Monthly Archive for January, 2012

: January, 2012

Financial Mines now a-tweeting

For those that want to stay in the know, Financial Mines has found twitter at last. Check us out as Hearst Connecticut’s business section tweets big meetings, updates financial, insurance, corporate,
Categories: General

Earnings to fixed charges ratio slips at UBS parent

UBS AG told the SEC Monday its earnings to fixed charges ratio slipped to 1.50 percent for its fiscal year ended Sept. 30, 2011. In the previous year, its ratio was 1.53 percent. The ratio is higher
Categories: Banking, Wall Street
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Kaman up more than 4 percent Friday

Bloomfield-based aerospace company Kaman Corp. saw its shares surge more than 4.7 percent Friday to $28.08 a share on the Nasdaq. It held onto a 3.54 percent gain to close at $27.75 on a day when the
Categories: Defense, Wall Street
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New Pentagon strategy should give Sikorsky, GE and EB work

Initial assesments of the Pentagon’s new military priorities indicate Connecticut companies are in good position to continue to capture defense contracts down the road. However, the hundreds of
Categories: Defense, GE, Sikorsky
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Swiss bankers indicted for helping Americans evade taxes

As promised, the U.S. Justice Department and IRS are going after Americans evading taxes and the bankers who help them. For those who scoffed at the ability of the U.S. to pry open the secret Swiss
Categories: Banking, Regulatory
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Not so holly jolly after all

The GAP and Toys R Us reported disappointing sales figures for December. While Toys R Us reported a percentage increase in comparable same-store sales from a year ago, it noted it didn’t open as many
Categories: Economy, Main Street

Zillow takes Google over Adobe

Google grabbed another convert to its analytics platform, as Zillow announced it has signed up with the California-based behemoth. In an SEC filing Thursday, Zillow said it is no longer using Adobe’s
Categories: General, Wall Street
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Societe Generale closing Stamford energy operation

Societe Generale confirmed Wednesday it will shut down its Societe Generale Energy Co. operation in Stamford and begin laying off 129 workers in March. In December, the company stopped taking new
Categories: General, Wall Street

Lampert’s Sears hires a retailer to fix things

Greenwich resident Edward Lampert has added a retail pro to the leadership of Sears as concerns rise over the future of this icon of American commerce. Sears announced it has hired Ron Boire to be the
Categories: GE, Main Street

Webster, GE, UTC winners on 2012’s first trading day

GE, UTC, Xerox and Webster Bank were among the Connecticut-based companies that saw their share prices outpace the S&P 500’s 1.55 percent gain Tuesday, the first day of trading in 2012. The
Categories: GE, General, Wall Street