PhillyInc Archive: July, 2011

PhillyInc receives prescription for more Merck job cuts

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More job cuts are planned for Merck & Co. The Whitehouse Station, N.J.-based pharmaceutical company said that it plans to slash 12 percent... Read more

Universal Health's Miller on debt-ceiling debacle

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We're deep into earnings season and corporations have been reporting generally healthy top and bottom lines for the quarter ended June 30. But... Read more

PhillyInc plants the seed that DuPont is raising 2011 guidance

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DuPont raised its earnings guidance for the rest of 2011 to $3.90 to $4.50 (excluding items) from $3.65 to $3.85. The Wilmington chemical giant... Read more

PhillyInc watches local companies' parade of profits

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The cavalcade of earnings reports marches by on this Wednesday. Valley Forge's UGI - both an natural gas utility and propane distributor -... Read more

Novira Therapeutics completes $2.5 million financing

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Novira Therapeutics Inc., a Radnor drug discovery firm, has raised a total of $2.5 million in seed financing, thanks to the participation of... Read more

PhillyInc sees shift by Fiat to buy rest of Chrysler

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Raise your hand if you thought Chrysler would be conducting an IPO after the U.S. and Canadian governments sold off their last holdings in... Read more

PhillyInc starts Monday staring at the debt ceiling

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The only story anyone's talking about is the lack of agreement in Washington on raising the debt ceiling. So the U.S. stock market looks like... Read more

InterDigital shares dip after 3-day spike higher

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All you have to do is mention Google or Apple to excite investors these days. When King of Prussia's InterDigital said earlier in the week... Read more