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Morning Edition: Education Management Corp. loses $468M in quarter

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Pittsburgh Business Times - Pittsburgh Business Times Morning Edition
Morning Edition

May 1, 2014 - Business news essential to Pittsburgh's leaders.

COMPANIES IN TODAY'S MORNING EDITION

TRENDS & TOPICS IN TODAY'S MORNING EDITION

Education Management Corp. loses $468M in quarter

Revenue down 6.8 percent, bulk of loss due to goodwill impairment charge of a half-billion dollars.

Discuss

EQT Midstream Partners acquires EQT's Jupiter system for $1.8B

The energy giant also announced an asset exchange agreement with Range Resources Corp.

Discuss

West Penn Allegheny Health System narrows operating losses

The five-hospital core of the Allegheny Health Network on Wednesday reported narrowed operating losses for the three- and six-month periods ending Dec. 31 when compared to the same time a year ago. Health insurer Highmark Inc. acquired the network a year ago.

Discuss

Mylan still confident it'll get a deal done this year

Mylan's higher earnings come a few days after the company was turned down for a second time in its bid to acquire Swedish drug manufacturer Meda.

Discuss

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Chatham trustees to vote Thursday on going coed

Ansys announces acquisition, record revenue for first quarter

NASA selects Astrobotic, 2 others for lunar-landing partnership (Video)

New Shop 'n Save to open in North Huntingdon

Kennametal delivers mixed results for 3Q

5 things: Universal Stainless reports Q1 loss ... II-VI revenue up, profit down ... Warning for Brookline residents ... ExOne gains 7 percent on Nasdaq ... Utica Shale jobs up 79 percent

Legislation would add regulations to variable-rate electrical bills

Peppers' sunglasses to be sold at Dick's Sporting Goods as Pittsburgh-based companies team up

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