Lisa Du on Muck Rack

Lisa Du

New York
As seen in:  Newsday, Business Insider

Studying the world among other things at @ColumbiaSIPA. Former biz reporter for @Newsday. Still taking news tips/cat photos: lisa.f.du[at]

Berkshire Hathaway Office Tour — Warren Buffett, aka The Oracle of Omaha, prides himself on conducting his business the old fashioned way. He reads tons and tons of SEC filings and doesn't even have a computer on his desk. In a world of massive trading desks and high speed everything, this is something to see.

Japan’s State Secrets Laws Empowers The Elite and Muzzles The Press: FOP RIP 12/10/2014

By Lisa Du — Originally published in December 2014 Missing : Japan's Freedom of The Press-once ranked number 22 in the world, she has been in ill-health and mistreated since Prime Minister Shinzo Abe became the new sheriff of Japan in 2012. Last seen at midnight on December 9th.

Severance for former CEO hits Gold Coast earnings — Privately held Gold Coast Bank in Islandia reported lower quarterly net income Thursday afternoon due to a one-time charge related to severance payments. Net income at Gold Coast was $5,000 -- or less than 1 cent per share -- for the three months ending June 30, compared to $155,000 for the same period in 2013.

New York Community Bancorp earnings beat estimates — Westbury-based New York Community Bancorp Inc., the largest Long Island-based bank, reported lower earnings for its second quarter due to less income from interest and mortgage banking. Net income for the three months ending June 30 was $118.7 million, or 27 cents a share -- down 3.1 percent from $122.5 million during the same period last year.

Astoria Financial of Lake Success posts higher profits — Astoria Financial Corp., the Lake Success-based holding company for Astoria Bank, reported higher quarterly profits as the company released $5.7 million in loan loss provisions. The company reported net income of $22.3 million, or 20 cents per share, for the quarter ending June 30. That's up 42.9 percent from $15.6 million in the year-ago period.

Clarion Hotel at MacArthur Airport changes hands — Ownership of the 289-room Clarion Hotel in Ronkonkoma switched hands this summer, though what changes that may bode for the hotel remains unclear. The lease ownership of the hotel, which stands on Town of Islip land right next to Long Island MacArthur Airport, was transferred to Airport Inn Inc.

Courtyard by Marriott planned for Westbury — A Courtyard by Marriott seven years in the making quietly broke ground in Westbury in mid-May. The $27.6 million project, jointly owned by Westbury developer Piermont Properties and Franklin, Tennessee-based hospitality management company Chartwell Hospitality, will add to an already abundant supply of similarly priced accommodations in the area.

U.K. contest offers L.I. tech companies help to expand abroad — Eighty local technology businesses have been invited to meet with the United Kingdom's international business development arm in Stony Brook Monday to learn more about a contest that could help companies expand into Europe. The GREAT Tech Awards contest, run by the U.K.

Dow passes 17,000, and Long Island investors, experts react to milestone — Melkonian: Artificial support for stocks Martin Melkonian, an economics professor at Hofstra University, warned that the Federal Reserve's zero-interest-rate policy is providing artificial support for stocks. Low interest rates on bonds have forced portfolio managers to move into stocks, he said, bidding up prices.

LI trader among five charged with short-sale violations — The Securities and Exchange Commission has charged five traders, including one from Long Island, with short sale trading violations. The five were charged with violating SEC Rule 105, which prohibits the short sale of a stock leading up to its public offering.
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