Business news briefs: Consol Energy CFO to retire in March

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Consol Energy CFO to retire in March

Cecil-based Consol Energy said William J. Lyons, chief financial officer, will retire in March and be replaced in that position by David M. Khani, the company's vice president-finance.

Eureka Financial raises quarterly dividend

Eureka Financial Corp.'s board raised the quarterly dividend by 1 cent, to 8 cents per share, payable Jan. 31 to stockholders of record Jan. 15. The company has branches in Oakland and Shaler.

Private investor group buys RIDC Park building

Practical Administrative Solutions LP, a private investor group, has paid $1 million for a 10,200-square-foot building in the RIDC Park in O'Hara, according to the Regional Industrial Development Corp. The building, used for movie productions over the past year and once the headquarters for Zambrano Construction, will be leased by Grane Hospice Care and Grane Home Health Care, which provide hospice care to patients in homes or in assisted living or skilled nursing settings. In November, Tsudis Chocolate Co. paid $3.9 million for a building it had leased in the O'Hara industrial park for the past 10 years. It plans to modernize the structure and add 75 to 275 employees.

Mylan's generic version of Qualaquin approved

Cecil-based generic drug maker Mylan Inc. said it received regulatory approval for the generic version of Mutual Pharmaceutical Co.'s Qualaquin capsules, an antimalarial drug.

Home Depot acquires Texas firm

BlackLocus, an Austin, Texas-based big data analysis firm, announced Tuesday that it has been acquired by Home Depot for an undisclosed figure. The firm began as a student project in Carnegie Mellon University startup incubator Project Olympus and received a $2.5 million round of funding in 2011 led by Houston venture capital firm DFJ Mercury.

Jefferson Regional plans addition in Bethel Park

Jefferson Regional Medical Center is planning a 35,000-square-foot addition to its Bethel Park campus on Higbee Drive that will include a surgery center and physician office space. Pittsburgh-based Astorino has been selected as the architect for the expansion, which Jefferson officials said was made possible because of the center's new partnership with insurer Highmark.

U.S. homebuilder confidence at 61/2-year high

Confidence among U.S. homebuilders inched up this month, to the highest level in more than 61/2 years, as builders reported the best market for newly built homes since the housing boom. The National Association of Home Builders/Wells Fargo builder sentiment index released Tuesday increased 2 points to 47 from a revised 45 in November. That's the highest reading since April 2006, just before the housing bubble burst.

Vitamin Shoppe pays $50M for Seattle retailer

The Vitamin Shoppe, out of North Bergen, N.J., has agreed to pay $50 million for the assets of Super Supplements Inc., a Seattle specialty retailer of vitamin, mineral and supplements (VMS) with about 30 stores in the Northwest.

From staff and wire reports



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