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Philly.com
Inquirer Business Update
Philadelphia Business Today
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Philadelphia Business Today, 8/15/2008
Top Story
Vishay offering $1.6B for Calif. tech firm
Posted 11:54am
Vishay Intertechnology Inc., a Malvern company that makes semiconductors and electronic components, said today that it has offered to buy all outstanding shares of International Rectifier Corp. common stock for $21.22 per share.
BUSINESS BLOGS
Words to live by from Urban Outfitters' CEO
Here's a quote that caught my attention from the analyst call for Urban Outfitters Inc. on Thursday. CEO Glen T. Senk was certainly enthusiastic about the Philadelphia retailer's phenomenal results for its second quarter.

He talked about each of the company's different retail formats, ending with its new Terrain concept store. So what's customer reaction been like?

More Blog Entries »
PhillyDeals has gone north. We'll be back Monday, Aug. 18.
Posted 08/08/2008
Til then, check Mike Armstrong's PhillyInc blog www.philly.com/philly/blogs/phillyinc/
More Blog Entries »
LATEST NEWS
 
Boscov’s closing sales start tomorrow - 1:00pm
 
Bridge toll hikes advance - 12:13pm
 
In Phila. region, more relief at the pump - 12:04pm
 
US Airways raises $179M in stock for fuel - 10:45am
 
MEDecision sale to Chicago insurer completed - 11:38am
 
Berkshire Hathaway’s new stake in NRG
 
Electric bikes beat high gas prices
 
Abercrombie & Fitch 2Q profit falls
 
Stocks rise modestly as oil continues slide 11:14am
XML COMPANY PRESS RELEASES
 
CIGNA Names Bill Atwell President of International Unit
 
Health Care Service Corporation Completes Acquisition of MEDecision
 
Vishay Intertechnology Makes Offer to Acquire All Outstanding Shares of International Rectifier for $21.22 per Share in Cash
 
Lannett Announces Immediate Availability of Bulk Packs
 
Encorium Reports 2008 Second Quarter Financial Results
More business press releases from Business Wire »
Today's Inquirer
O'Neill expected to rebound from fire loss
By Harold Brubaker and Larry King, Inquirer Staff Writers
The apartment complex J. Brian O'Neill was building along the Schuylkill was just a small part of the King of Prussia developer's project pipeline.

Philadelphia real estate developers had no doubts that O'Neill would bounce back from the loss of the two under-construction apartment buildings.
 
Conshohocken fire victims search for answers
 
Officials: No signs of arson in blaze
Oil pumps inflation up in July, but just wait
By Linda Loyd, Inquirer Staff Writer
The higher-than-expected jump in U.S. consumer prices in July can be summed up in a word: oil. Inflation in July rose 5.6 percent over the last 12 months, the largest annual gain since 1991. From June to July, the rate rose 0.8 percent, twice as fast as economists were expecting.
MORE FROM TODAY'S INQUIRER
 
City, white-collar union reach terms
By Patrick Kerkstra and Marcia Gelbart , Inquirer Staff Writers
 
Chalfonte Hotel sold, but won't sell out
By Jacqueline L. Urgo , Inquirer Staff Writer
 
Developer Bluhm gets control of Pittsburgh casino
By Suzette Parmley , Inquirer Staff Writer
 
Court: Can't sue Saudis for 9/11
By Chris Mondics
 
Business news in brief
 
More banks settle in securities flap
By Stephen Bernard , Associated Press
 
Wal-Mart raises forecast
By Anne D'Innocenzio , Associated Press
 
Architect: Unisys sign would mar Liberty Place
By Miriam Hill , Inquirer Staff Writer
 
Stocks climb as oil falls
By Sara Lepro , Associated Press
 
July foreclosures up a bit in Pa., down in N.J.
By Alan J. Heavens , Inquirer Real Estate Writer
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