Starwood Hotels shows strong growth in 2013

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Starwood Hotels & Resorts Worldwide Inc., said it opened 74 new hotels in 2013, representing about 16,200 rooms in 22 countries, expanding its footprint particularly in developing markets. The company signed 152 new hotel agreements in 2013, marking the fourth consecutive year of increased signings and the highest number of new hotel deals signed since […] [Read More]
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Starwood Energy closes financing on Texas wind project

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Starwood Energy Group Global, a private investment firm focused on energy infrastructure, announced that an affiliate has completed agreements to finance and construct its first wind farm, a 211-megawatt project 45 miles south of Lubbock, Texas. The Stephens Ranch project, which represents the first of two phases that will total 377 megawatts, will use GE […] [Read More]
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GE Capital provides $50 million credit facility to Stoli

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GE Capital, Corporate Finance provided a $50 million senior credit facility to Stoli Group USA, the North American producer and distributor of Stolichnaya vodka. The financing will be used for working capital and general corporate purposes. Stolichnaya vodka, generally known as Stoli, is distributed by Stoli Group USA, a subsidiary of SPI Group, which is […] [Read More]
Categories: General
Sikorsky S-61T modernized helicopter completes its initial test flight.  (PRNewsFoto/Sikorsky Aircraft Corp.)

Sikorsky tests out latest model of old chopper

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Stratford-based Sikorsky Aircraft has successfully tested the latest version of the S-61T helicopter, an industry workhorse that’s now fitted out with an integrated glass cockpit and enhanced performance capabilities. Upgrades include a full structural refurbishment, overhaul of all major dynamic components, new composite main rotor blades, a survivability suite and state-of-the-art glass cockpit, as well […] [Read More]
Categories: General

Silgan to post earnings results

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Silgan Holdings Inc., Stamford-based supplier of rigid packaging for shelf-stable food and other consumer goods products, will release its fourth quarter and full year 2013 earnings results on Jan. 28 after the U.S. markets close. On the following day, Silgan, traded on the Nasdaq under the ticker symbol “SLGN,” will hold a conference call at […] [Read More]
Categories: General

W.R. Berkley to announce fourth quarter earnings

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W.R. Berkley Corp., Greenwich-based insurance holding company, will release its fourth quarter 2013 earnings after the market closes on Jan. 28. A copy of the earnings release will be available on the company’s website at www.wrberkley.com. Traded on the New York Stock Exchange under the ticker symbol “WRB,” the company has scheduled its quarterly conference […] [Read More]
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Job postings up 2% in December on FairfieldCountyJobs.com

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Job postings on FairfieldCountyJobs.com rose slightly in December, up 2 percent over the previous month, as the Norwalk-based job board announced in their monthly Fairfield County Job Market Report for December. The study tracks activity on FairfieldCountyJobs.com. In addition to this modest uptick, positions in administration, accountancy and customer support were the most posted titles. […] [Read More]
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Federal Reserve Bank economist to deliver 2014 regional forecast

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What will Fairfield County’s economy look like in 2014? Rae Rosen, vice president and regional economist of the Federal Reserve Bank of New York, will likely provide an answer in a keynote speech at the Business Council of Fairfield County’s event, held on Wednesday, Jan. 15 at the Stamford Marriott Hotel. “The National Economic Outlook […] [Read More]
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Michael Nyenhuis succeeds Curt Welling as head of AmeriCares

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Michael Nyenhuis has been named president and chief executive officer of AmeriCares, effective January 27. Nyenhuis, currently president and chief executive officer of MAP International, will succeed Curt Welling in the top post at AmeriCares. Welling announced his retirement last April, culminating 11 years at the helm of the Stamford-based global health and disaster relief […] [Read More]
Categories: General

GE Capital is administrative agent for Wise Metals Group

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GE Capital, Corporate Finance is serving as administrative agent on $340 million in revolving credit facilities for subsidiaries of Wise Metals Group. The facilities will be used to fund the company’s growth and working capital needs. GE Capital Markets served as sole lead arranger and joint bookrunner on the facilities. Wise Metals Group is headquartered […] [Read More]
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