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
February 20, 2016 | By Jacob Adelman, Staff Writer
Iron Hill Brewery & Restaurant is teaming with a Greenwich, Conn.-based private-equity firm to expand the brewpub's regional footprint, making it the latest Philadelphia-area food and beverage chain to get a boost from a deep-pocketed benefactor with a broad geographic scope. Iron Hill received the investment from A&M Capital Opportunities to support the Wilmington-based chain's expansion into new Mid-Atlantic markets, the companies said in a statement Thursday. The investment from AMCO puts Iron Hill on a footing with La Colombe Torrefaction Inc. coffee roasters and Honeygrow fast-casual eateries in tapping private investment to take a locally developed concept to broader markets.
1 | 2 | 3 | 4 | 5 | Next »
ARTICLES BY DATE
NEWS
September 6, 2016 | By Kristen Dama and Jamie Gullen
  This Labor Day, many Pennsylvanians are shut out of the labor market despite their best efforts. Take one young mother who lives with her baby at a homeless shelter. She recently completed probation for a single misdemeanor conviction for possessing marijuana. She has been searching for a job, but can't find an employer willing to hire a young woman with a minor criminal record. She has been turned down by several employers, including a fast-food restaurant and clothing stores.
NEWS
September 1, 2016 | By Julie Shaw, STAFF WRITER
A Philadelphia bar owner and former Montgomery County stockbroker pleaded guilty Tuesday to defrauding clients - many elderly - of more than $400,000 and using their money to purchase his South Street bar, the U.S. Attorney's Office said. William Joseph Boyle, 47, of Bala Cynwyd, who owns the Boyler Room bar at 328 South St. in Queen Village, pleaded guilty before U.S. District Judge Harvey Bartle III to all charges against him - five counts of mail fraud, three counts of wire fraud, and one count each of securities fraud and investment-adviser fraud.
NEWS
August 23, 2016 | By Bonnie L. Cook, Staff Writer
Robert Scott Woodcock, 88, of Gladwyne, an investment banker and brokerage vice president, died Aug. 15, of cancer at Waverly Heights. A Gladwyne resident since 1953, he moved to the retirement community in 2012. Mr. Woodcock was born in Lansdowne to Mabelle H. and Harold Palmer Woodcock. He graduated from Marple Newtown High School and served in the Army Air Corps during World War II. He attended Lafayette College in Easton, where he took an active role in the Zeta Psi Fraternity, serving as fraternity house president his senior year.
NEWS
August 18, 2016 | By Andrew Seidman, TRENTON BUREAU
TRENTON - Gov. Christie offered his "unequivocal" support for Israel on Tuesday, signing into law legislation that prohibits the state Treasury Department from investing public employee pension funds in companies that boycott the U.S. ally. The law is a rejection of the "boycott, divestment, and sanctions" movement against Israel that Palestinians and other supporters launched a decade ago to, as the movement puts it, "pressure Israel to comply with international law. " "Unequivocal, unashamed, unapologetic support of Israel is the policy of the State of New Jersey - and should be the policy of the United States of America, and hopefully will be in the years going forward," Christie, a Republican, said at a Statehouse news conference.
BUSINESS
August 12, 2016 | By Harold Brubaker, STAFF WRITER
Accolade Inc., which contracts with self-insured employers and insurers to help beneficiaries navigate health care, on Thursday announce that it raised more than $70 million from investors led by Andreessen Horowitz, a prominent Silicon Valley venture capital firm. Founded in the Philadelphia region in 2007, Accolade now has joint headquarters in Plymouth Meeting and Seattle, where the company's new chief executive, Rajeev Singh, is based. Accolade, which employs around 500 in Plymouth Meeting, said it will use the new venture capital to further develop its technology, invest in research and development, and expand its sales and marketing reach.
NEWS
August 8, 2016
Marybeth Hagan is a writer in Merion Station The balloons have fallen and Democratic National Conventioneers went their merry ways. Yet one recurring theme of that Philadelphia political event left me uneasy. Democrats seem dead set on being the party that celebrates abortion and bills taxpayers for it. While some convention speakers spoke of abortion as "reproductive health care," others openly crowed the word. Ilyse Hogue, NARAL Pro-Choice America's president, took that verbalization one step further and talked about her abortion years ago. "I wanted a family, but it was the wrong time," Hogue said.
BUSINESS
July 28, 2016 | By Erin Arvedlund, Staff Writer
Take pension money and invest it in local projects that produce a guaranteed return, such as a toll road. That was one of the ideas suggested by former Maryland Gov. Martin O'Malley to fix the sorry state of public pensions nationally. Those in New Jersey and Pennsylvania were the nation's worst funded last year. "There are opportunities we've yet to realize, such as having our pension funds invest in local, sustainable projects with a double bottom line," said O'Malley, one of the few politicians to reverse a state's pension deficit.
NEWS
July 20, 2016 | By Olivia Exstrum, Staff Writer
Michael Donatucci was known as a man for others, a value, instilled in him through his Jesuit education, that shone through to everyone he met. "Anybody that ever met him always said he was such a gentleman," said his father, Ronald, Philadelphia's longtime register of wills. "I was blessed to know him for 31 years. " Mr. Donatucci, chief investment officer of the city's Pension Fund, took his own life Friday night, July 15. He would have turned 31 on Tuesday. He was found dead in his home by his fiancee, Meghan Klein, whom he met about 10 years ago in Margate, N.J., where the Donatucci family has a summer home.
NEWS
July 13, 2016
By Lex O. McMillan III I suspect that just about everyone has had the annoying experience of hearing someone hold forth on a subject with unshakable confidence but giving voice to pure bunk. In the heated atmosphere of our current political races, this experience is probably even more common. One of the most annoying that has been making the rounds for quite some time is the recurring refrain of a "student debt crisis. " I am probably imagining the frequency given my work as a college president, but it seems that almost daily, I read or hear someone invoke this phrase as if it were as uncontested as the sun rising in the east.
BUSINESS
July 12, 2016 | By Erin E. Arvedlund, Staff Writer
In the midst of the market uncertainty over Brexit, it's not just gold that's shining as an investment alternative these days. Silver is outperforming, as well. As gold has surged to its highest since March 2014 in recent weeks, silver is hovering around $19 an ounce, up roughly 10 percent since voters in Britain opted to leave the European Union. After hitting nearly $40 an ounce in 2011 and then crashing down to $11, silver recently broke above its January 2015 highs, a key price level.
1 | 2 | 3 | 4 | 5 | Next »
|
|
|
|
|