New York Community Bank

In space, no one can hear Comtech scream (with joy)

  COMTECH TELECOMMUNICATIONS CORP. Headquarters: Melville Industry: Technology Nasdaq: CMTL Reporting Date: Dec. 4, 2019 Reporting Quarter: 1Q FY2020 Quarter Ended: Oct. 31, 2019 Numbers: Net sales for the first quarter were reported as $170.3 million, a 5.9 percent increase over the $160.8 million reported for the same quarter last fiscal year. Quarterly net income skyrocketed more than 84 percent – from $3.46 million in 1Q FY2019 to $6.38 million this year – and both…


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…