David Schepp
David Schepp has reported on the business of health care for The Journal News since 2003. Schepp has been involved in financial journalism since 1995, having previously worked for Knight-Ridder Financial News, Dow Jones Newswires and BBC News Online, where he specialized in economic reporting. A resident of Dutchess County, Schepp holds a bachelor's degree in journalism with a minor in economics from Metropolitan State College of Denver.
E-mail David Schepp at dschepp@lohud.com
Entries written by David Schepp
- June
- 19
About a quarter of the nation’s disabled veterans or retirees have yet to claim rebates under President Bush’s $146 billion economic-stimulus plan, the Internal Revenue Service said today. In New York state, fresh data show that just 67 percent of the 1.3 million potential retiree/disabled veteran filers are accounted for, leaving some 440,000 potential recipients [...]
Posted by David Schepp on June 19th, 2008 | Post a Comment »
- June
- 19
New York’s senior senator, Charles Schumer, lashed out at the state’s Public Service Commission today, calling its demands “irrational and illogical,†following a non-binding ruling by an administrative law judge Monday to reject Iberdrola SA’s $4.5 billion buyout of Energy East Corp., parent to New York State Electric & Gas Corp. NYSEG has nearly 90,000 [...]
Posted by David Schepp on June 19th, 2008 | Post a Comment »
- June
- 19
LICT Corp., a Rye-based telecommunications and media company, reported yesterday that its revenues for its fiscal first quarter ending March 31 rose to $25.4 million, up 1.7 percent from $25 million a year ago. Earnings per share were $250.64, compared to $89.61 a year ago. Per-share earnings in the quarter included a gain of $148 [...]
Posted by David Schepp on June 19th, 2008 | Post a Comment »
- June
- 19
ITT Corp. reported today that its Energy Absorption unit received a $1 million order to supply Indian Railways with more than 3,000 dampers and shock absorbers for rail cars on four Indian rail lines. Considerable expansion of India’s rail system has prompted the rail companies to invest in parts, infrastructure and technology, the White Plains-based [...]
Posted by David Schepp on June 19th, 2008 | Post a Comment »
- June
- 18
New York State Electric & Gas Corp. is advising its electricity customers, which include 85,000 in Westchester, Dutchess and Putnam counties, that they can now report outages through the companies revised Web site (www.nyseg.com), by clicking on the Outage Central tab on the company’s home page. “While it may seem odd to think about having [...]
Posted by David Schepp on June 18th, 2008 | Post a Comment »
- June
- 18
The African American Chamber of Commerce of Westchester and Rockland Counties Inc. begins its ninth annual Juneteenth Celebration for Westchester County this week with a kickoff event tomorrow evening in Peekskill to honor the 10 most influential black men and women in the Lower Hudson Valley. A business-to-business reception for the awardees will be held [...]
Posted by David Schepp on June 18th, 2008 | Post a Comment »
- June
- 17
Strativa Pharmaceuticals, the branded drug unit of Par Pharmaceuticals Cos., which employs some 440 workers in Rockland County, has acquired the U.S. rights to a thin-film formulation of an anti-emetic drug, known as Ondansetron, for use by cancer patients. Anti-emetics are drugs the prevent nausea and vomiting, frequent side effects of radiation and chemotherapy. The [...]
Posted by David Schepp on June 17th, 2008 | Post a Comment »
- June
- 17
Starwood Hotels & Resorts Worldwide Inc. said today it has plans to open a hotel in Kuala Lumpur, Malaysia, under the hotelier’s St. Regis brand. The 200 room luxury hotel, which would also have 200 residences as well as restaurants and meeting halls, is scheduled to open in 2014, White Plains-based Starwood said. Shares of [...]
Posted by David Schepp on June 17th, 2008 | Post a Comment »
- June
- 17
Tomorrow’s Workplace will host a summer job fair Friday from 1 p.m. to 4 p.m. at the Holiday Inn in Montebello, just off Exit 14B of the New York State Thruway. Tomorrow’s Workplace anticipates 63 employers will participate in the free job fair, known as “Career Connections 2008.†It is the Spring Valley employment-services agency’s [...]
