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Top News & Analysis Connecticut

  • Feb 23- Norwegian Air Shuttle ASA plans to offer transatlantic flights on 10 new routes between the United States and Europe with tickets starting at $65 one way, putting pressure on U.S. and European rivals to compete, it said on Thursday. Norwegian's $65 fares will be for a one-way ticket to UK and Irish destinations from smaller airports in New York state,...

  • GREENWICH, Conn. _ Starwood Property Trust Inc. on Thursday reported fourth-quarter earnings of $121.3 million. The average estimate of four analysts surveyed by Zacks Investment Research was also for earnings of 50 cents per share. Starwood Property Trust shares have increased 4 percent since the beginning of the year.

  • Feb 23- Norwegian Air Shuttle ASA on Thursday announced plans to offer transatlantic flights on 10 new routes between the United States and Europe starting at $65, ramping up pressure on U.S. and European rivals. Norwegian is expanding its network of flights to the United States from mid-June after receiving long-awaited approval late last year for its Irish...

  • NORWALK, Conn. _ Emcor Group Inc. on Thursday reported fourth-quarter profit of $40.7 million. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 83 cents per share. Emcor Group expects full-year earnings in the range of $3.10 to $3.50 per share, with revenue in the range of $7.5 billion to $7.6 billion.

  • WARWICK, R.I.— Low-cost carrier Norwegian Air Shuttle is promising to boost traffic at smaller airports on both sides of the Atlantic Ocean when it starts service to Europe this summer from Rhode Island, Connecticut and New York's Hudson Valley. Year-round flights from those airports to Edinburgh, Scotland, begin in June, and to four airports in Ireland and...

  • Beginning in mid-June, the low-cost European carrier will launch one-way flights from Stewart International Airport in Orange County, New York, T.F. Green Airport in Providence, Rhode Island, and Bradley International Airport in Hartford, Connecticut to destinations in Ireland and the United Kingdom. This compares to one-way New York to Dublin air ticket...

  • The Alaska Republican held up a blank sheet of paper to illustrate his point. Lisa Murkowski is sponsoring legislation to open the refuge that takes up Alaska's northeast corner and is larger than West Virginia and Connecticut combined. The coastal plain is not the apex of Alaska scenery, but it's a nursery for polar bears, muskoxen and the vast Porcupine...

  • PEORIA, Ill.— Peoria Mayor Jim Ardis planned to open this year's State of the City speech by thanking Caterpillar Inc. for its longtime commitment to the central Illinois town, declaring "We wouldn't be Peoria without Caterpillar." It's been that way for decades in Peoria and in other company towns across the United States. Caterpillar's recent decision to move...

  • FORT WORTH, United States- Dallas Fed President Robert Kaplan participates in a moderated Q&A session hosted by the Tarrant County Bankers Association- 1800 GMT. LONDON- ECB Board Member Peter Praet to deliver a keynote speech at the "Brexit and the implications for financial services" conference- 0855 GMT. LONDON- ECB Board Member Peter Praet to give...

  • FORT WORTH, United States- Dallas Fed President Robert Kaplan participates in a moderated Q&A session hosted by the Tarrant County Bankers Association- 1800 GMT. LONDON- ECB Board Member Peter Praet to deliver a keynote speech at the "Brexit and the implications for financial services" conference- 0855 GMT. LONDON- ECB Board Member Peter Praet to give...

  • STAMFORD, Conn. _ Cenveo Inc. on Wednesday reported a loss of $241,000 in its fourth quarter. The Stamford, Connecticut- based company said it had a loss of 3 cents per share. Cenveo shares have dropped 9 percent since the beginning of the year.

  • MANCHESTER, Conn. _ Lydall Inc. on Wednesday reported fourth-quarter profit of $4.4 million. On a per-share basis, the Manchester, Connecticut- based company said it had net income of 26 cents. Lydall shares have fallen nearly 4 percent since the beginning of the year.

  • NEW YORK, Feb 22- Oil prices fell more than 1 percent on Wednesday on expectations of another surge in U.S. inventories, retreating from multi-week highs hit in the previous session after OPEC signaled optimism over its deal with other producers to curb output. In post-settlement trade, prices pared losses sharply after data from industry group the American...

  • NEW YORK, Feb 22- Oil prices fell 1.5 percent on Wednesday on expectations of another surge in U.S. inventories, retreating from multi-week highs hit in the previous session after OPEC signaled optimism over its deal with other producers to curb output. U.S. crude stocks likely rose 3.5 barrels last week, its seventh straight build, analysts polled ahead of weekly...

  • Gun enthusiasts view Sig Sauer rifles at the National Rifle Association's annual meetings & exhibits show in Louisville, Kentucky, on May 21, 2016.

    A federal appeals court on Tuesday upheld Maryland's ban on assault rifles.

  • NEW YORK, Feb 22- Oil prices fell about 1.5 percent on Wednesday on expectations of another surge in U.S. inventories, but they traded close to multi-week highs after OPEC signalled optimism over its deal with other producers to curb output. Analysts polled ahead of weekly inventory reports from industry group the American Petroleum Institute and the U.S....

  • NEW YORK, Feb 22- The euro recovered from its weakest level against the dollar in six weeks on Wednesday after far-right French presidential candidate Marine Le Pen's perceived chances of winning fell, reducing concerns given the candidate's anti-EU stance. The euro was last up 0.2 percent against the dollar at $1.0554, recovering a 0.4 percent loss that...

  • NEW YORK, Feb 22- The euro hit a six-week low against the dollar on Wednesday on concern over France's presidential election campaign, a growing gap between U.S. and euro zone interest rates and the increasing risk of a rate increase from the Federal Reserve in March. The euro fell below $1.05 for the first time in six weeks to $1.0494 in early trading.

  • Aetna will spend $3.3 billion to buy back more than 20 million shares of its stock after the health insurer's board authorized more repurchases last week. Aetna will pay each dealer $1.65 billion and is using available cash to fund the deals. That announcement came a few days after Aetna called off its roughly $34 billion acquisition of Medicare Advantage...

  • NEW YORK- Federal Reserve Board Governor Jerome Powell speaks on "The Economic Outlook and Monetary Policy" before a Forecasters Club of New York luncheon- 1800 GMT. DALLAS, United States- Federal Reserve Bank of Dallas President Robert Kaplan discusses issues facing the nation and the global economy- 2330 GMT. LONDON- Bank of England Deputy Governor for...