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New Haven Biotech Explodes in Value and Chooses Downtown for Headquarters
By Mitchell Young NEW HAVEN: A newly public Bio-tech holding company Biohaven [ NYSE: BHVN] has chosen a high profile former bank building in the city’s Central Business District for its new headquarters. The moves comes as…
CT: Tax and Fees On The Near Horizon, $600-$800 Billion
Budget Debate: It’s Not How Much, But What Kind Of Revenue To Raise By, Keith M. Phaneuf ctmirror.com HARTFORD: For months Gov. Dannel P. Malloy has been sparring with his fellow Democrats in the House of Representatives…
CT Single-Family Sales Rise By Double Digits In July, Condo Prices Drop
HARTFORD: Single-family home sales in Connecticut jumped 12.7 percent in July compared to July of 2016, according to the latest report from The Warren Group, publisher of The Commercial Record. A total of 3,641 single-family…
Facebook Building Out New England Operations
Cambridge, Mass. Facebook which was started in Cambridge by Mark Zuckerberg a then student at Harvard has had only a minor prescence in New England’s top tier tech town, with only 150 employees. That Facebook status change…
Stamford Office Tower Sells Just Shy of $100 Million
STAMFORD: Stamford Towers two adjacent class A office building have sold for $97 million. The buildings were last sold in1998 for $61.3 million to the seller Manhattan based commercial real estate firm SL Green Realty Corp.…
Coastal Fairfield County Job Growth Weak
WASHINGTON: The US Department of Labor has cited the Stamford- Bridgeport metro in the bottom third of US regions for job creating in July. The region had a 1% increase in jobs [4000] compared to the previous year. The New…
Bank Signs Exclusive Bank Marketing Agreement With UConn Football
FARMINGTON:- Farmington Bank and UConn Athletics have signed an exlcusive marketing agreement. Farmington Bank, has assets of $3.0 billion, and is a wholly-owned subsidiary of First Connecticut Bancorp, Inc. [NASDAQ:FBNK].…
Connecticut's Top Forty Fastest Growing Tech Cos Announced
HARTFORD: The Connecticut Technology Council (CTC) and Marcum LLP today announced the 2017 Marcum Tech Top 40, an annual recognition of the fastest growing technology companies in Connecticut. This year’s group of top-ranked…
Middle Market Firms Drive US - CT 17th Nationwide
A new research report American Express and Dun & Bradstreet Middle Market Power Index Series Finds That mid-sized firms are…
Pentagon, Sikorsky Sued Over Small-Business Contracts
By: Ana Radelat ctmirror.com WASHINGTON: A group representing small businesses is suing the Pentagon and Sikorsky for…
Independent Survey: Subway Most Trusted Quick Service Restaurant
By Mitchell Young SANTA ANA, CA: The Values Institute [TVI] released the results of the 2017 National Most Trustworthy…
New Haven Bio-tech Merges With Public Co. Gains Access to $175 Million in Cash and A Pipeline
NEW HAVEN: Melinta Therapeutics is merging with Cempra, Inc. [Nasdaq: CEMP],of Chapel Hill, NC. a clinical-stage…
Alexion: Blame It On Brazil or Kanuma -The Stock Dives, And The Movers Get…
Alexion's New CEO Ludwig Hantson is making major executive changes By Mitchell Young New Haven: In spite of unexpected sales and earnings growth announced by Alexion Pharmaceuticals [Nasdaq: ALXN] just weeks ago, the…
With Trump's Legal Pick Lieberman Is Likely Off FBI Job List
By Ana Radelat ctmirror.com Trump Picks Lieberman Associate Kasowitz As Personal Lawyer In Russia Probe Washington – President Donald Trump’s decision to hire attorney Marc Kasowitz to serve as his private lawyer during…
Rescigno to Retire from Greater New Haven Chamber of Commerce
CHAMBER RELEASE New Haven, CT (May 22, 2017) – After 17 years of service as the President of the Greater New Haven Chamber of Commerce (GNHCC), Anthony Rescigno announced today his plans to retire on December 31, 2017. A…
Dems Say Yes To Pot Cash, Casinos, Big Cuts To Munis
Democrats would slash municipal aid, allow casino, legalize pot By Keith M. Phaneuf ctmirror.com Hartford: House and Senate Democrats Tuesday recommended opening a new casino, legalizing marijuana and imposing deep cuts to…
Senate GOP Not Ready To Share CT Budget Fix With The Public
By Keith M. Phaneuf ctmiror.com Another question of public access arose Monday in the struggle to balance the next state…
Health Insurers Seek Big Rate Hikes, Blame Obamacare’s Uncertain Future
By Ana Radelat ctmirror.com Hartford: The state’s health insurers are asking for sizeable rate increases for individual and…
Auto Dealers Cite Tesla Cheating Report, To Stop Exemption Bill
Dealers Are Charging Up to Challenge Tesla - with Cars Too The DMV report says Tesla's Greenwich showroom violated…
Casino Revenues Stable, Foxwoods Weak, Mohegan Up
