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Oct 4, 2011

Wachovia, Raymond James agree to settlements over high-risk securities

The state Division of Consumer Affairs announced Tuesday its Bureau of Securities settled with Wachovia Securities LLC, Wachovia Capital Markets LLC, Raymond James & Associates Inc. and Raymond James Financial Services Inc. on separate allegations of firms selling...

Oct 4, 2011

A.C. Moore acquired by N.J. craft distributor in 39M deal

In a deal worth approximately $39.4 million, A.C. Moore Arts & Crafts Inc. announced Tuesday it has agreed to be acquired by Sbar's Inc. and taken out of public trading. The acquisition will be funded through cash and financing, and is expected to be complete by the end of the year.

Oct 4, 2011

Deals and Moves October 4

Spinal cord injury grant; HouseMaster goes Green; new office in Mount Laurel.

Oct 3, 2011

Expert 95M ARC settlement could open transportation dialogue

Calling it a major reduction of tension between the Christie administration and the federal government, Martin Robins said the $95 million settlement between the state and the Federal Transportation Administration could restore some cooperation on future projects.

Oct 3, 2011

Maquet makes 680M acquisition

Adding to its medical device portfolio, Maquet Cardiovascular, in Bridgewater, announced Monday its acquisition of Atrium Medical Corp. for $680 million.

Oct 3, 2011

Report Education still key to returning young adults to work

While no demographic has been safe from unemployment in the past few years, young adults are having an even harder time finding jobs.

Oct 3, 2011

Survey Housing values continue to batter homeowners’ wealth

New Jerseyans who are renters feel better off financially than homeowners, according to the latest PublicMind quarterly consumer survey by Fairleigh Dickinson University's Silberman College of Business.

Oct 3, 2011

Nurses union wants deeper review of Christ Hospital’s proposed sale to for-profit

Christ Hospital, in Jersey City, is seeking an expedited state government review of its proposed sale to the California for-profit Prime Healthcare Services in order to close the deal by year's end, while the union for the hospital's nurses is asking the state attorney general not to fast-track the...

Oct 3, 2011

Deals and Moves October 3

Manufacturing deal; imaging network acquisition; solar ranch loan guaranteed.

Sep 30, 2011

Pharma leases help improve commercial vacancy rate

An uptick in leasing activity in the Princeton and Route 78 submarkets helped New Jersey record its third straight quarter of positive absorption for office space, marking the first three-quarter string of growth in that sector since 2007, according a new report from Jones Lang LaSalle.

Sep 30, 2011

Kennedy Health System upgrades network to improve electronic records

Getting the health care industry up to the "speed of business" has been a slow process for many hospitals, but Kennedy Health System announced today it's taken steps to give its hospital the tools needed to keep pace with their patients' and doctors' needs.

Sep 30, 2011

Roche adds to Nutley campus with manufacturing hub

Swiss pharmaceutical company Roche has opened a new, 17,000-square-foot manufacturing facility on its Nutley campus, where researchers will produce drugs to be used in trial studies around the world, the company announced Friday.

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