Monthly Archive for January, 2013

: January, 2013

IRS is open for business, sort of

The Internal Revenue Service has opened the 2013 filing season by announcing a variety of enhanced products and services to help taxpayers prepare and file their tax returns. “This year, taxpayers
Categories: Taxes

Another robo-signing settlement: Lender Processing to pay $121 million

New York Attorney General Eric T. Schneiderman announced Thursday morning a multi-state settlement with Lender Processing Services Inc. and its subsidiaries, LPS Default Solutions and DocX to resolve
Categories: Banking, Fraud

Mortgage applications plunged last week, rates hit 4 month high

The Mortgage Bankers Association said applications for home loans across the nation fell 8.1 percent last week compared to the previous one and the average interest rate jumped to 3.67 percent, the

Shares in Stamford’s Crane pop 5 percent Tuesday

Shares in Stamford-based Crane Co. jumped in Tuesday trading the day after the industrial products maker posted a record earnings for 2012 and forecast another record for 2013. Crane shares were
Categories: Wall Street
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First five days of tax season and 1,225 residents have state refunds

More than 15,500 Connecticut residents got the jump on tax season and have already filed their returns, the state Department of Revenue Services said this week. Tax season officially opened in
Categories: Taxes
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Former Stamford Jefferies trader faces criminal and SEC fraud charges

The U.S. Securities and Exchange Commission and the U.S. Attorney for the district of Connecticut announced Monday that Jess Litvak, a former broker and managing director of Jefferies and Co., has
Categories: Fraud
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Bridgeport-Stamford construction job growth in top 25

The Associated General Contractors of America published its monthly review of the construction job market for U.S. metro regions and found Bridgeport-Stamford to be the 23rd best in the country in

Powers turns Hubbell helm over to Nord

Timothy Powers held his last conference as CEO of Shelton-based Hubbell Thursday stepping aside as CEO, making way for David Nord. “Before we discuss the financial results, I would like to take this
Categories: General, Wall Street

Connecticut had the fastest shrinking labor force in 2012

New Haven-based economist Donald Klepper-Smith crunched some numbers on the labor force and found Connecticut ranked first in the nation in both the total number of people who quit the labor force and
Categories: Economy, Labor

Sikorsky shows improvement in fourth quarter

Sales increased three percent and Stratford-based Sikorsky Aircraft delivered 18 more aircraft in the fourth quarter of 2012 compared to the same period a year ago. The helicopter maker’s parent