Skip to content
Brian Donohue
Editor Brian Donohue
Long Live Local News
Get "The Blast" Newsletter

A town square for an unsquare town

redbankgreen

Standing for the vitality of Red Bank, its community, and the fun we have together.

Category Archives: Wall Street

This time three weeks ago, shares of Hovnanian Enterprises were at a seven-year low, trading below $5 apiece. Four dollars and eighty cents, actually, as of the close on Jan. 9. No doubt investors who'd bought the stock as it...
Post a comment
February 1st, 2008 @ 7am
Remember: Nothing makes a Red Bank friend happier than to hear "I saw you on Red Bank Green!"
redbankgreen Classics
What's going on with SeaStreak, the ferry that runs between Manhattan and piers in Atlantic Highlands and Highlands? Yesterday, a handful of runs were canceled. The ferry company attributed the moves to delays in obtaining "certification of documentation for the...
Post a comment
January 17th, 2008 @ 5pm
Ailing national homebuilding giant Hovnanian Enterprises saw its stock and debt downgraded by a major ratings agency yesterday, but investors bid the company's stock up neatly anyway. The price of a share rose 70 cents, or almost 12 percent, to...
Post a comment
January 17th, 2008 @ 6am
Today's Star-Ledger takes a look at the "dismal" year that Red Bank-based Hovnanian Enterprises has had. And the coming year doesn't look at lot brighter. But to make that point, the page-one story kicks off with an an anecdote that...
Post a comment
December 26th, 2007 @ 8am
File photo of Hovnanian's Red Bank HQ, as seen from the foot of Maple Avenue. Amid a widespread credit shutdown, Hovnanian Enterprises said its fourth-quarter net loss quadrupled over year-ago results. The Red Bank-based homebuilding company yesterday reported a net...
Post a comment
December 19th, 2007 @ 7am
Today's New York Post features a Q&A with Rumsonian Mickey Gooch, who among other things is a Wall Street billionaire, head New Jersey fundraiser for GOP presidential hopeful Rudy Giuliani and co-owner, with his wife Diane, of the Red Bank-based...
Post a comment
December 10th, 2007 @ 9am
Slashing sticker prices and throwing in extra amenities, Hovnanian Enterprises reports that its weekend sales push on new housing units nationwide exceeded expectations. Wall Street cheered the report, boosting the battered homebuilder's stock price yesterday. From a report on Bloomberg.com:...
Post a comment
September 18th, 2007 @ 6am
Today's Star-Ledger reports that Red Bank-based homebuilding giant Hovnanian Enterprises is cutting prices and offering incentives worth up to $240,000 on unsold new homes, discounts that industry experts call unprecedented. From the story, by business reporter Joe Perone: Just a...
Post a comment
September 13th, 2007 @ 8am
Already struggling against a tide of falling real estate values, Red Bank-based homebuilding giant Hovnanian Enterprises is now, like others in its industry, fighting a rip current brought on by the collapse of the subprime mortgage market. The company reported...
Post a comment
September 7th, 2007 @ 6am
A rumor that billionaire investor Warren Buffett was buying shares of Hovnanian Enterprises lifted the Red Bank-based homebuilder's shares 12 percent last Friday. But so far today, the shares, while up, aren't going nuts. According to BigCharts, the shares were...
Post a comment
July 16th, 2007 @ 10am
Virginia Bauer, who rallied Congresss to enact tax breaks for families of Sept. 11, 2001 victims after her husband died in the attack, is leaving her post as state Commerce secretary to take a job with the real estate firm...
Post a comment
July 12th, 2007 @ 7am
By LINDA G. RASTELLI Joe Cullity doesn’t like to make a big deal out of his hip injury, and speaks reluctantly about the day he got it — September 11, 2001. "I was lucky I was late for work," he...
Post a comment
June 1st, 2007 @ 7am
The pissing match between Wall Street millionaires Pete Dawkins and Mickey Gooch gobbled up another three hours of valuable Monmouth County court time yesterday, according to today's Asbury Park Press. And if the judge was amused, it was largely because...
Post a comment
May 19th, 2007 @ 12pm
Continuing fallout from the storm: SeaStreak has canceled some of its ferry runs between Highlands/Atlantic Highlands and Manhattan. Meanwhile, the Asbury Park Press is reporting that Ocean Avenue in Sea Bright has been reopened to traffic. A 12:22p posting on...
Post a comment
April 16th, 2007 @ 1pm
A New York Stock Exchange floor trader from Little Silver was sentenced to 27 months in federal prison yesterday for his guilty plea to charges of "trading ahead" of clients, or buying stocks for his or his firm's account at...
Post a comment
October 14th, 2006 @ 12am
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.