Cash-strapped state government offers funding for biz recovery

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Info from the Guv released today, Wednesday. Governor Malloy Announces Business Assistance Program for Companies Affected by Hurricane Irene (HARTFORD, CT) – Governor Dannel P. Malloy and Department of Economic and Community Development (DECD) Commissioner Catherine Smith today announced a comprehensive business assistance program to help companies negatively impacted by Hurricane Irene. “This storm had […] [Read More]
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Tax man says you can pay late after Irene

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Businesses impacted by the storm get a break from state tax collector from Aug. 31 deadline. Here’s the release from the Department of Revenue Services. The Department of Revenue Services said businesses in counties subject to federal or state declarations of emergency or disaster  will receive an extension to Sept. 7  to file their monthly […] [Read More]
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Unemployment assistance remains available after Irene

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The State Labor Department said Monday that those who had difficulty filing for unemployment benefits this weekend, when the storm Irene hit, can file later in the week. The Department said those claiming benefits for the week ending Aug. 27 have until Friday, Sept. 2 to file. While the department had to close its main […] [Read More]
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Income tax calculator available at DRS

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DRS, income tax [Read More]
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Higher One to buy back $40M in shares

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New Haven-based Higher One announced Tuesday morning in an SEC filing it’s joining other companies looking to their own stocks for value. The company, which provides student bill paying services and options at colleges across the country, said the repurchase program will run through Sept. 7, 2012. The company said there is no guarantee it […] [Read More]
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Connecticut shed 300 jobs in July

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The state Labor Department reported Thursday the state lost 300 jobs and the unemployment rate remained at 9.1 percent. [Read More]
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A European banking crisis and recession fear trip up market

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Stocks got planted Thursday as panic took hold over investors worried the world edged closer to recession because of continued problems in the European banking system. Carolyn Frzop, first vice president of Janney Montgomery Scott, said investors are concerned European’s are about to have their “Lehman Brothers moment,” as key banks struggle over debt issues […] [Read More]

SEC turns to $nitches: New TV series surely coming

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Friday finally saw a door opened for a TV series on SEC investigators, as the Wall Street watchdog can now pay snitches, just like so many cops on prime-time dramas have done. It was one of the missing ingredients for a show: a nervous or hipster snitch who walks that good/bad guy line. I imagine […] [Read More]
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Sikorsky delivers two Seahawks to Thailand

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Sikorsky Aircraft said in a press release Monday the U.S. Navy delivered two MH-60s helicopters to the Royal Thai Navy, marking the first time the nation’s most advanced naval military copter has been delivered to an international customer. The U.S. Navy flew the aircraft from Owego, N.Y., to the Port of Baltimore, Md., ahead of […] [Read More]
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Kaman reports earnings nearly doubled in 2Q

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A key Sikorsky Aircraft supplier as well as an important aerospace manufacturers in the state, Bloomfield-based Kaman announced strong second quarter earnings Thursday, though its stock on the Nasdaq Market dropped $1.46 to $33.11 on a day when the Nasdaq Composite was down 5 percent. Here’s Kaman’s press release on the results: BLOOMFIELD, Conn., Aug […] [Read More]
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