GO
Loading...

New Jersey

More

  • PHILADELPHIA, Jan 31- A U.S. federal appeals court has delayed the sale of the shuttered Revel Casino in Atlantic City pending an appeal by a company that ran its nightclub and boardwalk dance club. The order, issued late Friday by Third U.S. Circuit Court of Appeals Court Judge Thomas Ambro, gives attorneys for Revel until Tuesday to respond to the appeal filed by...

  • Revel sale put on hold while nightclub appeals terms Saturday, 31 Jan 2015 | 10:07 AM ET

    Third U.S. Circuit Court of Appeals Judge Thomas Ambro, based in Philadelphia, ruled late Friday that Revel has until 4 p.m. Tuesday to respond to the appeal from IDEA Boardwalk of a federal judge's decision. IDEA Boardwalk and other former Revel tenants asked U.S. District Court Judge Jerome Simandle to delay the sale but he denied the request Jan. 21, saying that...

  • WASHINGTON— It flew through the Republican-run House in 2012, and a year later 79 of the Democratic-led Senate's 100 members embraced it. With Republicans now controlling both chambers of Congress, the chances for repealing the 2.3 percent tax on medical devices are better than ever. Created under Obama's expansion of health care coverage, the tax will raise...

  • DIARY- Top Economic Events to Feb 12 Friday, 30 Jan 2015 | 7:01 PM ET

    SARASOTA, United States- Federal Reserve Bank of Atlanta Executive Vice President David Altig and Federal Reserve Bank of Dallas Senior Vice President Mine Yucel participate in "The Economic Outlook, Monetary Policy and Energy: Thoughts from Federal Reserve Research Directors" event hosted by the New College of Florida and the Global Interdependence...

  • Mayors of several New Jersey shore towns are joining with members of Congress from the state to oppose allowing oil drilling in the Atlantic Ocean. While some officials in the region closest to the drilling support the concept, officials from New Jersey are vigorously opposing it, arguing that the U.S. should be pushing for more renewable energy and that it's...

  • ATLANTIC CITY, N.J.— The battle for the future of the Trump Taj Mahal casino heated up Friday as the National Labor Relations Board urged a judge to restore workers' benefits and soon-to-be-owner Carl Icahn said the cuts are "an essential sacrifice that must be made" to keep the casino open. About 100 union members hand-delivered a letter to Icahn's Manhattan...

  • 5 groups vying for Massachusetts' final casino license Friday, 30 Jan 2015 | 12:32 PM ET

    BOSTON— The competition for Massachusetts' final casino license, reserved for the state's southeast region, is slowly coming into focus, as state regulators announced on Friday that Mass Gaming& Entertainment had met the application deadline. The company, an affiliate of Chicago- based Rush Street Gaming, joins New York- based KG Urban Enterprises, as potential...

  • Cape Bancorp posts 4Q profit Friday, 30 Jan 2015 | 10:11 AM ET

    NEW JERSEY, N.J. _ Cape Bancorp Inc. on Friday reported fourth-quarter earnings of $1 million. On a per-share basis, the New Jersey, New Jersey- based company said it had net income of 9 cents. Cape Bancorp shares have decreased 6.5 percent since the beginning of the year.

  • Lakeland Bancorp posts 4Q profit Friday, 30 Jan 2015 | 9:36 AM ET

    OAK RIDGE, N.J. _ Lakeland Bancorp Inc. on Friday reported fourth-quarter earnings of $7.9 million. Lakeland Bancorp shares have declined 8 percent since the beginning of the year. Keywords: Lakeland Bancorp, Earnings Report.

  • Provident Financial meets 4Q profit forecasts Friday, 30 Jan 2015 | 8:27 AM ET

    JERSEY CITY, N.J. _ Provident Financial Services Inc. on Friday reported fourth-quarter net income of $21.2 million. The Jersey City, New Jersey- based company said it had profit of 34 cents per share. The average estimate of analysts surveyed by Zacks Investment Research was also for earnings of 34 cents per share.

