Report: Cohen buys into 90210

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When you have it all, why settle for Rodeo Drive East? Point72 Asset Management founder and Greenwich resident Steve Cohen reportedly is buying a $35 million mansion in Beverly Hills, Calif. on property once owned by the actor Glenn Ford, a block over from the Beverly Hills Hotel. Variety reported Thursday that Cohen has an […] [Read More]
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Connecticut BBB warns of phishing scam

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This just in from Connecticut’s Better Business Bureau: Better Business Bureau is warning businesses not to click on an email that claims to be a “BBB SBQ” (Standard Business Questionnaire). The email was sent out this morning to what is believed to be tens of thousands of businesses across the country.  The email has a […] [Read More]
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Fitch downgrades People’s United’s ratings

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Fitch Ratings has downgraded People’s United Financial’s ratings to “BBB+/F2” and revised its rating outlook to stable from negative. People’s United Financial, based in Bridgeport, is the parent company of People’s United Bank. Fitch said the downgrade reflects People’s United Financial’s declining capital levels, elevated commercial loan growth and profitability well below its rated peers. […] [Read More]
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Bankwell assets top $1B

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Net income for Bankwell Financial Group was $700,000 in the fourth quarter, down by nearly half from a year earlier due to $1.8 million in merger-related expenses from Bankwell’s acquisition of Quinnipiac Bank and Trust. New Canaan-based Bankwell (Nasdaq: BWFG) reported earnings per share of 10 cents in the fourth quarter, down from 34 cents for […] [Read More]
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Xerox headquarters in Norwalk.

Xerox continues job cuts

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Xerox reduced its headcount by 700 employees in the fourth quarter of 2014, as revenue ebbed 3 percent from a year earlier to $5 billion. Norwalk-based Xerox (NYSE:XRX) earned $162 million in the fourth quarter, down 48 percent from the same period in 2013, with earnings per share off 46 percent to 13 cents. Xerox […] [Read More]
Categories: General

Goodway expanding in Stamford

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Goodway Technologies is expanding in Stamford, adding up to 20 jobs and improving its facility at 420 West Ave. Goodway manufactures systems to clean out the inside of ducts and shafts in building heating and air conditioning systems, as well as floor cleaners, pressure washers and other equipment. The company currently employs about 80 people […] [Read More]
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‘Fix-it’ appliance workshop set for Feb. 4

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Rippowam Labs is offering free access to an appliance repair expert at a “Fix-It” night scheduled for Feb. 4 at 7 p.m. at its “Makerspace” facility at 482 Summer St. in Stamford. Many appliances are “fair game” for free repairs, in Rippowam Labs’ words, save for large units like refrigerators, ovens, dishwashers and others that […] [Read More]
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Accounting guide released

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The Financial Accounting Foundation, based in Norwalk, on Thursday released an updated print edition of the Financial Accounting Standards Board’s FASB Accounting Standards Codification, the authoritative source of Generally Accepted Accounting Principles for public and private companies and not-for-profit organizations. The new four-volume bound edition of the FASB Codification contains all of the content of […] [Read More]
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