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  • ATLANTIC CITY, N.J.— By most accounts, the Borgata has been Atlantic City's golden goose, providing the most jobs and tax revenue in the seaside gambling resort. The Borgata is refusing to make a $7.2 million tax payment due Wednesday; it is owed more than $170 million in tax appeals it has won from Atlantic City, and the city says it can't pay that much.

  • SOMERSET, N.J. _ Catalent Inc. on Tuesday reported fiscal second-quarter net income of $30.7 million. Catalent expects full-year revenue in the range of $1.78 billion to $1.84 billion. Catalent shares have declined 16 percent since the beginning of the year.

  • Phibro posts 2Q profit 21 Hours Ago

    TEANECK, N.J. _ Phibro Animal Health Corp. on Tuesday reported fiscal second-quarter net income of $30.2 million. On a per-share basis, the Teaneck, New Jersey- based company said it had net income of 75 cents. Keywords: Phibro Animal Health, Earnings Report.

  • TRENTON, N.J.— New Jersey's minimum wage would rise to $15 over eight years and employers who pay above the rate could qualify for a tax credit under a proposal unveiled Tuesday by Senate President Steve Sweeney. Democratic Assembly Speaker Vincent Prieto unveiled a proposal last week to increase the wage to $15 immediately. Prieto said he wants to see greater...

  • *Stock indexes extend decline to third straight day. *Index of top European shares hits lowest since Sept' 13. NEW YORK, Feb 9- Stock indexes worldwide tumbled for the third straight session on Tuesday on fears of slowing global growth, with particular concern around the health of the banking sector, while benchmark U.S.

  • *Oil prices reverse course to trade lower. *Viacom lower after revenue misses estimates. Feb 9- Wall Street eked out small gains in early trading on Tuesday, easing off a lower opening, as a drop in energy and financial stocks was offset by a rebound in the technology sector.

  • Asta Funding posts 1Q profit Tuesday, 9 Feb 2016 | 8:21 AM ET

    ENGLEWOOD CLIFFS, N.J. _ Asta Funding Inc. on Tuesday reported fiscal first-quarter profit of $1.8 million. Asta Funding shares have fallen almost 9 percent since the beginning of the year. Keywords: Asta Funding, Earnings Report.

  • Wyndham misses 4Q profit forecasts Tuesday, 9 Feb 2016 | 6:47 AM ET

    PARSIPPANY, N.J.— Wyndham Worldwide Corp. on Tuesday reported fourth-quarter profit of $140 million. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 99 cents per share. Four analysts surveyed by Zacks expected $1.29 billion.

  • MIAMI— Federal transportation officials might soon be looking into a Royal Caribbean cruise ship that ran into high winds and rough seas in the Atlantic Ocean over the weekend. Bill Nelson has called for the National Transportation Safety Board to investigate the voyage that forced frightened passengers into their cabins overnight Sunday as their...

  • DIARY-Top Economic Events to Feb 21 Monday, 8 Feb 2016 | 7:01 PM ET

    Comptroller of the Currency Thomas Curry speaks at luncheon before the 2016 National Interagency Community Reinvestment Conference, "Pathways to Economic Opportunity," sponsored by the Federal Reserve Bank of San Francisco, Federal Deposit Insurance Corp, Office of the Comptroller of the Currency and the Community Development Financial Institutions...

  • NEW YORK, Feb 8- Pernix Therapeutics Holdings Inc, a U.S. specialty pharmaceutical company, is exploring strategic alternatives, including a potential sale, people familiar with the matter said on Monday. The Morristown, New Jersey- based drugmaker is working with investment bank Perella Weinberg Partners LP, the people said. Pernix shares jumped as much as 17...

  • US STOCKS-Wall St extends losses in broad selloff Monday, 8 Feb 2016 | 3:11 PM ET

    *U.S. banks follow European peers lower. Feb 8- U.S. stocks added to losses in late Monday trading in a broad selloff that drove financial, tech, consumer and materials indexes down more than 3 percent amid persistent fears of a global slowdown. "When you see selling this broad and nondiscriminant, when everything is being sold, it tends to end when it just exhausts...

  • Feb 8- Pernix Therapeutics Holdings Inc, a U.S. specialty pharmaceutical company, is exploring strategic alternatives, including a potential sale, people familiar with the matter said on Monday. The Morristown, New Jersey- based drugmaker is working with investment bank Perella Weinberg Partners LP, the people said. The process is still in its early stages and...

  • A bill to hold a referendum in November on casino expansion has been approved by committees in the Senate and Assembly, which took the most recent vote Monday morning. The referendum would amend the state Constitution to permit casino gambling outside of Atlantic City. Assemblyman Chris Brown, an Atlantic City- area Republican, said voters need to know how much...

  • ALBANY, N.Y.— When the emergency room fills up— whether it's a big accident, flu season or a stroke of misfortune— Brooklyn nurse Rose Green says she can find herself sprinting from room to room, trying to keep ahead of the whims of calamity. California already has such a law, and the proposal has been debated in New York for years. Hospitals and nursing homes estimate the...

  • Aoxing posts 2Q profit Monday, 8 Feb 2016 | 9:24 AM ET

    JERSEY CITY, N.J. _ Aoxing Pharmaceutical Co. on Monday reported fiscal second-quarter profit of $2.1 million. The Jersey City, New Jersey- based company said it had net income of 3 cents per share. Keywords: Aoxing Pharmaceutical, Earnings Report.

  • *Sees Q1 revenue $3.18 bln- $3.24 bln vs est $3.32 bln. New Jersey- based Cognizant said it expects adjusted profit of between 78- 80 cents per share and revenue of $3.18 billion- $3.24 billion for the three months ending March. Analysts on average were expecting a profit of 81 cents per share and revenue of $3.32 billion for the first quarter, according to Thomson...

  • Cognizant beats 4Q profit forecasts Monday, 8 Feb 2016 | 6:23 AM ET

    TEANECK, N.J. _ Cognizant Technology Solutions Corp. on Monday reported fourth-quarter net income of $423.4 million. The average estimate of 13 analysts surveyed by Zacks Investment Research was for earnings of 78 cents per share. Eleven analysts surveyed by Zacks expected $3.24 billion.

  • MANCHESTER, N.H., Feb 7- Republican contender Marco Rubio struggled at a presidential debate on Saturday at the worst possible time, potentially confounding his bid to emerge as Donald Trump's chief rival in New Hampshire and giving hope to three rivals desperate for a strong showing. While Rubio recovered later in the debate, the timing of his performance was...

  • WASHINGTON, Feb 6- The United States vowed on Saturday to take all necessary actions to defend itself and its allies following a North Korean rocket launch, and said it would seek "significant measures" in the U.N. Security Council to hold North Korea to account. North Korea said the rocket carried a satellite, but its efforts have raised strong suspicion in...