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Fairfield County Business Journal
Fairfield County Business Journal
Downtown magnetism
As the Harbor Point project nears completion, Stamford officials see the city on the cusp of a very bright future.
Three county companies growing fast
HPC, Cogent Fibre and Alteris cracked the Inc. 500.
Go or No Go?
The Connecticut SBIR office is offering to pay for new product assessments.
Law briefs
A Danbury Hospital executive was charged with fraud.
Retailer takes over former news building
Joining its two sister brands in Greenwich, Urban Outfitters will take over the former Greenwich Time building.
Detail-oriented
Sergio Castro came to the U.S. almost 10 years ago with a deep desire to fulfill his dream of becoming a successful entrepreneur.
Lloyd’s, Cougar sue Sikorsky
Insurers sue Sikorsky for a 2009 helicopter crash off Newfoundland.
Energy report
The Connecticut Clean Energy Fund is offering a new loan program for emerging technologies.
Boomers getting on Facebook
Seniors are the fastest-growing demographic on social media platforms.
Mobile devices expand businesses’ reach
Mobile media have greatly expanded the reach of the Internet and are proving to be a growing consideration in online promotion.
Working the Web
Seven tips for engaging your website visitors and turning “traffic” into customers.
Stamford economy on agenda
Stamford Mayor Michael Pavia and gubernatorial candidates Dan Malloy and Tom Foley are to discuss Stamford’s economy in early September.
Cleaning up
After a year of business in Stamford, Topside Detailing has expanded and built jobs.
Greenbacks for Metro Green
Stamford’s Metro Green Apartments are getting $2.5 million from the state.
Economic gambit
Connecticut may have an opening with New York’s deferral of tax credits.
Retail report
Checkers quick-service burger restaurants are coming to Fairfield County.
Connecticut needs an identifiable pro-jobs plan
With an unemployment rate hovering at 9 percent and Connecticut residents still nervous about their long-term financial stability, Labor Day is an excellent time to focus on jobs.
Condo community looks to blend in
Norwalk’s Summerview Square is blending into the neighborhood.
Broadcaster sets up in Greenwich
Townsquare Media L.L.C. , the country’s fourth largest radio company, now calls Greenwich home.
Changing lenders
Despite improving credit conditions, some small businesses appear to be shopping for a new bank.
Language is not the barrier – information is
Understanding immigrant communities can yield stronger business relationships, effective marketing campaigns and a more holistic sense of globalization.
Commercial real estate
Matrix Corporate Center gets new tenants in GM and White Mountains Re Group.
Heating up startups
The CTech IncUBator started accepting applications in August.
Accounting overhaul for lease contracts?
FASB inches closer to a new bookkeeping standard for leases.
Earnings in brief
PrimeEnergy, Photronics, Independence Holding, Trans-Lux, Drinks Americas Holdings.
Film Chest comes to Bridgeport
A New York City-based film library company has opened a location in Bridgeport with hopeful ideas for the future.
State’s job growth stalls
Mixed economic news flummoxed economists as August drew to a close.
Marketers focus more on client needs
Fierce competition is pushing marketing businesses to be even savvier in turning advertising dollars into sales.
Rules of attraction
Public relations and marketing associations shift programming and perks to attract and retain members.
Legal briefs
Affinion agrees to pay $8 million in New York over fees in its discount clubs.
Equity moves
TransEngen raises $2.5 million as it develops medical payment software.
Conn. colleges on ‘best’ list
Yale and UConn slid a notch but still fared well in USNWR’s “Best Colleges.”
Connecticut ranks low with CEOs
Connecticut has managed once again a poor showing in a national poll to determine which states are most business-friendly.
Passion-based newspapering
Danbury-based Tribuna is pro-people, no matter the nationality.
Fresh starts
Immigrant population breathes new life into downtown Danbury.
Team coverage
Fairfield County Business Journal, Tribuna team up to collaborate on news.
Eyeing the debates
Entering the fall campaigns, Danbury’s immigration brouhaha could re-emerge as an issue.
Specialty recruiting firms sprouting, profiting
A large talent pool, smaller human resources departments, and demanding staffing needs are a few reasons why these businesses are doing well.
Foley, Malloy outline agendas
Dan Malloy and Tom Foley are ready for a fall campaign expected to focus on jobs, taxes and the deficit.
Creating a stir
Stamford-based Centerplate has started a hospitality solution-generating subsidiary called Centerplate Stir.
Earnings Report:
Several companies noticed a slowdown at the end of the second quarter.
Finance in brief
Hedge funds regained their footing in July.
Funds aim to improve ferry service
“Marine highway” expansion planned for Connecticut and Long Island.
Wine consumption keeps growing
The Beverage Information Group in Norwalk has found that U.S. wine consumption is maintaining its growth trend and is expected to continue for the next five years.
M&A in brief: iMedX, Penwest Pharmaceuticals
iMedX expands to Louisiana with an acquisition.
Commercial real estate in brief
Cronus moves its Connecticut office from Stamford to New Haven.
Knight Capital expands
Greenwich-based firm has expanded its mortgage-backed and asset-backed securities capabilities.
First Niagara enters Conn. with NewAlliance purchase
First Niagara is buying NewAlliance for $1.5 billion.
