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Category Archives: Investing

Hovnanian’s headquarters, on Maple Avenue in Red Bank. (File photo. Click to enlarge) After going one-for-22, Red Bank-based national homebuilder Hovnanian Enterprises racked up a second consecutive net gain in itsContinue reading "HOV POSTS SECOND CONSECUTIVE PROFIT"
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September 7th, 2012 @ 7am
Remember: Nothing makes a Red Bank friend happier than to hear "I saw you on Red Bank Green!"
WHERE’D THE LOVE GO?
The former home of Love Lane Tuxedos is one of downtown Red Bank’s most persistent large vacancies. (Click to enlarge) By MIKE BARON WhereÂ’s the love for the old LoveContinue reading "WHERE’D THE LOVE GO?"
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May 3rd, 2012 @ 8am
The addition will connect two existing buildings while permitting vehicles to pass underneath. (Click to enlarge) By JOHN T. WARD Framed by talk about its positive effects on lunchtime restaurantContinue reading "‘FLOATING’ DOWNTOWN OFFICE WAFTS TO OK"
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January 20th, 2012 @ 10am
Hovnanian’s Red Bank HQ, as seen from the foot of Maple Avenue. Hovnanian Enterprise reported a $72.7 million loss as revenue fell in latest fiscal quarter. The deficit was worseContinue reading "MORE RED INK FOR RED BANK HOMEBUILDER"
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June 8th, 2011 @ 8am
Middletown police say they arrested a township-based employer Tuesday for theft of his workers’ Individual Retirement Account benefits. David Crosby, 56, of Murphy Road in the Port Monmouth section, wasContinue reading "BOSS BUSTED FOR EMPLOYEE BENEFIT THEFTS"
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April 14th, 2011 @ 12pm
A Lincroft rare-coin dealer has sold a World War II-era penny for $1.7 million, according to a report by Coin Update News. Legend Numismatics handled the sale of the coin,Continue reading "PENNY FETCHES 170,000,000 PENNIES"
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September 23rd, 2010 @ 7am
File photo of the company’s headquarters overlooking the Navesink River. (Click to enlarge) Homebuilder Hovnanian Enterprises slashed its net loss in its latest fiscal quarter, but still produced more redContinue reading "HOV BEATS OUTLOOK — IN WRONG DIRECTION"
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September 2nd, 2010 @ 5am
Forty-one-year-old financial advisor Stephen Severio of Fair Haven was sentenced to seven years in prison Friday after admitting that he defrauded clients out of more than $700,000, the Asbury ParkContinue reading "ADMITTED SCAMMER GETS SEVEN YEARS"
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August 16th, 2010 @ 9am
Hovnanian’s headquarters overlooking the Navesink River at Maple Cove. (Click to enlarge) The misery isn’t over at Red Bank-based national homebuilder Hovnanian Enterprises, despite a brief return to the blackContinue reading "HOV POSTS ANOTHER QUARTERLY LOSS"
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June 3rd, 2010 @ 8am
Two major newspapers take a peek today into the world of technology-driven stock trading— and its connection to a whipsaw drop and rebound in prices earlier this month — byContinue reading "ABOVE BROAD STREET, A WALL STREET SHAKER"
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May 17th, 2010 @ 5am
A stockbroker from Fair Haven is looking at seven years in prison under the terms of a plea deal he accepted yesterday for pocketing nearly $700,000 he swindled from 31Continue reading "FAIR HAVEN BROKER COPS TO $700K SCAM"
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February 17th, 2010 @ 7am
Hovnanian’s Red Bank HQ, as seen from the foot of Maple Avenue. Hovnanian Enterprises reported a fourth-quarter net loss of $250.8 million yesterday. That’s down from a net loss ofContinue reading "HOV REVENUE FELL BY HALF IN 2009"
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December 17th, 2009 @ 8am
One day after he pleaded guilty to federal charges arising from an $8 million investment scam, Fair Haven resident Maxwell Smith was in state court Wednesday, owning up to moreContinue reading "MONEY MAN ADMITS TO STATE FRAUD CHARGES"
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November 19th, 2009 @ 7am
Maxwell Smith, a 69-year-old financial advisor and Fair Haven resident, pleaded guilty to fraud charges yesterday, admitting he stole at least $8 million from clients. He faces up to 20Continue reading "FAIR HAVEN MAN ADMITS $8 MILLION SCAM"
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November 18th, 2009 @ 8am
A former broker at the Red Bank office of Merrill Lynch was indicted by a Monmouth County grand jury yesterday on charges that he swindled $500,000 from more than twoContinue reading "MERRILL BROKER INDICTED FOR FRAUD"
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September 11th, 2009 @ 5am
HOV POSTS 12TH CONSECUTIVE NET LOSS
Hovnanian’s HQ, at the foot of Maple Avenue in Red Bank. Homebuilder Hovnanian Enterprises has notched its third straight year in red ink, according to data released Wednesday. The glimmerContinue reading "HOV POSTS 12TH CONSECUTIVE NET LOSS"
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September 3rd, 2009 @ 7am
STAPLES TO LAND IN RED BANK’S IN-BOX
The big-box retailer will lease a space less than a quarter the size of its average store at 137-139 Broad Street. Staples Inc., the big-box office supply retailer, is comingContinue reading "STAPLES TO LAND IN RED BANK’S IN-BOX"
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July 15th, 2009 @ 6am
A Fair Haven investment adviser who is reported to have a villa in France was charged in federal court in Newark today with running a Ponzi scheme, the Star-Ledger is reporting. The criminal allegations against Maxwell Smith follow earlier allegations...
