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Category Archives: Wall Street

The owner of an investment firm based in Fair Haven was arrested Monday on charges he ran an $18 million Ponzi scheme, federal authorities said. Louis J. Spina, 56, formerlyContinue reading "FAIR HAVEN: FEDS CHARGE $18 MILLION SCAM"
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November 25th, 2013 @ 1pm
Remember: Nothing makes a Red Bank friend happier than to hear "I saw you on Red Bank Green!"
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A Rumson commodities trader and his Red Bank firm have been slapped with nearly $6 million in fines and paybacks orders by United States and British regulators for an allegedContinue reading "RED BANK FIRM SMACKED FOR TRICKERY"
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July 22nd, 2013 @ 11am
Urban Outfitters, the owner of national clothing chains with a presence in downtown Red Bank and Shrewsbury, reported strong revenue gains in its fourth fiscal quarter, even as stores thatContinue reading "REVENUE & PROFIT UP AT URBAN OUTFITTERS"
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March 12th, 2013 @ 7am
SEA BRIGHT RISING, ONE GIFT CARD AT A TIME
Ilene Winters and Chris Wood reviewing requests for help from Sea Bright Rising in Wood’s office Thursday. Below, a mudline shows the height of the water that inundated homes andContinue reading "SEA BRIGHT RISING, ONE GIFT CARD AT A TIME"
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January 4th, 2013 @ 1pm
RUMSON: HALL OPENS AS COMFORT STATION
Rumson’s Bingham Hall has been transformed into a comfort station, offering residents a warm, lighted place to stay during the day until electricity is restored. The borough Office of EmergencyContinue reading "RUMSON: HALL OPENS AS COMFORT STATION"
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November 2nd, 2012 @ 2pm
RED BANK: BROKERS TO THE ‘BRIDGE’
The ‘bridge‘ is in. Following a six-month construction sprint, securities broker Morgan Stanley Smith Barney completed the consolidation of its Red Bank offices into a single location at Broad StreetContinue reading "RED BANK: BROKERS TO THE ‘BRIDGE’"
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October 17th, 2012 @ 10am
By JOHN T. WARD Nearly a year after Moody’s went negative on Red Bank, the Wall Street debt rater has reversed course, borough officials said. The credit research firm toldContinue reading "RED BANK: MOODY’S LIFTS NEGATIVE OUTLOOK"
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October 5th, 2012 @ 12pm
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
Hovnanian’s Red Bank HQ, as seen from the foot of Maple Avenue. Hovnanian Enterprises surprised Wall Street with news Wednesday that it’s most recent fiscal quarter was a profitable one.Continue reading "HOV STUNNER: A PROFIT"
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June 6th, 2012 @ 10am
HALL CLAIMS WIN IN LOCAL BANK STAKES
The Fair Haven office is one of just five for the locally focused bank. (Click to enlarge) By MIKE BARON The shareholders of Rumson-Fair Haven Bank & Trust have spoken,Continue reading "HALL CLAIMS WIN IN LOCAL BANK STAKES"
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May 18th, 2012 @ 7am
By JOHN T. WARD Red Bank-based homebuilder Hovnanian Enterprises notched a 6.7-percent sales gain in the first fiscal quarter from a year ago, the company reported Tuesday morning. The closely-heldContinue reading "HOV BOOSTS REVENUE, SHRINKS LOSS"
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March 7th, 2012 @ 9am
RUMSON: TALK ABOUT DOWNSIZING
From this… to that? Having moved out of the 18,000-square-foot colossus above, Pete and Judy Dawkins recently purchased the home shown below. (Click to enlarge) By JOHN T. WARD EightContinue reading "RUMSON: TALK ABOUT DOWNSIZING"
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February 22nd, 2012 @ 7am
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 national headquarters in Red Bank. (Click to enlarge) The red ink continued to flow at Red Bank homebuilder Hovnanian Enterprises in the recently ended fiscal fourth quarter, though theContinue reading "HOVNANIAN ENDURES ANOTHER LOSS"
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December 15th, 2011 @ 11am
IN THE WORKS: LINDEN PLACE OFFICE BRIDGE
The two Linden Place buildings above would be connected at the second floor, as seen in the rendering, below. (Click to enlarge) By JOHN T. WARD One of the WallContinue reading "IN THE WORKS: LINDEN PLACE OFFICE BRIDGE"
