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Transportation & Distribution

Ben Franklin approves investments

The Ben Franklin Technology Partners of Northeastern Pennsylvania’s (BFTP/NEP) Board of Directors approved the investment of $393,146 in support of regional economic development. The investments are with five early-stage technology companies and two established manufacturers. rn r

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Earnings up 15 percent at Air Products

LEHIGH VALLEY, Pa. (April 22, 2010) – Air Products (NYSE:APD) today reported net income of $267 million, or diluted earnings per share (EPS) of $1.23, for its fiscal second quarter ended March 31, 2010. This result excludes an after-tax charge of $15 million, or $0.07 per share, for costs associated with the tender offer for the outstanding shares of Airgas, Inc.rnr

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VIST raises $5.2 million through stock sale

WYOMISSING, Pa., April 23 /PRNewswire-FirstCall/ -- VIST Financial Corp. (Nasdaq: VIST) announced today that it has entered into purchase agreements which will raise $5.2 million in new capital through the issuance of 644,000 shares of common stock to two institutional investors who specialize in the banking sector, at a price of $8.00 a share.rnr

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Ben Franklin names Innovation Award Winners

The Ben Franklin Technology Partners of Northeastern Pennsylvania has announced the winners of the Northeastern Pennsylvania Innovation Awards. Winners will be honored at the Ben Franklin i xchange event, scheduled for 5:30 PM on Wednesday, May 12th at the Zoellner Arts Center at Lehigh University.rn r

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Grant to help Schuylkill River project

POTTSTOWN—The Schuylkill River Heritage Area (SRHA) has received a two-year, $719,000 grant from the Philadelphia-based William Penn Foundation to improve the Schuylkill River Trail and strengthen the trail’s economic development potential.r

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Fulton Financial reports income of $22.4 million

Fulton Financial Corporation (NASDAQ: FULT) reported net income available to common shareholders of $22.4 million, or 13 cents per diluted share, for the first quarter ended March 31, 2010, compared to $19.3 million, or 11 cents per diluted share, for the fourth quarter of 2009.rnr

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