Monthly Archive for September, 2011

: September, 2011

Red Alert: Investors keep an eye on sub accounts

Probably good timing on this warning from the SEC as desperate economic times are here leaving  some highly leveraged players looking for a quick buck and your sub accounts could provide that

GE and UTC among top 25 penalized gov. contractors

The Project on Government Oversight, a Washington, D.C. watchdog group, has listed the top 100 government contractors and the amount of penalties and fees racked up by the companies since 1995. United

Oxford Health looking for 11 percent

United Health Care’s Oxford Health is the first out of the gate with its filing for large group health plans for 2012. Oxford is proposing an average 11 percent hike to its large group plans offered

A refreshing find at Wall Street protest

New York City– I checked in on The Occupy Wall Street protest on Monday to see what it was all about. Interesting collection of people who, whether you agree with them or not, do deserve some respect

Another fall in the quant world

Although not quite Homeric, here is another tale in the securities trade in which human frailty – pride, arrogance, fear, insecurity and maybe all of them together– trumped the venerable quantitative

UTC Goodrich deal already draws a legal fight

Just hours after United Technologies and Goodrich Corp. held a joint conference with analysts,the New York law firm of Levi and Korsinky announced it was looking into the matter to gear up for a

Wave goodbye Windsor Locks? Hamilton to NC

As part of its proposal to buy Goodrich Corp. for $18 billion, United Technologies is proposing to merge its Hamilton-Sundstrand unit with Goodrich and form UTC Aerospace System and headquarter them

UTC shares pummeled as execs talk $18.4 B Goodrich deal

Shares of United Technologies Corp., led the Down Jones Industrial Average down Thursday morning as executives of the company answered questions about an $18.4 billion deal to buy Goodrich. Shares in

Former RBS Securities executive to serve one year for embezzlement

James Glover, of West Harrison, N.Y. was sentenced Thursday to serve one year and a day in prison for embezzling nearly $625,000 from a former employer. Glover paid the money back in full before

Kaman buys assets of Mass.-based motion control distributor

Bloomfield-based Kaman Corp. said Monday its subsidiary Kaman Industrial Technologies Corp. acquired the assets of Target Electronic Supply Inc. of Westwood, Mass. The  value of the deal was not