Top News & Analysis Connecticut

  • NEW YORK, Sept 25- U.S. The U.S. Treasury Department sold $38 billion in five-year notes to soft bidding, following a weak auction for $37 billion of two-year debt on Monday. "The weakness we have seen in the two-year and five-year auctions has come due to some caution of the Fed meeting," said Jonathan Cohn, interest rate strategist at Credit Suisse in New York.

  • *U.S. to sell $17 bln in 2- year FRN, $38 bln 5- year notes. The U.S. Treasury Department will sell $38 billion in five-year debt at 1 p.m. EDT. It will auction $17 billion in two-year floating-rate notes and $40 billion in one-month bills at 11:30 a.m. The government has ramped up borrowing since February as the deficit has grown following the massive tax cut enacted...

  • NORWALK, Conn. _ FactSet Research Systems Inc. on Tuesday reported fiscal fourth-quarter net income of $68.8 million. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $2.22 per share. Eight analysts surveyed by Zacks expected $346.4 million.

  • Casters are showered with sparks, or 'skeeters,' as molten steel is shaped into bars called 'billets' at the TAMCO steel mini mill on in Rancho Cucamonga, California. 

    U.S.-based Coronado Global Resources launched what is set to be Australia's biggest coal mining float in six years with an IPO that seeks to raise up to A$1.3 billion.

  • SYDNEY/ MELBOURNE, Sept 24- U.S.-based Coronado Global Resources Inc launched what is set to be Australia's biggest coal mining float in six years with an IPO that seeks to raise up to A $1.3 billion and capitalise on Asian demand for the steelmaking commodity. Coronado, which is backed by U.S. private equity firm Energy and Minerals Group, said in a statement on...

  • SYDNEY, Sept 24- U.S.-based Coronado Global Resources Inc kicked off what is set to be Australia's biggest coal mining float in six years with an IPO that seeks to raise up to A $1.3 billion and capitalize on Asian demand for the steelmaking commodity. Coronado, which is backed by U.S. private equity firm Energy and Minerals Group, said in a statement on Monday it...

  • SYDNEY, Sept 24- U.S. private equity-owned coal miner Coronado Coal Group said on Monday it would price shares in its Australian IPO at between A $4.00 and A $4.80 per share, valuing the company at up to A $4.4 billion. The IPO is likely to be the biggest coal mining float in Australia since Yancoal Australia listed in 2012 at the peak of the country's mining boom.

  • View of Baltimore's Inner Harbor from Federal Hill Park.

    One New England city offers nearly $80,000 worth of incentives.

  • *OPEC, non- OPEC states study new oil output boost- source. *OPEC and its allies to gather on Sunday in Algeria. Investors grappled with whether the Organization of the Petroleum Exporting Countries and non- OPEC producers will offset a shortfall from Iran once U.S. sanctions go into full force Nov. 4.

  • *OPEC, non- OPEC states study new oil output boost- source. *OPEC and its allies to gather on Sunday in Algeria. Investors grappled with whether the Organization of the Petroleum Exporting Countries and non- OPEC producers will offset a shortfall from Iran once U.S. sanctions go into full force Nov. 4.

  • *OPEC, non- OPEC states study new oil output boost- source. *OPEC and its allies to gather on Sunday in Algeria. Investors grappled with whether the Organization of the Petroleum Exporting Countries and non- OPEC producers will offset a shortfall from Iran once U.S. sanctions go into full force Nov. 4.

  • *Trump wants tariffs on $200 billion more in China goods. NEW YORK, Sept 14- U.S. stocks ended little changed on Friday as financials rose with bond yields, while news that President Donald Trump instructed aides to proceed with tariffs on about $200 billion of Chinese products limited gains. The move came despite Treasury Secretary Steven Mnuchin's attempts to...

  • NEW YORK, Sept 14- The dollar rose against a basket of currencies on Friday, rebounding from a near 1-1/ 2- month low, due to upbeat U.S. economic data and safe-haven demand on reports U.S. Reports that Trump told aides to proceed with tariffs on Chinese goods came after Chinese officials welcomed an invitation from Treasury Secretary Steven Mnuchin for new talks to...

  • *Trump wants tariffs on $200 bln more in China goods. NEW YORK, Sept 14- U.S. stocks were flat on Friday after President Donald Trump instructed aides to proceed with tariffs on about $200 billion of Chinese products, while financial shares gained with bond yields. A source familiar with the situation confirmed reports initially carried by both Bloomberg and Fox...

  • NEW YORK, Sept 14- The dollar rose against a basket of currencies on Friday, rebounding from a near 1-1/ 2- month low, as upbeat U.S. economic data and higher Treasury yields rekindled some investor appetite for the greenback. The world's top reserve currency was still on track for a weekly loss as reduced trade tensions between China and the United States, together...

  • But the move is undercut by election pressures faced by GOP lawmakers from high-tax states where residents are hurt by the law's limits on state and local tax deductions. Prospects for the measure, which Democrats unanimously oppose, are dim in the Senate— and it may not come to a vote by the full House before the November elections. And about a dozen Republican...

  • NEW YORK, Sept 13- First Reserve Management LP is seeking to raise $3 billion for a new buyout fund, making it the latest energy-focused private equity firm moving to capitalize on an oil price recovery that is fueling new investor appetite for the sector, people familiar with the matter told Reuters on Thursday. It will be the biggest test of First Reserve's...

  • NEW YORK— CBS News reporter Jericka Duncan said Thursday she felt threatened when "60 Minutes" boss Jeff Fager sent her a text message to "be careful" when she questioned him about reports that he tolerated an abusive environment at the newsmagazine. Fager was fired Wednesday over the message. The extraordinary drama within CBS News is an outgrowth of an...

  • WASHINGTON, Sept 12- United Technologies Corp will pay $13.9 million to settle charges it made illegal payments or provided trips and gifts to officials from Azerbaijan, China, Kuwait, South Korea, Pakistan, Thailand and Indonesia in order to obtain business, the top U.S. securities regulator said on Wednesday.

  • Sept 12- Stanley Black& Decker Inc said on Wednesday it would buy a minor stake in lawnmower maker MTD Products Inc for $234 million, expanding deeper into the outdoor garden equipment market and adding to its diverse line of products. "This investment in MTD increases our presence in the $20 billion global lawn and garden market in a financially and...