Connecticut Post Business

Duracell moves staff to Bethel

Fri, 20 Nov 2009 06:17:03 -0700

Bethel will gain an undetermined number of jobs as the Procter & Gamble Co. centralizes some research and development operations and transfers Duracell research and development workers in

Business People: Pitney Bowes employee recognized as technology 'All Star'

editor@connpost.com (Staff Report) — Fri, 20 Nov 2009 06:09:04 -0700

- Stamford resident Jacqueline Brown, an employee of Stamford-based Pitney Bowes, received a Women of Color "Technology All Star" award at the Women of Color Science, Technology, Engineering and

Stronger dollar, weak economic data pummel stocks

Thu, 19 Nov 2009 19:12:28 -0700

NEW YORK -- Signs of a subdued economic recovery sent investors out of stocks Thursday and in search of safer assets like the dollar. Major indexes tumbled about 1 percent, including the Dow Jones

Catterton's candy company cuts 175 workers

Thu, 19 Nov 2009 19:09:22 -0700

Greenwich-based Catterton Partners' Farley's and Sathers candy company said it will move many of its Round Lake, Minn., operations to facilities in Tennessee and Texas by the end of the first

Poseidon seeks $50M for plant

Thu, 19 Nov 2009 19:09:05 -0700

CARLSBAD, Calif. -- Stamford-based Poseidon Resources said it is asking a California state agency for an additional $50 million in bonds to finance construction of its proposed seawater desalination

Area Stocks: Baldwin gains on down day

Thu, 19 Nov 2009 19:08:00 -0700

Baldwin gainsArea stocks followed the broader markets down for the second day as the Hearst/Bloomberg Southwest Connecticut Index fell 1.80 to close at 104.

Fairfield firm buys Neurogen real estate

Thu, 19 Nov 2009 19:07:51 -0700

Investors Capital Partners, a Fairfield-based commercial real estate developer, has bought the Branford real estate of Neurogen Corp. for $3.5 million.

Galen backs promising cancer-treatment startup

Thu, 19 Nov 2009 19:07:49 -0700

Steve Puckett Jr. has a different background than a lot of CEOs. He majored in history. He's 28.Yet from his company's office in Charlotte, N.C., Puckett in only five years has built a company

Crabel leaves NYC for SoNo

Thu, 19 Nov 2009 19:07:46 -0700

Another global financial services company has fled New York City and its high costs of doing business, as well as its frenetic pace, to land in Fairfield County.

Agents & Agencies

Thu, 19 Nov 2009 10:08:23 -0700

JoAnne McCarthy at Shore & Country Properties in Riverside has been honored as the company's top agent for the first six months of 2009, with the highest sales dollar amount.

Construction begins on Norwalk residential rental development

Thu, 19 Nov 2009 10:05:41 -0700

Groundbreaking took place recently for the first phase of Summerview Square, a residential rental community with 63 units in the area of West Main, Summer and Jefferson streets in Norwalk.

Apple, Lauren to boost traffic in Greenwich

Thu, 19 Nov 2009 06:26:26 -0700

Apple Inc. is in its final countdown for the opening of its Greenwich Avenue store Saturday, keying what some observers say will be a renaissance for the ritzy shopping district in Greenwich.

Rell charges council with plug-ins

Wed, 18 Nov 2009 19:32:08 -0700

With the era of the plug-in electric car dawning, Gov. M. Jodi Rell has created a commission to explore avenues of opportunity in Connecticut."I want Connecticut to be squarely in the driver's seat

Healthier fare fills Full Belly

Wed, 18 Nov 2009 19:06:56 -0700

Back in July, when a customer called Savuth In to congratulate him, he had no idea what the customer was talking about.In soon learned that his deli -- The Full Belly Deli on Padanaram Road in

Business Briefs: Priceline pitches in for food bank

Wed, 18 Nov 2009 18:23:52 -0700

Priceline pitches in for food bankPriceline.com Inc.'s employees and senior management in Norwalk will join together to support the Connecticut Food Bank's Thanksgiving Food Drive at 11:30 a.

