Transportation & Distribution

OraSure gets FDA approval for Hepatitis C test

BETHLEHEM, Pa., Jun 25, 2010 (GlobeNewswire via COMTEX) --OraSure Technologies, Inc. (Nasdaq:OSUR) announced today that its OraQuick(R) Hepatitis C ("HCV") Rapid Antibody Test has been approved by the U.S. Food and Drug Administration ("FDA") for use in detecting HCV antibodies in venous whole blood specimens, making it the first rapid HCV test approved by the FDA for use in the United States.rnr

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Olympus Corp. to acquire Spiration Inc.

Olympus Corporation (President: Tsuyoshi Kikukawa) (“Olympus”) is pleased to announce that an agreement was reached with Spiration, Inc. (Head Office: Redmond, Washington, U.S.A; President and CEO: Rick Shea) (“Spiration”) in which all shares of Spiration® will be acquired by Olympus Corporation of the Americas, a North American subsidiary of Olympus.

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National Penn sells Christiana for $34.5 million

BOYERTOWN, PA – June 24, 2010 – National Penn Bancshares, Inc. (NASDAQ: NPBC), the parent company of National Penn Bank and Christiana Bank & Trust Company (Christiana), announced today that it has signed a definitive agreement under which WSFS Financial Corporation (NASDAQ: WSFS) would acquire the stock of Christiana for a cash purchase price of $34.5 million.

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PECO completes third electricity purchase

PHILADELPHIA (June 23, 2010) – In preparation for the final transition to a competitive electric market in Pennsylvania, PECO recently completed the third of four planned electricity purchases to serve customers who have not chosen a competitive electric generation supplier beginning Jan. 1, 2011.rn r

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PPL prices stock offering

PPL Corporation (NYSE: PPL) today (6/22) announced that it has priced its concurrent offerings of common stock and equity units, the proceeds of which will be applied to fund a portion of the purchase price of its recently announced acquisition of E.ON U.S., LLC, the parent company of Louisville Gas and Electric Company and Kentucky Utilities Company.

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PPL reaches labor agreement with IBEW

PPL Corporation (NYSE: PPL) has reached agreement with Local 1600 of the International Brotherhood of Electrical Workers union on a new four-year labor contract, the company said Monday (6/21).rnrnThe agreement has been ratified by the union, which represents about 3,300 company employees at PPL locations in Pennsylvania. It runs through May 11, 2014.rnr

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Simmons to chair EACC

Allentown, PA (June 22, 2010) – S. Graham Simmons, an Associate of Tallman Hudders & Sorrentino, the Pennsylvania office of Norris McLaughlin & Marcus, P.A., was recently selected as Chair of the Easton Area Chamber of Commerce. A former board member, Simmons will serve a two year term where he will lead monthly board meetings and develop goals and priorities for the organization.rn r

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ENGINEERING

Sr. Process Engineer: Req. Bach. Chem. or Mech. Eng. 5 yrs. exp. incl. process design/optimization, process fan/refractory in cement industry. Use ProCALC, CoolHeat, Emission Prediction, Volatile Concentration. FLSmidth Inc., Bethlehem, PA. F/T Email resume: CPA-US@flsmidth.com & ref. # 6061.

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Saladax inks development deal with Bristol-Myers

Bethlehem, PA – June 21, 2010 — Saladax Biomedical Inc. (www.saladax.com) announced today that it has entered into a multi-year development and commercialization agreement with Bristol-Myers Squibb Company (NYSE:BMY) for the development of certain clinical diagnostic tests to be used in conjunction with the development of certain therapeutic compounds in the Bristol-Myers Squibb pipeline.r

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