Pay percolating at variable levels
HR consultancies predict increased use of variable pay models heading out of the recession.
Watch how you file
State and federal government crack down on employee misclassification, but experts say misfiling is not always purposeful.
Nonprofits face October deadline
About 1,100 nonprofits in Fairfield County risk running afoul of the IRS.
Health insurance a weighty issue
As we enter the second half of 2010 business and health insurance factor more heavily into the cost of doing business, with health reform leaning on an already shaky environment.
Connecticut taxpayers face more pressing issues
All voters in Connecticut should get candidates to pledge that they will make the tough decisions needed to get the state back on track.
Affinion to pay N.Y. fine
Affinion agreed to pay $8 million in New York over fees in its discount clubs.
Bond approved for high-speed rail
The Connecticut State Bond Commission approved $260 million in funding for a high-speed rail line.
Westport awaits economic turnaround
Rental inquiries are coming in for downtown properties, but rates remain high.
The emperors’ new clothes
As the fall races heat up, taxes are expected to dominate debate.
Killings prompt HR reassessments
The Manchester shootings have companies scrambling to reassess their workplace policies.
Commercial real estate in brief
Lax.com relocates from New Jersey to Norwalk.
Earnings report
Earnings reports for Pitney Bowes, Frontier Communications, Harman International Industries, Ethan Allen Interiors, Star Gas Partners, Arch Chemicals, Bolt Technology, Information Services Group, XL Group, Genesee & Wyoming.
Lawmakers await Kleen Energy report
As OSHA levies fines, a state commission considers new regulations as a result of the Kleen Energy explosion.
School-specific Internet arrives
Colleges, aided by a corporate cut-and-paste, make the web their own.
Finance in brief
Patriot National improved its results, but still generated a loss.
Health care in brief
CVS to continue offering a pharmacy discount program in Connecticut; applications available for the Connecticut Pre-Existing Condition Insurance Plan.
Law in brief
In the 2010 fiscal year ending in June, Connecticut collected $1.2 million in fines from more than 370 companies based elsewhere and doing business in the state without having registered.
Cable Ready growth reaches cable television
Norwalk company is now producing shows and connecting producers with channels.
Hot summer warms utility’s sales
By one measure, Northeast Utilities had its best quarter since 2007.
Norwalk Boat Show eyed as market barometer
Boat sales remain choppy heading into the fall and winter buying season.
Transportation in brief
Connecticut formally applies for $220 million to build a high-speed rail line.
Roads, bridges overdue for repair
Connecticut’s apparent major transportation inadequacies leave the state’s future on rocky ground.
Priceline continues strong 2010
Despite the Iceland volcano impacting travel, Priceline had a strong second quarter.
Economic recovery continues slowly in Connecticut, U.S.
Economic recovery is continuing in Connecticut but has yet to become the self-sustaining turnaround many experts projected.
It’s Malloy v. Foley; McMahon vs. Blumenthal
Dan Malloy bests Ned Lamont as the Democrat nominee for Connecticut governor. Linda McMahon wins GOP Senate primary.
Looking for traction
It’s anyone’s guess on how auto dealers will fare this fall.
Conn. among early takers on ERRP
Connecticut agencies are vying with corporations for retiree health benefits.
Proprietary trading’s new rules
Reforming playing with the company’s money could push high-risk traders toward opportunities and hedge funds in Connecticut.
Aircastle strikes deal
Stamford-based Aircastle Limited has, within a two day period, bought three major-league airliners and begun a $300 million securities offering.
Commercial real estate in brief
Solais Lighting relocates to Stamford.
Finance in brief
Sixteen Connecticut companies raise $24.5M in VC
CARB gets cash for efficiency
A Norwalk-based consortium is working to improve residential energy use.
In Fairfield County, high rate of insured
Nearly nine in 10 Fairfield County residents had health insurance in 2007.
Love, death and food in Greenwich
When Versailles restaurant opens at 339 Greenwich Ave. next month, Versailles at 315 Greenwich Ave. will close. The continuity is not lost on Ingrid McMenamin.
The write stuff
With the advent of self-publishing, business owners who have something to say are looking to books as a way to spread their word and in turn, establish credibility as a resource.
Business in brief
Fairfield County’s business count was already contracting heading into the recession.
Student loan market in transition
The federal government overhauls student lending entering the fall.
State universities eye nurse-teaching program
For nurses who want to teach, Connecticut State University is talking about instituting a program to allow them to earn a graduate-level teaching degree.
Erased from the top
Connecticut is searching for answers after losing the Race to the Top.
Students post gains in CMT
Eighth graders improved their performance on the Connecticut Mastery Test.
CBIA: Voters must ask candidates probing questions
Voters must ask candidates for state office how they would handle the challenges of Connecticut’s budget deficits and the struggling job market.
Middletown blast draws $16.6m in OSHA fines
OSHA proposed $16.6 million in fines for the deadly Middletown blast.
Law Briefs
Wells Fargo will pay $219 million to Connecticut investors over securities sold by Wachovia.
Earnings Report
UBS anticipates a resolution of its dispute with the U.S. government over customer accounts.
Zotos approved for wind project
Zotos International won approval for a wind project in upstate New York.
UPDATE: Stamford man among shooting victims
An employee killed multiple people at a Manchester beer distributor.
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