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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
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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
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SNEAKERS OVER BROAD
On the redbankgreen Partyline: sneakers hanging from the overhead wires on Broad Street.
PIANO TRASHED
Left out to take at 83 River Street. Property owner is a touring musician. Studio and home. (Photo and text by Partyline contributor Chris H ...
FALL COLORS IN RED BANK
redbankgreen's Partyline captures peaking fall foliage on a Red Bank street corner.
FALL AT THE COURTS OF RED BANK
On the Partyline: stunning foliage at Red Bank's "medieval office park."
WALK FOR DEMOCRACY
The T. Thomas Fortune Cultural Center led a "Walk for Democracy" Sunday from Riverside Gardens Park to the cultral center on Drs. James Park ...
Go big or go home
On the redbankgreen Partyline: Gourd display at Lighthouse on its penultimate night of the season.
MARIGOLDEN SUNSHINE
Partyline photo captures October sunshine hitting marigolds for sale ahead of Dia de Los Muertos.
KENNY KATZGRAU TEACHES CODING TO MAGAZINE PUBLISHERS
Kenny Katzgrau, publisher of Red Bank Green and creator of Broad Street, was teaching City and Regional Magazine Association publishers how ...
LET’S SEE YOUR KINDLE DO THIS
A stack of books served as a chock while a motorist changed a flat tire on Branch Avenue Wednesday afternoon. Submitted by John T. Ward
NEW WELCOME SIGN INSTALLED
A new "Welcome to Red Bank" sign has gone up at the northern Route 35 entrance to town at the foot of Cooper's Bridge.
JUNIOR BUCS WRESTLING WELCOMES YOUNG ATHLETES FOR 22ND SEASON
Junior Bucs Wrestling is preparing for its 22nd season, offering boys and girls from Red Bank, Shrewsbury, and Little Silver an opportunity ...
TIME FOR SCHOOL, DEER
Fall has arrived and so have the middle school loving deer!
JUST IN TIME FOR THE FALL CLASSIC
Just in time for the start of the World Series later this week baseball-themed paintings by artist Max Maxon hang in the windows of the Art ...
DINNER PLANS?
Chipotle in Red Bank Sunday evening will donate a quarter of proceeds from sales Sunday to the volunteer Red Bank Fire Department auxiliary.
KENNY KATZGRAU TEACHES VIBE CODE SESSION AT LOCAL NEWS CAMP
Kenny Katzgrau, publisher of Red Bank Green, is running a vibe code session, teaching other publishers to vibe code at Blue Engine Collectiv ...
Her Majesty visits Red Bank
Navesink Queen docked at the Molly Pitcher Marina. (Photo and text by Partyline contributor Boris Kofman)  
RED BANK DINER MONEY TREE
On the redbankgreen Partyline: sunshine and a money tree at the Red Bank Diner.
NAVESINK LIGHTS
Riverview Hospital lights up the Navesink. (Text and photo by Partyline contributor Terry Franco)  
HALF BAKED BROAD STREET
Broad Street repaving begins with road subject to overnight closures.
COLOR RUN AT RED BANK PRIMARY SCHOOL
redbankgreen Partyline happens upon a cloud of color at annual color run event at Red Bank Primary School.
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