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  • W.R. Berkley beats 3Q profit forecasts Thursday, 23 Oct 2014 | 6:18 PM ET

    GREENWICH, Conn. _ W.R. Berkley Corp. on Thursday reported profit of $188.5 million in its third quarter. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 91 cents per share. W.R. Berkley shares have climbed 14 percent since the beginning of the year.

  • WASHINGTON, Oct 23- Two U.S. senators demanded Thursday that safety regulators issue a nationwide recall of automobiles with potentially defective air bags that can launch metal shards into occupants. Senators Richard Blumenthal of Connecticut and Edward Markey of Massachusetts, both Democrats, said the National Highway Traffic Safety Administration...

  • Speculation over whether the UBS will stay in Stamford has swirled for years as the Swiss bank reorganizes and cuts staff, the Stamford Advocate reported. The Advocate said the building was "officially on the market, further signaling the Swiss banking giant is preparing to pack its bags and leave Stamford in the near future." However Jay Hruska, vice chairman of...

  • WASHINGTON, Oct 23- Two U.S. senators demanded Thursday that safety regulators issue a nationwide recall of automobiles with potentially defective air bags that can launch metal shards into occupants. Senators Richard Blumenthal of Connecticut and Edward Markey of Massachusetts, both Democrats, said the National Highway Traffic Safety Administration...

  • Report: Better shields needed for private tax data Thursday, 23 Oct 2014 | 1:15 PM ET

    Federal and state agencies operating health insurance exchanges— where consumers can shop for private coverage— should be required to get independent assessments of how well they protect tax information the IRS sends them, according to the report. The investigators said they watched IRS officials conduct security reviews of Connecticut's and...

  • Hubbell meets 3Q profit forecasts Thursday, 23 Oct 2014 | 8:00 AM ET

    SHELTON, Conn. _ Hubbell Inc. on Thursday reported third-quarter net income of $89.6 million. The average estimate of analysts surveyed by Zacks Investment Research was also for earnings of $1.51 per share. Analysts expected $893.4 million, according to Zacks.

  • UBS puts Stamford building on the market Thursday, 23 Oct 2014 | 6:45 AM ET

    STAMFORD, Conn.— Financial services giant UBS has put its Stamford building on the market in another sign the Swiss bank is ready to leave the city. Jay Hruska, vice chairman of Cushman& Wakefield, said UBS officials want to "evaluate all of their options," The Advocate of Stamford reported. The bank has rights to the property through 2017, but staff levels at the...

  • Alexion tops Street 3Q forecasts Thursday, 23 Oct 2014 | 6:39 AM ET

    CHESHIRE, Conn. _ Alexion Pharmaceuticals Inc. on Thursday reported third-quarter net income of $177.7 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of $1.14 per share. Analysts expected $541.8 million, according to Zacks.

  • Owner of Conn. inn accused of tobacco tax fraud Thursday, 23 Oct 2014 | 6:16 AM ET

    LITCHFIELD, Conn.— Federal officials have accused the owner of the Litchfield Inn of defrauding Massachusetts and Connecticut of $43 million in tobacco tax revenue. The Republican-American reports that an indictment in U.S. District Court in Springfield, Massachusetts, accuses Syed I. Bokhari of accepting cash for tobacco products in amounts of more than...

  • California malpractice cap generates big spending Wednesday, 22 Oct 2014 | 3:55 PM ET

    SACRAMENTO, Calif.— Bob Pack wanted to go after the HMO doctors for recklessly prescribing painkillers to a drug-abusing nanny who ran over his 10- year-old son and 7- year-old daughter as they were heading for ice cream one early fall evening in 2003.. But under California's 1970 s-era medical malpractice law there was a $250,000 cap on pain and suffering.

  • Amphenol tops Street 3Q forecasts Wednesday, 22 Oct 2014 | 8:15 AM ET

    WALLINGFORD, Conn. _ Amphenol Corp. on Wednesday reported net income of $182.2 million in its third quarter. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 57 cents per share. Amphenol expects full-year earnings in the range of $2.20 to $2.22 per share, with revenue in the range of $5.26 billion to $5.3 billion.

  • Silgan meets 3Q profit forecasts Wednesday, 22 Oct 2014 | 7:42 AM ET

    STAMFORD, Conn. _ Silgan Holdings Inc. on Wednesday reported earnings of $83.3 million in its third quarter. The average estimate of analysts surveyed by Zacks Investment Research was also for earnings of $1.33 per share. Silgan expects full-year earnings in the range of $3.10 to $3.20 per share.

  • From Kors to DVF, fashion mourns de la Renta Wednesday, 22 Oct 2014 | 7:21 AM ET

    Oscar de la Renta approached fashion and life on those terms, but there was more, so much more, those who loved and admired the designer say. I put it on and he said,' And now to the most important accessory,' and he handed me his arm and he said,' The man.' And so I put my arm in his arm and I got to walk through his showroom with Oscar de la Renta. A handwritten statement signed by his...

  • Connecticut governor: I kept my vow not to cut aid Wednesday, 22 Oct 2014 | 7:13 AM ET

    Dannel P. Malloy and his Republican challenger, Tom Foley, portrayed themselves Tuesday as friends to cities and towns, with Malloy reminding local leaders that he kept his promise nearly four years ago not to cut state aid in order to balance the budget. "If I lose this election, it's because I kept my fidelity to you," Malloy told members of the Connecticut...

  • Fashion icon mourned in Dominican homeland Wednesday, 22 Oct 2014 | 7:12 AM ET

    SANTO DOMINGO, Dominican Republic— Designer Oscar de la Renta was mourned Tuesday in the Dominican Republic as a native son who brought glamour and prestige to a largely poor country better known for baseball and beaches than elegant evening wear. De la Renta was born in the Dominican Republic in 1932 and left the Caribbean country at age 18. At the time of his...

  • Xerox beats 3Q profit forecasts Wednesday, 22 Oct 2014 | 7:06 AM ET

    NORWALK, Conn.— Xerox Corp. on Wednesday reported third-quarter net income of $266 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 26 cents per share. For the current quarter ending in December, Xerox expects its per-share earnings to range from 30 cents to 32 cents.

  • Stanley Black & Decker beats Street 3Q forecasts Wednesday, 22 Oct 2014 | 6:07 AM ET

    NEW BRITAIN, Conn. _ Stanley Black& Decker Inc. on Wednesday reported third-quarter net income of $236.7 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of $1.44 per share. Stanley Black& Decker expects full-year earnings in the range of $5.52 to $5.58 per share.

  • Strong dollar hurts profits of U.S. companies Tuesday, 21 Oct 2014 | 5:49 PM ET

    Coca Cola Co and McDonald's Corp on Tuesday became the latest multinationals to get sideswiped by the surging U.S. currency, which typically crimps demand for U.S. exports and reduces the value of overseas sales when they are translated back into U.S. dollars. McDonald's forecast currency to cut fourth-quarter earnings per share by 5 cents to 6 cents, after...

  • Ethan Allen beats Street 1Q forecasts Tuesday, 21 Oct 2014 | 5:46 PM ET

    DANBURY, Conn. _ Ethan Allen Interiors Inc. on Tuesday reported fiscal first-quarter profit of $11.9 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 35 cents per share. Analysts expected $190.6 million, according to Zacks.

  • *China implied oil demand up 6.2 pct to 10.3 mln bpd in September. *China Q4 GDP growth at 7.3 pct, weakest since 2008/ 09 crisis. NEW YORK, Oct 21- Brent crude oil ended up almost 1 percent on Tuesday, helped by data showing stronger-than-expected China demand and some technical price recovery after weeks of almost uninterrupted selling.