There are lots of ways fungus could have gotten inside the Massachusetts compounding pharmacy whose steroid medication has been linked to a lethal outbreak of a rare fungal form of meningitis. Company spokesman Andrew Paven said by email that criminal investigators from the Food and Drug Administration were at the pharmacy in Framingham, Mass., on Tuesday.
Realogy priced 40 million shares at $27 apiece, and the stock soared more than 25 percent in its trading debut on Thursday. Realogy on Tuesday announced the IPO's closing, and said that the $1.2 billion raised was net of underwriters' discounts and commissions, as well as estimated offering expenses.
BOSTON-- Investors, concerned about PNC Financial Services Group Inc.' s ability to grow profit amid record-low interest rates and increasing expenses, drove down the bank's shares Tuesday after its third-quarter results.
NEW YORK-- Shares of Tumi, which makes pricey luggage, fell Tuesday after the company said some shareholders, including the company's CEO and CFO, plan to sell stock.
TRENTON, N.J.-- A New Jersey Senate panel narrowly passed a resolution Monday that would ask voters to approve a minimum wage increase next year along with automatic yearly adjustments.
CONCORD, N.H.-- The New Hampshire attorney general's office says it's been notified that TD Bank's potential data breach could affect 43,750 customers in New Hampshire. TD Bank says it's monitoring the situation. TD Bank has eight million customers.
Johnson& Johnson's third-quarter profit fell 7 percent as litigation and acquisition costs and factory upgrade expenses related to its consumer product recalls offset higher medicine and medical device sales.
MONTPELIER, Vt.-- Don't let the bright eyes and bushy tails fool you. In southern Vermont, Clarence Boston said he hasn't seen such an infestation of pests in the 33 years he has been an orchardist on 60 farms in five states. This year's squirrel boom in parts of Vermont followed two seasons of bountiful acorn and beechnut crops and last year's mild winter.
SHORT HILLS, N.J.-- Investors Bancorp Inc. has closed on its $135 million acquisition of Marathon Banking. "The addition of Marathon more than doubles our branch network in the New York market and provides opportunities for us to enhance our commercial franchise," Investors Bancorp President and CEO Kevin Cummings said in a statement.
The NCAA announced Monday that it would find new hosts for five championships scheduled to be held in New Jersey next year.
TRENTON, N.J.-- New Jersey's Health Department says it's issuing its first license to allow a medical marijuana dispensary to open. Officials announced Monday that Greenleaf Compassionate Care Center in Montclair has cleared all the hurdles to open. Health Commissioner Mary O'Dowd says she expects the dispensary will not be able to open immediately.
TRENTON, N.J.-- New Jersey Senate President Steve Sweeney says minimum wage increases should not be decided by politicians. It would ask voters to raise the wage by $1, to $8.25 per hour, and tie yearly increases to national economic data, called indexing. The Gloucester County Democrat says he decided to try to amend the constitution after Gov.
NEW YORK-- An Oppenheimer& Co. analyst downgraded shares of Celgene Corp. on Monday, saying he thinks the biotechnology company is getting ready to make some pricey new acquisitions. Peaker said he expects continued growth in sales of the cancer drug Revlimid, Celgene's biggest product, in the coming years.
WASHINGTON-- Nearly six in 10 Medicare recipients would pay higher premiums under a hypothetical privatized system along the lines of what Republican presidential candidate Mitt Romney has proposed, according to a study released Monday.
NEWARK, N.J.-- New Jersey Transit will stop providing free rides for some employees and retirees. NJ Transit says the move could bring in an additional $1.6 million annually. Similar measures have been approved by the New Jersey Turnpike Authority, Delaware River Port Authority and Port Authority of New York and New Jersey.
The shows will take place on Nov. 25 and 29 at London's O2 Arena, followed by gigs on Dec. 13 and 15 at the Prudential Center in Newark, New Jersey, just outside of New York. The shows mark the first time in five years that the Stones have performed live, with Mick Jagger, Keith Richards, Charlie Watts and Ronnie Wood all coming together once more.
NEWARK, N.J.-- The Rolling Stones are coming to "The Rock." Mick Jagger and the band will perform two concerts at Newark's Prudential Center on Dec. 13 and 15.. Presale tickets will be available at noon on Oct. 20.
NEWARK, N.J.-- New Jersey Transit officials may soon decide whether they will stop providing free rides for some employees and retirees. NJ Transit says the move could bring in an additional $1.6 million annually. Similar measures have been approved by the New Jersey Turnpike Authority, Delaware River Port Authority and Port Authority of New York and New Jersey.
TRENTON, N.J.-- A pet food company is voluntarily recalling dog treats that could be contaminated with salmonella.
NECC was founded in 1998 by Barry Cadden and Gregory Conigliaro as a compounding pharmacy, a laboratory that custom-mixes solution, creams and other medicines in dosages and forms that often are unavailable from pharmaceutical companies.