Inside Long Island Business

Get the latest news and trends on Long Island companies and the people behind them.

CA's stock climbs on better-than-expected Q3 sales

Islandia-based CA Technologies won its appeal against the

(Credit: Kevin P. Coughlin, 2012)

Shares of software maker CA Technologies rose as much as 4 percent Wednesday after the company's third-quarter earnings beat analysts' expectations. CA's stock hit $25.56 a share in midday trading, up from $24.55 on Tuesday. The company, Long Island's largest  by stock market value, said on Tuesday after the market closed that its third-quarter sales dropped 5 percent, to $1.2 billion, in...

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February panel to focus on new patent laws

A half-day panel on filing patents and new changes to intellectual property law will take place in early February.

The event, called “First-To-File: Is Your Company Ready for the Upcoming Changes to the Patent Laws?,” will feature talks from intellectual property lawyers and representatives from the U.S. Patent and Trademark Office, a workshop panel and networking.

The panels will focus...

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Profits slip at CA Technologies

Islandia-based CA Technologies won its appeal against the

(Credit: Kevin P. Coughlin, 2012)

Software maker CA Technologies said its third-quarter profits dipped five percent as revenue fell for its mainframe computer programs.

The company, which sells mainframe, storage and security software to large corporations, said revenue fell five percent to $1.2 billion in the three months ended Dec. 31, compared to the same period last year. Net income dropped to $251 million, or 55 cents...

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Manufacturing resources fair next week

The Long Island Forum for Technology will be holding a half-day Solutions Fair next Wednesday, Jan. 30, for local manufacturers.

The Solutions Fair helps connect small- to medium-sized manufacturers with companies that could provide resources to solve problems. Those resources could include specialized researchers, process experts, prototyping advisers, technology matching specialists, etc.

During...

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State offers insurance help to residents, business owners

Long Island homeowners, renters and business owners who experienced Sandy storm damage can get help with insurance questions at mobile clinics and from a telephone hotline.

The state Department of Financial Services will bring its mobile command center to the Amityville/Lindenhurst Home Depot at 1101 Sunrise Hwy. in Copiague on Saturday from 9 a.m. to 4 p.m.

The mobile clinic also will...

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Poll: Is your life back to normal after Sandy?

A look at the damage caused by Sandy

(Credit: Doug Kuntz)

Three months ago, superstorm Sandy dealt a severe blow to Long Island. Lives were lost, thousands of homes and buildings were damaged or destroyed, and many were without power for weeks.

Has your life returned to normal? Vote and leave a comment. Results and a selection of comments will be published in next Sunday's business section....

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LIA and builders join in a 'strategic alliance'

Kevin Law, president and chief executive of the

(Credit: Newsday, 2012 / Audrey C. Tiernan)

Long Island’s largest business organization says it has joined forces with a group representing builders in a bid to boost the economy, create jobs and provide more housing.

The Long Island Association and the Long Island Builders Institute have formed a “strategic alliance,” the LIA said in a statement Thursday.

With this year’s legislative sessions beginning in Albany and Washington,...

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LI ekes out gain of 2,700 jobs

The state Labor Department said Thursday that Long

(Credit: AP)

Long Island had 2,700 more jobs in December than in the same month a year earlier, the state Labor Department said Thursday afternoon.

The private sector gained 8,800 jobs year-over-year. But the loss of 6,100 government jobs cut the overall employment increase.

The private education and health-care services category showed the most gains, up 5,500 jobs from a year ago.

The department...

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Health company office in Westbury to close, lay off 58

The Westbury office of Pennsylvania-based Endo Health Solutions

(Credit: iStock)

The Westbury office of a Pennsylvania pharmaceutical company, will close and lay off all of its 58 employees, according to a filing from the New York State Labor Department.

The WARN notice filed by Endo Health Solutions said most of the employees will be laid off Feb. 28 -- when the office is set to officially close -- although some will stay on to wind down operations. The reason for the...

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Gasoline, medical care drive metro area prices up

Gasoline prices contributed to a 2.1 percent increase

Prices in the metropolitan area increased in December, year over year, the most since last spring.

The federal Bureau of Labor Statistics said Wednesday its consumer price index for the 31-county region that includes Long Island was up 2.1 percent last month compared with a year earlier.

That's the highest year-over-year inflation rate since April's 2.4 percent.

Area prices dropped...

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