  • KCG posts 4Q profit Friday, 30 Jan 2015 | 7:40 AM ET

    JERSEY CITY, N.J. _ KCG Holdings Inc. on Friday reported fourth-quarter net income of $26.1 million, after reporting a loss in the same period a year earlier. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 20 cents per share. Analysts expected $344.5 million, according to Zacks.

  • Investors Bancorp tops 4Q profit forecasts Thursday, 29 Jan 2015 | 7:28 PM ET

    SHORT HILLS, N.J. _ Investors Bancorp Inc. on Thursday reported fourth-quarter net income of $43.1 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 11 cents per share. Investors Bancorp shares have decreased roughly 3 percent since the beginning of the year.

  • Selective Insurance posts 4Q profit Thursday, 29 Jan 2015 | 7:01 PM ET

    BRANCHVILLE, N.J. _ Selective Insurance Group Inc. on Thursday reported fourth-quarter profit of $41.4 million. Selective Insurance shares have dropped almost 1 percent since the beginning of the year. Keywords: Selective Insurance, Earnings Report.

  • Lawmakers: Cut taxes for stars who play 4 nights in AC Thursday, 29 Jan 2015 | 4:32 PM ET

    ATLANTIC CITY, N.J.— Stars who play at least four nights in Atlantic City would be freed from having to pay state income taxes on all shows in the state that year under the latest proposal to revive the struggling seaside resort. Tom Kean Jr. and James Whelan introduced legislation Thursday designed to spur in Atlantic City the kind of artist-in-residency that big...

  • C.R. Bard beats Street 4Q forecasts Thursday, 29 Jan 2015 | 4:31 PM ET

    MURRAY HILL, N.J. _ C.R. Bard Inc. on Thursday reported fourth-quarter profit of $134.2 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of $2.24 per share. C.R. Bard shares have increased 6 percent since the beginning of the year, while the Standard& Poor's 500 index has declined roughly 2 percent.

  • Chubb tops 4Q profit forecasts Thursday, 29 Jan 2015 | 4:18 PM ET

    WARREN, N.J. _ Chubb Corp. on Thursday reported fourth-quarter profit of $558 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of $2.16 per share. Chubb expects full-year earnings in the range of $7.35 to $7.65 per share.

  • Atlantic City casino workers demonstrated outside the New York City offices of billionaire investor Carl Icahn on Thursday to protest the elimination of benefits at a casino he is poised to acquire. He is taking over the bankrupt Trump Entertainment Resorts, which owns the Trump Taj Mahal casino. "I feel like we made our point," said Valerie McMorris, a cocktail...

  • US STOCKS-Wall St gains in choppy trading Thursday, 29 Jan 2015 | 2:18 PM ET

    *Alibaba shares tumble after results, Yahoo follows. NEW YORK, Jan 29- U.S. stocks were up in a volatile session on Thursday as oil futures pared their losses and strong job market data helped offset weak earnings reports from companies such as Alibaba and Qualcomm. Shares in Chinese internet giant Alibaba Group dropped 9 percent to $89.46 after revenue missed...

  • NEW YORK/ LONDON, Jan 29- Gold prices tumbled more than 2 percent to a two-week low on Thursday, while silver fell more than 6 percent and platinum more than 3 percent as the U.S. That's what's turned gold down here, "said Bill O'Neill, co-founder of commodities investment firm LOGIC Advisors in Upper Saddle River, New Jersey. Spot gold fell to a two-week low of $1,251.86...

  • DES MOINES, Iowa— Closing in on a decision about whether to again run for president, Mitt Romney is finding that several past major fundraisers and donors in key states have defected to former Florida Gov. The donors, in interviews with The Associated Press, said they see in Bush what they liked about Romney in 2012, namely what they believe it takes to serve...