Stamford startup earns “Best New Technology” award

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Orthozon Technologies, a Stamford-based biotechnology firm, recently received recognition for the Lumiere Retractor System, a medical device designed make spinal surgeries less invasive more efficient. Lumiere was named as one of the “Top Ten Best New Technology” advancements for the spine by Orthopedics This Week. The annual award singles out inventors and companies for innovations in […] [Read More]
Categories: General

Holiday tree lightings — forget Halloween — a month away!

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Forget Trick or Treating. Start thinking of (free!) Tree Lighting. If you’re in Milford, you’re in luck: The Milford Chamber of Commerce announced this morning that the city’s 2013 lights and tree lighting ceremony will take place in exactly one month: November 29. Holiday music will begin at 5:30 p.m. and the tree lighting will […] [Read More]
Categories: General

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