New York Community Bank

With disappointing 2Q, bumpy takeoff for Park Aero

  PARK AEROSPACE CORP. Headquarters: Melville Industry: Composites manufacturing NYSE: PKE Reporting Date: Oct. 10, 2019 Reporting Quarter: 2Q FY2020 Quarter Ended: Sept. 1, 2019 Numbers: Second-quarter sales were reported as $13.7 million, a 22.3 percent increase from the $11.2 million reported for the same quarter last fiscal year. But quarterly net earnings (down 22.2 percent, to $2.1 million) and both basic and diluted earnings per share (each down from 13 to 10 cents) were…


No. 377: Loosing fateful lightning, reshaping SBU’s innovation ecosystem and (sadly) remembering the Islanders fisherman

  That happened fast: Welcome to Friday, dear reader, and welcome to February – one month down already! It’s Feb. 1 out there, which means a) Tom Brady is gearing up somewhere for another ill-gained Super Bowl, and b) It’s National Freedom Day in the United States, honoring Abraham Lincoln’s signing of a resolution that later became the slavery-busting 13th Amendment. Not coincidentally: It’s also the start of U.S. Black History Month, so designated by…


No questions, please, at First Niagara

First Niagara Financial Group announced earnings of 15 cents a share on Friday, in line with expectations. But the big question was about the Buffalo-based bank’s future, specifically a rumored sale to Long Island’s New York Community Bank Corp. or Canada’s TD Bank, also with a large Island presence. And, no surprise, there was no big answer to the big question. “First Niagara has a long-standing policy that we simply do not comment on market rumors or…