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Springfield’s Smith & Wesson boosts 4Q sales outlook | Hartford Business
Explore HartfordBusiness.com (6 hours, 10 min ago)
Smith & Wesson also said that its backlog more than doubled to about $439 million as of the end of the quarter, up from $187 million at the same time last year.
(Read Full Article)
Mentions: Smith & Wesson Corp. Springfield
MassMutual’s retirement services sets 1Q sales record
Explore HartfordBusiness.com (May 22 2012)
MassMutual's affiliates include: Babson Capital Management LLC; Baring Asset Management Limited; Cornerstone Real Estate Advisers LLC; The First Mercantile Trust Company; MassMutual International LLC; MML Investors Services, LLC; OppenheimerFunds, Inc.; and The MassMutual Trust Company, FSB.
(Read Full Article)
Mentions: MassMutual Springfield
Summer electricity in Northeast seen as adequate
Explore HartfordBusiness.com (May 15 2012)
The northeastern United States and several Canadian provinces should have sufficient electrical power this summer due to more generating capacity and the slow economic recovery that is reducing demand, The Associated Press reports, citing a group that promotes power reliability.
(Read Full Article)
Airport upgrades arriving soon | Hartford Business
Explore HartfordBusiness.com (May 8 2012)
The Connecticut General Assembly created the airport authority in 2011 to be a more nimble and more-responsive administrator of Bradley and the state’s general aviation airports than the Connecticut Department of Transportation. Since first meeting in October, the authority has dealt with procedural issues while leaving the larger tasks — hiring a route development director, addressing the new terminal — for after an executive director is hired.
(Read Full Article)
Feds approve collaboration of regional power grids | Hartford Business
Explore HartfordBusiness.com (Apr 26 2012)
The Federal Energy Regulatory Commission approved the greater collaboration of the two power grids serving New England and New York, saving $126 million annually. ISO New England and NYISO are not formally merging under the agreement - an idea considered and abandoned 10 years ago - but the two grids will be working more closely together to offer lower cost power to ratepayers in both regions.
(Read Full Article)
Growing pains | Hartford Business
Explore HartfordBusiness.com (Apr 16 2012)
When Hartford-based NU and Boston-based NStar proposed their $5 billion merger on Oct. 16, 2010, the companies didn’t talk about staff reductions or regulator settlement agreements. The two energy giants proposed significant returns for shareholders; safer and more reliable electricity; better customer service; and increased policy influence. “Those are key tenants that will make this merger work,” McHale said. (Read Full Article)
Mentions: Northeast Utilities
TD Bank expanding into Hartford 21
Explore HartfordBusiness.com (Apr 3 2012)
Michael LaBella, TD's Connecticut market president, said the new location will serve as one of the bank's four regional hubs in the state. The bank's other regional hubs are in Wilton, New Haven, and New Britain.
(Read Full Article)
Mentions: First Niagara Bank
Big Y’s big savings with new loss-prevention software
Explore HartfordBusiness.com (Mar 15 2012)
Springfield food chain Big Y, with stores in Connecticut, has signed with an Atlanta audit-software maker whose system has already shown value speeding the grocer's ability to curb retail "shrinkage.''
(Read Full Article)
Mentions: Big Y Foods Springfield
Mass. foodmaker buys CT's Grote & Weigel
Explore HartfordBusiness.com (Feb 29 2012)
The company, which shut its doors earlier this month, has found salvation from Massachusetts food maker J. Polep Distribution Services, which bought Grote's assets from a bank and has pledged to reopen production facilities on Monday.