Posted by David Schepp on June 17th, 2008 | Post a Comment »
- June
- 16
PepsiCo Inc. reiterated today that it expects per-share earnings of $3.72 this year, despite flooding at its Quaker manufacturing plant in Cedar Rapids, Iowa. The Quaker plant closed Wednesday as the region prepared for record flooding caused by the swollen Cedar River, which crested at 31.1 feet on Friday. With flood waters having receded, engineers [...]
Posted by David Schepp on June 16th, 2008 | Post a Comment »
- June
- 16
Armonk-based IBM Corp. and Ireland’s Industrial Development Agency have established a center to manage water resources, the entities said today. The Dublin-based facility, to be called IBM Centre of Excellence for Water Management, will monitor changes in fresh water, and marine and oceanic environments, IBM and the IDA said. One of the center’s first tasks [...]
Posted by David Schepp on June 16th, 2008 | Post a Comment »
- June
- 16
Starwood Hotels & Resorts Worldwide Inc. said today its Le Meridien hotel division plans to open one hotel each in and Xiamen, China, in 2009, and Taipei, Taiwan, in 2011, as part of a planned expansion of the brand in the Asia-Pacific region. The announcement follows plans released last year to open five Le Meridien [...]
Posted by David Schepp on June 16th, 2008 | Post a Comment »
- June
- 16
People’s United Bank plans to open a branch in White Plains later this month, the Bridgeport, Conn.-based financial-services company said today. The new office, at 14 Mamaroneck Ave., across from the Ritz-Carlton Westchester, will open June 30, People’s United said in a written statement. The downtown White Plains branch joins two existing branches in the [...]
Posted by David Schepp on June 16th, 2008 | Post a Comment »
- May
- 16
Four Westchester-based businesses and organizations are among finalists for this year’s American Business Awards, known as the Stevie Awards, which recognize business achievement in more than 40 categories. The PSP Group, an employment-services company in Mamaroneck, and President Dominick Crea are finalists in Best Customer Service Organization and Best Executive categories, respectively, according to Stevie [...]
Posted by David Schepp on May 16th, 2008 | Post a Comment »
- May
- 16
WHX Corp. reported today it narrowed its loss to $6.2 million in the first quarter, less than the $8.5 million that the Rye-based company reported in the year-ago period. On a per-share basis, WHX reported it lost 62 cents compared with 85 cents in the year-ago quarter. WHX said revenue rose 50.5 percent to $177.3 [...]
Posted by David Schepp on May 16th, 2008 | Post a Comment »
- May
- 16
Acadia Realty Trust has entered into an agreement with Target Corp. for the Minneapolis-based retailer to be an anchor at Acadia’s CityPoint project in Brooklyn, according to a filing with the Securities and Exchange Commission. The CityPoint project is being developed by Acadia, a White Plains-based real estate investment trust, in conjunction with three other [...]
Posted by David Schepp on May 16th, 2008 | Post a Comment »
- May
- 16
Neal L. Sullivan, president of Sullivan Financial Group in Mahopac, has been elected chairman of the Independent Insurance Agents & Brokers of New York Inc. As chairman, Sullivan oversees the statewide organization’s activities, serves on its executive committee and reports to its board of directors, IIABNY said. Sullivan’s one-year term began May 9 when the [...]
Posted by David Schepp on May 16th, 2008 | Post a Comment »
- May
- 16
Money manager Christopher Conover, a New City native, has opened Hudson Valley Wealth Management in his hometown at 151 N. Main St. The fee-only investment advisory firm has three employees. The firm’s Web site is www.hudsonvalleywealth.com.
Posted by David Schepp on May 16th, 2008 | Post a Comment »
- May
- 15
Debt Resolve Inc. told regulators today that it can’t file its quarterly earnings statement due to delays in collecting information required for the report. The White Plains-based company, which helps to settle payment disputes online, said it expects to file the quarterly report by June 5, according to a filing with the Securities and Exchange [...]
Posted by David Schepp on May 15th, 2008 | Post a Comment »
- May
- 15
AFP Imaging Corp. reported today its fiscal third-quarter loss grew 262 percent to $1.37 million from $378,929 a year ago. On a per-share basis, the Elmsford-based supplier of imaging equipment to medical and dental offices reported it lost 8 cents a share during the three months that ended March 31, greater than the 3 cents [...]
Posted by David Schepp on May 15th, 2008 | Post a Comment »