New York Community Bank

With big sale looming, Park Electrochemical shines

  PARK ELECTROCHEMICAL CORP. Headquarters: Melville Industry: Composites manufacturing NYSE: PKE Reporting Date: June 22, 2018 Reporting Quarter: 1Q FY2019 Quarter Ended: May 27, 2018 Numbers: Reported first-quarter net sales were $31.1 million, up 13.5 percent from the $27.4 million reported for the same quarter last year. Quarterly net earnings (before special items) were reported as $3.16 million, a 127-percent year-over-year increase, and diluted earnings per share came in at 16 cents, up from the…


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…