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Category Archives: Wall Street

Hovnanian’s headquarters overlooking the Navesink River. Red Bank-based Hovnanian Enterprises is trying to refinance some $759 million in debt even as other homebuilders are beginning to buy land again, today’sContinue reading "WSJ: HOV SEEKING DEBT RESTRUCTURING"
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September 28th, 2009 @ 8am
Remember: Nothing makes a Red Bank friend happier than to hear "I saw you on Red Bank Green!"
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Hovnanian Enterprises, the Red Bank-based national homebuilder, has announced the death of its founder, Kevork Hovnanian. No details were given about the cause or date of death. Hovnanian lived inContinue reading "KEVORK HOVNANIAN DIES AT 86"
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September 25th, 2009 @ 1pm
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
Hovnanian's headquarters on West Front Street. Red Bank-based Hovnanian Enterprises sharply cut its net loss in the quarter ended April 30, compared to year-prior levels. But the publicly traded homebuilder continued to slash prices in the face of contract cancellations...
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June 3rd, 2009 @ 6am
Looks like downtown Red Bank is about to get a little bit more green — New York Jets green. Wayne Chrebet, a former receiver famous for making third-and-long catches in heavy traffic, has joined the Linden Place office of Morgan...
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May 27th, 2009 @ 11am
Looks like downtown Red Bank is about to get a little bit more green — New York Jets green. Wayne Chrebet, a former receiver famous for making third-and-long catches in heavy traffic, has joined the Linden Place office of Morgan...
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May 27th, 2009 @ 11am
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
Those three spheres featured in last week's 'Where' seem to be quite the eye-catchers. Installed outside the TD Ameritrade office on Broad Street (Route 35) at Monroe Avenue in Shrewsbury, they're clearly decorative, and lend a touch of whimsy to...
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April 9th, 2009 @ 8am
Hovnanian's head office, as seen from the foot of Maple Avenue. Red Bank-headquartered Hovnanian Enterprises, one of the nation's largest homebuilding companies, saw its losses accelerate in the most recent quarter. The company posted a net loss of $178.4. million...
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March 11th, 2009 @ 6am
Fair Haven's first-ever trip to the Wall Street debt markets yesterday resulted in a bond sale at a better-than-expected interest rate, borough officials tell the Asbury Park Press. From the Press: The 10-year bonds sold for an interest rate of...
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March 6th, 2009 @ 8am
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
The U.S. economy may be smashing into a wall, but Rumson's Mickey Gooch — owner of and columnist at the Two River Times, sometime quarrelsome neighbor and Wall Street billionaire — is still doing just fine, thank you very much,...
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November 20th, 2008 @ 2pm
"It's something that affects all of us. It's not just a Wall Street bailout," says Jan Gardiner, of Locust. Today's Washington Post reports the results of a poll that finds voters deeply divided over the terms of the government's $700...
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October 1st, 2008 @ 10am
Ferry commuters to Wall Street, besieged by blowback over the spreading-around-the-globe credit meltdown they helped create, will see a slight dip in the monthly fare charged by SeaStreak beginning tomorrow. Assuming, of course, that there still is a Wall Street...
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September 30th, 2008 @ 7am
Homebuilder Hovnanian Enterprises, based in Red Bank,posted its eighth consecutive quarter in the red, reporting a net loss of $202.5 million for the fiscal quarter ended July 31. The loss equated to $2.67 per share, compared with a loss $1.27...
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September 4th, 2008 @ 6am
The company's headquarters overlooking the Navesink River. Red Bank-based national homebuilder Hovnanian Enterprises saw its second-quarter losses increase elevenfold from last year as land valuations and revenues plunged again amid what Dow Jones calls "the worst housing downturn since the...
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June 4th, 2008 @ 7am
The R-FH Euro challengers: from left, Sam Wilson, Robbie Trocchia, Margot Keale, Steven Fuschetti and Jennifer Lapp. If you think understanding the U.S. economy is a brain-buster, try overlaying its complexity with currency exchange rates, European history and social trends...
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May 12th, 2008 @ 2pm
Much as it was for other retailers, the late-2007 holiday shopping season was tough one for Tiffany & Co., which opened a store in Red Bank just as the season was kicking off. But even as its fourth-quarter profit shrank,...
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March 24th, 2008 @ 8am
Partyline
APOSTROPHE CATASTROPHE
As a curmudgeonly curator of terrible punctuation on public signs, I’ve seen and shaken my head at a lot of gratuitous quotation marks ...
DANE FOR DEMOCRACY
redbankgreen Partyline captures a great dane who, all signs indicate, has had enough.
SUNFLOWER GAUNTLET
On the Partyline: a sunflower guantlet on River Street.
VIGIL FOR 68 DEAD
About 100 people attended a Saturday vigil at Johnny Jazz Park in Red Bank as part of a nationwide series of events to mourn the lives of pe ...
LITTERBUGS HIT MARINE PARK
Partyline PSA: Please don't leave your trash in our nice new park!
PARKING SUCCESS AT RED ROCK
All these people found parking for the Cliffs at Red Rock!
SHO AND TELL
A peak inside Sho Asian Table a new restaurant still under construction and slated to open later this summer at 8 West Front Street in Red B ...
“Night of the Living Nick” Halloween Car Turns Heads
Nick Brown, a special effects artist from the Atlantic Highlands, was seen driving his creatively decorated Halloween car around Red Bank th ...
“HOLY F***!” LIGHTNING STRIKE FROM WASHINGTON STREET BACKYARD
Lightning struck during Saturday’s storms in the backyard of Washington Street resident Kimberly Johnson. The strike obviously caught ever ...
SMOKY NAVESINK SUNRISE
redbankgreen's partyline photographer Karly Swaim captured the sun rising through hazy, smoky skies above the Navesink River from NJ Transit ...
MAGGIE’S HEAT WAVE HAIRCUT
Maggie, a golden doodle who belongs to Sara Horan, shows off her new shorter-for-summer hair cut outside Fins & Feathers on Monmouth Street ...
PEACE, LOVE AND JUGGLING
Music and flow arts filled Riverside Gardens Park Friday night at the free flow arts meetup hosted by Cirque de Peace, with guest band Sweet ...
IMMIGRATION PROTESTS CONTINUE
Protests against a wave of immigration arrests in Red Bank and nationwide continued for a third and fourth straight day on Shrewsbury Avenue ...
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.