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Rich Lee

W.R. Berkley sees jump in net income

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W.R. Berkley, Greenwich-based insurance holding company, reported net income for the first quarter of $170 million, or $1.25 per share, compared with $117 million or 83 cents per share for the same period in 2013. Written premiums increased by 11 percent, and the return on equity was 15.7 percent, according to the company. “We had […] [Read More]
Categories: General

United Rentals joins the Campbell Institute as charter member

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United Rentals, Stamford-based equipment rental company, been named a charter member of the Campbell Institute, the environmental, health and safety center of excellence of the National Safety Council. The institute provides a forum for prominent companies in diverse industries to share their expertise through EHS research, partnerships and a collaborative knowledge base. “We’re honored and […] [Read More]
Categories: General

Hexcel introduces new composite airline seat

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Zodiac Aerospace, France-based world leader in aircraft seating, teamed with Stamford-based Hexcel, a global provider of aerospace carbon fiber composite materials, to develop L3, a new lighter passenger seat for passenger aircraft. The first seats were presented to airlines during the Aircraft Interiors Expo in Hamburg, Germany. The L3 is a revolutionary passenger seat dedicated […] [Read More]
Categories: General

Starwood opens Westin hotel in Delaware

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Starwood Hotels & Resorts Worldwide, Stamford-based owner, operator and franchisor of hotels, resorts and residences, announced the opening of The Westin Wilmington, a newly constructed hotel at the heart of the Wilmington, Del.’s revitalized riverfront district. Owned by a joint venture between The Buccini/Pollin Group and Westport Capital, and managed by PM Hospitality Strategies, the […] [Read More]
Categories: General

Acme reports 19 percent jump in net income

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Acme United, Fairifield-based worldwide supplier of cutting, measuring and Frst Aid products to the school, home, office, hardware and industrial markets, reported first quarter net income of $368,000 or 11 cents per diluted share compared wiht $309,000 or 10 cents per diluted share for the first quarter of 2013. Traded on the New York Stock […] [Read More]
Categories: General

CERC updates CTSiteFinder.com

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The Connecticut Economic Resource Center has launched its newest edition of CTSiteFinder.com — Connecticut’s most comprehensive database of commercial and industrial property and economic data. The site, free for users searching for available space for a new or expanding business, received a streamlined, cleaner look and feel. The SiteFinder homepage is now easier to navigate […] [Read More]
Categories: General

Bridgeport magazine manages SailQuest

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Bridgeport-based Windcheck magazine is managing the SailQuest Boat Show, a boutique boat show at Mystic Shipyard in Mystic from May 2-4. Sound Sailing Center in Norwalk and Mystic, will be on site to discuss their sailing programs in New London and Fairfield counties. Attendees may take advantage of learning more about these programs during the […] [Read More]
Categories: General

Crius Energy launches Citra Solar, new solar brand

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Crius Energy, Stamford-based provider of electricity, natural gas and solar products to residential and commercial customers, has launched launch a stand-alone solar brand, Citra SolarT, to focus on the solar sector and complement the company’s portfolio of energy brands, product offerings and distribution channels. Initially, Citra SolarT services will be offered to customers of Frontier […] [Read More]
Categories: General

Interactive Brokers nearly triples net income

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Interactive Brokers Group, Greenwich-based automated global electronic broker and market maker, reported net income of $19.1 million or 34 cents per diluted share for the quarter ended March 31, compared with $6.6 million or 14 cents per diluted share for the same period last year. Net revenues were $355 million, and income before income taxes […] [Read More]
Categories: General

United Rentals sees net income jump

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United Rentals, Stamford-based global equipment rental company, announced first quarter net income of $60 million or 56 cents per diluted share, compared with $21 million or 19 cents per diluted share for the same period last year. Total revenue was $1.18 billion and rental revenue was $1.01 billion, compared with $1.10 billion and $916 million, […] [Read More]
Categories: General