Now soup is in the BPA soup

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A new study in JAMA, Journal of the American Medical Association, found the urine of people who just consumed canned soup, had higher levels of BPA. While the study doesn’t make a connection to any health risks, it’s another shot in the war against chemicals that have seeped into the blood streams of humans and […] [Read More]
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Insiders exercising options ahead of holidays

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Missouri-based officers of Leggett & Platt Inc., the home goods maker, snapped up shares in their company at as much as a $2.50 discount from Tuesday’s trading levels. The question is as volatility continues to swing prices up and down, what will insiders do with options carrying higher values? In the case of  the 11 […] [Read More]
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SEC files on Madoff’s Kugel and moves on a D.C. Ponzi

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The Securities and Exchange Commission is continuing to clean up the Beranard Madoff mess bringing charges against long-term Madoff employee, David Kugel. Kugel pleaded guilty to six felony charges on Monday as well. According to the SEC, Kugel was asked by Madoff to provide the firm’s investment advisory operations with backdated arbitrage trade information to […] [Read More]
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State unemployment rate drops to 8.7 percent

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Connecticut’s unemployment rate dropped to 8.7 percent in October, from 8.9 percent in September, marking the second straight month of job growth for the Nutmeg State, according to Labor Department statistics. The Labor Department said October’s job gains came primarily from professional and business services sector, where 3,000 jobs were added. Construction, thanks to tropical […] [Read More]
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Ineffectual, a new hit song from D.C.

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Good morning on this shortened work week. We’ve decided to start Monday off with a song in honor of the Super Terrific Deficit Cutting Committee and Congress proving once again, how ineffectual they’ve all become down there at a time when leadership is needed. With Apologies to Nat King Cole Ineffectual That’s what you are, […] [Read More]
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A pre-IPO Facebook investment scam took in $12.6 million

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The SEC has charged a group of people and their associated companies of running a scam that claimed investors could obtain pre-IPO shares of hot companies, including Facebook. The used a series of companies, including Florida-based Praetorian Global Fund and Spartan Capital to take in money. The idea was simple, the SEC said. They said […] [Read More]
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Stanley Black & Decker looks to cut short-term borrowing

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New Britain-based Stanley Black and Decker filed a prospectus and amendment on Nov. 17 announcing plans to issue senior unsecured debt. The tool maker said it’s looking to pay down short term borrowing. According to the latest prospectus, filed with the SEC, Stanley has $560.7 million of short term debt and $2.73 billion in long-term […] [Read More]
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Senators offering bans on Congressional insider trading

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The market profiteering uncovered by 60 minutes last weekend looked so bad, two members of Congress are moving to if not ban insider trading completely, to at least make disclosure a part of the process. The TV news show dug into the investment activities of Congress and found members from both sides of the aisle […] [Read More]
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