Monthly Archive for March, 2012

: March, 2012

Pentagon says it will pay more for Black Hawks

The Pentagon told Congress on Friday it trimmed an estimated $8.7 billion in acquisition costs from 83 programs that are being continued from 2010. However, costs for the UH60 Black Hawk, made by by
Categories: Defense
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Ruger’s success overshadowed by politics

Fairfield-based Sturm Ruger and Company Inc. had more than 1 million orders for new firearms in the first quarter, overloading its factory capacity. The company said last week it was temporarily

IPO market is a shadow of itself in 1Q

Greenwich-based Renaissance Capital reported this week on IPOs for the first quarter of this year, just a few days after Congress passed legislation containing a provision originally authored and
Categories: Wall Street

Connecticut turns to Kroll for bond issuance rating

Connecticut State Treasurer Denise Nappier is taking a run at the established credit ratings agencies, electing to have New York-based Kroll Bond Ratings rate $14 billion in outstanding general

Connecticut adds 4,900 jobs in February

The State Labor Department reported Thursday employers added a net 4,900 jobs in February as the unemployment rate dropped below 8 percent for the first time in nearly three years. The department said
Categories: Economy, General
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Labor Department programs enter budget battle stage

The fight over Washington spending continues as the nation heads into the election with Labor Department programs to take center stage on whether they are appropriate, working and even where the

Top UIL executives raises run from 3-to-9 percent

UIL Holdings reported to the SEC on Tuesday that its board of directors rewarded top management with raises and stock options for hitting their targets of the last year. Raises to the top five
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Financiers take to Arena Thursday!

We’re not talking gladiatorial here, instead we’re talking about a bevy of bankers who will be at the Webster Arena at Harbor Yard Thursday from 10 a.m. to 7 p.m. to try to help out distressed

SEC in the Cayman Islands — and not for vacation

That’s right folks, in case you haven’t heard the U.S. Securities and Exchange Commission is continuing to sign memorandums of understanding with other regulators around the globe and late last week
Categories: Hedge Funds, Regulatory

Jobs Acts creates work for writing hedge fund jingles

For a Congress that once moved at the same pace as I-95 in Stamford at 5:21 p.m., this one is doing quite a bit. This week, the crew inside the beltway actually passed a couple important pieces of
Categories: Regulatory, Wall Street
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