GO
Loading...

New Jersey

More

  • 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...

  • *Alibaba shares tumble after results, Yahoo follows. The decline took shares of Yahoo, which said earlier this week it will spin off its Alibaba stake, down 5.9 percent to $43.72. "Alibaba is growing more slowly than thought, and it's a stock a lot of people want to own," said Kim Forrest, senior equity research analyst at Fort Pitt Capital Group in Pittsburgh.

  • TRENTON, N.J.— The state Senate president said Thursday that Republican Gov. Chris Christie is trying to force Atlantic City into bankruptcy, and he threatened to go to court if that's what the men appointed to revive the beleaguered gambling resort's finances try to do. Speaking at a New Jersey Conference of Mayors meeting, Sweeney told Republican Atlantic City...

  • Hard Rock gets preliminary OK to enter New Jersey market Thursday, 29 Jan 2015 | 11:51 AM ET

    ATLANTIC CITY, N.J.— The company that has populated the globe with Hard Rock casinos and restaurants received preliminary approval to enter the Atlantic City casino market. And although the approval does not yet extend to other areas of the state where casinos may someday be legal, Seminole Hard Rock Entertainment is looking at the Meadowlands outside New York...

  • Senate panel approves Iran sanctions bill Thursday, 29 Jan 2015 | 11:18 AM ET

    WASHINGTON— A bill that would levy tough new sanctions on Iran if it fails to sign an agreement to curb its nuclear program cleared a Senate committee on Thursday. Republican and Democratic members of the Senate Banking, Housing and Urban Affairs Committee voted 18-4 to pass the bill aimed at ramping up economic pressure on Iran starting in July if it doesn't ink...

  • 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.

  • TRENTON, N.J.— Police departments in New Jersey might have new rules to follow before acquiring military surplus equipment from the federal government. Police use of military equipment, acquired through a program within the Pentagon, drew criticism after police in Missouri used it to quell protests. Police departments in New Jersey have received more than $50...

  • Ex-treasury chief bullish on economy at pension panel Thursday, 29 Jan 2015 | 5:52 AM ET

    TRENTON, N.J.— Former Treasury Secretary Timothy Geithner told New Jersey's pension panel on Thursday that he is optimistic about the nation's economy but cautioned the world can be "messy." Geithner testified before the State Investment Council, keeping his comments broad and focused on the U.S. economy. Chris Christie are debating how to fund behind the scenes,...

  • 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...