Posted on 2/20/20
Offit Kurman Telebriefs: New DOL Salary Threshold, Minimum Wage Increases in NJ and MD, and More
hkurman@offitkurman.com On January 1st, 2020, the Department of Labor’s new salary exemption test took effect. The rule increases the salary required to meet the exemption test . . .
Posted on 2/20/20
Schwarzkopf Partners With TerraCycle
Schwarzkopf, a global leader in hair care solutions and brand of Henkel, has partnered with international recycling leader TerraCycle to make their retail hair care, color and . . .
Posted on 2/20/20
Penn National Gaming Completes Acquisition of 36% Interest in Barstool Sports for $163 Million
Penn National Gaming, Inc. (PENN: Nasdaq) today completed its previously announced acquisition of a 36% interest in Barstool Sports, Inc.
Posted on 2/20/20
DuPont Great Stuff Earns Top Accolades for Best Advertising Campaign
WILMINGTON, Del.--(BUSINESS WIRE)--DuPont Great Stuff has been named the winner of two Hanley Wood 2019 Brand Builder Awards, earning the industry’s highest honors for its exceptional Great . . .
Posted on 2/20/20
Thompson Street Capital Partners Acquires Len The Plumber
Thompson Street Capital Partners (TSCP), a private equity firm based in St. Louis, announced today that they have partnered with management to acquire Len the Plumber
Posted on 2/20/20
Bed Bath & Beyond Has a Plan to Tidy Things Up
Business has been downright bad at Bed Bath & Beyond (NASDAQ:BBBY) in recent years, but new CEO Mark Tritton introduced a new plan to investors on . . .
Posted on 2/20/20
Is Merck & Co. Stock a Buy?
Over the past five years, shares of Merck & Co. (NYSE:MRK) are up by about 40.5%. While that isn't a bad performance, it trails that of . . .
Posted on 2/20/20
Why Bed Bath & Beyond Stock Climbed Today
What happenedShares of Bed Bath & Beyond (NASDAQ:BBBY) were moving higher today after the struggling retailer announced the sale of an online brand and outlined part . . .
Posted on 2/20/20
FDA Rejects New Dosing for Merck's Cancer Drug Keytruda
Merck (NYSE:MRK) on Tuesday received a complete response letter (CRL) from the Food and Drug Administration for a new dosing regimen for its cancer blockbuster Keytruda. . . .
Posted on 2/20/20
Why Is American Eagle Outfitters Stock Down if Sales Are Up?
While malls and department stores are closing and some of the ones in operation are wallowing in promotions to keep operating, there are still some retail . . .
Posted on 2/20/20
Better Buy: Vertex Pharmaceuticals vs. Incyte
The core franchises of Vertex Pharmaceuticals (NASDAQ:VRTX) and Incyte (NASDAQ:INCY) continue to generate hefty sales, enabling the companies to invest heavily in exciting research and development . . .
Posted on 2/20/20
Teva Pharmaceutical's Tourette Syndrome Drug Fails to Meet Endpoints
Teva Pharmaceutical Industries (NYSE:TEVA) announced Wednesday that two late-stage clinical trials evaluating deutetrabenazine (also known as Austedo) for use in patients with Tourette syndrome failed to . . .
Posted on 2/20/20
Incyte Announces Launch of the Incyte Ingenuity Award Program
WILMINGTON, Del.--(BUSINESS WIRE)--Incyte (Nasdaq:INCY) is proud to announce the opening call for submissions for its newly launched Incyte Ingenuity Award, an annual program created to support . . .
Posted on 2/20/20
Independence Realty Trust Announces Public Offering of 8.5M Shares of Common Stock
PHILADELPHIA--(BUSINESS WIRE)--Independence Realty Trust, Inc. (NYSE: IRT) today announced that it is commencing an underwritten public offering of 8,500,000 shares of common stock, par value $0.01 . . .
Posted on 2/20/20
RVI Announces Sale of Hamilton Commons for $60M
Retail Value Inc. (NYSE:RVI) closed on the sale of Hamilton Commons (Mays Landing, NJ) for $60.0 million.
Posted on 2/20/20
Vanguard Partners With EQ
Vanguard, a leading provider of defined contribution (DC) recordkeeping and investment management services, today announced a partnership with EQ, a leading shareholder services company, to provide . . .
Posted on 2/20/20
Visual Lease Announces GASB 87 Lease Accounting Module
Visual Lease, the leader in lease accounting and management software, announced today its full support for lease accounting standard, GASB 87. Similar to Standards ASC 842 . . .
Posted on 2/20/20
Pennsylvania Biotechnology Center Announces Launch of Strategic Sponsorship Program
The Pennsylvania Biotechnology Center (PABC), a nonprofit life science incubator, was recently acknowledged in an International Business Innovation Association study as one of the most successful . . .
Posted on 2/20/20
Ivy College of Business Names Berta Aldrich Women in Business Inspiration Award Winner For 2020
Private Advisor Group (PAG) is pleased to announce Berta Aldrich, Managing Director, Chief Marketing and Human Resources Officer, has been awarded the Ivy College of Business . . .
Posted on 2/20/20
Philadelphia Ranked 7th in US for Venture Capital Raises in 2019
Philadelphia Alliance for Capital and Technologies (PACT) just released its annual report on venture investment spending
Posted on 2/20/20
This Week in Jobs: The Mardi Gras of Job Fairs
Next Tuesday may be Mardi Gras, but if you can’t make it to New Orleans, fret not — there will be a different
Posted on 2/20/20
Coworking Provider Mindspace is Coming to the Wanamaker Building
This winter, some Center City coworking tenants won’t need to leave the building to get a different kind
Posted on 2/20/20
B&G Foods Acquires Farmwise
PARSIPPANY, N.J.--(BUSINESS WIRE)--B&G Foods, Inc. (NYSE: BGS) announced that effective today it has acquired Farmwise LLC, proud creator of Veggie Fries®, Veggie Tots® and Veggie Rings®.“We . . .
Posted on 2/19/20
Stately 15 S. Franklin Street Trades Hands
Slated for Future Multifamily Redevelopment in Resurgent Center City Wilkes-Barre15 South Franklin Street, a stately high rise seemingly at the center of everything “Wilkes-Barre” – the . . .
Posted on 2/19/20
Perth Amboy’s Business Improvement District Seeks Candidates to Fill Open Positions on its Board
Perth Amboy’s Business Improvement District (BID)is seeking candidates to fill four vacant positions on its board of directors. The BID is recruiting candidates who want to . . .
Philadelphia
