Business news in brief The Philadelphia Inquirer
Pirate Capital L.L.C., the hedge fund that is the largest shareholder in The Pep Boys - Manny, Moe & Jack, is being investigated by the Securities and Exchange Commission over whether it properly disclosed sales of stocks it owns, according to the Wall Street Journal and Bloomberg News. The two news organizations, citing unnamed sources, said the SEC was looking into whether Pirate violated
Business news in brief The Philadelphia Inquirer
The Pep Boys - Manny, Moe and Jack Inc. said that it had hired Wachovia Capital Markets L.L.C. to arrange and privately syndicate a $120 million increase to a loan. The current senior secured loan facility stands at $200 million, but Philadelphia auto parts and service chain Pep Boys wants to expand it and use the proceeds to pay off other debt. Pep Boys said it expects the loan to close in
Capitol surprise The Jersey Journal
B ayonne's Frank Jr. and Veronica Carpenter celebrated 61 years of married life on Friday, and among the letters of congratulations they received was one from the nation's First Couple.
As Housing Booms, Will Schools Have Room? WNYC New York Public Radio
Public Schools open for the year today. Improving public school education has been a theme of Mayor Michael Bloomberg’s tenure. But as more families become interested in public education – and .

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