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  • Amicus Therapeutics reports 4Q loss Tuesday, 3 Mar 2015 | 4:42 PM ET

    CRANBURY, N.J. _ Amicus Therapeutics Inc. on Tuesday reported a loss of $21.2 million in its fourth quarter. The average estimate of analysts surveyed by Zacks Investment Research was for a loss of 18 cents per share. Amicus Therapeutics shares have climbed nearly 2 percent since the beginning of the year.

  • Ascena Retail misses Street 2Q forecasts Tuesday, 3 Mar 2015 | 4:17 PM ET

    MAHWAH, N.J. _ Ascena Retail Group Inc. on Tuesday reported fiscal second-quarter profit of $8.7 million. Ascena Retail expects full-year earnings in the range of 70 cents to 75 cents per share. Ascena Retail shares have risen 5 percent since the beginning of the year.

  • WASHINGTON, March 3- The Federal Aviation Administration is seeking ways to speed up the approval process for commercial drone operations, but its efforts have been hindered by its lack of authority to review multiple applications on a group basis, the FAA chief said on Tuesday. The FAA recently proposed new regulations that would lift the current ban on most...

  • The casino is getting $14 million from the Casino Reinvestment Development Authority toward the $15 million total cost of both projects. The projects illustrate two trends underway in what until recently was the nation's second-largest gambling market after Nevada, but which has slipped into 3rd place behind Pennsylvania. And it also lets the Borgata...

  • ATLANTIC CITY, N.J.— A Los Angeles developer involved in numerous projects there has made an 11th hour bid to buy Atlantic City's former Revel Casino Hotel. He is reviving the former Rialto Theater in South Pasadena, as well as the former Sears building in downtown Los Angeles. A bankruptcy court judge is to rule Wednesday on a proposed sale of Revel to Florida...

  • *Brent crude climbs above $61 on conflict in Libya. NEW YORK, March 3- U.S. stock prices fell on Tuesday, with the Dow Jones industrial average and Standard& Poor's 500 receding from their record highs, while the dollar fell from its 11- year peak versus a basket of currencies. "The market is naturally settling in, taking a breather until the scales tip either way to...

  • *Best Buy climbs in premarket after results. *Citigroup to sell OneMain Financial to Springleaf Holdings. "The market is naturally settling in, taking a breather until the scales tip either way to commence the next move to continued to new heights or a consolidated pullback," said Andre Bakhos, managing director at Janlyn Capital LLC in Bernardsville, New Jersey.

  • North Korea lifts Ebola travel restrictions Tuesday, 3 Mar 2015 | 7:09 AM ET

    TOKYO— North Korea has lifted severe restrictions on foreign travel it imposed last year to keep the Ebola virus from crossing its borders. One tour company that takes tourists into North Korea, Uri Tours, said on its website Tuesday that it had been told by the country's national airline that the ban had been lifted. North Korea's decision to set the restrictions...

  • RUTHERFORD, N.J.— If New Jersey continues its decades-old pattern of borrowing money to fund transportation infrastructure projects, it will jeopardize its ability to do the same in the future, a legislator told a group of business leaders Tuesday. Assembly Transportation Committee chairman John Wisniewski said the state must identify a dedicated source of...

  • Citing safety concerns, United Airlines on Monday became the second major U.S. airline to announce it will no longer accept bulk shipments of rechargeable batteries, also called lithium-ion batteries, which are used to power everything from smartphones to laptops to power tools. Delta Air Lines quietly stopped accepting bulk shipments of the rechargeable...

  • Aerie reports 4Q loss Monday, 2 Mar 2015 | 5:15 PM ET

    BEDMINSTER, N.J. _ Aerie Pharmaceuticals Inc. on Monday reported a loss of $16.5 million in its fourth quarter. On a per-share basis, the Bedminster, New Jersey- based company said it had a loss of 69 cents. Keywords: Aerie Pharmaceuticals, Earnings Report.

  • IGI Labs meets 4Q profit forecasts Monday, 2 Mar 2015 | 5:14 PM ET

    BUENA, N.J. _ IGI Laboratories Inc. on Monday reported fourth-quarter net income of $5.6 million, after reporting a loss in the same period a year earlier. The average estimate of analysts surveyed by Zacks Investment Research was also for earnings of 6 cents per share. IGI Labs shares have risen 30 percent since the beginning of the year.

  • Pacira Pharma slumps after FDA ruling on pain drug Monday, 2 Mar 2015 | 5:08 PM ET

    NEW YORK— Shares of Pacira Pharmaceuticals tumbled Monday after the company said regulators refused to grant a new marketing approval for its post-surgical pain drug Exparel. Pacira Pharmaceuticals wants to market the drug for blocking nerves to relieve pain after surgery, but the Food and Drug Administration did not give it marketing approval.

  • NEW BRUNSWICK, N.J.— Cardinal Health is offering to buy a unit of Johnson& Johnson that makes heart devices for approximately $1.94 billion. Johnson& Johnson's Cordis business, which is based in Fremont, California, had 2014 revenue of about $780 million. Cordis has operations in more than 50 countries, including China, Japan, Germany, Italy, France, the U.K. and Brazil.

  • House Roll Call: Approving 1-week DHS funding bill Friday, 27 Feb 2015 | 10:25 PM ET

    The 357-60 roll call Friday by which the House approved a bill to fund the Homeland Security Department for one week. The bill goes to President Barack Obama for his signature. Republicans— Aderholt, X; Brooks, N; Byrne, Y; Palmer, N; Roby, Y; Rogers, Y.

  • Chris Christie made headlines on the state's beleaguered Transportation Trust Fund this week by not mentioning it in his 25- minute budget address, drawing the ire of many interest groups pushing for a long-term fix to the fund. Tom Bracken, president of the New Jersey Chamber of Commerce and chairman of a group of business and labor leaders pushing for a kind of...

  • Democrat: veto override still on despite GOP bill Friday, 27 Feb 2015 | 2:36 PM ET

    TRENTON, N.J.— Lawmakers' efforts to overhaul the Port Authority of New York and New Jersey got a jump-start on Friday, but the prospects for passing legislation are still uncertain. Andrew Cuomo and Chris Christie vetoed an overhaul passed unanimously in both legislatures, Senate Republican Leader Tom Kean Jr. is introducing a new bill aimed at reforming the...

  • Miss America Organization president is stepping down Friday, 27 Feb 2015 | 2:26 PM ET

    ATLANTIC CITY, N.J.— The president of the Miss America Organization is stepping down after nearly two years at the helm. Pearce told The Associated Press that she wants to spend more time with her family. She helped lead the pageant during its return to Atlantic City in 2013 after a brief stint in Las Vegas.

  • NEWARK, N.J.— Police at Newark Liberty International Airport are being credited with reviving an elderly man who was suffering from heart problems. The Port Authority of New York and New Jersey says four of its officers and two supervisors combined to help the 74- year-old Magnolia, Texas man on Thursday. The man then began breathing on his own and was conscious...

  • South Jersey Industries posts 4Q profit Friday, 27 Feb 2015 | 1:46 PM ET

    FOLSOM, N.J. _ South Jersey Industries Inc. on Friday reported fourth-quarter earnings of $43.9 million. The Folsom, New Jersey- based company said it had profit of $1.30 per share. South Jersey Industries shares have declined almost 4 percent since the beginning of the year.