Crius

Canadian offering for Stamford co.

The Crius Energy Trust affiliate of Stamford-based Crius Energy is raising $24.5 million in an offering on the Toronto Stock Exchange, where its “membership units” trade under the ticker symbol “KWH”.
Categories: General

GE announces search for new home

Update: 2:11 The following is the email sent out to Connecticut GE employees by CEO Jeff Immelt: “Last night, the Connecticut legislature passed a tax package which includes significant and
Categories: General
Corvette

Stamford tanker co. readies for new ships

Dorian LPG expects to take delivery of three massive liquefied petroleum gas tankers within the next two months, bolstering its existing fleet of six LPG ships. Led by CEO John Hadjipateras, Dorian
Categories: General
Preet Bharara

DOJ charges Stamford executive

Manhattan’s chief federal prosecutor levied fraud charges on Carlton Cabot, a 52-year-old Stamford resident who is CEO of Cabot Investment Properties, saying Cabot and a colleague misappropriated more
Categories: General
Sen. Bob Duff

“Pay secrecy” bill to governor

Gov. Dannel P. Malloy signaled his intent to sign legislation that would make it illegal for employers to prohibit their employees from disclosing their compensation or inquiring about the wages of
Categories: General
File photo.

Sikorsky to cut 1,400 jobs, close Bridgeport facility

Update 2:45 p.m. Sikorsky said about 180 jobs cuts will be in Connecticut out of its workforce of about 8,000 in the state. Update 2:23 p.m. Sikorsky Aircraft will close its Bridgeport facility on
Categories: General
FTR

Frontier launches stock sale in Verizon buy

Frontier Communications commenced a $2.5 billion sale of stock, as it stashes cash to complete its planned $10.5 billion acquisition of Verizon Communications territories in California, Florida and
Categories: General
Sun Plastech

Report: Bridgeport manufacturer to shut down

UPDATED at 7:22 p.m. Sun Plastech plans to close Novachem’s Bridgeport location that employs eight people, according to Plastics News, moving production to Michigan. ORIGINAL post Bridgeport-based
Categories: General