Ex-SAC Capital trader Martoma guilty of insider trading

Former SAC Capital portfolio manager Mathew Martoma is guilty of insider trading, a jury in Manhattan federal court ruled Thursday afternoon. Martoma is the eighth current or former worker in the
Categories: General

People’s gets “negative” credit rating outlook

Bridgeport-based People’s United Financial got a “negative” outlook on its creditworthiness from Fitch Ratings, which cited the bank’s weak earnings and increasing liquidity risk profile. Fitch,
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Greenwich Hedge Fund lauds mobile-shopping report

Greenwich-based hedge fund Prentice Capital, which invests in consumer and retail equity stocks, put out a release on Thursday touting a December report that one-third of online shoppers now are only
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Star Gas Partners reports income surge for first quarter

Star Gas Partners, a home energy distributor and services provider, announced financial results today for its fiscal 2014 first quarter, the three month period ended Dec. 31. The company had net
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Northwestern Mutual plans move to Westport building

Northwestern Mutual, a life insurance and financial services company, will be relocating to 11,575 square feet at 274 Riverside Ave., in Westport, leasing the entire fourth floor. As the exclusive
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seo

Catastrophe Bond expert to speak at Westport Library

Catastrophe-bond expert John Seo, PH.D., will be speaking at the Westport Public Library on Thursday, March 6, about starting and growing his hedge fund, Fermat Capital Management.   We wrote about
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Centerplate partners to service new Madrid stadium

Club Atlético de Madrid in Madrid, Spain has selected CenterplateISG, a joint-venture partnership between Stamford-based Centerplate and International Stadia Group, to design and manage all food
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WWE, KaBoom! partner to create playground

KaBOOM!, the national non-profit organization dedicated to ensuring that all children get a balance of active play to improve their health, and Stamford-based WWE announced a partnership to build a
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