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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Terex agrees to sell truck business for $160 million

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TEREX AGREES TO SELL TRUCK BUSINESS TO VOLVO FOR $160 MILLION Terex Corp. has agreed to sell its truck business to Volvo Construction Equipment for about $160 million. The truck business manufactures and sells off-highway rigid and articulated haul trucks. Included in the transaction is the manufacturing facility in Motherwell, Scotland. The sale, which is […] [Read More]
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GE to provide 38 wind turbines for Keyna project

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The Kinangop Wind Farm in Kenya, developed by Aeolus Kenya and constructed by Iberdrola Engineering, will be powered by 38 GE 1.6-megawatt wind turbines. The Kinangop facility will be one of the largest wind power generation projects to be built to date in sub-Saharan Africa. Following its commissioning, the 61-MW wind farm will generate enough […] [Read More]
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Hexcel predicts another record year in 2014

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Management at Hexcel Corp., reaffirmed its outlook and targets through 2017. “In 2014, we expect another record year with constant currency sales growth of approximately 10 percent,” said Nick Stanage, CEO of Hexcel, a Stamford-based developer, manufacturer and marketer of lightweight, high-performance structural materials used in commercial aerospace, space and defense and industrial applications, Commercial […] [Read More]
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Ethan Allen opens stores in Saudi Arabia, Romania

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Ethan Allen, known as a quintessentially American furniture designer, continues to expand its international profile with grand openings of flagship design centers in Jeddah, Saudi Arabia, and Bucharest, Romania. Nearly a third of the Danbury company’s 300 design centers are located outside the U.S., according to a press release. “Fashion is an international language,” Farooq […] [Read More]
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source: Businesswire

People’s names new exec in wealth managment

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People’s United Bank on Tuesday announced the hiring of Galan Daukas as senior executive vice president for the bank’s wealth management business. Daukas had been executive vice president at Washington Trust Wealth Management, a $4.5 billion company in Providence, R.I, a People’s release said. He’d been responsible for all investment management, trust, financial planning, mutual […] [Read More]
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Cafe Oo La La comes to Stamford Plaza

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Café Oo La La has opened a new, 2,000 square-foot location at One Stamford Plaza in downtown Stamford. The restaurant, which has its main location in the Ridgeway Shopping Center, will provide a full coffee bar, soups, sandwiches, salads, wine and beer. There’s also indoor and outdoor seating and WiFi services. “We are thrilled to […] [Read More]
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Frontier buys AT&T Connecticut landline business

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AT&T agreed to sell its Connecticut landline business and statewide fiber-optic network to Frontier Communications for $2 billion in cash, letting the phone company focus on more lucrative wireless services. Stamford-based Frontier also will acquire AT&T’s U-verse television and broadband customers in the state, as well as satellite TV subscribers, the companies said in a […] [Read More]
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