Monthly Archive for December, 2011

: December, 2011

Conn. Sears spared in 1st round of cuts

Sears posted a list of 79 of 100 stores it plans to close. No Conn stores were listed.
Categories: General, Main Street

Storm credit scam alert!

This just in from Berlin. Berlin, CT – December 28, 2011 – Connecticut Light & Power (CL&P) is asking customers to be wary of people who may come to their home, claiming that they are “from
Categories: General
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Port development coming to Connecticut?

Connecticut, a state whose principal wealth was once dependent upon the seas, has hired a California consulting firm to tell it how to use its deep water ports. For several decades now, the state’s
Categories: General

GE Cap buys $7.5B in deposits from MetLife

As one analyst noted, GE Capital didn’t waste any time moving forward with plans to increase deposits and move away from its dependence on commercial paper. GE Capital announced Tuesday that its
Categories: General

Wait leaving Cigna board

In an SEC filing Tuesday morning, Dec. 27, 2011, Cigna Corp. announced the departure of one of its long-serving directors. “Carol C. Wait, who has served on the Board of Directors of Cigna Corporation
Categories: General

Sikorsky continues to protect Irish coast

This is from a few days ago, but Sikorsky Aircraft announced on Dec. 21, 2011, it delivered a new S-92 Search and Rescue helicopter to the company that patrols the coast under a contract for the Irish
Categories: General
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When you’re desperate, beware offers of help

Once again, a warning has gone out to unemployed workers that someone out there is trying to profit off of your desperation. The Connecticut Labor Department said right before staff took off for the
Categories: General
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Deals struck and possibly unstruck in Conn.

Attorney General George Jepsen urged utility regulators to reevaluate the NSTAR NU merger deal on the heals of NU’s performance during this year’s major electrical outages. It was noted here in
Categories: General

GE Funding Capital Markets to pay $34.25 M settlement to states

This just in from AG Jepsen: HARTFORD — Attorney General George Jepsen today announced a $34.25 million multistate settlement with GE Funding Capital Market Services, Inc. (“GE Funding”) as part of
Categories: General
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Payroll tax issue down, now onto deficit dilemma 2012

Right after the House Republicans caved to pressure and passed a payroll tax cut extension, the U.S. Government Accounting Office issued the audited report of the Sec. of  U.S finances and noted the
Categories: General