Commercial Record E-News


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Three Companies Expand, Relocate In Norwalk And Bridgeport
Monday, July 14, 2008 (145 reads)

A landscaping company, a printer and an advertising firm have all expanded and/or relocated to Norwalk and Bridgeport, according to Fairfield-based brokerage Angel Commercial.

Study Warns: Long Life May Equal Financial Strife
Monday, July 14, 2008 (94 reads)

Almost 60 percent of new middle-class retirees will outlive their financial assets if they attempt to maintain their pre-retirement standard of living, according to a new study conducted by global advisory firm Ernst & Young.

Fed To Ban Many Mortgage Prepayment Penalties
Monday, July 14, 2008 (170 reads)

The U.S. Federal Reserve has unveiled long-awaited final mortgage rules to ban misleading and deceptive practices, including prepayment penalties for many subprime loans.

Fannie And Freddie Worries, Record Oil Slam Wall St.
Friday, July 11, 2008 (287 reads)

U.S. stocks tumbled Friday as fears about the stability of the top two home financing providers Freddie Mac and Fannie Mae, combined with oil at a record above $147, clouded the economic outlook.

Webster Expects More Than $40 Million in Q2 Charges, Write-Downs
Friday, July 11, 2008 (303 reads)

Waterbury-based Webster Financial Corp., the holding company for Webster Bank, said it expects second-quarter results to reflect more than $40 million in charges and write-downs.

Doyle Brokers $700,000 Sale of Guilford Strip Center
Friday, July 11, 2008 (225 reads)

A Guilford property has traded hands and will become a Krauszer's market.

Consumer Confidence Hovers Near Historic Lows
Friday, July 11, 2008 (142 reads)

U.S. consumer confidence rose unexpectedly in early July with the help of retail discounts, but the increase was marginal and barely enough to pull it up from a 28-year low recorded in late June, according to a survey released Friday.

Finance Arms Flat or Worse at General Electric
Friday, July 11, 2008 (128 reads)

General Electric Co. said Friday it expects third-quarter profits to be flat or down at its finance arms.

Henkel Moves North American Headquarters to Connecticut
Friday, July 11, 2008 (177 reads)

Henkel of America Inc. has relocated its North American corporate headquarters from Gulph Mills, Pa.. to Rocky Hill. The move will create approximately 80 new jobs in the state.

Connecticut Home Prices Fall 5 Percent
Thursday, July 10, 2008 (262 reads)

Connecticut single-family home prices in the middle of the market, excluding extreme highs and lows, fell 5 percent in the second quarter, according to the University of Connecticut’s Center for Real Estate and Urban Economics Studies.