Business

Business In Brief - November 29, 2007

Comporium customers can expect outages

LANCASTER -- Comporium Communications announced Wednesday that beginning early Saturday it will upgrade its switches in the Lancaster area, causing brief interruptions to local phone service.

"These are planned and necessary changes to ensure that we continue to provide the best quality of service possible for our landline network," Glenn McFadden, executive vice president of operations, said in a press release. "We anticipate only brief periods of service interruptions during the conversion, and it will not affect our wireless service."

Should an emergency arise during a service interruption, customers can use their wireless phones to call Lancaster County's 911 center, McFadden said.

"This work should go very quickly and unnoticed by the majority of our customers during this early-morning period," McFadden explained. "We just wanted our Lancaster customers to be aware of what's going on."

Spratt Savings & Loan earns top rating

CHESTER -- Spratt Savings & Loan recently announced it earned an A-plus rating for financial strength from TheStreet.com Ratings, an independent firm that analyzes and rates banks, thrifts and insurance companies nationwide.

Chester-based Spratt Savings was among a group of 69 banks nationwide that earned the top ranking out of 15,000 rated.

To make the A-plus grade, a bank must have maintained a conservative stance in business operations and underwriting practices, the bank said in a press release. Additionally, a strong equity base, superior asset quality, stable earnings and high liquidity are key factors in achieving the top standing, the bank said.

"We are extremely pleased with this financial accomplishment," said Glenn Anderson, CEO of Spratt Savings. "It is encouraging to have a respected independent party confirm the validity of our strategic fiscal objectives."

Scott Weinstein opens dental practice

CHARLOTTE -- Fort Mill resident Scott Weinstein has opened a new pediatric dental practice in Charlotte's Ballantyne area.

Ballantyne Pediatric Dentistry, located at Toringdon Medical Plaza II, 12105 Copper Way, Suite 102, offers a full line of dental services geared especially to children.

Weinstein, a University of North Carolina graduate, completed a residency and previously practiced dentistry at Eastman Dental Center/Strong Memorial Hospital in Rochester, N.Y. For more information about his practice, call (704) 752-1900 or visit www.ballantynepedo.com.

Tribune Co. buyout closer to approval

WASHINGTON -- The proposed $8.2 billion buyout of the Tribune Co. could receive a regulatory green light as soon as Friday under a plan put forth by the head of the Federal Communications Commission.

FCC Chairman Kevin Martin said Wednesday he has circulated a plan to the other four members of the commission that would grant Tribune Co. waivers that would allow the company to own both a newspaper and a broadcast station in the same market until the commission votes on a permanent rule on such combinations.

Tribune Co. owns the Los Angeles Times, the Chicago Tribune, nine other dailies and 23 television stations.

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