Neumann University buying 63 acres, buildings from Sisters of St. Francis to double campus size
Philadelphia Business Journal
Neumann University will buy nearly 63 acres of land and several buildings from the adjacent Sisters of St. Francis of Philadelphia to double its Delaware County campus and draw more students to the small Catholic university.
The deal announced Tuesday is expected to close Aug. 30.Click HERE to read more.
Port of Cork – Monday 28 June 2021
The Port of Cork and Independent Container Line (ICL) jointly celebrated the shipping services first year in operation, in what can be described as a record first year. The direct deep-sea route which operates between Cork and US (East Coast – Penn Terminals in Chester, PA*) is the only direct route out of Ireland connecting to the USA.
ICL reported that trade exporting from Ireland has increased five-fold in its first year, and imports have doubled. General commodities handled on this service include refrigerated cargo (Pharma, Foodstuffs), Beverages, Healthcare Products, Building Materials, Chemicals, Auto Parts, Paper and Packaging Products.
WSFS Announces Formation of WSFS CARES Foundation to Further Bolster Community Support
WILMINGTON, Del., June 09, 2021 (GLOBE NEWSWIRE) — WSFS Financial Corporation (Nasdaq: WSFS), the parent company of WSFS Bank, announced the merging of the WSFS Foundation and the WSFS Community Foundation to form the WSFS CARES Foundation.
The WSFS Foundation, founded in 2003, was the philanthropic arm of WSFS Financial Corporation, while the WSFS Community Foundation, previously the Beneficial Bank Foundation, was founded in 2007, and joined WSFS as part of the acquisition of Beneficial Bank.
Janney Montgomery Scott continues to pluck financial advisors, assets from major wirehouses
Philadelphia Business Journal
Janney Montgomery Scott, a Penn Mutual company, has already added 25 financial advisors this year with a combined $5.6 billion in assets under management — an average of $224 million in assets under management per advisor.
In a little more than five months, the AUM for the newcomers is already higher than either of the prior two past years. The Philadelphia-based investment firm added 43 financial advisors with $4 billion AUM in 2020 and 44 advisors with $3.4 billion AUM in 2019.
Click HERE to read more.
To view the full schedule of Bloomsday events at The Rosenbach, please visit rosenbach.org/bloomsday.
