June 27, 2015 |
Penn Virginia Corp., the embattled Radnor oil- and gas-exploration company whose stock price soared by nearly 23 percent Thursday amid takeover rumors, issued a press release Thursday announcing that "it did not issue a press release earlier today. " Some British media reported Thursday that Penn Virginia, whose earnings have been battered by low prices and which is under pressure from activist investor George Soros, had turned down an $8-a-share takeover offer from oil giant BP. Penn Virginia's stock price, which opened Thursday at $4.46 on the New York Stock Exchange, jumped as high as $5.58 before settling down to under $5 following its press release announcing that it had no comment on market rumors.
June 18, 2015 |
LAST SEASON, Villanova and Virginia were two of the best basketball teams in the country. Now the defending Big East champion and reigning ACC regular-season champ - who both figure to start next season ranked among the top teams - have reached a two-year agreement to play each other. The first meeting will be Dec. 19 at the John Paul Jones Arena in Charlottesville. The Cavaliers will visit Philadelphia in 2016-17, mostly likely playing at the Wells Fargo Center. UVA tied a program record with 30 wins in 2014-15.
April 25, 2015 |
'Truth and illusion. Who knows the difference, eh, toots?" That question is central to this juicy and monumental play, Edward Albee's Who's Afraid of Virginia Woolf? And, it turns out, we're all of us "toots. " Theatre Exile's production, under Joe Canuso's smart direction, of this iconic American drama is both splendid and funny and wrenching, just as it should be. A highly skilled and subtle quartet of actors makes this happen. It's 2 a.m. A middle-age couple, George (the extraordinary Pearce Bunting)
April 3, 2015
MORGANTOWN, W.Va. - West Virginia toppled the Temple women's basketball team last night, 66-58, in overtime, to end the Owls' run in the women's NIT. The Mountaineers got 22 points from Bria Holmes and 20 from Averee Fields to reach the final, where they will host UCLA, a 69-65 winner over Michigan. Lanay Montgomery finished with a game-high 24 rebounds, just two shy of tying the WNIT single-game record for West Virginia. Montgomery also managed eight blocks. Tyonna Williams led the Owls with 15 points and Tanaya Atkinson had with 10. Temple hit nine three-pointers on the night and held West Virginia to only one. "I'm proud of my team, I'm proud of the way they fought tonight in a hostile environment," Owls coach Tonya Cardoza said.
March 15, 2015 |
Marcus Paige hit two free throws with 3.9 seconds remaining to help No. 19 North Carolina stun No. 3 Virginia, 71-67, on Friday night in the Atlantic Coast Conference semifinals in Greensboro, N.C. Paige also hit a shot to beat the clock in the final minute, helping the fifth-seeded Tar Heels (24-10) hold off the top seed. Freshman Justin Jackson scored a season-high 22 points to lead the Tar Heels, who led by 13 points before all-ACC guard Malcolm Brogdon (25 points) singlehandedly brought the Cavaliers (29-3)
March 11, 2015 |
Cosby breaks no silence On Monday, Bill Cosby released a video in which he speaks excitedly on the phone about his upcoming show in Wheeling, W.Va. "You know I'll be hilarious," he says. No mention of anything else. None. Also on the site: "Hey. Hey. Hey. I'm far from finished. " 'Toy Story' wants love They're doing a Toy Story 4 ? Really???? So says Pixar prez Jim Morris to the blog Disney Latino. "It will be a love story," he said. "It will be a romantic comedy.
February 28, 2015 |
Penn Virginia Corp. shares soared Thursday after the Wall Street Journal reported that the embattled Radnor oil and gas producer is considering putting itself up for sale. Penn Virginia, a former coal producer that turned its attention to oil and gas, has been under pressure from its biggest shareholder, the investment firm Soros Fund Management L.L.C., to sell itself to maximize shareholder value. Hurt by falling oil prices, Penn Virginia reported disappointing quarterly earnings Wednesday that missed analysts' expectations.
February 27, 2015 |
Penn Virginia Corp., the Radnor oil and gas exploration company, reported an adjusted fourth quarter loss of $25.4 million, or 35 cents per share. Analysts surveyed by Bloomberg had anticipated a loss of 10.5 cents per share. The company, which reported earnings Wednesday after markets closed, reported product revenues of $101.4 million, or $51.73 per barrel of oil equivalent, compared to $141.9 million, or $67.91 per barrel a year ago. A Bloomberg consensus of 16 analysts had anticipated sales of $137.6 million.
February 19, 2015 |
Penn Virginia Corp. has joined other oil and gas exploration companies and slashed capital spending for 2015 in the face of low energy prices. The Radnor firm, whose drilling operations are concentrated in the Eagle Ford formation in Texas, announced Wednesday it plans to cut capital spending by up to 63 percent this year to $295 million to $345 million. Most of the expenditures would be incurred during the first half of the year. "During this challenging environment, we are taking a disciplined approach to deploying capital in order to achieve year-over-year production growth and maintain a relatively flat production profile throughout the year," said H. Baird Whitehead, the company's chief executive.
January 16, 2015 |
Tam Minh Le had been on the run since August - when the battered bodies of two brothers were found in the Schuylkill with their throats slit and their limbs bound with duct tape. By the time authorities searched Le's Southwest Philadelphia house and named him as a suspect in the killings, he was already on the move. For months, authorities probed his associates for information and chased leads across the country. And, officials say, even as U.S. marshals burst into Le's motel room in Virginia on Tuesday night, the alleged gang member tried one last time to slip from authorities' grasp.