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Philly.com
Inquirer Business Update
Philadelphia Business Today
Video
Philadelphia Business Today, 8/20/2008
Top Story
Payments in Vioxx deal to begin Aug. 28
Posted 1:20pm
TRENTON - Partial payments for people claiming that withdrawn painkiller Vioxx caused heart attacks will go out starting Aug. 28 under the $4.85 billion settlement between drugmaker Merck & Co. and plaintiffs' lawyers, the claims administrator said today.
BUSINESS BLOGS
Constar vs. Auxilium: Who's more valuable?
The diverging fortunes of two local companies caught my attention recently.

One had revenues of $886.3 million for the 12 months ended June 30, the other revenues of $112 million. Both are unprofitable.

Which do you think would be more valuable?

More Blog Entries »
Versa buys a TJX store chain
Posted 07/22/2008
Versa of Philadelphia and Chrysalis Capital of Boston team up to buy Bob's stores from TJX, which will net $23M (mostly tax benefits) after writing off $15M from the deal.
More Blog Entries »
LATEST NEWS
 
AirTran to add Harrisburg route - 12:27pm
 
Phila. region gas prices continue decline - 12:01pm
 
Pa. mortgage broker loses licenses in fraud case - 10:50am
 
Wall Street stumbles through erratic session 12:01pm
XML COMPANY PRESS RELEASES
 
PECO Launches First Phase of Five Year Environmental Initiative With Opening Of First Green Building
 
Shunra Software Joins HP Software Marketplace Referral Program
 
Performance Health Technologies Highlighted Nationally in Media Reports Focused on Company's Innovative Therapy Products
 
Carpenter Declares Quarterly Cash Dividend
 
New Self-Administered Test Allows for Private, At-Home Colon Cancer Screening
More business press releases from Business Wire »
Today's Inquirer
Tomorrow is bid day for Philadelphia Convention Center
By Linda Loyd, Inquirer Staff Writer
From Harrisburg to City Hall, officials are waiting - anxiously - to see the numbers tomorrow when bids are opened for construction of a major chunk of the Convention Center expansion in Center City.
Corzine plan will fund road projects, not debt payments
By Jonathan Tamari, Inquirer Trenton Bureau
Gov. Corzine's new transportation plan will raise money exclusively for road, bridge and mass-transit projects, not for cutting state debt, according to a key lawmaker.
MORE FROM TODAY'S INQUIRER
 
Wholesale inflation soared in July
By Martin Crutsinger , Associated Press
 
Final pillars of El come down
By Paul Nussbaum , Inquirer Staff Writer
 
Rendell names two to key energy posts
By Amy Worden , Inquirer Harrisburg Bureau
 
Journal takes on Merck 'seeding trials'
By Bob Fernandez , Inquirer Staff Writer
 
Business news in brief
 
Former hedge fund ordered to pay $291 million
By Harold Brubaker , Inquirer Staff Writer
 
US Airways plans Tel Aviv flight
By Linda Loyd , Inquirer Staff Writer
 
Housing starts fall to January 1991 level
By Alan J. Heavens , Inquirer Real Estate Writer
 
Taxpayers to foot bill for Phila. produce market
By Joseph N. DiStefano , Inquirer Staff Writer
 
United to end free overseas meals
By Mary Schlangenstein , Bloomberg News
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