(Read Full Article)
First Niagara's 4Q profits rise 27 pct. | Hartford Business
Explore HartfordBusiness.com (Jan 29 2012)
First Niagara Financial Group Inc. -- operator of Connecticut's former NewAlliance Bank network -- said Thursday that its fourth quarter earnings jumped 27 percent thanks to strong loan and deposit growth. (Read Full Article)
Mentions: First Niagara Bank
Webster’s 4Q net climbs 27 percent
Explore HartfordBusiness.com (Jan 20 2012)
"Fourth quarter results cap a year of meaningful, across-the-board progress for Webster, with particularly strong improvement in credit metrics, said Webster Chairman and CEO James C. Smith. (Read Full Article)
Mentions: Webster Bank
Bradley to launch Fort Myers non-stop | Hartford Business
Explore HartfordBusiness.com (Dec 27 2011)
Bradley International Airport in Windsor Locks will have its first nonstop service to Fort Myers, Fla. starting on Feb. 12. (Read Full Article)
Mentions: Southwest Airlines
Springfield’s Babson funds $24M for Kohlberg deal | Hartford Business
Explore HartfordBusiness.com (Dec 26 2011)
Springfield's Babson Capital Management LLC says it put up $24 million in mezzazine debt and equity financing to fund the purchase of a Dallas chain of hospice-care centers -- its second such transaction in a month. (Read Full Article)
Mentions: Springfield
NU seeks $218M in power line improvements
Explore HartfordBusiness.com (Dec 23 2011)
Other phases of the $2 billion effort include the Greater Springfield Reliability Project, which includes parts of northern Connecticut; the Central Connecticut Reliability Project; and the Rhode Island Reliability Project. (Read Full Article)
Mentions: Northeast Utilities Springfield
NU’s David Driver assumes CERC chair
Explore HartfordBusiness.com (Nov 28 2011)
Driver, NU's business recruitment manager and director of the six-state Team New England marketing program, replaces AT&T Executive Director John Emra, who has served as head of CERC's board since 2006, the economic development agency announced Monday. (Read Full Article)
Mentions: Northeast Utilities
College-seniors' job expo Wed. in Enfield
Explore HartfordBusiness.com (Nov 9 2011)
More than 40 employers will be at the Holiday Inn Enfield-Springfield Wednesday for a free half-day annual College Career Expo targeting graduating college seniors. Cigna Corp., Fastenal Company, Hebrew Health Care, Pratt & Whitney, and TicketNetwork will be among employers at the expo from 11 a.m. to 3 p.m. at the hotel at 1 Bright Meadow Blvd. The eighth-annual event is co-sponsored by the Hartford/Springfield Economic Partnership, Connecticut Department of Labor, Connecticut Light &Power and local colleges and universities. (Read Full Article)
Mentions: Springfield Hartford Springfield Economic Partnership
Hartford's CBT acquired by Mass. lender
Explore HartfordBusiness.com (Oct 27 2011)
Berkshire is the parent of Berkshire Bank, which currently has more than $4 billion in assets and more than 60 branches in Massachusetts, New York, and Vermont. (Read Full Article)
Mentions: Berkshire Bank
ISO New England replaces two directors
Explore HartfordBusiness.com (Oct 6 2011)
ISO is responsible for setting the wholesale price of electricity in New England, and its policies influence how much ratepayers in Connecticut and the region's other states give to utilities each month. Connecticut officials currently are trying to have ISO reconsider its pricing model for electricity, as state officials believe the model forces higher prices. (Read Full Article)
Mentions: Bank of America
JetBlue adds Bradley flight to Palm Beach, Fla. | Hartford Business
Explore HartfordBusiness.com (Oct 3 2011)
JetBlue Airways is expanding its services at Bradley International Airport, with the addition of a new nonstop flight to Palm Beach Florida.The direct flight to West Palm Beach International Airport (PBI) is JetBlue's fourth destination added from Hartford in the past year, when the airline began services from Bradley. (Read Full Article)
Mentions: Bradley International Airport
W. Springfield data firm expanding staff | Hartford Business
Explore HartfordBusiness.com (Sep 27 2011)
Acumen Data Systems Inc. says its will add three software and hardware technicians to handle the West Springfield firm's expanding time-attendance and workforce data management systems and services. Acumen said strong growth in its sales and profits is prompting its continuing rise in staff count currently at about 20. (Read Full Article)
Mentions: West Springfield Springfield
Paris Air Show yields $60M for CT aerospace | Hartford Business
Explore HartfordBusiness.com (Sep 13 2011)
Hartford conglomerate United Technologies Corp. - called Connecticut's signature aerospace company by DECD - reported significant orders for jet engines during the show, which will ripple through to the state's supply chain. (Read Full Article)
Mentions: United Technologies Corp. Dannel Malloy
Lego's half-year 2011 profit soars
Explore HartfordBusiness.com (Aug 31 2011)
Danish toy maker Lego, with Enfield operations, says its first-half profit rose 32 percent as its new products, such as Lego Ninjago, sold above expectations and it continued to gain market share, The Associated Press reports. (Read Full Article)
NU to advise industry on self-healing technologies
Explore HartfordBusiness.com (Aug 11 2011)
The entire conference is a way for the industry to discuss the upcoming switch to smart grid, which uses new technology to let customers better understand their energy usage and lets utilities better provide energy to those customers. (Read Full Article)
Mentions: Northeast Utilities
Malloy elicits ideas for CT's airports | Hartford Business
Explore HartfordBusiness.com (Aug 10 2011)
Gov. Dannel Malloy officially created the Connecticut Airport Authority on Wednesday to oversee Bradley International Airport in Windsor Locks and immediately held court with several businesses on how they could capitalize on the new organization. (Read Full Article)
Mentions: Bradley International Airport Dannel Malloy
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