Terex approves 5 cent quarterly dividend

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Westport-based Terex Corporation announced its board of directors approved the initiation of quarterly cash dividends to its shareholders. The initial quarterly cash dividend of 5 cents per share will be made on Dec. 20 to shareholders of record as of Dec. 16. Additionally, the Terex board authorized a share repurchase program, allowing the company to […] [Read More]
Categories: General

Leibell joins UBS as senior wealth strategist

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David Leibell has joined UBS where he will serve as the senior wealth strategist dividing his time between Stamford and New York City. He will focus on comprehensive strategies to assist UBS clients with their complex financial needs such as preservation, transfer and management of wealth, and serve as an internal resource for UBS clients […] [Read More]
Categories: General

GE’s Sugar Plum lights national Christmas tree

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This year’s national Christmas tree on display in front of the White House will feature Fairfield-based GE’s new, energy smart Sugar Plum light-emitting diode holiday lighting. This year marks the 51st year GE Lighting has designed and donated lighting for the tree. The tree features 60,000 festive, LED lights, including Sugar Plum lights and white […] [Read More]
Categories: General

CBIA backs regional energy effort

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The Connecticut Business & Industry Association, Connecticut’s largest business organization, welcomed an agreement between all six New England states designed to bring cheaper, cleaner and more reliable energy to the region. John R. Rathgeber, president and CEO, called the initiative a “positive step toward making the state more competitive for businesses.” “Connecticut has one of […] [Read More]
Categories: General

Fujifilm unveils new veterinary technology

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Fujifilm Medical Systems U.S.A., a Stamford-based provider of diagnostic imaging products, is showcasing its new Digital Radiography system through Wednesday at the American Association of Equine Practitioners in Nashville, Tenn. Fujifilm’s FDR-flex is a smart and portable system suited for equine and mixed animal practices because it is lightweight, highly portable, wireless and uses a […] [Read More]
Categories: General

W.R. Berkley names president of subsidiary

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W.R. Berkley Corp., has appointed Gerald Bushey as president of Carolina Casualty Insurance Group, a unit of Greenwich-based W.R. Berkley. The appointment is effective immediately. Based in Jacksonville, Fla., Carolina Casualty is a leader in the commercial transportation insurance industry, focused on writing intermediate and long-haul trucking and business and public auto. Bushey succeeds Douglas […] [Read More]
Categories: General

Crane gets European Commission okay for purchase

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Crane Co., Stamford-based manufacturer of highly engineered industrial products, announced that the European Commission has approved the definitive agreements to implement the licensing and divestiture commitments by Crane, related to its pending acquisition of MEI Conlux Holdings. Crane said it intends to close the acquisition of MEI during this week. The $804 million purchase price […] [Read More]
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Susan LaCorte Catalano

Business Tuesday at Westport Library

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It’s not an official event, but the Westport Public Library has a full plate of business events next Tuesday. First, from 8 to 9 a.m., the Business Book Club will discuss “The Power of Habit,” by Charles Duhigg. In the book, award-winning New York Times business reporter Charles Duhigg explores the far reaches of scientific […] [Read More]
Categories: General