Stephen Curry

Curry to hawk Harman headphones

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Stamford-based Harman International Industries (NYSE: HAR) signed up NBA superstar Stephen Curry as a “brand ambassador” for its JBL audio brand, as part of its marketing agreement with the NBA and USA Basketball. Curry plays point guard for the Golden State Warriors and is considered a contender for the NBA’s most valuable player award this […] [Read More]
Categories: General

Raveis, Sotheby’s among top brokerages

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William Raveis Real Estate was seventh on the REAL Trends national ranking of the top residential real estate brokerages, with the Shelton-based company generating transaction volume of $8.1 billion to lead those based in Connecticut. William Pitt and Julia B. Fee Sotheby’s International Realty ranked second in Connecticut and 28th nationally, while leading all of […] [Read More]
Categories: General
Charter

Charter CEO: lives “disrupted” in scotched deal

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UPDATED 5:21 p.m. In a Friday conference call with investment analysts, the CEO of Stamford-based Charter Communications acknowledged the impact on his company’s employees of Comcast terminating its acquisition of Time Warner Cable, with Charter to have swapped some systems with Comcast as an offshoot of that deal. “Charter maybe got a little ahead of […] [Read More]
Categories: General
Harman

Harman shares regain ground Thu.

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UPDATED 5:02 p.m. Shares of Harman International Industries closed Thursday at $130.38, down 7 percent, as the Stamford-based company deals with foreign currency exchange fluctuations and a factory consolidation in Europe. In a Thursday conference call, Harman CEO Dinesh Paliway called the company’s professional audio products division ” a crown jewel” producing amplifiers, speakers, sound mixers […] [Read More]
Categories: General
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Pitney Bowes revenue down in Q1

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UPDATED 5:12 p.m. Shares of Pitney Bowes (NYSE: PBI) closed Thursday down 1 percent to $22.37.   UPDATED April 30, 9:43 a.m. Shares of Pitney Bowes (NYSE: PBI) were down more than 2 percent in early trading Thursday to just under $22.   ORIGINAL POST Pitney Bowes revenue fell 5 percent in the first quarter […] [Read More]
Categories: General
Matthew Martoma

Report: judge rejects claims against SAC

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A federal judge in Manhattan reportedly dismissed claims against Stamford-based SAC Capital Advisors, brought by former shareholders of Elan and Wyeth. The claims stemmed from a former trader named Matthew Martoma obtaining insider information on a drug candidate to treat Alzheimer’s disease, while Martoma worked for an SAC affiliate. Martoma received a nine-year prison term, […] [Read More]
Categories: General
Starwood

Starwood puts itself on auction block

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Stamford-based Starwood Hotels & Resorts Worldwide (NYSE: HOT) announced Wednesday morning it would “explore a full range of strategic and financial alternatives,” possibly to include a sale of the company. At the close of trading Tuesday, Starwood had a market capitalization of $13.9 billion. Starwood shares jumped 8 percent in pre-market trading Wednesday morning to […] [Read More]
Categories: General
Norbert-Dentressangle-

Greenwich freight co. in $3.5B buy

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For $3.5 billion, Greenwich-based XPO Logistics (NYSE: XPO) is acquiring France-based Norbert Dentressangle, a transportation and logistic services giant with some 42,350 employees. Combined, XPO and Norbert Dentressangle had $5.5 billion in revenue in 2014. “This is a defining moment in the growth of XPO,” said founder and CEO Bradley Jacobs, in a written statement. “The […] [Read More]
Categories: General