Nutrition 21 Inc., the Purchase company that markets nutritional supplements, said this morning it lost $400,000, or a penny a share, in its fiscal third quarter.

The loss was narrower than the $8.2 million, or 13 cents a share, reported for the third quarter of fiscal 2008.

Revenues dropped to $8.6 million from $10.8 million in the [...]

Tal International Group Inc., the Purchase company that leases freight containers and chassis, earned $16.6 milllion, or 52 cents a share, in the first quarter, compared with a loss of $3.8 million, or 12 cents a share, last year. On an adjusted basis, the company earned $13.4 million, down from $16.7 million last year.

A federal appeals court has upheld a ruling dismissing a race discrimination lawsuit a former employee of Wyeth Pharmaceuticals Inc.

The 2nd Circuit Court of Appeals in lower Manhattan let stand a ruling by the late U.S. District Court Judge Charles Brieant in the case of former Wyeth compliance officer Newton Paul.

Paul, who is black, worked [...]

Shares of Hawthorne-based drug company Acorda Therapeutics Inc. rose this morning on news that federal regulators will make it a priority to review an application to market a drug for multiple sclerosis.

Acorda shares were trading at $24.59, up $5.09, or 26.1 percent, at 10:25 a.m.

The company said the U.S. Food and Drug Administration has assigned [...]

LeCroy Corp., the Chestnut Ridge company that makes oscilloscopes, earned $2 million, or 17 cents a share, during its third quarter, boosted by a one-time gain of $8.6 million.

The company, which has been cutting workers and benefits in response to the weak economy, said revenues dropped to $26.9 million from the $40.6 million recorded [...]

BioScrip Inc., the pharmacy benefits management company in Elmsford, earned $3.3 million, or 8 cents a share, turning around last year’s loss of $500,000, or a penny a share, the company said this morning.

But revenue dropped slightly to $325.7 million from $327.5 million, the company said.
A BioScrip shareholder said in a letter this week the [...]

Regeneron Pharmaceuticals Inc., a drug development company in Eastview, said this morning it lost $17.5 million, or 22 cents a share, in the first quarter, compared with a loss of $11.6 million, or 15 cents a share, in the first quarter of 2008.

Total revenues increased to $75 million from $56.4 million in the same [...]

IntegraMed America Inc., the Purchase company that runs vein clinics and fertility centers, said this morning its first-quarter profit rose to $920,000 from $621,000.

On a per-share basis, the company earned 10 cents in this year’s quarter, compared with 7 cents last year.

Revenues rose to $52.36 million from $45.61 million.

IntegraMed’s chief executive, Jay Higham, said in [...]

Drew Industries Inc., the White Plains company that provides parts for recreational vehicles and manufactured homes, said it expects to take a non-cash goodwill charge against its first-quarter earnings.

The company said it is still calculating the charge but expects it to include “all or substantially all” of the $45 million in goodwill recorded on the [...]

A shareholder of Elmsford-based pharmacy benefits manager BioScrip Inc. yesterday urged the board of directors to cut costs while also looking to sell the company.

Anchor Capital of Raleigh, N.C. said in a letter to the BioScrip board that investors have lost confidence in management’s ability to cut costs and operate the company’s assets “at a [...]

The president and chief executive of Regeneron Pharmaceuticals Inc. of Eastview took a $53,000 pay cut last year as the company’s stock lost 24 percent of its value.

Dr. Leonard S. Schleifer took home $4.42 million, including $713,000 in salary and $470,580 in bonus, according to a proxy statement filed with the U.S. Securities and Exchange [...]

Drew Industries Inc., the White Plains company that provides parts for recreational vehicles and manufactured homes, said it expects to take a non-cash goodwill charge against its first-quarter earnings.

The company said it is still calculating the charge but expects it to include “all or substantially all” of the $45 million in goodwill recorded on the [...]

Acorda Therapeutics Inc. of Hawthorne has resubmitted an application to market Fampridine-SR, a drug that would help people with multiple sclerosis walk.

The company received word from the U.S. Food and Drug Administration March 30 that its first application was lacking information and could not be accepted for review. Acorda shares dropped $5.09, or 20.44 percent, [...]

Purchase-based PepsiCo Inc. said this morning it has acquired Karinto S.A.C., a Peruvian-based marketer of corn chips, nuts and seeds, for an undisclosed price.

The company said the acquisition shows its commitment to invest in South America. It follows the recent acquisition of Brazilian snack company Comercio de Doces Lucky Ltda., maker of the Torcida and [...]

White Plains-based Starwood Hotels & Resorts Worldwide Inc. alleges in a federal lawsuit that a pair of its former executives “stole massive amounts” of confidential information and took it with them to their new jobs at Hilton Hotels Corp.

The lawsuit, which also names Hilton as a defendant, says Ross Klein, global head of Hilton luxury [...]

The top executive at Jarden Corp., the consumer products company in Rye, took home $3.98 million last year, a drop from the $22.86 million he made in 2007, the company disclosed in a public filing.

Martin E. Franklin, the chairman and chief executive, made $2 million in salary and received a bonus of $1.5 million. He [...]

Presidential Realty Corp., a White Plains-based real estate investment trust that owns commercial and residential buildings, said Chairman Robert E. Shapiro resigned his seat due to health reasons.

The board of directors did not fill the vacant seat but will nominate a candidate for election at the company’s annual meeting scheduled for June 15.

Shapiro, 91, [...]

Acorda Therapeutics Inc., the biopharmaceutical company in Hawthorne, said this morning that Dr. Anthony Caggiano has been promoted to vice president of preclinical development.

He will continue to manage the preclinical and research and development departments, the company said. He will also oversee the company’s preclinical programs that seek to develop treatments for multiple sclerosis, spinal [...]

The trustee appointed to oversee the bankruptcy of Don Coqui Restaurant in New Rochelle closed the restaurant March 19 because it was losing money, the trustee’s lawyer told a judge today.

Peter Zisser said that for each $1 in sales, the restaurant, formerly known as MacMenamin’s Grill, was spending $1.10 to $1.15.

“It didn’t help to keep [...]

Wyeth Pharmaceuticals Inc. plans to lay off 13 unionized workers in the packaging department at its Pearl River plant, a company spokesman confirmed today.

The unionized jobs are being eliminated to align the size of the work force with the company’s production needs, Grace Ann Arnold said. The demand for products produced in Pearl River has [...]