GE unit loans $22.5 million to New Orleans company

on
GE Capital, Corporate Finance, a unit of Fairfield-based General Electric, provided $22.5 million in equipment financing to Laborde Marine. The funds refinance existing debt used to purchase five new crew boats. Founded in 1995 and headquartered in New Orleans, Laborde Marine is a privately held supplier that provides marine support to the offshore oil and […] [Read More]
Categories: General

Milford firm brings in “Admiral of the Board”

on
Milford-based Thinklogical LLC is bringing in a Big Gun to join its Defense and Intelligence Advisory Board. The global leader in — bear with me here, this gets a bit complicated — “fiber optic KVM, video, audio and peripheral extension and switching solutions” for big data, video-rich computing environments has tapped Adm. Archie R. Clemins, […] [Read More]
Categories: General

Sacred Heart to hold cyber security event for businesses

on
  Cyber security, a topic grabbing headlines all over the world these days, will be the theme of choice at an event being put on by Sacred Heart University and OutSecure Inc. on Nov. 14. The event, called “CT Business Security Summit,” will cost $25 and run from 8 a.m. to 4 p.m. at Sacred […] [Read More]
Categories: General

Here is the video of the Empire State Building’s latest digs (awesome)

on
All right, let’s cut to the chase. The past 12 months in the life of the Empire State Building have been, well, contentious. Lots of, ya know, not smiling. But on Wednesday we wrote about the new LED lights being debuted in a Halloween show atop the 1,400-foot antenna crowning the Midtown Landmark. Well, here’s […] [Read More]
Categories: General

Starwood Property Trust to spin off rental home unit

on
Starwood Property Trust said it will spin off its single-family rental-home unit into a real estate investment trust headed by Waypoint Real Estate Group’s management division, which is being acquired in the deal, Bloomberg News reported. The spinoff, Starwood Waypoint Residential Trust, held $750 million in 4,268 homes and non-performing loans on 1,549 properties as […] [Read More]
Categories: General

Women’s Leadership Council salutes Bridgeport-area business leaders

on
Business and community leaders gathered to celebrate as the Women’s Leadership Council, an affiliate of the Bridgeport Regional Business Council, held its 4th annual Susan L. Davis Business Women’s Luncheon, at Tashua Knolls Golf Club and Banquet Facility in Trumbull.  The event was sponsored by St. Vincent’s Health Services. E. Patricia Llodra, First Selectman of Newtown […] [Read More]
Categories: General

Starwood sells two San Francisco hotels

on
Starwood Hotels & Resorts Worldwide, Stamford-based hotel and leisure company with 1,169 properties in nearly 100 countries and 171,000 employees at its owned and managed properties, has completed the sale of both The Westin San Francisco Airport and Aloft San Francisco Airport to a venture led by Ultima Hospitality for $125 million. The hotels will […] [Read More]
Categories: General

WWE Q3 profit drops

on
Stamford-based wrestling entertainment behemoth WWE said Thursday that third-quarter net income declined to $2.4 million, or 3 cents per share, compared with $3.5 million, or 5 cents a share, in the prior year quarter. Revenue climbed 9 percent to $113.3 million, driven by a gain in rights fees from the licensing of television content. Operating […] [Read More]
Categories: General