Bernanke Tries to Acknowledge Rebound Without Foreshadowing Rate Increase Nov 4, 2009
Theyve got, for a lot of reasons, to say that it looks like what weve been doing has been working, said former Atlanta Fed research director , now chief monetary economist at Cumberland Advisors Inc. in Vineland, New Jersey. But if theyre too exuberant about it, its going to trigger expectations of a policy move quicker than perhaps they might like to do. (Bloomberg -- US)
Sun Bancorp swings to third-quarter loss Oct 29, 2009
The Vineland, N.J.-based bank said it lost $6. 5 million, or 28 cents per share in the quarter compared to net income of $4. (Philadelphia Business Journal, PA)
KB Toys founder auctioning off collection in US Sep 26, 2009
(AP) VINELAND, New Jersey - One of the greatest automotive toy collections in the world is being auctioned off in New Jersey ... The toys will be sold Friday and Saturday at Bertoia Auctions in Vineland, The Press of Atlantic City reported. (NJ.com -- News)
* US president to renominate Bernanke as Fed chief Aug 26, 2009
Agree or not, the types of applications and the size of [the Fed's] intervention are now established in the annals of Fed policy-making as one of the most dramatic responses ever, said David Kotok, chairman of Cumberland Advisors in Vineland, New Jersey. The other main candidate had been Lawrence Summers, Obama's top White House economic adviser and a former US Treasury secretary. (Taipei Times, Taiwan)
NJ activists ready for battle over gay marriage Aug 23, 2009
VINELAND, N.J. (AP) -- In a pew of the Chestnut Assembly of God on a Tuesday night, Pat Mannion decided that for the first time in her 58 years, she would get involved in politics ... Last week, Pat Mannion and about 140 others came to Vineland's cavernous modern Chestnut Assembly of God for one of the meetings. (Concord Monitor)
Here is the latest New Jersey news from The Associated Press Aug 23, 2009
VINELAND, N.J. - Advocates for and against allowing gay marriage in New Jersey are recruiting volunteers and calling lawmakers as they prepare for a major public debate later this year. Lawmakers are expected to try to pass a bill after the November election that would recognize gay marriages. (NJ.com -- News)
Fed Signals No Rush to Exit From Stimulus Measures as U.S. Recession Ends Aug 13, 2009
Policy makers cite a lot of things to suggest we are not on an upward trajectory yet, said , a former research director at the Atlanta Fed whos now chief monetary economist at Cumberland Advisors in Vineland, New Jersey. Even with the Treasury program scheduled to end, the remaining plans to purchase MBS signals theres a lot more stimulus left from the Fed, he said. (Bloomberg)
Taylor Says Bernanke Gets Rate Rule Right While Goldman Doesn't Understand Jul 25, 2009
The Fed is caught in a bind right now, said Robert , a former research director at the Atlanta Fed whos now chief monetary economist at Cumberland Advisors in Vineland, New Jersey. The Taylor Rule sort of defines the policy problem. (Bloomberg)
was selected with the 25th overall pick in the Major League Baseball First-Year Player draft on June 9 Jun 30, 2009
The News of Cumberland CountyLocal newspaper for Bridgeton, Millville, Vineland, & more. NEWS LINKS. (NJ.com -- Sports)
Bernanke Must Reassure `Confused' Market His Strategy Will Keep Rates Low Jun 22, 2009
Anxiety over the Feds pump-priming program is twofold, according to , chief monetary economist at in Vineland, New Jersey. The first worry is the central bank lacks the tools to unwind its monetary stimulus quickly enough. (Bloomberg)
Elks to sponsor car show Jun 18, 2009
All proceeds to benefit the Elks' two adopted units in Iraq and adopted veterans in the Vineland Veterans Home. For information, call James Sharpe after 3:30 p.m. weekdays and all day weekends. (NJ.com -- Times)
Chambersburg dining fading away Jun 6, 2009
-- DAVID M. LEVIN, Vineland. NEW JERSEY WEATHER Newark, NJ. (NJ.com -- Times)
Steps taken to improve safety at parking lot Jun 6, 2009
Two workers from Tri-County Security of Vineland were in the area when the stabbing took place, but did not see the crime occur, Trenton police said. A captain for Tri-County declined comment, and repeated phone calls to the company's main office went unanswered. (NJ.com -- Times)
Map: Funding The Superfund May 27, 2009
NPR: Funding The Superfund. Funding The Superfund. (NPR)
Reducing emissions solves problems May 24, 2009
-- DAVID M. LEVIN, Vineland. Loud complaining about Turnpike noise I had the chance to read some major whining about Turnpike noise issues recently in the article "Turnpike neighbors find noise barriers blocked" (May 17). (NJ.com -- Times)
Canlan reports first quarter 2009 financial results May 14, 2009
- Completed the integration of Ice Sports Vineland in Vineland, New Jersey into the Company's operations ... The growth was principally attributable to an expanded facility portfolio following the acquisition of Ice Sports Vineland, a two-pad facility in Vineland, New Jersey. (Canada Newswire)
At 100-day marker, it's too soon to tell May 13, 2009
-- DAVID M. LEVIN, Vineland. Single-payer system. (NJ.com -- Times)
Stimulus A Boon For Polluted NJ Watershed May 3, 2009
