Monthly Archive for July, 2011

: July, 2011

Diageo gets hammered by SEC

The SEC leveled allegations of bribery against Diageo on Wednesday and the company coughed up $16 million to make it all go away. Washington, D.C., July 27, 2011 — The Securities and Exchange
Categories: General

Energizer shares hit high boosted by Schick razor maker

Shares in Energizer Holdings, the parent of Milford-based Schick Wilkinson-Sword, shot up as much as 9 percent in Wednesday trading after the company announced results for the third fiscal quarter.
Categories: General
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W.R. Berkley shares surge after earnings

Shares in Greenwich-based insurer W.R. Berkley jumped more than 3 percent in morning trading after the company held a meeting with analysts to discuss its second quarter earnings. On Monday, WRB,
Categories: General

UTC profits hit $1.3 billion

UTC reported net income Of $1.3 billion and EPS of $1.45. The Hartford corporation said all six of its units saw organic sales growth in the quarter, the first time that has happened since 2008.
Categories: General

Sikorsky’s S-97 Raider program takes flight

Sikorsky Aircraft said its X2 experimental helicopter took its final flight Thursday marking the beginning of the Stratford helicopter maker’s effort to move into a production model, the S-97 Raider.
Categories: General

People’s trims its Mass. employment B of A hits Conn.

Two banks cut jobs in New England adding to a growing list of recent actions that will be adding to the unemployment ranks. People’s confirmed last week to The Boston Globe that it will trim about 91
Categories: General

Amnesia and the sunshine economy

Downtown, after 9 a.m. it was difficult to find parking. By 11 a.m, the merciless heat chased people inside the multitude of shops and restaurants. This was Pasadena’s downtown shopping district, last
Categories: General

People’s closes on Danvers

Bridgeport-based People’s United Financial Inc., announced Friday the final approvals for the purchase of Danvers Bancorp Inc. have been granted and the deal is now complete. Danvers will give
Categories: General