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Top News & Analysis Connecticut

  • WASHINGTON, Feb 16- Outlets of Santander Bank, already under fire for lending practices, denied mortgages to women, minorities and low-income borrowers in the U.S. The Committee for Better Banks, a coalition of bank workers, consumer advocacy groups and unions, dug into government data on home loans in the U.S. Santander's Ann Davis said the main data source,...

  • WASHINGTON, Feb 16- Outlets of Santander Bank, already under fire for lending practices, denied mortgages to women, minorities and low-income borrowers in the U.S. The Committee for Better Banks, a coalition of bank workers, consumer advocacy groups and unions, dug into government data on home loans in the U.S. Santander's Ann Davis said the main data source,...

  • SARASOTA, United States- Federal Reserve Bank of Chicago Executive Vice President and Director of Research Daniel Sullivan will speak on the economic outlook before a Central Banking Series event hosted by the Global Interdependence Center in Sarasota. GOLDEN VALLEY, United States- Federal Reserve Bank of Minneapolis President Neel Kashkari...

  • SARASOTA, United States- Federal Reserve Bank of Chicago Executive Vice President and Director of Research Daniel Sullivan will speak on the economic outlook before a Central Banking Series event hosted by the Global Interdependence Center in Sarasota. GOLDEN VALLEY, United States- Federal Reserve Bank of Minneapolis President Neel Kashkari...

  • *OPEC may extend or deepen cuts if global supply glut persists. OPEC, others promised to cut 1.8 mln bpd in H1. Prices have traded in a tight $5- range since OPEC and other exporters including Russia agreed last year to cut output by 1.8 million barrels per day to reduce a price-sapping glut.

  • STAMFORD, Conn. _ The Navigators Group Inc. on Thursday reported fourth-quarter profit of $21.6 million. The Stamford, Connecticut- based company said it had profit of 71 cents per share. For the year, the company reported profit of $82.7 million, or $2.75 per share.

  • The New Haven, Connecticut- based company on Thursday forecast 2017 revenue of $3.40 billion- $3.50 billion, falling short of the average analyst estimate of $3.54 billion, according to Thomson Reuters I/B/E/S. "While revenue guidance implies only modest growth, investors should be relieved, since fears about significant slowdown in revenue were not realized,"...

  • Stephen Feinberg

    NBC News reports that Trump has asked a New York billionaire to conduct a review of U.S. intelligence agencies and other aspects of the federal government.

  • *OPEC could extend or deepen cuts if global glut persists. *OPEC, others promised to cut 1.8 million bpd in H1. OPEC's supply pact could be extended by May if all major producers showed "effective cooperation," an OPEC source told Reuters.

  • *Q4 rev misses; profit beats by 1 cent. The New Haven, Connecticut- based company on Thursday forecast 2017 revenue of $3.40 billion- $3.50 billion, below expectations of $3.54 billion, according to Thomson Reuters I/B/E/S. Alexion's 2017 revenue forecast should reassure investors about the durability of Soliris, Leerink's Geoffrey Porges said.

  • NEW YORK— Charter Communications Inc. swung to a fourth-quarter profit, topping Wall Street expectations, as revenue surged from key acquisitions last year. The Stamford, Connecticut- based company earned $454 million, or $1.67 per share, after reporting a loss in the same period a year earlier. The average estimate of 11 analysts surveyed by Zacks Investment...

  • Soliris, approved for rare blood disorders paroxysmal nocturnal hemoglobinuria and atypical hemolytic uremic syndrome, generated quarterly sales of $749 million, underwhelming consensus estimates of $756 million, according to Barclays. The New Haven, Connecticut- based company forecast 2017 adjusted earnings of $5.00- $5.25 per share and revenue of...

  • BOSTON, Feb 16- The board of Wells Fargo& Co plans to oppose a resolution filed by shareholder activists led by the Sisters of St. Francis of Philadelphia seeking a review of the root causes of the bank's unauthorized accounts scandal, according to a draft document seen by Reuters. A Wells Fargo spokesman, Mark Folk, declined to comment on whether the draft was still...

  • NEW HAVEN, Conn. _ Alexion Pharmaceuticals Inc. on Thursday reported fourth-quarter earnings of $93 million. The average estimate of 15 analysts surveyed by Zacks Investment Research was for earnings of $1.23 per share. Twelve analysts surveyed by Zacks expected $836.7 million.

  • In Massachusetts, a group that lobbies on behalf of dentists has for the first time signaled a willingness to embrace the concept, though its proposal is viewed as unnecessarily restrictive by sponsors of a competing bill in the Legislature. "We are not a silver bullet for helping access to dental care, but we are a great tool," said Christy Jo Fogarty, a dental...

  • It was a rough Valentine's Day for the U.S. health insurance industry. Aetna said it was abandoning its planned $34 billion purchase of Medicare Advantage provider Humana early Tuesday. Then, later in the day, Cigna said it is suing Anthem to kill a $48 billion acquisition bid.

  • OSLO- Norges Bank Governor Oystein Olsen will deliver an annual speech in Oslo- 1800 GMT. MAASTRICHT, Netherlands- ECB Board Member Benoit Coeure is scheduled to give keynote speech followed by panel discussion at an event on "25 years after Maastricht: The future of money and finance in Europe" jointly organized by the University of Maastricht, University of...

  • OSLO- Norges Bank Governor Oystein Olsen will deliver an annual speech in Oslo- 1800 GMT. MAASTRICHT, Netherlands- ECB Board Member Benoit Coeure is scheduled to give keynote speech followed by panel discussion at an event on "25 years after Maastricht: The future of money and finance in Europe" jointly organized by the University of Maastricht, University of...

  • WINDSOR, Conn. _ SS&C Technologies Holdings Inc. on Wednesday reported fourth-quarter earnings of $57 million. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 44 cents per share. SS&C Technologies shares have risen 15 percent since the beginning of the year.

  • NEW YORK, Feb 15- Oil prices eased slightly on Wednesday in choppy trade as record high U.S. crude and gasoline inventories fed concerns about a global glut. "There's a certain resilience in price- forward expectations that we are going to reduce supplies globally is holding the market," said Gene McGillian, manager of market research at Tradition Energy in...