From the 1950s to the 80s, the Vineland Chemical Company spewed more than a hundred tons of arsenic into the Maurice River system, which made its way 40-50 miles downstream through lakes and creeks ... From the 1950s to the 80s, the Vineland Chemical Company spewed more than a hundred tons of arsenic into the Maurice River system, which made its way downstream through lakes and creeks as far south as Cape May point ... Since the late 90s, the Vineland plant has been classified as a Superfund... (CBS News)
Pro Standings Apr 19, 2009
ESPN: Bassmaster Angler ament Search. NORTHERN 1 - CECIL COUNTY, MD BOTournament 0904N1B. (ESPN -- Outdoors)
Sun Bancorp Announces Stock Dividend for 14th Consecutive Year and 2009 Annual Meeting Date Apr 17, 2009
VINELAND, N.J., April 16 /PRNewswire-FirstCall/ -- Thomas X. Geisel, president and chief executive officer of Sun Bancorp, Inc. (Nasdaq: ), parent holding company for Sun National Bank, announced today that the Company's Board of Directors declared a five percent (5%) stock dividend ... Sun also announced that its 2009 Annual Meeting of Stockholders will be held on July 16, 2009, at Sun's Corporate Headquarters, 226 Landis Avenue, Vineland, New Jersey at 9:30 a.m. Any shareholder proposal to... (PR Newswire)
Men's Basketball signs New Jersey center Gene Teague Apr 17, 2009
The Vineland, N.J. native played one season at Living Faith, having transferred from St. Augustine High School after his junior year. "He's not going to wow you with his athleticism, but his feel for the low post is advanced," Lowery said. (Siusalukis.com)
Sixth Bank Returns Money From Bailout Fund Apr 11, 2009
The Treasury Department says that Sun Bancorp Inc. of Vineland, N.J., repaid $89. 3 million, money it originally received on Jan. 9. (KWTX.com, TX)
Here is the latest New Jersey news from The Associated Press, NJ Apr 6, 2009
Search Local Business Listings. AP NEWSLatest local, national & international news from the Associated Press. (NJ.com -- News)
Treasury allowing Sun to return TARP funds Apr 2, 2009
The Vineland, N.J.-based bank originally received its investment from TARP s Capital Purchase Program in January. But after new restrictions were placed on banks receiving the funds, Sun President and CEO Thomas X. Geisel said on March 12 that he intended to return the money because the program had become too politicized. (Philadelphia Business Journal, PA)
Keeping it real Mar 27, 2009
My mother's family came from Florence, Italy, to Vineland, New Jersey, in 1910, when she was 11 yeas old. Growing up, I realized my mother had no Italian accent at all. (NJ.com -- Times)
* World Business Quick Take Mar 24, 2009
The first 1,500 lots of his 7,000-piece collection sold for a little more than the US$4 million high estimate in a three-day sale from last Thursday until last Saturday at Bertoia Auctions in Vineland, New Jersey. Everyone kept saying, Boy, the recession isnt going on in this room, auction-house owner Jeanne Bertoia, 54, said in a telephone interview. (Taipei Times, Taiwan -- World Business)
Sun Bancorp to return TARP funds, CEO says program politicized Mar 18, 2009
The Vineland, N.J.-based bank originally received its investment from TARP s Capital Purchase Program in January. "When the Capital Purchase Program became available to well capitalized and healthy financial institutions like Sun, it was a positive partnership between the government and business to stimulate the economy through additional lending and community support, Sun President and CEO Thomas X. Geisel said. The partnership then became politicized, the rules and regulations changed, and the... (Philadelphia Business Journal, PA)
Take rebates from higher-income seniors Mar 18, 2009
-- DAVID M. LEVIN, Vineland. Take the long view of Trenton water sale. (NJ.com -- Times)
Sun Bancorp to Redeem Preferred Stock Under the Treasury's Capital Purchase Program Mar 12, 2009
VINELAND, N.J., March 11 /PRNewswire-FirstCall/ -- Sun Bancorp, Inc. (Nasdaq: ), the parent company of Sun National Bank, today announced it has filed notice to the U.S. Department of the Treasury (Treasury Department) to redeem all 89,310 shares of its Fixed Rate Cumulative Perpetual Preferred Stock, Series A, liquidation value $1,000 ... 6 billion asset bank holding company headquartered in Vineland, New Jersey. (PR Newswire)
Snowfall amounts around New Jersey Mar 2, 2009
Vineland (Cumberland County): 3. 5 inches. (NJ.com -- News)
In Geithner We Trust Eludes Treasury as Financial Markets Fail to Recover Feb 26, 2009
Hes not change, as Obama promised, but just the same old stuff, says Kotok, who manages $1 billion in Vineland, New Jersey. Geithner declined to comment for this article. (Bloomberg)
Fed Signals Determination to Avert Price Surge From Stimulus, Money Supply Feb 19, 2009
They view this as an improvement in communications and a desire to communicate their objectives to the market, said , a former research director at the Atlanta Fed and chief monetary economist at Cumberland Advisors Inc. in Vineland, New Jersey. If you react late to inflation pressures building, you will lose credibility to inflation expectations at your long-run target, he said. (Bloomberg)
Corzine Says Nevermind on Competitive Bidding for New Jersey's Borrowings Feb 13, 2009
Negotiated deals make sense for offerings that are less solid, said , a municipal portfolio manager at Vineland, New Jersey-based Cumberland Advisors Inc., in an e- mail. However, it is very evident that dealers are taking no risk whatsoever these days. (Bloomberg)
