PhillyInc Archive: February, 2009

Cigna, Merck among health-care stock retreat

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Because health care plays such a big role in the Philadelphia economy, any time change is in the air it gets a lot of attention here. President... Read more

Giftcards.com buys Swapagift.com

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Plenty of markets may be hurting during these times of crisis, but the secondary market for gift cards apparently isn’t one of them. Nearly... Read more

New president for SAP America

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There's a new man at the top of SAP America Inc.'s operations in Newtown Square. Rob Enslin today was named president of SAP North America... Read more

Congress slaps Northern Trust for wasting money sponsoring golf tournament

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Golf is not a sport I follow. So, the only reason that I know Phil Mickelson won the Northern Trust Open on Sunday is because the House Financial... Read more

Got TARP money? Don't sponsor golf tournaments

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The Democrats on the House Financial Services Committee do not want banks that have received capital through the Treasury Department to be... Read more

100 companies to face 'say-on-pay' resolutions this year

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At least 100 public companies will face shareholder proposals on executive compensation this spring, according to a shareholder advocacy group... Read more

Philadelphia's share of the transportation billions from economic stimulus plan

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The Philadelphia region is likely to get more than $600 million from the $48.1 billion committed to transportation projects in the new economic-stimulus... Read more

Cohen & Co. to acquire Alesco Financial

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At its creative height, Wall Street was spawning so many new types of securities that new companies were springing up to meet the demand. Alesco... Read more