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May 6th, 2009 @ 2pm
A Morris County judge today froze the assets of a Fair Haven investment adviser who is alleged to have swindled an elderly client out of $9 million over a decade, according to reports by the Star-Ledger and Morristown's Daily Record....
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April 23rd, 2009 @ 4pm
HOV HQ on West Front Street, Red Bank. A near stoppage in mortgage lending drove Hovnanian Enterprises to its ninth consecutive quarterly loss in the period ending October 31, the Red Bank-based homebuilder reported yesterday. According to Bloomberg, the loss...
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December 17th, 2008 @ 7am
Partyline
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THREE ON TOUR
RED BANK: Three borough sites will participate in a weekend of self-guided tours of 52 historic locations in Monmouth County May 4 & 5.
VOLUNTEERS GET INTO THE WEEDS
Toting plastic trash bags, 51 volunteers conducted a walking litter cleanup on Red Bank's West Side Saturday.
“IT’S A PARTY AT WAWA!”
You wish you could vibe like Brian, who lives on the other side of Hubbard’s Bridge. He caught redbankgreen’s attention in Red B ...
POPE OKS ORATORY
RED BANK: St. Anthony of Padua obtains papal approval to establish Oratory of St. Philip Neri, a community of priests and brothers devoted t ...
RED BANK: NEW MURAL BRIGHTENS CORNER
RED BANK: Lunch Break founder Norma Todd is depicted in a mural painted this week on the front of the newly renovated social service agency.
TULIPS TOGETHER
Spring tulips taking in the sunset outside the Molly Pitcher Inn in Red Bank Monday evening.
RIVER RANGERS RETURN
River Rangers, a summer canoeing program offered by the Navesink Maritime Heritage Association, returns this summer for up to 20 participa ...
DOUBLE DYLAN IN RED BANK
Trucks for a production company filming what one worker said was a Bob Dylan biography have lined Monmouth Street the past two days with cre ...
AFTER THE RAIN
A pear tree branch brought down by a brief overnight storm left a lovely tableau on the sidewalk in front of Red Bank's Riverside Gardens Pa ...
CONE OF UNCERTAINTY
Asked by a redbankgreen reporter why these cones were on top of cars, the owner of the car in the foreground responded: “That’s ...
RAIL RIDER’S VIEW
A commuter's view of Cooper's Bridge and the Navesink River from North Jersey Coast Line train 3320 out of Red Bank Tuesday morning.
PUT ME IN COACH!
Red Bank T-Ball kicked off at East Side park on Saturday morning. The brisk weather proved to be no deterrent to the young players, ranging ...
IT’S A SIGN!
Once proudly declaring its all-but-certain arrival in Spring 2019, the project previously known as Azalea Gardens springs to life again with ...
SPRINGTIME MEMORIES OF CARL
The Easter Bunny getup and St. Patrick’s Day hat that belonged to longtime Red Bank crossing guard and neighborhood smile-creator Carl ...
RED TRUCKS AT RED ROCK
A small dishwasher fire at Red Rock Tap and Grill was put out quickly by firefighters overnight, causing minimal damage. Red Bank Fire Depar ...
CREATIVE COVER UP
The windows of Pearl Street Consignment on Monmouth Street were smashed when a driver crashed their car through them injuring an employee la ...
THEY’RE BACK!
Ospreys returned to the skies over Red Bank this week for the first time since they migrated to warmer climes in late fall. With temperature ...
SPRING IS SPRUNG
RED BANK: Spring 2024 arrives on the Greater Red Bank Green with the vernal equinox at 11:06 p.m. Tuesday.
RED BANK’S FINEST – AND NEWEST
Red Bank Police Officer Eliot Ramos was sworn in as the force’s newest patrolman Thursday, and if you’re doing a double take thinkin ...
EASTER EGG MAYHEM AT THE PARK
An errant whistle spurred an unexpectedly early start to the Spring Egg Hunt on Sunday, which had been scheduled to begin at eggsactly 11am ...

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