Lifetime Brands

No. 258: Northwell’s big week, Winthrop’s ambitious diabetes study and the Center on Rural Innovation

Welcome, dear readers: To another Wednesday edition of your exclusive Innovate LI newsletter, coming to you on this Ides of November. Before we highlight another busy week in Long Island socioeconomics, a gentle reminder to send your congratulations, corrections and questions to editor@innovateli.com. We love hearing from you. It’s Nov. 15 out there: On which we remember late greats including German-British Astronomer William Herschel (born 1738, discovered Uranus and a bunch of moons), American artist…


Orbit rises above ‘issues,’ but Lifetime suffers 3Q loss

  ORBIT INTERNATIONAL CORP. Headquarters: Hauppauge Industry: Capital goods OTC: ORBT Reporting Date: Nov. 9, 2017 Reporting Quarter: 3Q FY2017 Quarter Ended: Sept. 30, 2017 Numbers: Net sales were reported as $5.00 million, down 8.8 percent from the $5.48 million reported for 3Q FY2016. But year-over-year reported net income rose – from $455,000 (11 cents per diluted share) to $699,000 (19 cents per diluted share) – and earnings before EBITDA held virtually steady ($507,000 and…


Acquisition a perfect ‘Fitz’ for Lifetime Brands

 By GREGORY ZELLER // A major league home-goods distributor based on Long Island has added a Pennsylvania ceramics expert to its collection. Lifetime Brands Inc., a leading global provider of kitchenware and tableware, announced this week that it has acquired Newtown-based Fitz and Floyd Inc., which designs, markets and distributes branded tabletop products and decorative ceramic collections. Terms of the deal were not disclosed. Fitz and Floyd President and CEO Steven Baram will join Lifetime…