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Category: Wall Street

A tale of two summers for investors and rate payers

ISO New England, the region’s grid operator reported Friday there is adequate power to meet the demands of a typical summer in the region, but cautioned higher than normal temperatures could tax the

WWE and Gartner report gains in earnings

Stamford-based companies Gartner Inc. and WWE Inc. both reported gains in income over last year but saw reception in early trading to their performance go in opposite directions. Shares in WWE rose 10

Ruger gains 4.37 percent in Wednesday trading

Sturm Ruger & Company Inc.’s shares climbed more 4.37 percent to top $57.55 Wednesday after the Southport-based gun maker reported better than expected earnings. Ruger held its annual meeting on

Kaman punished in early trading

Hit your numbers or pay the price. That’s the rule for this earnings season and Bloomfield-based Kaman Corp. suffered Tuesday in the morning after disappointing the street Monday evening when it

Kaman profits off from a year ago

Lagging aerospace sales dampened profits at Bloomfield-based Kaman Corp. in the first quarter. The company reported results after the market closed Monday. Its shares lost 91 cents to close at $34.38

Up this week: Guns, wrestling, soundsystems, IT and electricity

Earnings season continues this coming week of April 30 to May 4, kicking off with Harman International Industries Inc. on Monday. Harman, which provides the sound inside many of the world’s premium

Norwalk firms revisit Bear Stearns collapse in film and TV

Norwalk-based CABLEready, an international television program distribution and development company, acquired the exclusive worldwide television rights to Confidence Game , the new feature documentary

Sikorsky sales down in 1Q but UTC beats street

Sales were down by 15 percent at Sikorsky Aircraft in the first quarter, but the profit margin increased as the Stratford helicopter maker cut costs, its parent company, United Technologies Corp.

GE becomes target of rebranded Occupy movement

When General Electric Co.’s executives and shareholders gather this Wednesday in the Detroit Marriott at the Renaissance Center, an outgrowth of the Occupy Wall Street movement plans to have 1,500

Xerox clings to 1 cent gain after earnings report

Norwalk-based Xerox Corp. clung to a 1 cent gain in its shares Monday after the Dow Industrial average slipped more than 100 points and the S&P was off 12 points. Xerox reported first quarter