United Rentals sees net income jump

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United Rentals, Stamford-based global equipment rental company, announced first quarter net income of $60 million or 56 cents per diluted share, compared with $21 million or 19 cents per diluted share for the same period last year. Total revenue was $1.18 billion and rental revenue was $1.01 billion, compared with $1.10 billion and $916 million, […] [Read More]
Categories: General

WWE grabs 1 million U.S. households for WrestleMania 30

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Wrestlemania reached a record number of U.S. homes this year, WWE has reported. One million households nationwide watched the six-hour entertainment extravaganza, televised live from New Orleans on April 6 through the WWE Network and pay-per-view combined. This is a step towards the million subscribers WWE hopes to get on its network by the end […] [Read More]
Categories: General

WSJ reports GE’s Jeff Immelt reconsidering 20-year tenure

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Today’s Wall Street Journal has a story about Jeff Immelt possibly shortening his run as GE’s CEO. Immelt, 58, had been expected to lead the $258 billion company for 20 years, but according to sources, is now rethinking that plan. He is currently going into his 13th year as chief executive. GE, which is headquartered […] [Read More]
Categories: GE

Happy Tax Day – Will the IRS audit you?

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Happy Tax Day! It’s the day procrastinators dread – the government says you can’t wait any longer to file your taxes. But if you’re worried that you’ll get a letter in the mail or worse – someone at your door – you may want to get informed on the red flags that could land you […] [Read More]
Categories: General

Starwood Capital acquires suburban Chicago property

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Starwood Capital Group, a Greenwich-based private investment firm, and Starwood Retail Partners have acquired, through a controlled affiliate, The Promenade Bolingbrook, an open-air lifestyle center in suburban Chicago. Terms of the transaction were not disclosed. Encompassing 774,000 square feet of retail space, The Promenade is 96 percent occupied by a roster of high-quality tenants, according […] [Read More]
Categories: General

Starwood to unveil Element hotel in Montana

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Starwood Hotels & Resorts Worldwide will debut its Element brand in Bozeman, Mont., when Element Bozeman opens in June of 2015 in the heart of the downtown entertainment district. Owned by a group of Bozeman investors managed by Homebase Montana, the hotel will offer 104 “sustainable” rooms. Element Bozeman expects to receive Leadership in Energy […] [Read More]
Categories: General

Cengage to move HQ from Stamford to Boston–updated

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Cengage, an education company and textbook publisher that came out of bankruptcy earlier this month, is moving its global headquarters from Stamford to Boston, according to a press release issued Monday. The transition, which is already underway, will result in the closing of its Stamford office at 200 First Stamford Place within the next several […] [Read More]
Categories: Stamford

GE delivers equipment for Angola project

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GE Oil & Gas, a division of Fairfield-based General Electric, announced the first major equipment delivery by its Subsea Systems business, for a major operator, under a contract established by its Angolan joint venture, GE-GLS Oil & Gas Angola. A primarily localized workforce assembled the first of 16 subsea production trees, destined for a development […] [Read More]
Categories: General