Industry News
WCEDA Forums: Life Is Good In Western Conn.
June 4, 2012 | Reprints | Unlock LinkLife is good in Western Connecticut – at least according to findings from four focus group discussions conducted last year by the Western Connecticut Economic Development Alliance (WCEDA).
Newtown Savings Bank Participates With FHLB Equity Builder Program
June 4, 2012 | Reprints | Unlock LinkFor the second year in a row, Newtown Savings Bank is participating with the Federal Home Loan Bank of Boston’s Equity Builder Program (EBP).
Kafka, Sitek Are Prudential Realty Vernon\’s Top Execs For May
June 4, 2012 | Reprints | Unlock LinkPrudential Connecticut Realty’s Vernon office said Marilu Kafka earned top honors for listings and Kathleen Sitek scored the top spot for sales in May.
Fees Get A High Court Reprieve
By Kenneth R. Harney | Washington Post Columnist | June 4, 2012 | Reprints | Unlock LinkIn a decision that could have significant impacts on the fees that consumers pay in real estate transactions, the U.S. Supreme Court has ruled that “unearned” fees charged by lenders and other service providers do not violate federal law as long as they are not split with anyone else.
Five Ways To Stay Positive In A Sea Of Negativity
By Bernice Ross | Inman News Columnist | June 4, 2012 | Reprints | Unlock LinkHave you ever noticed that no matter how good or bad things are, some people always have a positive mindset while others are constantly negative? If you’re finding that you’re feeling helpless or out of control, a few simple steps may be all you need to break this negative pattern.
Leader To Address ‘Dysfunction\’ On Energy Committee
By Jan Ellen Spiegel | CT Mirror | June 4, 2012 | Reprints | Unlock LinkAt least four major components of the omnibus energy bill that never made it to the floor of either chamber of the General Assembly in the just-completed annual legislative session are likely to make their way into the special session in two weeks.
Black & Decker Eyes Bid For CVC\’s Singapore Asset-Sources
By Stephen Aldred | Reuters | June 4, 2012 | Reprints | Unlock LinkStanley Black & Decker Inc is among potential bidders for private equity-owned Infastech, a Singapore-based industrial fastener maker with revenues of more than $500 million, sources with direct knowledge of the matter said.
A Seller\’s Guide To Open-House Crashing
By Tara-Nicholle Nelson | Inman News | June 4, 2012 | Reprints | Unlock LinkAs I see it, there are a couple of flavors of behavior that could be counted as open-house crashing. If the definition of crashing is for someone to attend and participate in an event other than its intended participants, then under the strictest construction of what open houses are for, you could call anyone other than people who are currently in the market to buy a home — and are qualified to purchase a home in the price range of the home being held open — an open-house crasher.
Conn. Wins Key Waiver In Federal Education Law
By Stephen Singer | Associated Press | June 4, 2012 | Reprints | Unlock LinkConnecticut was freed May 29 from the strictest mandates of the federal No Child Left Behind education law after enacting a sweeping public school overhaul that won strong praise from the nation’s top education official.
Donovan\’s Campaign Finance Director Arrested
June 1, 2012 | Reprints | Unlock LinkThe finance director of Connecticut House Speaker Christopher Donovan’s campaign for Congress has been charged with conspiring with others to conceal the source of $20,000 in campaign contributions.
North Haven Industrial Buildings Sold For $550,000
June 1, 2012 | Reprints | Unlock LinkAn industrial facility at 59 Old Broadway East in North Haven has been sold to Carmel Realty for $550,000.
Farmington Bank Hosts Grand Opening At New Bloomfield Branch
June 1, 2012 | Reprints | Unlock LinkFarmington Bank’s new branch banking office in Bloomfield will host a Grand Opening Celebration, June 4 – 30, which will include family activities, promotions and daily prizes Mondays through Saturdays.
MacKenzie Joins TD Bank As Store Manager In Fairfield
June 1, 2012 | Reprints | Unlock LinkJennifer A. MacKenzie has been named manager of the TD Bank store at 1643 Post Road in Fairfield.
30-Year Mortgage Rate Drops To New Low
June 1, 2012 | Reprints | Unlock LinkAverage U.S. rates on 30-year and 15-year fixed mortgages dropped to record lows again this week, with the 15-year loan dipping below 3 percent for the first time ever.
Bella Bridesmaid Leases Retail Space In Westport
June 1, 2012 | Reprints | Unlock LinkBella Bridesmaid recently leased 900 square feet of retail space at 9 Post Road West in Westport.
Connecticut Innovations To Host SBIR & Global Trade Summit
June 1, 2012 | Reprints | Unlock LinkConnecticut Innovations, through its SBIR programs, will host this year’s SBIR & Global Trade Summit, July 24-26 at Mohegan Sun in Uncasville.
Scalzo Group Featured In American Builders Quarterly
June 1, 2012 | Reprints | Unlock LinkThe Bethel-based Scalzo Group of companies is featured in American Builders Quarterly, a national trade national publication for construction professionals.
Savings Bank Of Danbury Foundation Awards Grant To YMCA
June 1, 2012 | Reprints | Unlock LinkThe Savings Bank of Danbury Foundation recently awarded a $3,000 grant to the Regional YMCA of Western Connecticut in January at a reception in the Mill Plain office.The grant will be used to support the ESCAPE To The Arts program.
New England Bank To Be Acquired By United In $91M Deal
May 31, 2012 | Reprints | Unlock LinkNew England Bancshares, parent of New England Bank, says it will be acquired by United Financial Bancorp Inc., the West Springfield, Mass.-based holding company for United Bank, for about $91 million.
FDIC Schedules Three Conn. Banks For Q3 CRA Examination
May 31, 2012 | Reprints | Unlock LinkThe Federal Deposit Insurance Corp. will conduct Community Reinvestment Act examinations at three Connecticut banks during the third quarter.