AboveNet Inc., a White Plains-based telecommunications company that provides high-speed data links, announced plans for a two-for-one stock split after its shares jumped 195 percent this year. AboveNet’s stock has soared in response to increasing demand for its services from financial firms, media companies and other corporate customers. AboveNet’s system delivers network and Internet services [...]

Acorda Therapeutics Inc., a Hawthorne-based biotech company, reported a bigger quarterly loss as it awaits regulatory action on a new multiple sclerosis drug that is designed to make walking easier for the disease’s victims. The net loss of $23.3 million for the second quarter, or 62 cents a share, compared to a net loss of [...]

Regeneron Pharmaceuticals Inc., a Tarrytown-based biotech company, reported a smaller second-quarter loss and increased revenues after it increased shipments of a new drug. The net loss of $14.9 million, or 19 cents a share, during the second quarter compared with a net loss of $18.7 million, or 24 cents a share, a year earlier. Revenues [...]

Progenics Pharmaceuticals Inc. and Wyeth Pharmaceuticals said they have submitted an application to the U.S. Food and Drug Administration and European regulators to approve the use of pre-filled syringes with their Relistor constipation drug. The medication itself has already received regulatory approval. Progenics, an Eastview-based biotech company, partnered with Wyeth in 2005 to jointly develop [...]

Verizon Wireless said that recent improvements at cell cites covering New Rochelle and Grand View-on-Hudson will mean expanded wireless services for customers in those areas. Verizon Wireless said the improvements will allow consumers and businesses to use mobile devices to gain faster access to email or corporate data, download music and view high-quality videos.

MBIA Inc., the Armonk-based bond insurer, said that Theodore “Ted” Shasta has joined the company’s board of directors. Shasta, 58, also was appointed to MBIA’s audit committee. Shasta is a former senior vice president and partner of Wellington Management Company, an investment advisor with more than $400 billion in client assets under management.

Sbarro Inc., the Italian fast food chain, said that it has signed a contract to keep Pepsi as its exclusive beverage supplier in over 600 locations nationally. Sbarro will continue to offer carbonated and non-carbonated beverages through fountains in its restaurants, including Pepsi, Diet Pepsi, Sierra Mist, Mountain Dew, Lipton and Tropicana. Purchase-based PepsiCo Inc. [...]

Sharp declines in shipments of manufactured homes and recreational vehicles continue to hurt Drew Industries Inc., a White Plains-based company that supplies components to those economically sensitive industries. Drew’s net income of $2.6 million, or 12 cents a share, during the second quarter, fell sharply from net income of $9.2 million, or 42 cents a [...]

Starwood Hotels & Resorts Worldwide Inc. of White Plains said that it sold its W hotel in San Francisco to Keck Seng Investments Limited in Hong Kong for $90 million. Starwood, whose network includes nearly 1,000 hotels in 100 countries, said that it also agreed to a management contract to continue operating the San Francisco [...]

AFP Imaging Corp., an Elmsford-based supplier of medical imaging systems, said that it sold its Italian Quantitative Radiology subsidiary to Cefla Capital Services SpA in a stock transaction. Cefla’s dental group, based in Imola, Italy, is a major manufacturer of dental equipment. AFP said that it will use the proceeds from the sale to reduce [...]

Spar Group Inc., a marketing services company based in Tarrytown, reported net income of $236,000, or 1 cent a share during the second quarter, up from net income of $3,000 a year earlier. Revenues fell to $13.5 million from $18.9 million a year earlier. “Second quarter revenues continued to be affected by weak global economic [...]

IBM Corp. said that it has signed a five-year contract to provide information technology services to Amtrak, the passenger train operator. Amtrak, which employs 19,000 workers and transports more than 28.7 million passengers annually, will receive help with data center services, including mainframes, servers and security, from Armonk-based IBM. IBM also will support the infrastructure [...]

PepsiCo Americas Beverages named Jill Beraud as its chief marketing officer and president-joint ventures. Beraud most recently served as global chief marketing officer for parent company PepsiCo in Purchase. In her new position, Beraud will be responsible for marketing in North America and Latin America, as well as PepsiCo’s beverage joint ventures in North America [...]

Michael Marinaccio, dean of the School of Business at Monroe College, will present a free workshop on writing business plans and sticking to them on Aug. 5 from 5:30 p.m. to 7:30 p.m. The event will be sponsored by the New Rochelle Chamber of Commerce and hosted by Cross Cultural Solutions at Two Clinton Place [...]

BioScrip Inc., an Elmsford-based pharmacy benefits manager, reported net income of $4.4 million, or 11 cents a share, during the second quarter. That was up from net income of $1.6 million, or 4 cents a share, a year earlier. Revenues dropped to $328.7 million from $348.4 million a year earlier. This company said the higher [...]

Acadia Realty Trust, a White Plains real estate investment trust that specializes in retail shopping centers, felt the effects of a slower economy during the second quarter. Acadia said that earnings per share from continuing operations dropped to 18 cents during the quarter, down from 30 cents a year earlier. Funds from operations slipped to [...]

Universal American Corp., a Rye Brook-based health insurer, reported a sharp drop in profits during the second quarter as it faced investment losses and costs related to a complicated restructuring of its business. Net income of $4.9 million, or 6 cents a share, dropped from net income of $28.4 million, or 32 cents per share, [...]

A new restaurant, The Gas Light Ale House, is expected to open at 1 Van Der Donck Street in Yonkers after renovations to the space are completed. The restaurant, owned by Westside Hospitality Group, will feature a contemporary American menu along with wines and beer. The manager will be Nicky Sarro, a Yonkers native and [...]

Students from Pace University in Pleasantville recently were among the nearly 2,000 students and faculty from more than 200 universities in 40 countries that took part in the Smarter Planet University Jam. The event, coordinated by Armonk-based IBM Corp., was on online forum in which students discussed their ideas for a better world. A poll [...]

AboveNet Communications Inc., a telecommunications company that provides high-speed data links, said that it has signed a 10-year lease to remain at its White Plains headquarters at 360 Hamilton Ave.  The company occupies 32,000 square feet in the downtown building owned by Reckson, a division of SL Green. AboveNet’s system delivers network and Internet services [...]