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Author: Rob Varnon

GE sees high revenue growth in Asia, Latin America, Middle East and Africa

GE executives delivered an optimistic report Wednesday reconfirming their expectations or revenue growth of better than 10 percent in regions outside North America and Europe. In a press release
Categories: Economy, GE, General

The Chefs’ Warehouse Inc. met expectations in the 4Q

Ridgefield-based The Chefs’ Warehouse hit its number in the fourth quarter, posting earnings per diluted share of 25 cents on net income of $5.2 million. In the fourth quarter of 2010, Chefs’ reported
Categories: General, Wall Street

Court freezes assets of L.I. advisor managing $74 million in funds

The SEC filed a civil complaint against Brian Raymond Callahan of New York charging him with misappropriating client funds from his Horizon Global Advisors, funds. Among the accusations Callahan faces
Categories: Hedge Funds, Wall Street
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Norwalk’s Bolt Technology briefly up during Tuesday’s plunge

The underwater cable and maker of other underwater exploration equipment briefly defied Tuesday’s market plunge around noon, rising 1.52 percent before the undertow of the larger trend sucked it
Categories: General, Wall Street
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Millions in fines face Stratford and Greenwich film enterprise pitches

The State Banking Department confirmed Monday allegations of state security fraud have been permanently entered against organizers of a movie studio in Stratford and a film development operation in

SEC wins $10 million judgement against MBS peddler

Another reminder of how corruption rippled through the investment sector on the wings of easy credit and predatory. Last Friday, the U.S. Securities and Exchange Commission reported a federal judge

Shelton’s Lex Products wins $8.1 million Army contract

The Pentagon said Thursday it is awarding Lex products another order for mobile generator system parts valued at $8.1 million. The company is to deliver the compnenents in January 2013. This is a
Categories: Defense, General

Fed Gov. defends low-rate policies during Westport speech

Federal Reserve Board Governor Sarah Bloom Raskin was in Westport Thursday speaking to the Y’s Men group, a fellowship of 375 mostly retirees. It was almost an hour long presentation with questions

Fed Gov Raskin in Westport to talk about savings

Sarah Bloom Raskin is scheduled to speak in 7 minutes in Westport during a meeting of the Y’s Men. Raskin has family in Westport. We will be tweeting highlights from her talk on
Categories: General

Hamlet’s philosophy fails New Canaan man facing 10 years for tax evasion

The U.S. Attorney for the State of Connecticut announced Wednesday, New Canaanite Sherwood Schaub, 70, pleaded guilty to charges of evading taxes for a decade. One of the things Schaub, also known as
Categories: General, Regulatory, Taxes