Bryn Mawr Bank Corporation Opens 2011 With a Strong First Quarter
BRYN MAWR, Pa. — Bryn Mawr Bank Corporation , , parent of The Bryn Mawr Trust Company , today announced diluted earnings per share of $0.38 for the three months ended March 31, 2011, an increase of $0.13 per share, or 52%, as compared to diluted earnings per share of $0.25 for the same period in 2010.

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India’s Power Grid Bids for Africa Projects
Power Grid Corp. of India, the nation’s largest electricity transmission company, is bidding for contracts in African nations including Nigeria and Kenya to expand its business, the chairman said.

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ACT leadership coup: Brash ‘highly unlikely’ to get top Govt post
New ACT leader Don Brash  won’t be deputy prime minister or get his hands on the finance portfolio, Prime Minister John Key says.

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BancorpRI Announces First Quarter 2011 Results
Bancorp Rhode Island, Inc. , the parent company of Bank Rhode Island, today reported net income of $2.3 million for the quarter ended March 31, 2011, an increase of 4.0 percent compared to the first quarter 2010 net income of $2.2 million and a 8.5 percent increase from net income of $2.1 million in the fourth quarter 2010.

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MLB-appointed monitor of Dodgers arrives in LA
Owner Frank McCourt vowed on Wednesday that no one will take the Los Angeles Dodgers away from him, while the man appointed by Major League Baseball to oversee the team’s daily operations arrived in town to begin his…

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Strategic Defaults Revisited: This Could Get Very Ugly
In an article posted on Minyanville last September — Strategic Defaults Threaten All Major US Housing Markets — I discussed the growing threat that so-called “strategic defaults” posed to major metros which had experienced a housing bubble.

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Fiat to boost share holding of Chrysler by additional 16 pct.
DETROIT — Fiat said Thursday it will pay about $1.27 billion to acquire an additional 16 percent in Chrysler after reaching an agreement to repay its loans to the United States and Canadian governmen

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