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Philly.com
Inquirer Business Update
Philadelphia Business Today
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Philadelphia Business Today, 9/11/2008
Top Story
Campbell’s 4Q profit up 46%
Posted 1:33pm
The Campbell Soup Co. today said its profit rose 46 percent from a year ago on higher prices and a quarter that contained an extra week.
BUSINESS BLOGS
Einstein health network would triple debt to build Montco hospital
Albert Einstein Healthcare Network has long planned to stretch beyond its North Philadelphia neighborhood to capture more business from better-insured suburbanites.

In January 2006, Einstein teamed with Montgomery Hospital in Norristown to build a new hospital in central Montgomery County. After unsuccessfully pursuing a site in Whitpain, the two now hope to build a $360 million hospital in East Norriton.

According to Moody’s Investor Service, Einstein intends to issue about $330 million in debt over the next 12 to 18 months to finance the hospital’s construction.

More Blog Entries »
PA teachers' pension fund lost $1.7 billion
Posted 4:10pm
The Federal Highway Administration has nixed the Pennsylvania Turnpike's latest plan to impose tolls on I-80 and other state roads, Gov. Rendell said today. That's a boost for Rendell's plan to lease the road to a private company.
More Blog Entries »
LATEST NEWS
 
American Water wins $329M army contract
 
Crude prices down, along with local gas
 
Fannie-Freddie declines hit Wilmington Trust
 
Campbell Soup says 4Q sales, profits higher
 
Stocks fluctuate, with Lehman still a worry 2:48pm
XML COMPANY PRESS RELEASES
 
Hill International Promotes Three Key Middle East Executives
 
InterDigital Mourns Loss of Board Member Bob Shaner
 
TeamChildren Center Jam-Packed with Day of Caring Volunteers
 
Janney Montgomery Scott LLC Continues Capital Market Growth
 
Harleysville Insurance Names Keefe Senior Vice President of Corporate Development
More business press releases from Business Wire »
Today's Inquirer
N.J. Blue Cross may cut Philadelphia hospitals from coverage
By Stacey Burling, Inquirer Staff Writer
In the midst of its campaign to convert into a for-profit company, Horizon Blue Cross Blue Shield of New Jersey is threatening to cut two Pennsylvania hospital powerhouses out of its treatment networks.
Delaware Basin gas drilling hits a snag
By Harold Brubaker, Inquirer Staff Writer
The rush to pump natural gas from the hills surrounding the Upper Delaware River in Pennsylvania and New York has hit a regulatory speed bump.
MORE FROM TODAY'S INQUIRER
 
Casinos push poker tournaments to draw players
By Suzette Parmley , Inquirer Staff Writer
 
Business news in brief
 
PhillyDeals: A casino, not a retailer, as Gallery anchor?
By Joseph N. DiStefano , Inquirer Staff Writer
 
Vishay raises offer for International Rectifier
By Reid Kanaley , Inquirer Staff Writer
 
Lehman outlines plan to raise cash
By Joe Bel Bruno , Associated Press
 
OPEC decides on more than output
By George Jahn , Associated Press
 
Stocks up despite worry over the financial sector
By Tim Paradis , Associated Press
 
Decision against union in Cintas case upheld
By Chris Mondics , Inquirer Staff Writer
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