February 2, 2013
Velcera Inc., a Yardley-based maker of over-the-counter animal health-care products, will be acquired by Perrigo Co. for $160 million in cash, or 40 cents per share. Velcera markets its products under the name FidoPharm, including its PetArmor flea and tick preventive products. Allegan, Mich.-based Perrigo said that Velcera had 2012 sales of about $60 million. Perrigo, one of the largest manufacturers of store brands of OTC pharmaceutical products and infant formulas, reported sales of $3.17 billion for its fiscal year ended June 30. Perrigo shares rose $5.49 or 5.5 percent to $106.
August 3, 2010 |
OLYPHANT, Pa. - A northeastern Pennsylvania manufacturer of CDs and DVDs plans to cut more than 300 jobs at a plant where 150 others were just laid off. Cinram Manufacturing Inc. has informed state regulators of a plan to lay off 310 employees at its facility in Olyphant, near Scranton. Those cuts would be made in December. Cinram laid off 200 employees in March 2009. An additional 150 layoffs were announced in May and took effect on Monday. --- Information from: The Times-Tribune, http://thetimes-tribune.
October 31, 2011 |
TAIPEI, Taiwan - Taiwan smartphone maker HTC Corp. says its third-quarter earnings grew 68 percent from the same period last year, with shipments reaching 13 million handsets. The company said Monday net profit for the July-September quarter amounted to New Taiwan dollars 18.7 billion ($620 million) on revenue of NT$136 billion, with Asia, particularly China, a key to growth. HTC has grown on the strength of the design of its handsets, based on Google Inc.'s Android operating system.
July 6, 2011
Every writer needs an editor, even if you scribble on Twitter about crumb coffee cake and doughnuts. Bimbo Bakeries, maker of Entenmann's products with U.S. headquarters in Horsham, learned that Tuesday after a Twitter message posted under the Entenmann's banner made a connection, at least for some, between the guilty pleasure of eating pastries and Florida mother Casey Anthony's acquittal of murdering her daughter. The Entenmann's tweet, preserved by TechCrunch, read: "Who's #notguilty about eating all the tasty treats they want?"
September 28, 1987 |
Frank T. Huryan, 63, a paint-maker and an aide to the Avalon String Band, died Thursday at his home in Lindenwold. Mr. Huryan was a paint-maker at the Lucas Division of Sherwin-Williams in Gibbsboro and was instrumental in establishing the pension program at the plant. He was a member of Local 1514 of the International Brotherhood of Painters and Allied Trades. As an aide to the Avalon String Band since its reorganization in the 1980s, Mr. Huryan assisted with activities such as fund-raising, transportation and support during the parades.
February 27, 1990 |
Martin Frankford, 77, of Northeast Philadelphia, one of the city's last remaining umbrella makers, died Saturday at Jeanes Hospital. From 1946 until 1980, Mr. Frankford owned and operated the S. Frankford & Sons Umbrella Co. at 4349 Frankford Ave. At his Frankford store, Mr. Frankford made the standard black bumbershoot, but he also made iridescent umbrellas for the Mummers, long-stem parasols for stage actresses, and umbrellas with leashes...
January 13, 1995 |
Charles A. Burns, 88, who started out as an apprentice wood pattern maker in the 1920s and became one of the founders and owners of Burns & Wohlgemuth in Kensington, died Monday at his daughter's home in Delran, N.J., where he had lived since 1991. Mr. Burns was born in Brooklyn. He and his family moved to Upper Black Eddy, in Bucks County, where he attended a one-room schoolhouse. He graduated from Philadelphia's Northeast High School in the mid-1920s. After high school, Mr. Burns became an apprentice wood pattern maker, learning the craft of making wood molds to shape items to be mass-produced, as well as the craft of building scale wood models.
May 27, 2004 |
U.S. soldiers are using so many bullets in Iraq, Afghanistan and elsewhere that the military's main ammunition-maker can't keep up with the increased demand. To help fill the gap, the U.S. Army has hired Israel's bullet-maker and Winchester Ammunition of East Alton, Ill. And the Army, which buys ammunition for all military branches, says it will seek additional production next year. The current demand for small-caliber ammunition is higher than at any time since the Vietnam War. The reason, an Army spokesman, Maj. Gary Tallman, said yesterday: "We're at war. " And there is the "Jessica Lynch effect.
December 14, 1989 |
A fade pattern is offensive football boiled down to one simple athletic imperative: Go up and get the ball. Just do it, as Bo Jackson might say. It's a jump ball in the end zone. And it's just what Cris Carter does: He goes up and gets it. Other players get the Eagles close to the goal line. Carter is the one who usually gets them across. "I tell (tight end) Keith Jackson, let him plow the field, I'll plant the seeds," Carter said yesterday. Let other guys get the big numbers, Carter is one doing the touchdown boogie in the end zone.
May 17, 1994 |
No company's stock stank more in the last two years than that of Commodore International Ltd. Now the bad news: Commodore won't be around next year to resume the top spot on The Inquirer's list of the 25 hardest-hit stocks. The West Chester personal-computer maker shut its doors last month. This is the list of companies that Wall Street shunned, a compendium of firms whose stock prices declined the most during the two-year period ending Dec. 31. They are corporate spelunkers, companies that explore the underworld of equities, where disenchanted shareholders lurk behind every eerie turn.