1. Articles in category: Financial Services

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    1. Norwest Equity Partners Invests in Leading Sporting Firearms Manufacturer ...

      Coburn stated, “This new investment partnership with NEP marks an exciting time for Savage. On behalf of our management team and employees, we look forward to working with the NEP team, exploring new business opportunities and advancing our business potential together.” Savage is headquartered in Westfield, Massachusetts, and has over 600 dedicated employees. Manufacturing facilities are located in Westfield; Lakefield, Ontario; and Eugene, Oregon.
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    2. United Financial Bancorp Reports Fourth Quarter 2011 Earnings of $3.0 Million ...

      United Financial Bancorp, Inc. (the "Company") (nasdaq global select market:UBNK), the holding company for United Bank (the "Bank"), reported net income of $3.0 million, or $0.20 per diluted share, for the fourth quarter of 2011 compared to net income of $2.7 million, or $0.18 per diluted share, for the corresponding period in 2010. For the year ended December 31, 2011, net income was $11.2 million, or $0.74 per diluted share, compared to net income of $10.0 million or $0.65 per diluted share, for the same period in 2010.
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    3. Continuity and Change

      Continuity and Change
      Glenn Welch, the new president and COO of Hampden Bank, takes over with an informal philosophy of not trying to fix anything that isn’t broken — and this encompasses most all strategic initiatives at the nearly 160-year-old institution. For now, his primary focus is on seizing opportunities to grow the commercial portfolio presented by improving confidence among business owners and what Welch called “concern with larger-bank relationships and where they’re headed.”
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    4. MassMutual sues five financial giants - Boston Business Journal

      Massachusetts Mutual Life Insurance Co. Massachusetts Mutual Life Insurance Co.Latest from The Business JournalsLawsuit: Mass Mutual duped on 0M investmentAround TownRaleigh apartment complex sells for MFollow this company has filed suit against five financial services companies alleging that $200 million in mortgage-backed securities that purchased for the Springfield-based company are worthless.
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      Mentions: Springfield
    5. No Time Like the Present

      No Time Like the Present
      When it comes to end-of-year business planning, Kevin Vann said, every company is different. “If you’re an accountant, obviously tax planning is critically important,” he said. “If you’re a business advisor, consultant, or whatever, other things are critical, like long-term strategic planning.” But he has one piece of advice that crosses all sectors: business planning is not just a year-end exercise. At least, it shouldn’t be. “We look at it as an ongoing thing,” said Vann, a principal with the Springfield-based Vann Group
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    6. EDC Assesses Regional Competitiveness

        The EDC commissioned CWS Consulting Group to assess ten regional industry sectors for growth and investment potential. CWS used the western Mass section of a 2008 statewide study by Moran Stahl & Boyer commissioned by the Massachusetts Alliance for Economic Development (“MassEcon”) as its starting point and assessed changes and opportunities that have arisen since then. This study achieved two objectives for us. It addressed our competitiveness against a regional peer group and it helped us improve our understanding of the internal workings of the sectors as part of our Homefield Advantage program. The study identified regional competitive advantages in the ...
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    7. MassMutual Retirement Services' Participant Website Named "Outstanding Website" by the Web Marketing Association

      Together, Acsys and MassMutual created a more visually engaging, brand-enhancing online experience consistent with MassMutual's level of service excellence. In addition to the ability to fully manage their retirement plan accounts online, the website provides analysis tools, 'what if' scenarios, and access to retirement resources to help participants stay on target. Other highlights of the website include links to free online seminars, best-selling author Farnoosh Torabi's tips on finance, and many more retirement resources and tools.
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    8. MassMutual Retirement Services Expands Team to Support Nonprofit Sales Growth

      The MassMutual Retirement Services Division further strengthens its focus in the nonprofit retirement plan market with the additions of Carl Steinhilber and Roderick Toppin. Both Steinhilber and Toppin will focus on further expanding the company's success in the nonprofit market by providing product, investment, market and technical expertise for the company's distribution channel relationships and customers in that market.
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    9. Bank of America Helps More Small Businesses Through New Loans, Increased ...

      Among the CDFIs that have leveraged these grants is the Western Massachusetts Enterprise Fund in Holyoke, Mass., which has extended loans to several local businesses, including a fitness center, an architectural firm, an animal chiropractic office, an antique furniture store and a beauty salon.
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