Mashantucket, Uncasville: Connecticut’s casinos have reported mixed results for April. Foxwoods reported slot revenue of…
After Layoffs, Investigation, New CEOs - Alexion Reports Results
By Mitchell Young New Haven: Worry warts that reacted to Alexion Pharmaceuticals, Inc.’s [Nasdaq: ALXN] announcement that it…
That’s The Spirit, Bradley Adds New Airline to The Mix
Windsor Locks: Will Connecticut residents have something new to complain about or will they revel in a new low cost travel…
Health
Health Exchange CEO Says Insurers May Drop Out for 2018
On August 2nd Jim Wadleigh CEO of Access Health, Connecticut’s ACA [Obamcare] health exchange. Said that concerns that the Trump Administration might…
Even With Obamacare’s Survival, A Shakeup In CT Healthcare System Threatens
By, Ana Radelat ctmirror.com WASHINGTON:– Even though the U.S. Senate failed to repeal the Affordable Care Act, there will potentially be changes to…
CT Health Exchange Scaling Back Retail Outreach
Access Health CT CEO, James Wadleigh Dropping Retail Locations in New Haven and New Britain Kyle Constable ctmirror.org HARTFORD: Facing a shortened…
Health Insurers Seek Double-Digit Rate Increases
By: Kyle Constable ctmirror.org Connecticare actuary Kelsey, tries to lay out the numbers behind the company's proposed rate increases. Hartford: Two…
Starling Roosts In New Nest East of The River
Glastonbury: A leading physician owned multispecialty medical practice Starling Physicians hasexpanded east of the river at 289 Western Boulevard.…
Health Insurers Seek Big Rate Hikes, Blame Obamacare’s Uncertain Future
By Ana Radelat ctmirror.com Hartford: The state’s health insurers are asking for sizeable rate increases for individual and small-business policies…
Connecticut Health Plans Not Happy With Trump ACA Overhaul
Insurers: Trump hasn’t committed to payments that would keep them in ACA exchanges By Ana Radelat ctmirror.com Washington: Despite reports to the…
St. Vincent's Hospital Says No Sale Imminent
BRIDGEPORT: In meetings in late February [see report] hospital executives told employees that it was considering a potential sale or merger in the…
What The GOP Obamacare Replacement Bill Means For You And CT
By, Arielle Levin Becker, ctmirror.com Members of Congress will begin moving forward today with efforts to pass the American Health Care Act, a…
Hartford Insurance Execs Looking For A Friend In Washington
By Mitchell Young WASHINGTON: Aetna [NYSE: AET] and Cigna [NYSE:CI] have watched their huge mergers collapse this month under the weight of lawsuits…
Is St Vincent’s Hospital On The Block?
BRIDGEPORT: A report late Thursday, February 23 in the Connecticut Post revealed that management at Bridgeport’s St. Vincent's Hospital has told…
CT Hospitals Launch TV Ad To Protest New Tax Proposal
By: Keith M. Pahneuf, ctmirror.com Connecticut’s hospital industry launched a new television ad Thursday to protest Gov. Dannel P. Malloy’s proposal…
Alexion: The News is Very Good But Not Completely Good
By, Mitchell Young NEW HAVEN: When a company reports organic revenue growth of 18.6% year over year, hats typically get tipped to the company, all…
Inbox: Med Billing Start-Up, Raises $1.5 Million
Inbox Health a Connecticut start up says they can help health care providers, from very small practices to large health care systems better control…
Hospitals Blast Malloy’s Proposal To Subject Them To Property Taxes
By: Arielle Levin Becker, ctmirror.com Hartford HealthCare CEO Elliot Joseph: "this will raise the cost of health care for all our state’s residents…
Hospitals Worry Medicaid, Obamacare Changes Could Bring Pain
By, Arielle Levin Becker [This is a significantly edited version, the complete article can be found at ctmirror.com] With the potential for major…
Technology
Facebook Building Out New England Operations
Cambridge, Mass. Facebook which was started in Cambridge by Mark Zuckerberg a then student at Harvard has had only a minor prescence in New England’s…
Connecticut's Top Forty Fastest Growing Tech Cos Announced
HARTFORD: The Connecticut Technology Council (CTC) and Marcum LLP today announced the 2017 Marcum Tech Top 40, an annual recognition of the fastest…
Long Island Giving an Energy Boost to Connecticut Fuel Cell Company
By MItchell Young DANBURY: Fuel Cell Energy [Nasdaq: FCEL] may finally be lifting its head off mat as its receives one of the largest fuel cell…
West Hartford Med Tech Company Raises $1.9 Million
WEST HARTFORD: ReadyDock develops tablet docking stations for tablet PCs used in the medical and laboratory, food, clean facilities, and education…
Crowdfunding & Cause-Related Marketing Seminar In Fairfield
Thursday, June 22, 2017 from 7:00 PM to 8:30 PM EDT Fairfield Library 1080 Old Post Rd. Fairfield Crowdfunding & Cause-Related Marketing "The New…
Fuel Cell Picks Up Some Financial Energy
