Penn Treaty American is worst-performing local stock of 2008

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Local stocks were not spared the carnage that made 2008 the worst year for the Dow Jones industrial average since 1931. Of the 200 stocks... Read more

Yes, Santa Claus, there is a Treasury Department

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Some people feel like it’s just not the holidays if they don’t watch Rudolph, the Red-Nosed Reindeer or How the Grinch Stole Christmas... Read more

Kuwaitis block Dow Chemical's slam-dunk deal for Rohm & Haas

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When people describe a deal as a “slam dunk,” the implication is that it’s a can’t-miss prospect. The trouble is,... Read more

Dow Chemical, Rohm & Haas shares fall in heavy trading

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UPDATED POST WITH CLOSING PRICES: Investor reaction to the collapse of a joint venture between Dow Chemical Co. and Kuwaiti interests was swift... Read more

Toll Bros., Hovnanian and other builders cut thousands of jobs

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Photographs of half-built, nearly empty subdivisions in California and other overbuilt markets may symbolize the four-year decline in the housing... Read more

Will Dow buy Rohm & Haas now that Kuwaiti deal is dead?

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Since Dow Chemical Co. announced its $78 per share acquisition of Rohm & Haas Co. last summer, all of us have been presuming it's a done... Read more

CEO compensation changing, but still rising

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Recipe for debate over executive compensation: Take an intractable credit crisis. Add mounting bank failures and the extinction of the independent... Read more

Advanta re-ups with World TeamTennis

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Earlier this week, I wrote about lackluster projections for the growth in corporate sponsorships in 2009. That’s bad news for a lot... Read more