GE invests in Indonesian energy

Wed, 18 Nov 2009 18:23:49 -0700

Stamford-based GE Energy Financial Services has made its first geothermal power investment outside the United States, loaning $50 million to Indonesia's biggest geothermal power producer, a

Area Stocks: Chemtura shares gain

Wed, 18 Nov 2009 18:23:48 -0700

Chemtura gainsArea stocks were mostly down Wednesday as the Hearst/Bloomberg Southwest Connecticut Index lost 0.48 to close at 106.50.Some 46 stocks in the index fell, while 25 were up and nine

Shankar reveals secret tips

Wed, 18 Nov 2009 18:22:18 -0700

and Linda Sandler New Canaan resident Gautham Shankar, a former trader at New York-based Schottenfeld Group LLC who pleaded guilty to insider trading in the Galleon Group case, told a judge he got

Health Net takes 6 months to alert 450K of ID breach

Wed, 18 Nov 2009 18:22:12 -0700

Shelton-based Health Net of the Northeast Inc. surprised state officials and regulators Wednesday when it admitted private information on 450,000 Connecticut residents has been missing for about a

GE Cap unit named in bid-rig case

Wed, 18 Nov 2009 18:22:08 -0700

and William Selway A unit of General Electric Co. and a former FSA subsidiary of Belgian bank Dexia SA were the two unnamed companies that allegedly conspired with a financial adviser charged by

Business People: Two physicians honored

Wed, 18 Nov 2009 18:03:56 -0700

- Dr. Donna-Marie Manasseh and Dr. Susan Mani have won the Dr. Melville G. Magida Award for 2009. It is the first time in the 30-year history of the award that two physicians have been named as

Business at a Glance: Aladdin buys Solent's CDO unit

Tue, 17 Nov 2009 18:28:10 -0700

Aladdin buys CDO unit from SolentAladdin Capital Holdings LLC, the hedge fund that manages $10.5 billion in collateralized debt obligations, acquired Solent Capital Partners' synthetic

Area Stocks: UTC up as Blyth dips

Tue, 17 Nov 2009 18:27:36 -0700

UTC up as Blyth dipsArea stocks rose Tuesday, led by a group that included Norwalk-based Priceline.com Inc. and Stamford-based Student Loan Corp.The Hearst/Bloomberg Southwest Connecticut Index

Sikorsky makes moves in Middle East, Asia

Tue, 17 Nov 2009 18:27:30 -0700

Sikorsky Aircraft is continuing its push into the Middle East and Asia markets with a new customer in Dubai and a new manufacturing agreement with India's industrial giant Tata Group.

LeadQual finds new home in Stratford

Tue, 17 Nov 2009 18:27:28 -0700

An area company has gone east to accommodate its growing work force.LeadQual, an Internet marketing firm with offices in Connecticut and Emeryville, Calif.

Hawkins elected to foundation's board

Tue, 17 Nov 2009 18:15:15 -0700

- Attorney Barry Hawkins of Bridgeport, a partner in the Stamford office of Shipman & Goodwin, has been elected chairman of the board of directors of the Fairfield County Community Foundation.

Auto-body shops dent Hartford for $15M

Tue, 17 Nov 2009 18:15:13 -0700

The Autobody Association of Connecticut banged up The Hartford Financial Services Group, winning a $15 million judgment when a jury in Stamford ruled Tuesday the insurer engaged in unfair business

InsightExpress moves to Stamford waterfront

Tue, 17 Nov 2009 05:57:57 -0700

InsightExpress, a Stamford-based digital marketing research firm, has elected to stay in the city and has moved its headquarters to waterfront office space at 333 Ludlow St.

Area Stocks: WWE reaches 52-week high

editor@connpost.com (Staff Report) — Tue, 17 Nov 2009 05:53:00 -0700

WWE reaches high Area stocks advanced Monday, led by a group that included Priceline.com Inc. and FactSet Research Systems Inc., both based in Norwalk.

Battle over thrift looms with move by Savers Inc.

Mon, 16 Nov 2009 18:35:22 -0700

Connecticut's Goodwill Industries is facing a for-profit competitor.Savers Inc., a Bellevue, Wash.-based thrift store chain with 230 stores in the United States, Canada and Australia, announced it

Hattco pieces together prime parcel in Norwalk

Mon, 16 Nov 2009 18:35:17 -0700

A Norwalk developer has acquired a vacant retail property on the south side of Connecticut Avenue, piecing it together with adjoining parcels for development.

DSPP offers corporate savvy for small businesses

Mon, 16 Nov 2009 18:28:35 -0700

Pamela Adams of Greenwich has launched a new venture to help give small businesses the savvy of bigger businesses via workshops designed to increase their efficiency in the areas of management,

Business People

Mon, 16 Nov 2009 18:28:22 -0700

- Former Stamford resident James Scutti, principal engineer at Codman Neurovascular, has been named a fellow of ASM International, the materials information society.