Danbury: FuelCell Energy Inc. [Nasdaq: FCEL] stock went on a world wind trip this week losing 10% of it value on a single day May 2. The stock closed…
Milford Fisheries Lab Invents “Man Overboard” Rescue Device
Milford: Northeast Fisheries Science Center's Milford Laboratory has developed a “Man Overboard” rescue Device. The device is the invention of Robert…
CT Tech By The Numbers
Fifty State Tech Reports Present Connecticut Data CONNTACT.com Compiled Comparisons With Our State Neighbors Below The state of Connecticut and many…
CONNECTICUT INNOVATORS: Stitching Together A Next Generation Product
A Global Healthcare Giant Engineers and Builds New In Connecticut By Mitchell Young NORTH HAVEN: Leon Hirsch was hoping to get his entrepreneurial…
Tech Council Selects Top Women Innovators From 50 Leaders
AWARD RELEASE HARTFORD: Fifty women from across Connecticut were honored for their innovation and leadership during the thirteenth annual Connecticut…
Real Estate & Construction
Shelton Engineering Firm Acquired By Global company
SHELTON: Leggette, Brashears and Graham, Inc. [LBG], an environmental engineering services firm headquartered in town and with 17 regional offices…
Suffield Economic Development Commission To Host Annual Familiarization…
By Patrick McMahon Suffield: Every community has assets to market from an economic development perspective, and Suffield is no different. We have…
Shelton Industrial Campus Sells for $26.25 Million
SHELTON: 710 Bridgeport Avenue LLC, controlled by RNY Property Trust, was sold for $26.25 million, to Sun Equity Partners, LLC. , Jeffrey Dunne and…
Stamford Office Tower Sells Just Shy of $100 Million
STAMFORD: Stamford Towers two adjacent class A office building have sold for $97 million. The buildings were last sold in1998 for $61.3 million to…
CT Single-Family Sales Rise By Double Digits In July, Condo Prices Drop
HARTFORD: Single-family home sales in Connecticut jumped 12.7 percent in July compared to July of 2016, according to the latest report from The…
New Haven Biotech Explodes in Value and Chooses Downtown for Headquarters
By Mitchell Young NEW HAVEN: A newly public Bio-tech holding company Biohaven [ NYSE: BHVN] has chosen a high profile former bank building in the…
Realtor Adds 746 Chapel Street to Property Management Business
WOODBRIDGE: Levey Miller Maretz announced they have expanded its property management business, ading 746 Chapel Street,a mixed use ofice and retail…
New Haven Rents Soften Up A Bit, High But Cheaper than San Fran - Duh
NEW HAVEN: According to the monthly reports by Apartmentlist.com, rents in New Haven have declined 0.8% over the past month, while still being up…
Home Sales Volume Continues To Increase, Condos Still Strongest
BOSTON: The Warren Group, publisher of The Commercial Record. Reports that single-family home sales in Connecticut jumped 8.7 percent in June…
Colliers Reports Two Leases in Greater Hartford
NEW BRITAIN, HARTFORD: Colliers International signed two meaty leases in the past month. Stone Valley Granite & Marble held their ribbon cutting in…
Government
CT: Tax and Fees On The Near Horizon, $600-$800 Billion
Budget Debate: It’s Not How Much, But What Kind Of Revenue To Raise By, Keith M. Phaneuf ctmirror.com HARTFORD: For months Gov. Dannel P. Malloy has…
Sales Tax Hike Seems An ‘Inevitability,’ But Questions Remain
By, Keith M. Phaneuf and Mark Pazniokas ctmirror.com Connecticut’s top state senator said Wednesday he believes moderate Democrats are “growing…
Town Economic Developer Shares Vision and Cites "Wins"
Tim Ryan Economic Development Specialist, Wallingford EDC. By Tim Ryan Economic Development Specialist, Wallingford EDC. WALLINGFORD: Let’s be real.…
Cities Part Ways With Dems On New Sales Taxes
Connecticut Conference of Municipalities Executive Director Joe DeLong [Photo: KEITH M. PHANEUF] By Keith M. Phaneuf Ctmirror.org NEW HAVEN: One of…
State Employees Ratify Concessions By Wide Margin
Union representatives at a press conference announcing the ratification of a concessions agreement with the state. Photo: Mark Pazniokas ctmirror.org…
Higher Sales Tax On Dems Picnic Table
House Speaker Joe Aresimowicz, left, and House Majority Leader Matt Ritter keeping sales tax increase on the table. Sales Tax Hike Remains In Play As…
Getting it Wrong On Alexion. We Have Met The Enemy, And It Is You
By Mitchell Young Former Democratic Governor Ella Grasso famously made a home cooked meal for Miles Laboratories, [Bayer Pharmaceuticals] executives…
With Trump's Legal Pick Lieberman Is Likely Off FBI Job List
By Ana Radelat ctmirror.com Trump Picks Lieberman Associate Kasowitz As Personal Lawyer In Russia Probe Washington – President Donald Trump’s…
Business New Haven December/January '16 '17
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