Zacks upgrades Terex to ‘strong buy’

on
Zacks Investment Research reported Tuesday that it has upgraded Terex Corp., the Norwalk-based global equipment maker, to a “strong buy.” On Oct. 23, Terex reported third-quarter 2013 adjusted earnings of 77 cents per share, a 24 percent improvement year over year, mainly due to reduced interest expense and a lower effective tax rate. The results […] [Read More]
Categories: General

CTM expands touchscreen tourism service

on
CTM Media Group has unveiled its latest visitor information touch-screen network in central Pennsylvania. The Stamford company’s Ettractions ExploreBoard Network is specifically designed for the hospitality and travel industry. The launch of the Lancaster touch-screen network kicked off with installations at Miller’s Smorgasbord, Best Western Intercourse and the Plain & Fancy Restaurant, CTM said. This […] [Read More]
Categories: General

WFSB, Cablevison extend talks as storm approaches

on
Fairfield County fans of WFSB Channel 3, the CBS affiliate in Hartford, shown Cablevision Systems’ Optimum TV, have a reprieve before the service is cut off, albeit a short one. Talks between representatives of Cablevision and WFSB had stalled leading up to an agreement that had been set to expire tonight at midnight. “Cablevision and […] [Read More]
Categories: General

Newtown Chamber kicks off 2014 with networking

on
The Newtown Chamber of Commerce will hold one of its free monthly networking events from 8 to 9 a.m. Wednesday, Jan. 8 at Sal e Pepe Contemporary Italian Bistro at 97 South Main Street in Newtown. All local business professionals are invited to attend. The guest speaker will be Rebecca Flynn of Big Brothers Big […] [Read More]
Categories: General

GE Healthcare showcases lung nodule detection technology

on
GE Healthcare, a unit of Fairfield-based General Electric Co., announced that the company’s clinical application for its fixed radiographic system, VolumeRAD, offers improved detection and management of patients with lung nodules, compared with conventional X-ray imaging of the chest. The company said it is a thoracic radiographic tomosynthesis product designed to improve the detection of […] [Read More]
Categories: General

Brynwood unit acquires SnackWell’s business

on
Back to Nature Foods Co., a portfolio company of Brynwood Partners VI has acquired the SnackWell’s cookies and snacks business from Mondelçz Global. Terms and conditions of the transaction were not disclosed. Brynwood VI and Mondelçz Global formed the Back to Nature joint venture in 2012 through a structure, whereby Brynwood VI acquired operating control […] [Read More]
Categories: General

GE produces new refrigerator at expanded Tennessee plant

on
GE produces new refrigerator at expanded Tennessee plant General Electric has started production of the first new GE Monogram brand refrigerator product platform since 2001 at its plant in Selmer, Tenn. The new product is part of a $20 million investment in the Monogram Refrigeration production facility. Fairfield-based GE also announced the expansion of its […] [Read More]
Categories: General

HMG Strategy closes 2013 with strong quarter

on
HMG Strategy, Westport-based producer of chief information officer executive leadership summits in North America, reported a strong finish in the fourth quarter, setting new highs for attendance and thought-leadership in a continuing series of executive-level events for CIOs and information technology leaders. “HMG Strategy has built the strongest CIO/IT executive leadership community in North America […] [Read More]
Categories: General

Stamford-based non-profit funds cancer gene therapy

on
The Stamford-based Alliance for Cancer Gene Therapy has provided nearly $25 million in grants to fund gene and cell therapy research to doctors who have discovered that cancers can be treated using patients’ own cells as a weapon, and can eliminate the harrowing, often debilitating effects of chemotherapy, radiation and surgery. Pioneers like Dr. Carl […] [Read More]
Categories: General

Independence Holding announces semi-annual cash dividend

on
Independence Holding Co., Stamford-based insurance holding company, declared its semi-annual cash dividend of $0.035 per share of common stock, payable to stockholders of record on Jan. 6, 2014, with a payment date of Jan. 20, 2014. IHC is a holding company principally engaged in the life and health insurance business and the acquisition of blocks […] [Read More]
Categories: General