Russell Reynolds, Jr. to share business advice, experience

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Russell Reynolds, Jr., founder and chairman of RSR Partners in Greenwich, will co-host a talk and reception featuring his book, “Heads: Business Lessons from an Executive Search Pioneer.” Sharing his experience from decades in the executive search business, Reynolds will discuss the current state of the multi-billion dollar industry. Reynolds, who founded his first executive […] [Read More]
Categories: General

Crane Co. sees flat quarterly net income

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Crane Co., a Stamford-based iversified manufacturer of highly engineered industrial products, reported third quarter net income of $57.13 million compared with $57.13 million for the same period last year. Earnings per diluted share in the most recent quarter, ended Sept. 30 were 97 cents, compared with 99 cents in the third quarter of 2012. Third […] [Read More]
Categories: General

Pitney Bowes reports third quarter loss

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Pitney Bowes, Stamford-based provider of direct mail and transactional mail corporate services and digital channel messaging for the Web, email and mobile applications, as well as call center communications, reported a third quarter net loss of $5.53 million or 3 cents per share, compared with net income of $76.53 million or 38 cents per share […] [Read More]
Categories: General

Dorian and Scorpio enter tanker deal

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Dorian LPG, which has offices in Stamford, London, U.K., and Piraeus, Greece, has entered into an agreement with Scorpio Tankers, allowing Scorpio Tankers to contribute its entire Very Large Gas Carrier new-building contracts, together with a cash contribution of $1.9 million, in exchange for newly issued shares representing 30 percent of Dorian’s pro-forma outstanding shares. […] [Read More]
Categories: General

CVSL makes pitch for Blyth

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Blyth, a Greenwich-based direct-to-consumer company and designer and marketer of health and wellness products, beauty products and candles and accessories for the home sold through the direct selling and direct marketing channels, confirmed that it has received an unsolicited proposal from CVSL to acquire all of the public common shares of Blyth for a per-share […] [Read More]
Categories: General

Fairfield business incubator hatches today

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Three lucky, aspiring entrepreneurs will be unveiled today in Fairfield’s latest iteration of what’s becoming a statewide trend: the business incubator. Financial Mines is told the three businesses that’ll enjoy the privilege of launching operations at the “Fairfield Accelerator and Mentoring Enterprise,” or FAME, represent three different industries. We at Hearst Connecticut will be on […] [Read More]
Categories: Economy, General, Main Street

Steve Cohen gets big backing on CNBC

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With rumors swirling that SAC Capital’s Steve Cohen and the government could finalize a billion-dollar settlement to insider-trading allegations any day now, the embattled Greenwich hedge fund magnate got some hefty backing from another hedge fund heavyweight on CNBC Monday: Skybridge Capital’s Anthony “Mooch” Scaramucci. “I think it’s sad for the people who have their […] [Read More]

Video of John Seo, subject of our Sunday feature, talking cat bonds

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On Sunday, we had a story about one of the more unique hedge funds located in Fairfield County: Fermat Capital Management, a $4.5 billion fund based in Westport, which invests in what’s called “catastrophe bonds.” John Seo, the 47-year-old Westport resident who founded Fermat, is a leading face in the steadily growing market (the market […] [Read More]
Categories: General