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December 7th, 2011 @ 2pm
Wall Street debt-rating agency Moody’s may take a negative view of Red Bank’s fiscal situation, but investors don’t, town officials said Tuesday night. Councilman Mike DuPont, who heads the borough’sContinue reading "RED BANK BONDS SHRUG OFF MOODY’S MOOD"
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November 23rd, 2011 @ 11am
URBAN OUTFITTERS: SALES UP, PROFITS DOWN
Urban Outfitters, one of the few national retail chains with a presence in downtown Red Bank, reported Monday that its sales rose in its third fiscal quarter. Net income forContinue reading "URBAN OUTFITTERS: SALES UP, PROFITS DOWN"
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November 14th, 2011 @ 6pm
By JOHN T. WARD Wall Street debt-rating agency Moody’s has raised concerns about Red Bank’s $25.2 million worth of general-obligation bonds. In a announcement posted on its website late lastContinue reading "MOODY’S GOES NEGATIVE ON RED BANK DEBT"
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November 1st, 2011 @ 2pm
OCCUPIERS OCCUPIED WITH ORGANIZING
About three dozen people turned out for Saturday’s initial meeting of Occupy Red Bank at Marine Park, an event led by Connor Walby, center below. (Click to enlarge) By JOHNContinue reading "OCCUPIERS OCCUPIED WITH ORGANIZING"
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October 17th, 2011 @ 10am
‘OCCUPY’ MEETUP TO TALK, NOT OCCUPY
An event inspired by the Occupy Wall Street movement is slated for Saturday in Red Bank’s Marine Park, though no ‘occupation’ of the riverfront facility is planned, says an organizer.Continue reading "‘OCCUPY’ MEETUP TO TALK, NOT OCCUPY"
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October 14th, 2011 @ 12pm
Partyline
CARS, BARS AND VANS
Middletown resident Rob King was cruising through the Red Bank municipal parking lot behind the Dublin House Saturday night in his 1969 Plym ...
TWO SHORTS IN FILMONEFEST
Leonardo Morales Pitalua, a 20-year-old animator who lived in Red Bank until February, will have two short films shown at FilmOneFest in Hig ...
LONG DOGGONE WAIT
Partyline photo: The driver of an e-bike and his human passenger wait at the Monmouth Street train crossing while a northbound NJ Transit tr ...
WE’RE LICHEN THIS FUNGHI!
A mushroom sprouts from the mouth-like hole in this lichen-covered tree on the grounds of Red Bank Primary School Tuesday morning.
HELL STRIP FIREWORKS
Revelers launched fireworks from the hell strip in front of a home on Drs. James Parker Boulevard on July 4, one of many impromptu and quest ...
Swimming river sculling 062026
SWIMMING, ER, SCULLING RIVER?
Partyline photo captures a single rower working their way up the Swimming River.
SUMMER SUNRISE
A stunning Sunrise on the Navesink River in Red Bank Tuesday June 30.
BRAZEN LAWLESSNESS?
Who does this? One of those famously (and, yes apocryphally) illegal-to-remove mattress tags lies on the plaza outside the Count Basie Cente ...
SUNNY SKIES, JAZZY VIBES AT RED BANK ARTS FEST
A jazz combo comprised of current and former students of the Red Bank-based Jazz Arts Project performed at the first Red Bank Arts Festival ...
COOL JUNE BRIDE RIDE
It’s a wedding thing. (Photo and text by Rosann Dal Pra)  
RED BANK CLASSIC 5k
Runners at the starting line of the Red Bank Classic 5k Saturday morning.
WORLD CUP WATCH PARTY AT COUNT BASIE FIELD
Solid turnout, festive vibes and a huge Mexico win: Count Basie Park World Cup Watch Party photos. (Click to read)
DOUBLE RAINBOW OVER RED BANK
Partyline contributor captures stunning double rainbow over Red Bank.
RED BANK: SINKHOLE ON SHREWSBURY AVE
Emergency sinkhole repairs closed Shrewsbury Avenue northbound traffic for most of the day Wednesday.
NAVESINK SUNRISE
Partyliner captures stunning sunrise over the Navesink River in Red Bank.
DRONES SCRUB BANK BUILDING
Partyline photo: A power washing drone was used to clean the exterior of the Ocean First Bank Building at 110 West Front Street recently.
MESSAGE TO READERS
Please stand by: A quick message to readers about a pause in news coverage.
IN THE DISTANCE, NEW STATUE UNVEILED
A new monument commemorating the 250th anniversary of US Independence is unveiled in a park that only has a Red Bank mailing address.
CARPY DIEM
From the redbankgreen Partyline: A pair of large carp cruise the shallows under Hubbard's Bridge (Senator Kyrillos Bridge) on Front Street T ...
BIBS ON FOR OPENING DAY
Partyline: Two longtime neighbors re-unite for lobsters on the Boondocks Fishery opening day.