Home Sales Down More Than 20 Percent. Again.
Thursday, September 11, 2008 (1009 reads)
Single-family home sales in Connecticut plunged 23.8 percent in July from a year ago, the ninth consecutive month that sales have fallen by more than 20 percent, according to The Warren Group, The Commercial Record’s parent company. It was the worst sales pace for the month of July in 13 years.
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Big Moves After Decent Q3 At Greenwich REIT
Wednesday, September 10, 2008 (195 reads)
Greenwich REIT Urstadt Biddle Properties has announced a slew of corporate moves on the heels of a slight 3 percent year-over-year increase in net income in the third quarter.
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Suffield Contracts For New Roadway
Wednesday, September 10, 2008 (155 reads)
The town of Suffield has selected Simscroft-Echo Farms of Simsbury to install a 1,000-foot stretch of roadway and associated utilities on land across from the Mach One Industrial Park.
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Reducing Risk More Valuable Than Making Money
Wednesday, September 10, 2008 (143 reads)
More than 75 percent of senior finance executives across the United States and Canada said they plan to focus on reducing risk in their defined benefit pension portfolios, rather than seek greater return on assets, according to a new study by Stamford consultant and research firm Towers Perrin.
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Restifo Joins Coldwell In New Canaan
Wednesday, September 10, 2008 (161 reads)
Emily Restifo will join the New Canaan office of Coldwell Banker Residential Brokerage in Connecticut, where she will specialize in luxury home sales in New Canaan, Wilton and Darien.
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Aging Boomers: Economy Is Bad, But Not Too Bad
Wednesday, September 10, 2008 (315 reads)
The leading edge of the aging Baby Boomer generation, those Americans over 60 years old, say the current state of the economy is as bad as they’ve ever seen, but not bad enough to make them alter their retirement plans.
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United Rentals Settles Suits For $41.5 Million
Tuesday, September 09, 2008 (170 reads)
Greenwich construction equipment rental company United Rentals has settled both an accounting inquiry launched by the Securities and Exchange Commission and a related class action lawsuit for a combined $41.5 million.
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Ich Bin Ein The Hartford
Tuesday, September 09, 2008 (113 reads)
Taking advantage of an opportunity posed by an aging population and new regulations, The Hartford Financial Services Group has announced it will enter the German market to sell variable annuities, starting in the first quarter of 2009.
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XL Appoints Risky Business Chief
Tuesday, September 09, 2008 (128 reads)
Insurer XL Capital Ltd. Of Bermuda, which has significant operations in Connecticut, has appointed Jacob Rosengarten as executive vice president and chief enterprise risk officer, effective Sept. 15.
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