J.P. Morgan poll shows IT, health care as key to state’s growth

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J.P. Morgan Private Bank released results of a survey polling Connecticut community and business leaders on the challenges and opportunities the state faces in today’s economic environment. The poll of 60 individuals, who largely identified themselves as business owners, corporate executives and members of non-profit organizations Respondents see IT/biotech (45 percent) and health care (29 […] [Read More]
Categories: General

Ellington REIT bounces back

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Ellington Residential Mortgage REIT, a Greenwich-based mortgage real estate investment trust, reported third quarter net income of $6.8 million or 74 cents per share, compared with a net loss of $9.7 million or $1.55 in the previous quarter. The primary drivers in the most recent quarter were interest income and net gains stemming from increases […] [Read More]
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“I Want to Be Recycled” campaign rolls out this week

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Stamford’s Keep America Beautiful and The Ad Council will feature their national public service adveritisng campaign, “I Want to Be Recycled” on all FreshDirect delivery boxes. The collaboration with the online grocer was announced in advance of America Recycles Day on Friday, and is a part of efforts to encourage the public to recycle. The […] [Read More]
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Advanced Specialty Care lands in Norwalk

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Advanced Specialty Care has completed a 6,735-square-foot office lease at 488 Main Ave., in Norwalk, adding to its locations in Danbury, New Milford, Ridgefield and Southbury. Advanced Specialty Care is a multi-specialty practice in Fairfield County that provides eyes, nose and throat, allergy, plastic and cosmetic surgery, hand surgery and dermatology physician services. Cushman & […] [Read More]
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Bankwell launches investment services unit

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Bankwell Financial Group, based in New Canaan, has launched Bankwell Investment Services, providing customers with an expanded range of financial services. The new service is an example of the bank’s commitment to build long-term relationships with its customers, said Peyton Patterson, president and CEO. Bankwell offers wealth management and retirement services, including annuities, estate planning, […] [Read More]
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Terex reprices loans to reduce interest costs

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Terex Corporation in Westport has completed a repricing of its term loans, which is expected to reduce its cash interest costs by approximately $5 million annually. This amendment will also provide greater flexibility for Terex in financing its equipment sales, according to the company. “The strong credit market and our improved credit profile have enabled […] [Read More]
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Fairfield Chamber holding Obamacare workshop

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The Fairfield Chamber of Commerce is sponsoring a free workshop on healthcare reform — from a business’s point of view. The event takes place Friday, Nov. 22, from 9:15 to 10:30 a.m., at the Fairfield Public Library, 1080 Old Post Road. Speakers include Steve Glick, from Chamber Insurance Trust, and Dave Adams, from Adams Benefits. […] [Read More]
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Cyber security seminar at Sacred Heart tomorrow

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Sacred Heart and OutSecure Inc. are hosting a seminar tomorrow on a topic that’s grabbed major headlines in recent months: Cyber security. The event, called “CT Business Security Summit,” will cost $25 and run from 8 a.m. to 4 p.m. at Sacred Heart’s Fairfield campus. It’s being designed by the school and Shelton company to […] [Read More]
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