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

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,

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

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

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

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

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

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