Connecticut gains 4,900 jobs in March

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Connecticut added 4,900 jobs last month, part of an encouraging two-month uptick following a winter of uneven gains and setbacks, according to a report issued Thursday by the state Department of Labor. March’s unemployment rate remained unchanged at 7 percent from February. Prior to last month, the unemployment rate had undergone a steady decline for […] [Read More]
Categories: General

Crius Energy launches Citra Solar, new solar brand

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Crius Energy, Stamford-based provider of electricity, natural gas and solar products to residential and commercial customers, has launched launch a stand-alone solar brand, Citra SolarT, to focus on the solar sector and complement the company’s portfolio of energy brands, product offerings and distribution channels. Initially, Citra SolarT services will be offered to customers of Frontier […] [Read More]
Categories: General

Interactive Brokers nearly triples net income

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Interactive Brokers Group, Greenwich-based automated global electronic broker and market maker, reported net income of $19.1 million or 34 cents per diluted share for the quarter ended March 31, compared with $6.6 million or 14 cents per diluted share for the same period last year. Net revenues were $355 million, and income before income taxes […] [Read More]
Categories: General

United Rentals sees net income jump

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United Rentals, Stamford-based global equipment rental company, announced first quarter net income of $60 million or 56 cents per diluted share, compared with $21 million or 19 cents per diluted share for the same period last year. Total revenue was $1.18 billion and rental revenue was $1.01 billion, compared with $1.10 billion and $916 million, […] [Read More]
Categories: General

WWE grabs 1 million U.S. households for WrestleMania 30

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Wrestlemania reached a record number of U.S. homes this year, WWE has reported. One million households nationwide watched the six-hour entertainment extravaganza, televised live from New Orleans on April 6 through the WWE Network and pay-per-view combined. This is a step towards the million subscribers WWE hopes to get on its network by the end […] [Read More]
Categories: General

WSJ reports GE’s Jeff Immelt reconsidering 20-year tenure

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Today’s Wall Street Journal has a story about Jeff Immelt possibly shortening his run as GE’s CEO. Immelt, 58, had been expected to lead the $258 billion company for 20 years, but according to sources, is now rethinking that plan. He is currently going into his 13th year as chief executive. GE, which is headquartered […] [Read More]
Categories: GE

Happy Tax Day – Will the IRS audit you?

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Happy Tax Day! It’s the day procrastinators dread – the government says you can’t wait any longer to file your taxes. But if you’re worried that you’ll get a letter in the mail or worse – someone at your door – you may want to get informed on the red flags that could land you […] [Read More]
Categories: General

Starwood Capital acquires suburban Chicago property

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Starwood Capital Group, a Greenwich-based private investment firm, and Starwood Retail Partners have acquired, through a controlled affiliate, The Promenade Bolingbrook, an open-air lifestyle center in suburban Chicago. Terms of the transaction were not disclosed. Encompassing 774,000 square feet of retail space, The Promenade is 96 percent occupied by a roster of high-quality tenants, according […] [Read More]
Categories: General