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Banking & Finance

Horizon's 1Q net dips

Gregory Seay |

Farmington specialty financier Horizon Technology Finance Corp. posted lower net investment income in the first quarter.

Conning: CT’s credit quality flat at 46th

Matt Pilon |

Not much has changed about the way Hartford-based investment manager Conning perceives Connecticut's credit quality.

Berkshire Bank's 1Q net soars

Gregory Seay |

Boston community lender Berkshire Hills Bancorp, with branches in Connecticut, relied on expanded commerce and lower federal income taxes to post a 63 percent gain in first-quarter net.

Berkshire Bank's Simsbury branch bows

Gregory Seay |

Massachusetts lender Berkshire Bank has opened a Simsbury branch, its eighth in Connecticut.

Former Webster Bank CEO Jim Smith eyes GOP gubernatorial run

Greg Bordonaro |

Jim Smith, the former Webster Bank CEO who recently co-chaired a state-sanctioned commission that proposed vast changes to Connecticut's tax and economic policies, is eyeing a run for governor.

Report: PE firm offers CT $2B to sell its public assets

Matt Pilon |

A Chicago private equity firm has offered as much as $2 billion to purchase various state and Hartford-owned properties and lease them back to the government, Bloomberg reported Thursday.

Buy high and keep buying? Analysts bullish on already hot stocks


Wall Street analysts are as bullish as ever on America's top companies -- despite (or maybe because of) the recent market turmoil.Of the more than...

Greenwich specialty financier acquires Oregon healthcare lender

John Stearns |

Greenwich-based specialty finance company CNH Finance LP has expanded its national commercial healthcare lending business by acquiring Triumph Healthcare Finance.

CT economist: No recession lurking

Gregory Seay |

The prospect for Connecticut's and the U.S. economies lapsing into recession anytime soon are remote, but new trade tariffs, a jittery stock market, plus this state's stubborn job recovery and...

Fitch scores Connecticut debt ‘A+’


Fitch Ratings has given “A+” ratings to a pair of bond issuances the state of Connecticut plans to sell to investors later this month.

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