Oracle Buys Skire to Boost Its Primavera Project Management Software (PC World)
I haven't heard too much out of Oracle Primavera recently, but I believe it is still primarily based in the Philly area. Oracle acquired the project management software pioneer founded by Joel Koppelman, which at the time was based in Bala Cynwyd, in 2008. Koppelman, who has since left Oracle, is now listed as "Chief Sculptor at JMK Adventures" on his LinkedIn profile.
Five Below prices IPO at $17.00, at high end of the range (Renaissance Capital)
Philly-based retalier raises $163 million.
Five Below's shares soar in initial trading (AP via Philadelphia Inquirer)
Shares jumped 54% after offering. Update: Five Below (NASDAQ: FIVE) closed the day up 56%.
Philly Fed Firms Continue to Report Weak Business Conditions (Business Wire)
Philly Fed factory activity shrinks for third month in July (Reuters)
Burke Creates NBCU News Group to Oversee NBC News, MSNBC, CNBC
NBCU EVP Fili-Krushel to Serve as Chairman (Multichannel News)