Pitney Bowes assists DATA Group with expansion

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DATA Group is using direct mail technology from Pitney Bowes to grow its business with direct mail operations expansion in the western part of Canada. With the help of Pitney Bowes’s technology, DATA Group extended its capabilities to provide omnichannel offerings for its clients. As one of Canada’s largest managed business communications providers, DATA wanted […] [Read More]
Categories: General

Bridgeport’s Steelpointe Harbor advances with property transfer

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As Bridgeport’s Steel Point redevelopment — Steelpointe Harbor — continues moving closer to launch, Mayor Bill Finch took another step in the process this week by signing the first property transfer documents. “The development of Steelpointe Harbor is a game-changer for Bridgeport,” Finch said, in prepared comments. “Folks in the Park City have been waiting […] [Read More]
Categories: General

GE Capital leads $135 million in credit facilities for King’s Hawaiian

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GE Capital, Corporate Finance, based in Norwalk, is the administrative agent on $135 million in senior secured financing for King’s Hawaiian, a Torrance, Calif.-based manufacturer of bread and rolls. The financing will be used to expand the company’s production capacity and for working capital. GE Capital Markets served as sole lead arranger and bookrunner on the […] [Read More]
Categories: General

Xerox sees slight drop in net income

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Xerox, Norwalk-based business process and document management company, announced first-quarter net income of $281 million or 23 cents per diluted share, compared with $296 million or 23 cents per diluted share for the same period in 2013. Total revenue in the first quarter was $5.1 billion, down 2 percent from the first quarter of 2013. […] [Read More]
Categories: General

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

Stamford mayor to meet with Pitney Bowes CFO

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Stamford’s Mayor David Martin is slated to meet with Pitney Bowes CFO Michael Monahan on Friday, according to his weekly schedule released Tuesday. The subject of the meeting, which will take place at the Government Center, was not specified and the press is not invited to attend. Last month, the company announced that it was […] [Read More]
Categories: General
Lionell L. Nowell III, 59, of Cos Cob

Cos Cob man re-elected to power company board

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Lionel L. Nowell III, of Cos Cob, was re-elected to the board of directors for American Electric Power, the publicly traded company based in Columbus, Ohio. Nowell, a 59-year-old former senior vice president and treasurer of PepsiCo, has been a director at AEP since 2004. He is also a director of Reynolds American and Bank […] [Read More]
Categories: General
Chef Marceio Carvalho, Restaurateur Ramze Zakka, owner Adam Zakka, Greenwich United Way Campaign Co-chair Brook Urban, and Manager Christopher Vaughn.

Greenwich Ave restaurants raising funds for United Way

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The Greenwich United Way announced Monday that, from next Monday, April 28,  to Sunday, May 4, the Greenwich Avenue restaurants Terra and Mediterraneo will be raising money by hosting what they’re calling a “Week of Caring.” Throughout, part of the restaurants’ proceeds will benefit the United Way. It will be the ninth year in which […] [Read More]
Categories: General
Here is a screen grab from Leafly.com

Connecticut not among highest on cannabis list

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Connecticut may have legalized medical marijuana, but the Nutmeg State isn’t very high on the list of top visitors to online cannabis resource Leafly.com. With the arrival of April 20 — or “420,” or National Pot Day, as some call it — the owners of Leafly, including a former Greenwich investment banker, released a handful […] [Read More]
Categories: General