Sikorsky’s S-92 heads to Afghanistan

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Sikorsky, whose S-92 line has largely been confined to oil rigs and VIP transport, is going to get a work out in Afghanistan. On Monday, Sikorsky delivered the second of two S-92s to AAR Corp., which has a $450 million contract to provide transportation services for up to five years in Afghanistan. “Deployment to Afghanistan […] [Read More]
Categories: General

Earnings this week good proxy for factory, pharma and finance

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Earnings this week should provide a glimpse of what kind of year 2010 was for insurance, manufacturing and pharma both nationally and locally here Fairfield and New Haven counties. Reports should also provide indications of executive expectations, which could foretell what kind of job opportunities will be available in these key sectors. Beginning Tuesday, Energizer […] [Read More]
Categories: General

Ethan Allen sales up 21 percent for 4Q 2010

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Ethan Allen Interiors Inc., the Danbury-based maker of home furnishings that saw revenues plummet during 2009, seems to be making a rebound as it on Monday reported a sales spike of 21 percent year over year for the fourth quarter. The press release is below: Ethan Allen Interiors Inc. (“Ethan Allen” or the “Company”) (NYSE:ETH) […] [Read More]

UTC earnings up 14 percent

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Big questions facing the company include concerns over raw material access and prices, threats to the stability of markets due to growing international trade disputes and how serious Congress and President Obama are about cutting federal spending. A conference call with analysts is scheduled for later this morning. UTC reported the following on their website, […] [Read More]
Categories: General

Extreme couponing

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The first word that comes to my mind is “Whoa.” It may not be the most sophisticated or eloquent word — especially for a journalist with an English degree — but there it is. I’m talking about this phenomenon recently documented on The Learning Channel called “extreme couponing.” The second word that comes to my […] [Read More]
Categories: General

State drops 4,300 jobs in December

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The State Labor Department said Connecticut lost 4,300 jobs in December, bringing the state’s nonfarm employment to 1,613,400. On a seasonally adjusted basis, this represents an increase of 5,300 jobs from a year earlier, when nonfarm employment totaled 1,608,100. The state’s unemployment rate remained the same at 9 percent. The national rate is 9.4 percent. […] [Read More]
Categories: General

Malloy taps former Assistant AG for Consumer Protection

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Gov. Dannel P. Malloy has selected Attorney William M. Rubenstein, a former assistant attorney general and lawyer at the Federal Trade Commission, to head the state’s Consumer Protection Department. Consumer Protection in the state has suffered an identity crisis and often taking a back seat to the AGs office on matters affecting consumers. The department […] [Read More]
Categories: General

Himes back on Finance

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U.S. Rep. Jim Himes, D-Conn., will continue to work on financial regulations under the Republican-controlled House. Himes, a veteran of Goldman Sachs and Greenwich resident, was reappointed by Democratic leadership to the House Committee on Financial Services on Thursday. Financial regulatory reform, passed under Demcorats in the last Congress, appears ripe for review by Republicans, […] [Read More]
Categories: General

Goldman to pay CT $1M for auction rate security issues

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The Connecticut Banking Department concluded its investigation into Goldman Sachs’ handling of its auction rate securities business last month getting the Wall Street firm to agree to pay a $1 million fine. This was part of a multi-state investigation into Goldman’s marketing of auction rate securities, which are are long-term bonds issued by municipalities, corporations, […] [Read More]
Categories: General

Got a revaluation story?

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Did you get an equity line of credit cut, lose a mortgage refinance deal because your home lost value in the last couple years? If that happened and then you were told the same property gained in value for tax purposes during a revaluation, we want to talk to you. Contact reporter Rob Varnon at […] [Read More]
Categories: General