Emcor unit gets Florida contract

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Poole & Kent Co. of Florida, a unit of Emcor Group Inc., provider of mechanical and electrical construction, industrial and energy infrastructure and facilities services, has been awarded a contract by the city of Sunrise, Fla., for improvements to the existing Springtree water treatment plant in Sunrise. Poole & Kent will be responsible for all […] [Read More]
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State borrowers to receive an estimated $39 million in principal reductions

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Ocwen Financial Corp. and its subsidiary, Ocwen Loan Servicing, have agreed to a $2.1 billion joint state-federal settlement with Attorney General George Jepsen, 48 additional states and the District of Columbia and the federal Consumer Financial Protection Bureau. The settlement resolves allegations of premature and unauthorized foreclosures, violations of homeowners’ rights and protections and the […] [Read More]
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Greenwich PE firm acquires Dixie Electric

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First Reserve, the large global private equity fund that deals in energy and has a Greenwich office, on Thursday morning announced its acquisition of Dixie Electric. Dixie is the leading U.S. provider of electrical infrastructure materials and services to the upstream oil and gas sector, according to the release.  Financial terms of the transaction were […] [Read More]
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Darien toy company introduces “Tegu Elf” for the holidays

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Tegu, Darien-based inventors of a magnetic wooden building system, is offering gift options with a variety of construction sets and accessories.  Nominated by the Toy Industry Association for the 2014 Toy of the Year Award in the Specialty Toy category, Tegu’s magnetic wooden blocks are made of natural materials and come without any need for […] [Read More]
Categories: General

FuelCell records quarterly loss

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FuelCell Energy, Danbury-based designer, manufacturer, operator and servicer of fuel cell power plants, reported a fourth quarter net loss of $10.5 million or 6 cents per share, compared with a net loss of $12.1 million or 7 cents per share for the same period last year ended Oct. 31. Product sales for the fourth quarter […] [Read More]
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Emcor unit garners four military contracts

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Emcor Services Mesa Energy Systems, a division of Norwalk-based Emcor Group, has been awarded four contracts by the Department of the Navy, Naval Facilities Engineering Command Southwest for work at Camp Pendleton; Marine Corps Air Station, Miramar; and the Naval Amphibious Base, Coronado in San Diego County, Calif. Emcor, a provider of mechanical and electrical […] [Read More]
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CRT Capital and Furey Research announce alliance

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CRT Capital Group, an independent institutional broker-dealer based in Stamford, and Furey Research Partners, an independent research boutique specializing in small-cap strategy and small company research, based in Newport Beach, Calif., have entered a trading and research distribution alliance. Over the last year, CRT has invested in and expanded its equity research platform to deepen […] [Read More]
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Starwood opens second Four Points in Jacksonville

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Starwood Hotels & Resorts Worldwide, Stamford-based owner, operator and franchisor of hotels, resorts and residences, has opened its second Four Points by Sheraton in Jacksonville, Fla. The Four Points by Sheraton Jacksonville Beachfront, owned by Oceanfront Lodging II Inc., features 72 oceanfront suites. It is managed by Shivam Properties Management. The hotel just completed a […] [Read More]
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