November 9, 2011
In the Region Report: Teva may cut 1,000 Cephalon jobs An Israeli media report said Teva Pharmaceutical Industries Ltd. could fire 1,000 workers in the United States and Europe in the wake of its acquisition of Cephalon Inc. , which is based in Frazer, Chester County. Teva's $8.6 billion deal for Cephalon closed in October. Responding to the report, Teva spokeswoman Denise Bradley said the integration of the two companies had only recently begun and would include employee cutbacks.
July 22, 2011
I'M SUPER-elated that QVC dropped "Hanoi Jane" Fonda last weekend. Fonda snuggled up with the VC during the Vietnam War. She was going to be boycotted if she was going to promote her book. I say hoorah! for QVC in kicking her off. George J. Walton, Upper Darby In two weeks, the National Association of Black Journalists will hold its annual convention in the City of Brotherly Love. And, by the grace of St. Katharine Drexel in Camden, N.J., love is in the air. Wayne E. Williams Camden
June 9, 2011 |
Peter J.R. Sena, 78, of West Chester, a former newspaper editor, pharmaceutical company executive, and church volunteer, died of heart and kidney failure Saturday, June 4, at Chester County Hospital. Mr. Sena grew up in Cheltenham, graduated from Northeast Catholic High School, and earned a bachelor's degree in journalism from the University of Pennsylvania in 1954. He served in the Army and was stationed in Fort Jackson, S.C. After his discharge, he joined the Burlington County Times.
June 3, 2011 |
WHEN TATTLE met QVC host Lisa Robertson last year for a story that unfortunately never got into the paper, she said one of the best parts of her job was getting to go to Italy. It's that time of year again for Lisa, who will be selling Vicenza Style, fine Italian jewelry, live from Villa Arvedi in Grezzana, starting tonight at 9. Lisa, one of the most recognizable faces at QVC, came to the shopping network 16 years and hundreds of hairdos ago. She had done pageants growing up in the South, but never prepared for such a career.
February 15, 2011 |
NEW YORK - QVC has become a fashion force to be reckoned with - so much so that the Chester County-based company hosted a celebrity-studded New York Fashion Week party and on-air telecast Friday night, complete with the Kardashian sisters. "I think the best part of the collaboration with QVC is the energy and thrill we get from connecting with people when you are selling live on the air," said Kourtney Kardashian, who, with her sisters, debuted in September a women's sportswear line called K-Dash.
November 12, 2010 |
Someone in the household of Robert Stinson Jr., who was criminally charged a week ago in connection with an alleged $17 million Ponzi scheme, was an avid customer of QVC and HSN. Federal authorities found dozens of boxes from the TV home-shopping channels this week, many of them unopened, when they secured furnishings and other items in the Berwyn house where Stinson lives. Even more boxes from the shopping channels were found in a self-storage facility registered to Stinson's wife, Susan.
October 1, 2010
QVC Inc., West Chester, said it began live broadcasting today in Italy, adding an estimated 18 million homes to its potential audience of 200 million homes worldwide. The first product offerd by QVC Italy was a Bare Escentuals makeup kit costing 38 euros - about $51. Italian operations are from new studios in Milan, the home-shopping network said. It also has foreign operations in the United Kingdom, Germany and Japan. - Reid Kanaley
September 3, 2010
QVC has refinanced its credit facility with a new revolving line of credit of as much as $2 billion. The West Chester-based home-shopping channel, which is owned by Liberty Media Corp. of Englewood, Colo., immediately drew $1.83 billion at closing, Liberty Media said Thursday in a release. The new maturity date of 2015 replaces the credit facilities that were to expire between 2011 and 2014, while reducing the weighted average rate. "The new facilities enhance QVC's credit profile and further strengthen its balance sheet by providing additional financial flexibility and liquidity," said Greg Maffei, president and CEO of Liberty.
August 6, 2010 |
ALREADY AN actress, author, businesswoman and charity organizer, Priscilla Presley is adding another line to her impressive resumé: jewelry designer. The ageless grandmother, who's now having a great time with Lisa Marie 's toddlers, will be on QVC Monday morning at 9 with host Jacque Gonzales , debuting the Priscilla Presley Collection, her own line of bracelets, necklaces, earrings, rings and more, inspired by her own life and rock 'n' roll. The fashion jewelry pieces will sell from about $35 to $170.
June 24, 2010
Gregory B. Maffei, the chief executive of home-shopping channel QVC's parent company, earned a whopping $87.5 million in 2009, but he won't get to cash in most of it until 2013. That's because Maffei, who heads the $10.2 billion Denver-based Liberty Media Corp., snagged most of that pay as part of a retention plan to keep him at the helm through 2014. He can't get the money unless he stays. On Dec. 17, the board granted him options to buy nearly 11 million shares of various types of company stock, a grant worth $79.3 million.