Monthly Archive for January, 2012

: January, 2012

State paying Chase $25K to run tax refund debit card program

State Treasurer Denise Nappier said Tuesday her office reviewed nine proposals from banks who wanted to run the state’s new debit card tax refund program. On Monday, the Connecticut Department of

Senate criticized for changes to ‘insider trading’ ban

With millions of dollars on the line for its members, the Senate has not yet voted on the Stop Trading on Congressional Knowledge Act that would prohibit Congressmen and staff from making trades on

In 15 years, UTC spent $1 billion on employee education

Gov. Dannel P. Malloy lauded Hartford-based United Technologies Corp. on Tuesday for spending $1 billion on the education of its employees. Fifteen years ago, UTC started its Employee Scholar Program

You’ve been carded: State tax refunds coming as debit cards

The State Department of Revenue Services said Monday it will not send you a tax refund check, instead, people who overpaid will now be issued a Chase Bank debit card if they do not accept direct

HUB B trying to buck Blue Monday

While a lot of Connecticut stocks on Monday were handing back gains made last week, Shelton-based Hubbell Inc. was up marginally 0.44 percent to $72.64. Reuters said Hubbell, a player in the lighting

Conn. ranks sixth for full-time public sector salaries

The Census Bureau reported Monday that Nutmeg public sector workers had the sixth highest salaries in the nation in March of 2010. As the state continues to try to grapple with budget problems it

Financial Mines covering Parrett talking China

Tonight, we’ll be tweeting from UB’s Sammis Lecture, which features William Parrett, chairman of the U.S. Council for International Business and a director of The Blackstone Group. Tonight’s topic –

Commercial shipments at Sikorsky stall, but takeoff at Pratt

Stratford-based Sikorsky Aircraft saw its commercial shipments fall to 12 in the fourth quarter compared to 16 in the same period a year ago, while its sister UTC company Pratt & Whitney

UTC EPS up 12 percent

United Technologies Corp. reported fourth quarter net income attributable to shareholders climbed to $1.3 billion, or $1.47 per diluted share, from $1.2 billion, or $1.31 per diluted share a year ago.

Sikorsky wants Danes to fly Seahawks

Sikorsky Aircraft’s aftermarket division signed an agreement with Danish Aerotech A/S to discuss the establishment of a support facility and service should Sikorsky win a Roayl Danish Navy contract.