Date:
Fri, September 12, 2008 01:42:45 PMFrom:
Philly.com: Inquirer Business Update
Subject:
Inquirer Business Update: Area foreclosures rise again
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Philadelphia Business Today
Top Story
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The number of foreclosure filings nationally increased 27 percent in August, compared to a year earlier, but the rise was much lower than in recent months, the Irvine, Calif., company Realty Trac reported today.
BUSINESS BLOGS
So Foxwoods and its partners will drop their plans for a $670 million South Philadelphia casino in exchange for the chance to build one in what is now a shopping mall in Center City?
I’ll be sure to check it out right after I take the tram over the Delaware River to the Simon Property Group mall at Penn’s Landing to buy something pretty for my wife. Or maybe after I try that virtual Pirates of the Caribbean ride at DisneyQuest at Eighth and Market.
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BofA, burned by investment banking, may give it another try by leading the Lehman Bros. bailout.
Today's Inquirer
The Campbell Soup Co. said yesterday that its profit rose 46 percent from a year earlier on higher prices and a quarter that contained an extra week.
Shares of the Wayne firm plummeted after the reduced guidance.
Shares of Kenexa Corp., a Wayne employment recruiter, plunged the most in 10 months yesterday after it reduced its third-quarter sales and profit forecasts because of a "challenging" economy and a strengthening dollar.
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