Eagles Sloppy In Loss To Jets

EAST RUTHERFORD, N.J. — Missed assignments, fumbles, dropped and batted passes, egregious errors in judgment, penalties, confusion and a pick-six to seal the verdict.

All the food groups of an NFL exhibition game featuring almost all backups were presented in an exquisite, all-you-can-eat, soup-to-nuts smorgasbord Thursday night at MetLife Stadium, where the Philadelphia Eagles dropped a 27-20 decision to the New York Jets in their final preseason game.

By the end, coaches on both sides were left to determine whether the fringe players who seemed to separate themselves actually played that well or just looked like they did because the men across the line from them didn’t.

Read more: http://www.mcall.com/sports/mc-eagles-jets-0829-20130829,0,5070189.story#ixzz2dTYFrTbe
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Philly Flower Show Lost $1.2 Million, And Leader Blames TV

The Pennsylvania Horticultural Society usually makes about $1 million in profits from the Philadelphia Flower Show.

But not this year.

The 2013 show actually fell short about $1.2 million, not an unprecedented event in its 184-year history but a short-term disaster for the many urban “greening” programs it supports.  PHS president Drew Becher is now scrambling to cut costs – and to raise $1 million for programs and $200,000 for Flower Show expenses from PHS members and an insurance policy.

For all this, he blames local TV and radio stations.

With unusual bluntness, Becher accuses them of “hyping up” a major snowstorm during Flower Show week that never materialized – but led to scores of canceled tour buses and visitors, and the loss of hundreds of thousands of dollars in ticket and merchandise sales.

Read more at http://www.philly.com/philly/news/local/20130519_Flower_Show_lost__1_2_million__and_leader_blames_TV.html#Gok7XbSLiFH34U2D.99

Hartford Reports $101 Million Loss

English: The skyline of Hartford, Connecticut,...

English: The skyline of Hartford, Connecticut, USA as seen from across the Connecticut River (Photo credit: Wikipedia)

Bloomberg – Hartford Financial Services, Inc., which employs more than 1,000 workers at an Upper Macungie Township call center, posted a second-quarter loss on the cost of retiring investments made by Allianz SE.

The net loss of $101 million, or 26 cents a share, compares with profit of $33 million, or 5 cents, a year earlier, according to a statement today from Hartford, an insurer based in the Connecticut city of the same name.  Chief Executive Officer Liam McGee struck a deal in April to pay about $2.4 billion to buy back debt and warrants that were issued to Allianz.

McGee is counting on profit from property and casualty policies as the insurer shrinks life operations.  He reached a deal in April to sell an annuities-distribution business and an agreement yesterday for American International Group Inc. to buy Woodbury Financial Services.

“Selling Woodbury is a favorable sign that Hartford is making progress on its divestiture plans,” Meyer Shields, an analyst at Stifel Nicolaus & Co., said in a note today.  “Individual life and retirement plans will probably be more difficult to get done,” and those deals may be necessary to push the stock above $20 a share, he wrote.

Read more: http://www.mcall.com/business/mc-hartford-financial-20120802,0,62163.story

Merger? Harleysville And Nationwide

Location of Lower Salford Township in Montgome...

Image via Wikipedia

There is much speculation that Nationwide Mutual Insurance Company is looking to swallow up much smaller Harleysville Insurance (HGIC).  These rumors caused Harleysville‘s stock price to jump 24 percent last week.  Harleysville is based in Lower Salford Township, Montgomery County.  Nationwide is based in Columbus, OH.

Harleysville had a large loss in second quarter this fiscal year.

An interesting side note – the same man who founded Harleysville Insurance Company also founded Harleysville National Bank.  Harleysville National Bank recently merged with Buffalo, NY based First Niagara.  What a sad coincidence it would be if this company succumbed to an out-of-state merger and disappeared as well.