Orbit International Corp.

NYCB rises above pandemic with ‘impressive’ 2Q

  NEW YORK COMMUNITY BANCORP INC. Headquarters: Westbury Industry: Finance NYSE: NYCB Reporting Date: July 29, 2020 Reporting Quarter: 2Q FY2020 Quarter Ended: June 30, 2020  Numbers: Net income for the second quarter was reported as $105.3 million, an 8.3 percent rise above the $97.2 million reported for the same quarter last fiscal year. Total quarterly revenues (up 10.1 percent, to $281.2 million) and net income available to shareholders (up 9 percent, to $97.1 million)…


No. 513: On research funding in a crisis, Christmas in June and baseball (in August, maybe)

  June swoon: Welcome to Friday, dear readers, as we wrap up a sultry workweek in Phase 3 of Long Island’s pandemic recovery and anticipate the first full weekend of Summer 2020. Independent thought: It’s June 26 out there, which is of course Independence Day in both Madagascar and Somalia. Here in the States, Independence Day is one week from tomorrow – and with that in mind, Innovate LI will be taking next week to…


No. 334: On waffles, NATO, Estée Lauder and ocean acidity – plus feeding healthier pets, one ingredient at a time

Mission accomplished: You set out on Monday to complete another summer workweek, dear readers, and here you are – it’s Friday, Aug. 24, and another well-earned weekend dawns. Listen to this: It’s also International Strange Music Day, an annual event designed to broaden musical tastes by getting people to listen to music they’ve never heard before. To that end, put your hands together for Swedish folktronica band Wintergatan, and the amazing marble music machine! Somehow,…


No. 290: A gift for Adelphi, a world leader for Old Westbury, achieving Orbit and learning Klingon

Marching on: That’s another workweek in the books, dear readers, and just four days to go until the official start of spring (the 2018 Spring Equinox occurs at 12:15 p.m. Tuesday in our Northern Hemisphere). Pay no attention to that talk of another nor’easter bringing snow to Long Island Tuesday night. Not going to happen. Nope. Proper introductions: It’s March 16 out there, a big date for historical launches – the U.S. Military Academy at…


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…