extra crazy because of a new wrinkle: the Affordable Care Act, also known as Obamacare. Many Americans will be subject to penalties or will have to file new forms to avoid those penalties, accountants and tax-industry experts say. IRS's VITA program.
BUSINESS
January 25, 2015 | By Joseph N. DiStefano, Inquirer Staff Writer
Americans with money to invest face tough choices: Everything looks so expensive. Take commercial real estate. Rents are rising, a little. Building sale prices have gone up, a lot. Result: While apartment-building investors in the early 2000s could count on getting back their money in 12 years (at steady rents), it's now more like 20 years, according to data from Joseph Pasquarella , Philadelphia-based managing director at Integra Realty Resources , a nationwide real estate appraisal firm.
NEWS
January 18, 2015 | By Erin E. Arvedlund, Inquirer Columnist
Middle-class parents of children with disabilities: There's a new low-cost, tax-advantaged way to save money on their behalf. Low cost is the key idea here. ABLE accounts serve a purpose similar to the special-needs trusts often set up to help disabled or special-needs children without disqualifying them from government benefits. ABLE accounts don't replace special-needs trusts. They are another option. In December, President Obama signed the Achieving a Better Life Experience (ABLE)
NEWS
January 12, 2015 | By Erin E. Arvedlund, Inquirer Columnist
With the onset of the 2015 tax-filing season, here are cautionary tales of a man and a woman whom you don't want preparing your taxes. The Department of Justice and the Internal Revenue Service highlight some of the brightest red flags among fraudulent tax preparers. These two local folks were doozies. In 2013, "Archie" - full name, Adekunle Adetayo Adeolu - was sentenced to prison and $135,519 in restitution after filing false tax returns. He operated Adeolu & Okojie, a tax-service business in Philadelphia.
BUSINESS
January 5, 2015 | By Reid Kanaley, Inquirer Columnist
Stocks did pretty well in 2014, but what about 2015? Since nobody knows, many financial experts say it's smart for investors to "rebalance" a portfolio. Here's what that is all about. Bonds, stocks , or other investments that were sleeping dogs last year may jump to the head of the pack next. In managing an IRA, 401(k), or other accounts, it's good to be ready for changes. Do that by rebalancing. The Financial Industry Regulator Authority provides an overview at its site, FINRA.org. Since rebalancing is hard for many people to understand and do, providers such as mutual fund companies offer to do it for you, if you put your money into so-called lifecycle or target-date funds.
1 | 2 | 3 | 4 | 5 | Next »
|
|
|
|
|