Apr 9, 2007

AIG Auto Insurance Launches GPS-Based Teen Driver Pilot Program

The program will initially be piloted in New Jersey, as well as Arizona, Illinois, Pennsylvania, South Carolina and Washington, and uses GPS technology to allow parents of teen drivers to monitor

Apr 9, 2007

Redpoint Bio Gets 13M in Last Phase of 33M Private Placement

The net proceeds of the private placement will be used for Redpoint’s research and development activities and for working-capital purposes. Pursuant to the private placement

Apr 9, 2007

Alteon to Raise 25M in Private Financing

The company plans to use the funds for ongoing operations, and for clinical and preclinical development programs. The closing of the preferred stock financing is subject to stockholder approval and will be done at

Apr 9, 2007

BEIP Candidates Promise, Often Dont Deliver

Half the new jobs companies agree to create here never materialize.

Apr 9, 2007

Hope for Last-Minute Tax Filers

There are still some ways to cut your bill before the deadline

Apr 9, 2007

Valera Pharmaceuticals Announces Intention to Delist

The delisting is contingent, among other conditions, upon stockholder approval. Both companies announced on Dec. 12, 2006, that Indevus agreed to acquire Valera in a stock-for-stock transaction valued at approximately

Apr 5, 2007

Clear Thinking Group Named Liquidation Trustee in Bankruptcy Case

Luggage maker Airways Industries Inc. retains firm.

Apr 4, 2007

Metro Funding Closes 50M Secured Credit Facility

The three-year revolving credit facility was provided by Germany’s WestLB and represents a securitization of short-term mortgage loans originated by Metro Funding in the United States

Apr 3, 2007

Comcast to Buy Patriot Media for 483 Million

Cable TV services provider Comcast Corp. of Philadelphia today announced a $483 million cash deal to buy cable systems owned and operated by Patriot Media & Communications, a Greenwich, Conn.-based company with substantial assets in New Jersey. Comcast will

Apr 2, 2007

Raising the Debt Roof

Biz Briefs

Apr 2, 2007

FX Solutions Picks Up Venture Funding

FX Solutions receives more than $100 million in venture capital from private equity investment firm Francisco Partners.

Apr 2, 2007

Provident Financial Completes First Morris Bank Trust Acquisition

Provident Financial Services Inc. in Jersey City has completed its previously announced deal to acquire First Morris Bank & Trust for $62 million in cash and about 3.3 million shares of Provident common stock. The combined company has assets of some $6.3 billion and 84 branches in 10 counties throughout northern and central New Jersey. Provident