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  • Monmouth reports 2Q results Wednesday, 6 May 2015 | 7:45 PM ET

    FREEHOLD, N.J. _ Monmouth Real Estate Investment Corp. on Wednesday reported a key measure of profitability in its fiscal second quarter. The real estate investment trust, based in Freehold, New Jersey, said it had funds from operations of $8.4 million, or 14 cents per share, in the period. The company said it had net income of $2.7 million, or 4 cents per share.

  • Checkpoint reports 1Q loss Wednesday, 6 May 2015 | 7:15 PM ET

    THOROFARE, N.J. _ Checkpoint Systems Inc. on Wednesday reported a loss of $745,000 in its first quarter. Checkpoint expects full-year earnings in the range of 40 cents to 50 cents per share, with revenue in the range of $575 million to $625 million. Keywords: Checkpoint Systems, Earnings Report.

  • Clifton Bancorp posts 4Q profit Wednesday, 6 May 2015 | 6:43 PM ET

    CLIFTON, N.J. _ Clifton Bancorp Inc. on Wednesday reported profit of $3.5 million in its fiscal fourth quarter. Clifton Bancorp shares have climbed roughly 1 percent since the beginning of the year. Keywords: Clifton Bancorp, Earnings Report.

  • Former controller Kevyn Rakowski and former chief credit officer William North were charged by the Justice Department with making false statements to the Federal Reserve and the Securities and Exchange Commission for allegedly underreporting the number of loans at least 90 days past due in late 2009.. The SEC brought related civil charges against...

  • Tumi meets 1Q profit forecasts Wednesday, 6 May 2015 | 6:03 PM ET

    SOUTH PLAINFIELD, N.J. _ Tumi Holdings Inc. on Wednesday reported first-quarter net income of $6.4 million. Tumi expects full-year earnings to be 90 cents to 95 cents per share. Tumi shares have fallen slightly more than 1 percent since the beginning of the year.

  • Immunomedics reports 3Q loss Wednesday, 6 May 2015 | 5:15 PM ET

    MORRIS PLAINS, N.J. _ Immunomedics Inc. on Wednesday reported a loss of $11.8 million in its fiscal third quarter. The average estimate of three analysts surveyed by Zacks Investment Research was also for a loss of 13 cents per share. Three analysts surveyed by Zacks expected $1.1 million.

  • Fed Chair Janet Yellen said on Wednesday that equity market valuations are "generally quite high," saying there are "potential dangers" with where shares are trading. "As talented a person as Janet Yellen is, I wouldn't necessarily use her as my portfolio advisor for equities," said Rick Meckler, president of investment firm LibertyView Capital Management in...

  • Prudential beats Street 1Q forecasts Wednesday, 6 May 2015 | 4:15 PM ET

    NEWARK, N.J. _ Prudential Financial Inc. on Wednesday reported first-quarter earnings of $2.04 billion. The average estimate of 12 analysts surveyed by Zacks Investment Research was for earnings of $2.41 per share. Five analysts surveyed by Zacks expected $10.87 billion.

  • Casinos forfeit $12,000 in winnings by underage patrons Wednesday, 6 May 2015 | 12:17 PM ET

    The casinos seized the money from patrons found to be under the legal gambling age of 21. The state Gaming Enforcement Division ordered them to forfeit the winnings to a state fund for seniors and the disabled. The money was confiscated between February 2011 and August 2013 from 103 gamblers, most of whom were playing slot machines. The Tropicana handed over...

  • *Private employers add fewest jobs since Jan 2014. MoneyGram and Synageva soar on buyout offers. "This is certainly going to change expectations for Friday's numbers," said Joe Saluzzi, co-manager of trading at Themis Trading in Chatham, New Jersey.

  • Treasurer says revenues expected to exceed projections Wednesday, 6 May 2015 | 9:22 AM ET

    Chris Christie's administration will put the cash toward New Jersey's public pensions, his top treasury official said Wednesday. Christie appealed, and the state Supreme Court heard arguments in the case Wednesday. The government expects about $200 million more in tax revenue for the current fiscal year, Treasurer Andrew Sidamon-Eristoff told the...

  • *MoneyGram and Synageva soar on buyout offers. May 6- Wall Street was set to open higher on Wednesday as investors focused on healthy corporate earnings reports and a revival in dealmaking, shrugging off a rout in the global bond market and weaker-than-expected U.S. private jobs data. "This is certainly going to change expectations for Friday's numbers," said Joe...

  • Zais beats 1Q profit forecasts Wednesday, 6 May 2015 | 8:36 AM ET

    RED BANK, N.J. _ Zais Financial Corp. on Wednesday reported first-quarter net income of $374,000. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 46 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.

  • Vonage posts 1Q profit Wednesday, 6 May 2015 | 8:21 AM ET

    HOLMDEL, N.J. _ Vonage Holdings Corp. on Wednesday reported first-quarter profit of $7.5 million. Vonage expects full-year revenue in the range of $862 million to $877 million. Keywords: Vonage Holdings, Earnings Report.

  • Alexion Pharmaceuticals will pay a huge premium to buy Synageva BioPharma in an $8.4- billion deal for a rare disease treatment maker that lost nearly $60 million in the first quarter and has no products on the market. Synageva's pipeline of products under development includes Kanuma, a potential treatment that's currently being reviewed by the Food and...

  • Vitamin Shoppe misses Street 1Q forecasts Wednesday, 6 May 2015 | 6:15 AM ET

    NORTH BERGEN, N.J. _ Vitamin Shoppe Inc. on Wednesday reported first-quarter profit of $18.7 million. Vitamin Shoppe expects full-year earnings to be $2.05 to $2.25 per share. Vitamin Shoppe shares have fallen 13 percent since the beginning of the year.

  • Role of government powers at issue in pension case Wednesday, 6 May 2015 | 1:55 AM ET

    TRENTON, N.J.— New Jersey's top court weighed the budget repercussions of ruling on a pension dispute between Gov. Chris Christie and public workers' unions on Wednesday while one justice wondered if the state had engaged in a "bait and switch." The state Supreme Court probed whether the state has a contractual obligation to pay what it agreed to in a 2011 pension...

  • NEW YORK, May 6- Amy Paternite, a real estate agent in Maplewood, New Jersey, is getting used to hearing from clients in their late twenties and early thirties who say they never thought they would leave New York City for the suburbs. "They still want good restaurants, but now it's also about space, affordability and being able to send their kids to a good public school,"...

  • NEW YORK, May 5- The $3.7 trillion U.S. municipal bond market has been punishing New Jersey's debt, largely because of the state's underfunded pension system and growing retirement costs. On Wednesday, the state's supreme court will hear arguments about whether it was legal for Governor Chris Christie to slash $1.6 billion from New Jersey's 2015 pension...

  • Amicus Therapeutics reports 1Q loss Tuesday, 5 May 2015 | 5:33 PM ET

    CRANBURY, N.J. _ Amicus Therapeutics Inc. on Tuesday reported a loss of $24.3 million in its first quarter. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 14 cents per share. Amicus Therapeutics shares have increased 24 percent since the beginning of the year.