Monthly Archive for April, 2012

: April, 2012

Kaman profits off from a year ago

Lagging aerospace sales dampened profits at Bloomfield-based Kaman Corp. in the first quarter. The company reported results after the market closed Monday. Its shares lost 91 cents to close at $34.38
Categories: Defense, Wall Street

Up this week: Guns, wrestling, soundsystems, IT and electricity

Earnings season continues this coming week of April 30 to May 4, kicking off with Harman International Industries Inc. on Monday. Harman, which provides the sound inside many of the world’s premium
Categories: General, Wall Street
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Winter reprieve on utility bills ends May 1

Beginning May 1, utilities can turn the lights and gas off on people who haven’t paid their bills and the companies start pressing for people to set up payment plans. The amount of accounts in arrears
Categories: General, Main Street
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Still no contract between AT&T and CWA

The Communcations Workers of America, one of the major players in the 99 Power movement, is still locked in negotiations for a new contract covering the benefits and rights of about 4,000 Connecticut
Categories: General, Main Street

Former Latex International HR exec gets four years in the pen

A former human resources head at Shelton-based Latex International who pleaded guilty to embezzling $1.75 million was sentenced to 4 years in federal prison and will lose interest in three Vermont

White House says insurers owe Conn. residents $14.5 million

The White House, citing a Kaiser Family Foundation report, said 212,106 Connecticut residents will receive $14.5 million in rebates from health insurance companies that failed to spend at least 80
Categories: General, Insurance

CT Tax refund cards continue to trend negative

So, we’ve had some responses to Connecticut’s surprise decision to have Chase issue debit cards instead of cutting checks for state tax refunds. None have been positive. There are ways to avoid this
Categories: General

Cigna draws the ire of the 99

Working Families Connecticut called The Mines today to tell us they’ll be at Cigna’s annual meeting, today at 3 p.m. at the Bushnell to protest the insurers’ Washington lobbying as part of the 99
Categories: General
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Norwalk firms revisit Bear Stearns collapse in film and TV

Norwalk-based CABLEready, an international television program distribution and development company, acquired the exclusive worldwide television rights to Confidence Game , the new feature documentary

Sikorsky sales down in 1Q but UTC beats street

Sales were down by 15 percent at Sikorsky Aircraft in the first quarter, but the profit margin increased as the Stratford helicopter maker cut costs, its parent company, United Technologies Corp.