Kaman board declares dividend

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Kaman’s board authorized a 16 cent quarterly dividend today to shareholders of record on June 19. It is payable on July 3, the same day as the West Haven fireworks. Kaman shares were up a penny to $28.50 in trading on Tuesday. [Read More]
Categories: Defense, General, Wall Street
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OK mineral company relocates to Stamford

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Gov. Dannel P. Malloy announced Tuesday his hometown of Stamford will be the new headquarters for Tronox Inc., a global producer of titanium di-oxide used to whiten paint and other residential and commercial products. The state is giving Tronox a $3 million loan to move into 1 Stamford Place, where Tronox has pledged to invest […] [Read More]
Categories: Economy, General

Last chance for Veterans to register for construction job fair

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Veterans with construction skills have until today to register for a jobs matching program which will take place in Middletown on June 14. Here’s some good information from U.S. Rep. Rosa DeLauro on the program with a link to register: NEW HAVEN – Congresswoman Rosa L. DeLauro is encouraging local veterans with experience in the […] [Read More]
Categories: General

When will the house fall on the witch?

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Well, heading into this week, one can only say “It’s a twister, it’s a twister! Jeez, look across the Atlantic and the countries lining up to bail out their banks is seemingly as long as the line of displeased Facebook IPO investors. And then there was that ugly jobs report last Friday topped by news […] [Read More]
Categories: Economy, General, Wall Street
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AG Jepsen OK with more hospital consolidation

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Here’s the AG’s take on the merger of Yale-New Haven and Saint Raph’s. HARTFORD – Attorney General George Jepsen announced today that he has completed his antitrust investigation of the proposed merger of Yale-New Haven Hospital and The Hospital of Saint Raphael and will not seek to block the merger under Connecticut’s antitrust law. The […] [Read More]

Obama administration pushes recognition of military credentials

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Just a day after U.S. Sen. Richard Blumenthal, D-Conn., told a panel of H.R. executives legislation needs to be enacted to get states like Connecticut to recognize the military credentials of discharged servicemen and women the Obama administration pressed for the same thing through a Veteran Jobs Corps bill. Blumenthal said soldiers driving big rigs […] [Read More]

NU shares remain aloft as market sells off

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While most of Connecticut-based companies saw their share prices pulled downward in Friday’s fall, Northeast Utilities’ stock remained buoyant and was up more than 1 percent to $36.43 just before 2:30 p.m. The Dow was off 238 points almost 2 percent while and the Nasdaq was down 70, a drop of more than 2 percent. […] [Read More]
Categories: Economy, Wall Street
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Household debt drops to $11.44 trillion despite student loan jump

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The New York Fed reported results of its quarterly survey for household debt this morning and found households across the nation have continued to deleverage, with much of that coming from reductions in mortgage debt. Overall, the situation appears better than a year ago and at the peak of indebtedness in 2008, but with the […] [Read More]

Veteran unemployment set to jump?

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U.S. Sen. Richard Blumenthal warned businesses Wednesday of a potential wave of veterans who could swell the ranks of the unemployed unless the private sector starts to realize the value of former military personnel. Blumenthal was a panelists at a Southern Connecticut Chapter of the Society of Human Resource Managers forum on Wednesday where experts […] [Read More]
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National $26 million manufacturing competition

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The Commerce Department and several other federal agencies are once again fielding applications for the Advanced Manufacturing Jobs and Innovation Accelerator Challenge, which could split $26 million between 12 companies. The program is designed to help manufacturers that have developed new products or systems by putting them through a review process and providing some of […] [Read More]
Categories: General