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    1. Mass.’ Berkshire Bank’s head start as a CT ‘noisemaker’

      Mass.’ Berkshire Bank’s head start as a CT ‘noisemaker’

      Berkshire Bank's timing for entering Connecticut at least 18 months ahead of a fresh wave of out-of-state bank investment, including from a Massachusetts competitor, couldn't have been better, its chief says.  The Pittsfield, Mass., bank bought out former Hartford lender, Connecticut Bank & Trust Co., in mid-2012, cementing its beachhead in the Nutmeg State ahead of West Springfield rival United Financial Corp.'s December declaration of its $369 million pending merger with Glastonbury's Rockville Bank.

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    2. Exec's departure signals culture, strategy shift at NU

      Exec's departure signals culture, strategy shift at NU

      'We basically relied on NU as a major supporter of the Hartford-Springfield Economic Partnership,' said Lyle Wray, executive director of the Connecticut Capital Region Council of Governments. 'We were able to recover from the loss and still keep the partnership going … but the biggest impact they had was eliminating their support.'

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    3. Bradley seeks longer reach in 2014

      Bradley seeks longer reach in 2014

      North Carolina. Ohio. California. Europe.The Connecticut Airport Authority has some lofty destination goals in 2014 for Bradley International Airport in Windsor Locks. All those goals might not be realized next year, but the authority will be well on the way to fulfilling them, said CAA Executive Director Kevin Dillon.

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    4. More nimble airport authority still on arrival | HartfordBusiness.com

      More nimble airport authority still on arrival | HartfordBusiness.com

      Connecticut's promise of a more nimble, market-responsive airport authority has been delayed by the long process of switching authority from the state Department of Transportation.  But the promise may come to fruition soon as ConnDOT will relinquish full control to the Connecticut Airport Authority sometime between mid-April and mid-May.  'Most people are very anxious to see this happen,' said Kevin Dillon, CAA executive director. 'It is a pretty comprehensive undertaking. Most people think that one day you shake hands and the next day you're in charge.'  The state General Assembly created the CAA in June 2011 to change ...

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    5. The NStar way working for NU | HartfordBusiness.com

      The NStar way working for NU | HartfordBusiness.com

      Since top executives of Boston utility parent NStar took over control of Hartford-based Northeast Utilities, industry analysts and investors have taken a more positive view of the Fortune 500 company, hailing the management team as one of the best in the country.  'We have always prided ourselves on our record,' said Tom May, the NU chief executive and president, and the former NStar CEO, president and chairman. 'When you take two teams and put them together based on their individual strengths, you come out with a stronger team.'
      London financial services company Barclays picked NU as its top regulated utility ...

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    6. Malloy embraces challenge of Hartford | HartfordBusiness.com

      Malloy embraces challenge of Hartford | HartfordBusiness.com

      The action is being led by Gov. Dannel P. Malloy who has taken a significant interest in trying to turn around the city, whose economic fortunes took a major hit following the 2008 financial crisis. Even before the Great Recession, Hartford's attempt to morph itself into a 24/7 city where people come to work, play, and live was stalling.

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    7. NU lays off economic development officials | HartfordBusiness.com

      NU lays off economic development officials | HartfordBusiness.com

      In eliminating the department, NU laid off three major players in the Connecticut community: David Driver, NU project manager for system recruitment, who had been with the company since 2003; Douglas Fisher, manager of NU economic development and community relations, who had been with the company since 1995; and Thomas Marano, NU business development manager, who had been with the company since 2001.

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    8. Fitch rates Bradley Airport debt with flying colors | HartfordBusiness.com

      Fitch Ratings gave 'A' ratings to some $154 million in outstanding debt for Bradley International Airport in Windsor Locks. Fitch gave 'As' to approximately $147 million in outstanding 2011 series A&B general airport revenue refunding bonds, and to some $7 million in outstanding parity 2001 series B general airport revenue bonds.

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