Real Estate & Construction

CBT posts 4Q, annual losses

Connecticut Bank and Trust Co. saw its losses narrow in the fourth quarter but not enough...

Moody’s downgrades The Hartford; shares tumble 25 percent

Moody's Investors Service lowered its credit ratings on Hartford Financial Services Group Inc. and its subsidiaries...

A focused eye on loan prospects

How is the bank doing in terms of its small business loans?  Has there been reluctance on...

Buffett sinks $2.9B into Swiss Re

Swiss Reinsurance Co. said today it will get a capital injection of  $2.6 billion from U.S. investor...
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Watchdog: U.S. Treasury overpaid for bank stocks

The federal government overpaid for stocks and other assets in attempting to help U.S. financial institutions last...

Hartford insurer sues to limit salmonella claims

Hartford Casualty Insurance Co. is suing a Virginia peanut processor to determine whether it must pay claims...

UTC reiterates 2009 profit outlook

United Technologies Corp.'s chief financial officer reiterated the industrial conglomerate's 2009 profit forecast today, even voicing optimism...

Former Countrywide clients to get reimbursement

Connecticut officials say the new owners of Countrywide Financial Corp. have agreed to pay the state $350,000...
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Commercial paper makes record weekly plunge

Commercial paper posted its biggest weekly plunge ever, as banks, including ones with large presences in Connecticut,...

Madoff threatens CT manager’s luxe life

Greenwich fund manager Walter Noel Jr. and his wife Monica had it all: Luxurious houses on Connecticut's...
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