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Valley National: Q1 Earnings Snapshot

NEW YORK (AP) — NEW YORK (AP) — Valley National Bancorp (VLY) on Thursday reported first-quarter profit of $163.9 million.

The bank, based in New York, said it had earnings of 28 cents per share. Earnings, adjusted for non-recurring costs, were 29 cents per share.

The results topped Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of 27 cents per share.

The holding company for Valley National Bank posted revenue of $871.6 million in the period. Its revenue net of interest expense was $541.6 million, which also beat Street forecasts. Six analysts surveyed by Zacks expected $532.6 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on VLY at https://www.zacks.com/ap/VLY

Congo’s Ebola burial teams battle community anger, fatigue and fear of infection

BUNIA, Congo (AP) — Yuma Adolphe and his team are responsible for the safe and dignified burial of some of the people who die from Ebola in Ituri, the epicenter of history's deadliest Ebola outbreak. Nearly every day, they dig the graves, prepare the bodies and handle the coffins. But as the authorities grapple with the outbreak, which has killed nearly 3,200 people among more than 6,500 cases, the burial team says they are at their limits, struggling with an increasing workload and hostile communities. “It is difficult, but we try to push ourselves beyond our limits,” Adolphe told The Associated Press. Since the outbreak began in mid-May, authorities have deployed small burial teams like Adolphe's across the hot spots to handle the burials. Paid $20 a day, they are a part of a group of front-line workers who are working to contain the rapidly moving disease.
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