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Top News & Analysis Connecticut

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  • WWE posts 2Q profit 18 Mins Ago

    STAMFORD, Conn. _ World Wrestling Entertainment Inc. on Thursday reported second-quarter net income of $5.1 million, after reporting a loss in the same period a year earlier. On a per-share basis, the Stamford, Connecticut- based company said it had net income of 7 cents. Keywords: World Wrestling Entertainment, Earnings Report.

  • NEW YORK, July 30- U.S. Economic growth in the United States accelerated in the second quarter to a 2.3 percent annual rate, backed by solid consumer demand. That's really what the market price action is about, "said David Ader, fixed income strategist at CRT Capital in Stamford, Connecticut.

  • NORWALK, Conn. _ Emcor Group Inc. on Thursday reported second-quarter profit of $46.8 million. Emcor Group expects full-year earnings to be $2.65 to $2.85 per share. Emcor Group shares have risen almost 5 percent since the beginning of the year.

  • July 30- Starwood Hotels& Resorts Worldwide Inc, the owner of the Sheraton and Westin hotel chains, reported an 11 percent fall in quarterly profit, hurt by a charge and the strong dollar, and trimmed its 2015 profit forecast. In contrast, Marriott International Inc and Hilton Worldwide Holdings Inc, which get most of their revenue from the United States, have raised...

  • STAMFORD, Conn. _ Pitney Bowes Inc. on Thursday reported second-quarter profit of $156.4 million. Pitney Bowes expects full-year earnings in the range of $1.75 to $1.90 per share. Pitney Bowes shares have decreased 15 percent since the beginning of the year, while the Standard& Poor's 500 index has risen slightly more than 2 percent.

  • STAMFORD, Conn.— Starwood Hotels& Resorts Worldwide Inc. on Thursday reported second-quarter earnings of $136 million. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of 74 cents per share. Starwood Hotels expects full-year earnings in the range of $2.93 to $3.03 per share.

  • STAMFORD, Conn. _ Gartner Inc. on Thursday reported second-quarter net income of $51.2 million. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 62 cents per share. Five analysts surveyed by Zacks expected $549.6 million.

  • CHESHIRE, Conn. _ Alexion Pharmaceuticals Inc. on Thursday reported second-quarter net income of $170.2 million. The average estimate of 12 analysts surveyed by Zacks Investment Research was for earnings of $1.37 per share. Seven analysts surveyed by Zacks expected $631.3 million.

  • Cigna's second-quarter earnings rose nearly 3 percent, beating estimates as the health insurer had predicted last week when it announced a plan to combine with bigger rival Anthem in a $48- billion deal. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $2.26 per share. Cigna Corp. had said Friday that adjusted...

  • NEW BRITAIN, Conn. _ Stanley Black& Decker Inc. on Thursday reported second-quarter net income of $227.2 million. Stanley Black& Decker expects full-year earnings to be $5.65 to $5.85 per share. Stanley Black& Decker shares have increased 13 percent since the beginning of the year, while the Standard& Poor's 500 index has climbed slightly more than 2 percent.

  • WINDSOR, Conn. _ SS&C Technologies Holdings Inc. on Wednesday reported second-quarter net income of $39.1 million. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 64 cents per share. SS&C Technologies shares have risen 13 percent since the beginning of the year.

  • ROGERS, Conn. _ Rogers Corp. on Wednesday reported second-quarter profit of $13.5 million. For the current quarter ending in September, Rogers Corp. expects its per-share earnings to range from 67 cents to 77 cents. Rogers Corp. shares have decreased 36 percent since the beginning of the year.

  • Earlier this week, U.S. crude prices hit four-month lows and Brent, the more important global benchmark, neared a six-month trough as a global oil glut, resurgent dollar and stock market tumble in top energy consumer China took a toll. "I see a rebound of about five bucks off the recent lows in the most likely scenario," said Chris Jarvis at Caprock Risk Management, an...

  • NAUGATUCK, Conn. _ Eastern Co. on Wednesday reported second-quarter net income of $585,000. On a per-share basis, the Naugatuck, Connecticut- based company said it had net income of 9 cents. This story was generated by Automated Insights using data from Zacks Investment Research.

  • NEW YORK, July 29- U.S. crude oil inventories declined far more than expected last week, while gasoline stocks decreased amid robust demand for the motor fuel, data from the Energy Information Administration showed on Wednesday. U.S. crude was up $1.02 at $49 a barrel at 11:13 a.m. EDT, well above its session low of $47.39. Brent crude was up 58 cents at $53.88, having...

  • UNCASVILLE, Conn.— A spike in slot machine and table game use and cost-cutting helped significantly boost third-quarter profit at the Mohegan Sun casinos in Connecticut and Pennsylvania, the parent company reported Wednesday. Slot machine revenue of $142.2 million at the Mohegan Sun in Connecticut was up about 3 percent from the third quarter of 2014. Table...

  • Reality TV show unveils life as a trainer of animal actors Wednesday, 29 Jul 2015 | 10:46 AM ET

    LOS ANGELES— For years, Bill Berloni has taught his dogs to play make believe. The trainer teaches rescue dogs to beg, bark and bow or sit, stand and shake for movies, TV and the Broadway stage. Berloni's stable of stars— all found from shelters— have appeared in Broadway shows, touring companies, special events, the New York City Ballet, movies, television and commercials.

  • Praxair meets 2Q profit forecasts Wednesday, 29 Jul 2015 | 6:33 AM ET

    DANBURY, Conn. _ Praxair Inc. on Wednesday reported second-quarter profit of $308 million. Eight analysts surveyed by Zacks expected $2.86 billion. For the current quarter ending in September, Praxair expects its per-share earnings to range from $1.42 to $1.49.

  • NEW YORK, July 29- When Matt and Jen Osmun opened their vape shop in Bethel, Connecticut, last December, they didn't expect to get a boost from the local medical marijuana outlet. "Sales are going really well, and getting better every month," said Jen Osmun, who started the business with her husband, a former plumber, after he was injured in an accident.

  • Sturm Ruger posts 2Q profit Tuesday, 28 Jul 2015 | 7:21 PM ET

    SOUTHPORT, Conn. _ Sturm Ruger& Co. on Tuesday reported second-quarter earnings of $17.6 million. Sturm Ruger shares have increased 69 percent since the beginning of the year. Keywords: Sturm Ruger, Earnings Report.