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PPL reports strong earnings

Driven by gains from the sale of its Latin American delivery businesses and improved margins from its unregulated energy supply business, PPL Corporation (NYSE: PPL) on Thursday (1/31) reported 2007 earnings of $3.40 per share, compared with $2.24 per share a year ago.rnExcluding special items, PPL’s earnings from ongoing operations for 2007 were $2.60 per share, an increase of 16 percent over a year ago.r

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Retired banker program forming

HARRISBURG, PA—The Pennsylvania Bankers Association (PBA) today announced the introduction of the Retired Bankers Program. The program provides a forum for retired bankers to stay connected to the financial services industry, share their professional expertise, and enjoy multiple personal benefits.r

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Committee approves idling limits

The Senate Transportation Committee yesterday (January 29) approved legislation introduced by Senator Pat Browne intended to reduce the noise and noxious exhaust fumes of idling tractor trailers.rnSenate Bill 295 would bar commercial diesel vehicles from idling for more than five minutes during any 60-minute period.r

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Great Bear completing capital efforts

Great Bear Bank, a new community bank to be based in Lower Macungie Township is nearing completion of its capital raising efforts. “We have received over $9.1 million from investors, currently being held in escrow, and have another $2.0 million in firm commitments. That puts us over $11 million, closing in on our $12 million minimum,” said John M. Hayes, Chairman and CEO of Great Bear Bank. “Investments are coming in daily and we continue to move forward in finalizing our regulatory approvals.

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Pa Attorney General files suit against Montco firm

HARRISBURG - Attorney General Tom Corbett today announced the filing of a consumer protection lawsuit against Pure Weight Loss, a national chain of weight loss centers based in Horsham, Montgomery County, along with company owner Vahan Karian, also known as Vahan Karabajakian. r

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Ben Franklin approves investments

The Ben Franklin Technology Partners of Northeastern Pennsylvania’s (BFTP/NEP) Board of Directors has approved the investment of $62,000 in support of regional economic development. The investments are with two early stage technology companies and one infrastructure initiative. rnBFTP/NEP’s goal is to help lead northeastern Pennsylvania to a better economic future by building partnerships that develop and apply technology for competitive advantage. To achieve this goal, Center staff...

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CEO resigns from Pocono Health System

Richard J. Henley FACHE, FHFMA, President and Chief Executive Officer of Pocono Health System/Pocono Medical Center (PHS/PMC), announced today that he has resigned his position, effective today. Mr. Henley, who joined PHS/PMC in December of 2005, stated that he intends to pursue other professional opportunities.r

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PAR names Hay president

STROUDSBURG, Pa., -- (January 24, 2008) – Bob Hay of Mt. Pocono, Pa., an area REALTOR and broker/owner of BOBHAY.com, was installed as the new president of the Pennsylvania Association of REALTORS (PAR) on January 15, 2008 in a ceremony in Harrisburg.r

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QNB income increases

QUAKERTOWN, PA (24 January 2008) QNB Corp. (the “Company” or “QNB”) (OTC Bulletin Board: QNBC), the holding company for QNB Bank, reported net income for the fourth quarter of 2007 of $1,021,000, or $.32 per share on a diluted basis. Net income for the fourth quarter of 2007 represents a 10.6% increase over net income of $923,000 reported for the same period in 2006. Earnings per share, on a diluted basis, was $.29 for the fourth quarter of 2006.

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PMMC names new CFO

<img src="http://www.epbj.com/system/files/Micheal Zwetschkenbaum CFO_200x267.shkl_.jpg"rnMichael Zwetschkenbaum rnrnPOTTSTOWN, PENNSYLVANIA. (January 10, 2008) – Pottstown Memorial Medical Center recently welcomed Michael Zwetschkenbaum as Chief Financial Officer. Michael replaces Jim Wilson who became CEO at Central Montgomery Hospital, Lansdale in the Fall of 2007.r

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