Industry News
Wall Street Swings In Post-US Election Rollercoaster
By Reuters | November 9, 2016 | Reprints | Unlock LinkU.S. stocks were little changed on Wednesday, rebounding from stunning overnight losses fueled by the U.S. election as sectors that appeared poised to benefit from a Donald Trump presidency led the charge.
Ex-Treasurer Pleads No Contest To Embezzling More Than $30K
By The Associated Press | November 9, 2016 | Reprints | Unlock LinkThe former treasurer of a parent teacher organization in Connecticut has pleaded no contest to charges she embezzled more than $30,000 to pay for personal expenses.
Democrats Sweep Top Races On Connecticut Ballot
By The Associated Press | November 9, 2016 | Reprints | Unlock LinkConnecticut’s all-Democrat congressional delegation will be returning to Washington intact.
NEOPS Signs Lease At 13th CT Location
November 9, 2016 | Reprints | Unlock LinkAn orthotic and prosthetic provider has signed onto a lease at 33 Sylvan Ave. in New Haven.
CoreLogic Reports National Foreclosure Inventory Down 31 Percent from September 2015
November 8, 2016 | Reprints | Unlock LinkNationwide foreclosure inventory declined by 31.1 percent and completed foreclosures declined by 7 percent compared with September 2015, according to a report released today by CoreLogic, a global property information, analytics and data solutions provider.
NAR Installs 2017 Officers
November 8, 2016 | Reprints | Unlock LinkThe National Association of Realtors (NAR) installed its 2017 officers at its recent board of directors meeting.
Fed Loan Officer Survey: Credit Standards Tightening For CRE Loans
November 8, 2016 | Reprints | Unlock LinkBanks tightened lending standards for commercial real estate loans during the third quarter, while standards for most other types of loans remained unchanged, according to the Federal Reserve’s latest senior loan officer survey.
First County Bank Continues Nonprofit Support With Greenwich, Darien Grants
November 8, 2016 | Reprints | Unlock LinkThe First County Bank Foundation has awarded 11 Greenwich-based nonprofit groups a total of $45,500 and four Darien-based nonprofits a total of $17,500 as part of a charitable giving campaign celebrating the foundation’s 15th anniversary.
Banks, Brokers Gird For Brexit-Style Tumult Following Tuesday’s Election
By Reuters | November 8, 2016 | Reprints | Unlock LinkBig global banks, including Morgan Stanley, JPMorgan Chase & Co. and HSBC are bracing for potential tumult on financial markets after Tuesday’s U.S. election.
Fitness Supplement Store Employee Imprisoned For Embezzling Over $200K
November 7, 2016 | Reprints | Unlock LinkAn Avon man was sentenced to two years in prison followed by three years of supervised release for embezzling more than $200,000 from his employer.
Yale-Affiliated Startup Opens R&D Space In Branford
November 7, 2016 | Reprints | Unlock LinkStartup company Saphlux LLC recently signed a long-term lease for 8,000 square feet of R&D and flex space in Branford.
Trial Of Pennsylvania Man Charged In Armed Robberies Delayed
By The Associated Press | November 7, 2016 | Reprints | Unlock LinkA judge has agreed to delay the trial of a Pennsylvania man accused of plotting multiple armed bank robberies, including the botched robbery of a Connecticut credit union during which he strapped a bank executive with a fake bomb.
EPA Removing Unsafe Liquids From 2 Derelict Industrial Sites
By The Associated Press | November 7, 2016 | Reprints | Unlock LinkFederal environmental regulators say they’re trying to contain and remove as much as 200,000 gallons of dangerous liquid chemicals and compounds found in storage tanks at two abandoned industrial properties in Waterbury.
Medical Imaging Specialists To Occupy Stratford Building
November 4, 2016 | Reprints | Unlock LinkKubtec Medical Imaging of Milford has leased a Stratford facility and will relocate its operations there next month.
Mexican Restaurant To Open In Branford
November 4, 2016 | Reprints | Unlock LinkHartford-area restaurant venture group Marvel LLC has leased a shoreline restaurant at 2 Sybil Ave. in Branford.
Thomaston Savings Assets Near $1B In Latest Earnings Report
November 4, 2016 | Reprints | Unlock LinkThomaston Savings Bank reported net income of $4.59 million for their fiscal year ended on Sept. 30, 2016 – an increase of $122,000, or 2.7 percent, over the prior fiscal year.
Two CT Properties Added To National Landmark Program
November 4, 2016 | Reprints | Unlock LinkThe U.S. Department of the Interior (DOI) has designated two Connecticut sites as national historic landmarks.
Wells Fargo Sales Scandal Extends To Brokerage Unit: US Senators
By Reuters | November 4, 2016 | Reprints | Unlock LinkWells Fargo & Co. fired hundreds of brokerage employees for improper sales practices, three U.S. senators said on Thursday, widening the scope of a scandal which the fourth-largest U.S. bank has so far characterized as a retail banking problem.
Danbury Man Imprisoned For Defrauding Investors
November 3, 2016 | Reprints | Unlock LinkA Danbury resident has been sentenced to prison for stealing more than $280,000 from investors in his Internet business.
Shelton Commercial Property To Be Demolished, Redeveloped
November 3, 2016 | Reprints | Unlock LinkA commercial property at the corner of Center Street and Coram Avenue in Shelton was recently sold by the two family trusts that owned it.