New York Community Bank

Earnings July 14, 2020

Earnings lag, but Park Aero, MSC Industrial press on

PARK AEROSPACE CORP. Headquarters: Westbury Industry: Composites manufacturing NYSE: PKE Reporting Date July. 9, 2020 Reporting Quarter: 1Q FY2021 Quarter Ended: May 31, 2021 Numbers: First-quarter sales were reported as $12.2 million, an 18.1 percent drop from the $14.9 million reported for the same quarter last fiscal year. Quarterly net earnings also fell sharply year-over-year – from $2.58 million in FY2020 to $1.95 million in 1Q FY2021, a 24.4 percent plunge – with both…

Newsletters February 5, 2020

No. 472: On videogames, infectious diseases and historic blizzards (and the return of Capt. Picard)

Center piece: Welcome to Wednesday, dear readers, as we reach the middle of another busy workweek – and the exact midpoint of the blessedly mild (at least in these parts) Winter of 2020. That makes it Feb. 5 out there, giving you plenty of interesting options – it’s National Chocolate Fondue Day, Western Monarch Day (celebrating the butterfly, not the royals) and National Shower With a Friend Day (which isn’t as exciting as it…

Newsletters February 1, 2019

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…

Finance October 24, 2015

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…