Chester County Business Briefs

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The Coatesville VA Hospital.
The Coatesville VA Hospital.

Business Briefs are concise reports on what’s happening around Chester County.

Coatesville VA Medical Center Opens its Doors to Celebrate Veterans

The Coatesville Veterans Affairs Medical Center will host an eight-day-long celebration in recognition of Veterans Day 2015, with the theme “Honoring Former Prisoners of War and Those Missing in Action.”

The series of events paying tribute to Veterans will begin on November 2nd and will be open to the public on weekdays until Veterans Day on November 11th. The celebration will also mark the 85th Anniversary of the opening of the Coatesville VA Medical Center.

“It is both a privilege and a profound responsibility to provide health care to our nation’s Veterans,” said Medical Center Director Gary W. Devansky. “It is our annual tradition to recognize Veterans Day for an entire week by hosting a series of events to honor those who sacrificed for freedom. I invite and encourage all community members to join us.”

Business BriefsVertex Recognizes Tax Innovators

Expedia, JAFRA Cosmetics, Rooms To Go, Starbucks and ULINE have been recognized as leaders in tax innovation by Vertex Inc., the leading provider of corporate enterprise tax solutions. The companies were honored at the annual Vertex Exchange conference held in Orlando which was attended by more than 600 tax professionals.

The goal of the Corporate Tax Innovation Awards is to highlight tax technology clients that solve complex business challenges by leveraging software and services from Vertex. This year’s winners combined world-class leadership and best practices for corporate tax technology in line with this year’s theme, “A Whole New World for Tax.”

“Vertex is honored to distinguish clients that implement the most innovative corporate tax solution and spotlight the many ways that tax departments bring strategic value to their organization,” stated Jeff Westphal, President and CEO of Vertex Inc.

111414DNBFirstDNB Financial Corp’s Earnings in Line with Expectations

DNB Financial Corp, the holding company for DNB First, National Association, has announced its quarterly earnings results. The financial services provider met Zacks’ consensus estimate with earnings per share of $0.45 for the quarter.

During mid-day trading on Monday, shares of DNB Financial Corp slipped by 0.293 percent, to $26.85 on light trading of 239 shares. The stock has been relatively stable recently, with its 50-day moving average slightly lower at $26.62 and its 200-day moving average coming in at $26.24.

Despite its recent stability the shares have a 52 week low of $21.01 and a 52 week high of $30.00 with market capitalization of $75.34 million and a price-to-earnings ratio of 15.009. Zacks raised DNB Financial Corp shares from a “hold” rating to a “buy” in July with a twelve month target price of $31.00.

QVC LogoQVC Earns Customer Loyalty with Quality, Value and Convenience

While not the first television home shopping network, as it started four years after HSN, QVC has more than made up for it by growing into an $8.8 billion business since then.

Predating Amazon.com by nearly a decade, QVC is an e-shopping pioneer that has built a fiercely loyal cross-channel customer base by combining its televised pitches, which reach close to 317 million households throughout the world, with an extremely successful e-commerce and social media site that always brings shoppers back for more.

That customer loyalty is driven by the foundations that were set by the company’s founder Joseph Segel. He named the business by the three principles he was originally guided by: quality, value and convenience.

President and CEO, Mike George, promises to keep the company on its successful path as he continues to scour the globe for “the freshest products and ideas” and to “enhance our on-air and online programming by making it more engaging.”

 

 

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