Pitney Bowes

Comp doubles for Pitney Bowes CEO

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In his second full year on the job, Pitney Bowes CEO Marc Lautenbach saw his estimated compensation double to $7 million, with the Stamford-based company providing mail equipment and services. Previously a longtime executive with IBM, Lautenbach joined Pitney Bowes in late 2012. During his tenure, Pitney Bowes has paid more than $150 million in […] [Read More]
Categories: General
Wrestlemania

Wrestlemania descends on Silicon Valley

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WWE stages Wrestlemania 31 on Sunday night, with the pay-per-view event representing the marquee theatrics on the Stamford-based company’s annual calendar. This year’s event is being held at Levi’s Stadium in Santa Clara, Calif., which seats 68,500 people. Tickets range from $35 to $1,000 including those already sold. WWE (NYSE: WWE) generated 690,000 pay-per-view purchases […] [Read More]
Categories: General
Downtown Bridgeport is under renovation with several projects underway to fix up the remaining old, vacant buildings.

Bridgeport agency launches downtown initiative

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BRIDGEPORT — The Downtown Special Services District has launched a new initiative called Bridgeport Creates. The movement will focus on ways to attract businesses, residents and visitors to the downtown. Hundreds of people have called downtown home over the last few years and new residences continue to be built. Businesses also have begun setting up […] [Read More]
Categories: General
Langhope Rig

GE acquires Scottish wind farm

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The Stamford-based-GE Energy Financial Services division of General Electric (NYSE: GE) acquired a wind farm under construction in Scotland. GE did not immediately state what it paid United Kingdom-based SSE for the Langhope Rig wind farm south of Edinburgh, which will include ten 1.6-megawatt wind turbines from GE. GE Energy Financial Services will own and operate […] [Read More]
Categories: General
Intelescope Solutions Tree Detection

Stamford big data co. raises $8.3m

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Stamford-based Intelescope Solutions has raised $8.3 million in funding, as it develops high-tech mapping and imaging services helping the forestry industry and investors better visualize timber assets. Intelescope says it uses a mix of drone and satellite imagery coupled with big-data computing power to process imagery as much as 100 times faster than other image […] [Read More]
Categories: General
Bob Costas

NBC Sports gets 42 shots at Emmy awards

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NBC Sports Group received 42 Emmy nominations, 15 of them for its coverage of the Olympic Winter Games in Sochi, Russia – the most of any single program this year – and 12 nominations for its NFL coverage. NBC Sports is based in Stamford and is owned by Comcast (Nasdaq: CMCSA); its Emmy nomination total […] [Read More]
Categories: General

Pitney Bowes targeted in share ploy

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TRC Capital Corp. is targeting another Connecticut company — this time Pitney Bowes — with an offer to buy shares at below-market prices in a “mini-tender” offer that have drawn the attention of financial regulators in past instances. Stamford-based Pitney Bowes (PBI: NYSE) notified investors it received notice of an unsolicited mini-tender offer by TRC […] [Read More]
Categories: General
The Beacon

The Beacon now leasing in Stamford

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Building and Land Technology has begun leasing its newest residential high-rise in Stamford, the 22-floor Beacon at Harbor Point with 240 units overlooking Stamford Harbor. The Beacon boosts the apartment count to 2,300 units built by Stamford-based BLT at Harbor Point. The building’s apartments feature floor-to-ceiling windows, stainless steel kitchen appliances and wood design flooring. […] [Read More]
Categories: General
Vantage

Study: mortgages limited by credit model

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More than 72,000 people nationally would qualify for a mortgage if the Federal Housing Finance Agency adopted an updated credit scoring model, according to estimates by VantageScore Solutions, a Stamford company that offers credit scoring services. VantageScore says the two mortgage lenders lock in credit models based on sample dates from between 1995 and 2000, […] [Read More]
Categories: Banking, General

Golf event to benefit at-risk families

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The 40th annual Dan & Yolanda Adley Memorial Golf Tournament to benefit Boys & Girls Village Inc. will take place June 1 at the Race Book Country Club in Orange. The event is sponsored in part by BIC, and the honorary title sponsor is the Village Foundation. As a key fundraising event, proceeds will benefit […] [Read More]
Categories: General