November 17, 2014 |
The early October sell-off created buying opportunities in the industrial sector for companies such as United Technologies (UTX), Eaton Corp. (ETN), and General Electric (GE), says Hank Smith at Haverford Trust, chief investment officer overseeing $6 billion in assets. In particular, he holds and has been buying more of UTX and Eaton since those shares fell roughly 20 percent. UTX has fallen to about $101 a share, Eaton to $60, Smith says. The bear market in crude oil also presents opportunity in major integrated oil companies ExxonMobil (XOM)
October 12, 2014 |
He started his business during the financial crisis, yet Greg Lingo, founder of Cornell Homes, was able to sell the successful building company to Ryland Homes. Today, as Cornell Homes by Ryland Homes, he continues building new projects in the Philadelphia suburbs such as Reserve at Rose Tree in Media. A Delaware County native and graduate of Upper Darby High School, Lingo earned an engineering degree at Cornell University (hence the company's moniker) and an M.B.A. from Villanova.
September 15, 2014 |
One in a continuing series spotlighting real estate markets in the region's communities. Before we pull into Parkesburg on Amtrak's Keystone Service to Harrisburg, here's a trivia question: In what movie did this Chester County borough's train station play a small, but important, role? The answer: Witness (1985). It is there that Amish passengers Rachel Lapp and her son, Samuel, begin an ill-fated train trip to Philadelphia, where the boy witnesses a murder. Although the station is closed, 49,000 travelers a year park in its lot and wait on its sheltered platform for one of the 26 trains that travel daily back and forth from Harrisburg to New York City.
September 12, 2014 |
With a whir reminiscent of science-fiction movies, 15 minutes, and a well-designed model in the computer, Burlington County College's newest piece of equipment created a small, plastic machine part Wednesday morning. The school's new 3-D printer, donated by a local defense contractor, will be at the center of a workforce development program the college hopes will train students in the three-dimensional scanning and printing technologies that have gained popularity in recent years.
September 12, 2014
I'VE NEVER been a victim of domestic violence, but I've loved people who have been. I say "people" because some of the victims have been men, despite the general "Burning Bed" stereotype of the muscled brute beating the living daylights out of the 100-pound female. Violence is violence, victims are victims and abusers are abusers, regardless of gender, color, religion and affluence. This is an equal opportunity horror. I write this to point out that the sound bites we hear from a ratings-driven media do not tell the whole story about what happened between Ray and Janay Rice.
July 31, 2014 |
CHICAGO - Before he graduated in 2010 from Chestnut Hill Academy, Ibraheim Campbell learned to take advantage of every opportunity given to him. Campbell followed that creed daily, and it helped him earn a football scholarship at Northwestern. He hasn't looked back since. Campbell, one of Northwestern's key returning players, was chosen as one of the team's player representatives this week for Big Ten Football Media Days. The fifth-year senior safety is focused on getting Northwestern football back on track.
July 30, 2014 |
Football hasn't always been kind to Allen Barbre, not when it comes to finding himself in the right spot at the right time during his professional career, but it has been good enough that there is a nice, little place on the lake waiting for him in southwest Missouri. "Yeah, when I'm done, I'm going to go back home," Barbre said. There are bass in the lake and deer in the woods, if Barbre can find a tree stand sturdy enough to hold him, but those will wait, too, and he's not really in any hurry now. For once, time, place and opportunity seem to have come together for the 6-foot-4, 310-pound offensive lineman.
July 18, 2014 |
ABOUT 45 minutes before kickoff Wednesday night in Chester, Austin Berry emerged from the PPL Park tunnel and joined a circle of nine Union players kicking around a soccer ball near the sideline. When the game started, Berry found himself seated on the bench between midfielder Danny Cruz and forward Aaron Wheeler. A couple hours later, when the final whistle cemented a pivotal, 3-1 Union win, Cruz and Wheeler were on the pitch. Berry, meanwhile, once again went into the official books as an unused sub. This season has been a strange one for Berry, the 2012 MLS Rookie of the Year acquired in the preseason to stabilize Philadelphia's central defense.
June 30, 2014 |
It's not like it used to be. Dozens of traders, brokers, and market-makers descend to the basement trading floor of the old Philadelphia Stock Exchange at 1900 Market St. every working day, down from the many hundreds that shouted orders in the 1980s and '90s. At least they have cooler gear these days. PHLX , founded in 1790, was sold to the global Nasdaq OMX Group Inc. by members and investors for $652 million in 2007, as high-speed trading was turning even the frantic New York Stock Exchange floor into a quiet retreat for aging professionals.
June 24, 2014
HEY, budget watchers, there's good news and bad news. OK, I'm kidding, there's no good news. Your governor and Legislature are wandering Dante's circles of hell en route to some agreement certain to be late, contain new taxes and meet all the low expectations that Pennsylvanians learn to live with. Current status? The first circle, limbo: Nobody has a clue how it all turns out. Philly schools, pension reformers, free-market boozers and others reliant on action from Harrisburg can do nothing at this stage but wait.