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  • Valley National posts 4Q profit Thursday, 29 Jan 2015 | 10:15 AM ET

    WAYNE, N.J. _ Valley National Bancorp on Thursday reported fourth-quarter net income of $25.1 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 12 cents per share. Analysts expected $142.3 million, according to Zacks.

  • *Alibaba shares fall after results, Yahoo follows. Alibaba Group shares fell 8.3 percent in premarket trading after it posted revenue that missed Wall Street expectations. The decline took shares of Yahoo, which announced the spinoff of its Alibaba stake Wednesday, down 7.3 percent.

  • Celgene tops 4Q profit forecasts Thursday, 29 Jan 2015 | 9:09 AM ET

    SUMMIT, N.J. _ Celgene Corp. on Thursday reported fourth-quarter net income of $613.9 million. Celgene expects full-year earnings in the range of $4.60 to $4.75 per share. Celgene shares have increased 9.5 percent since the beginning of the year, while the Standard& Poor's 500 index has fallen almost 3 percent.

  • New Jersey dispensary workers file unfair labor charges Thursday, 29 Jan 2015 | 8:53 AM ET

    United Food and Commercial Workers Union Local 152 says a majority of the 11 employees at the Compassionate Care Foundation in Egg Harbor Township have filed unfair labor practice charges with the National Labor Relations Board. Brian String, the president of Local 152, told The Philadelphia Inquirer that the dispensary was using "tricks from the usual...

  • Quest Diagnostics tops Street 4Q forecasts Thursday, 29 Jan 2015 | 7:51 AM ET

    MADISON, N.J. _ Quest Diagnostics Inc. on Thursday reported fourth-quarter earnings of $190 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of $1.05 per share. Quest Diagnostics expects full-year earnings in the range of $4.70 to $4.85 per share.

  • Northfield meets 4Q profit forecasts Wednesday, 28 Jan 2015 | 7:42 PM ET

    WOODBRIDGE, N.J. _ Northfield Bancorp Inc. on Wednesday reported fourth-quarter net income of $4.9 million. The Woodbridge, New Jersey- based company said it had profit of 11 cents per share. The average estimate of analysts surveyed by Zacks Investment Research was also for earnings of 11 cents per share.

  • Kearny posts 2Q profit Wednesday, 28 Jan 2015 | 7:24 PM ET

    FAIRFIELD, N.J. _ Kearny Financial Corp. on Wednesday reported fiscal second-quarter profit of $2.2 million. On a per-share basis, the Fairfield, New Jersey- based company said it had profit of 3 cents. The holding company for Kearny Federal Savings Bank posted revenue of $21.3 million in the period.

  • DIARY- Top Economic Events to Feb 11 Wednesday, 28 Jan 2015 | 7:01 PM ET

    FAIRFAX, United States- Federal Reserve Board Governor Daniel Tarullo speaks on "Advancing Macroprudential Policy Objectives" before the Office of Financial Research and Financial Stability Oversight Council 4th Annual Conference: Evaluating Macroprudential Tools: Complementarities and Conflicts "- 1745 GMT. SARASOTA, United States- Federal Reserve...

  • WILMINGTON, Del.— A federal judge in Delaware approved $20 million in new bankruptcy financing Wednesday for Trump Entertainment Resorts from billionaire investor Carl Icahn as the company continues to work to keep the struggling Taj Mahal casino in Atlantic City, New Jersey, open. Bankruptcy Judge Kevin Gross approved the debtor-in-possession financing...

  • The suburban Philadelphia- based chain says Wednesday it's contracting with a Middle East food executive to open 46 stores in the next decade in Turkey, Egypt, Saudi Arabia and five other Arab nations. Rita's contractor Faysal Younes, who formerly worked with Starbucks, says the Middle East's warm climate makes it a natural market for Rita's sweet, frozen...

  • CVS Pharmacy to pay New Jersey $500,000 to settle dispute Wednesday, 28 Jan 2015 | 1:57 PM ET

    TRENTON, N.J.— CVS Pharmacy will pay New Jersey more than $500,000 as part of a settlement to protect consumers from buying medications and other items exposed to elevated temperatures for prolonged periods of time. It follows two separate 2012 incidents in which CVS pharmacies in Scotch Plains and Clark experienced air conditioning outages for multiple...

  • Romney takes aim at Obama, Clinton in Mississippi Wednesday, 28 Jan 2015 | 1:09 PM ET

    STARKVILLE, Miss.— Mitt Romney hasn't officially declared himself a presidential candidate again, but the 2012 Republican nominee looked and sounded like one during a stop Wednesday in Mississippi, back-slapping at a popular barbecue joint before delivering a speech that questioned Democrat Hillary Rodham Clinton's foreign policy and economic...

  • Former Revel casino gets big tax break for 2015 Wednesday, 28 Jan 2015 | 12:20 PM ET

    The former Atlantic City casino is getting a big tax break this year under a settlement it reached with the city and will see its property tax assessment for 2015 be reduced from $625 million to $225 million. It is being sold to Florida developer Glenn Straub for $95.4 million. Chris Filiciello, a spokesman for Atlantic City Mayor Don Guardian, defended the...

  • MARSHFIELD, Mass., Jan 28- Ocean Street in the waterfront Massachusetts town of Marshfield was littered with lobster traps, downed wires and chunks of houses on Wednesday, the day after a massive blizzard hammered New England. Notably absent was much of the 2 feet of snow that blanketed much of the Boston area, since for much of the storm, Ocean Street was under water...

  • New England digs out from massive blizzard Wednesday, 28 Jan 2015 | 9:32 AM ET

    In Massachusetts, which was hit particularly hard, a record-breaking 34.5 inches of snow fell in Worcester, and the 24.4 inches at Boston's Logan International Airport approached record proportions, NWS officials said. Boston- area trains, buses and subways were set to resume normal service, although delays were predicted for the morning commute.

  • ConnectOne posts 4Q profit Wednesday, 28 Jan 2015 | 8:39 AM ET

    ENGLEWOOD CLIFFS, N.J. _ ConnectOne Bancorp Inc. on Wednesday reported fourth-quarter profit of $8 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 34 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.

  • Hudson City Bancorp beats 4Q profit forecasts Wednesday, 28 Jan 2015 | 8:21 AM ET

    PARAMUS, N.J. _ Hudson City Bancorp Inc. on Wednesday reported fourth-quarter net income of $39.1 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 5 cents per share. Hudson City Bancorp shares have decreased almost 9 percent since the beginning of the year, while the Standard& Poor's 500 index has decreased...

  • CommVault meets 3Q profit forecasts Wednesday, 28 Jan 2015 | 7:57 AM ET

    OCEANPORT, N.J. _ CommVault Systems Inc. on Wednesday reported fiscal third-quarter net income of $3.1 million. The average estimate of analysts surveyed by Zacks Investment Research was also for earnings of 34 cents per share. CommVault shares have decreased 8 percent since the beginning of the year.

  • CINCINNATI— The owners of a $4 million suburban mansion that burned to the ground last year are suing their insurance company for almost $60 million, saying it didn't honor their claims. Court documents show homeowners Jeffrey and Maria Decker sued Chubb National Insurance Co. this month in Hamilton County Common Pleas Court. Chubb doesn't comment on claims...

  • Between the 2009 and 2013 fiscal years, funding for a wide swath of discretionary grant programs, from Head Start preschool education to anti drug initiatives, fell by an average of 40 percent in Republican-leaning states like Texas and Mississippi. By contrast, funding to Democratic-leaning states such as California and politically competitive swing...