Highlights
A collection of news and information related to Fairfield (Fairfield, Connecticut) published by Tribune Company sources.
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FACE-OFF
The Generals are in retreat. Once the bluest of the blue chips, these iconic U.S. companies - the longest-serving members in the Dow Jones industrial average - have been humbled by a slowing economy, the credit crisis and consumers' changing tastes...Tags: General Motors Corp., Stock Market, Stock Activities, Automotive Equipment, General Electric Company
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22% earnings decline right on target for GE
General Electric Co. spared investors nasty surprises as it reported a 22 percent drop in third-quarter earnings Friday, meeting its own lowered forecast. GE, which makes everything from jet engines to water treatment systems and owns NBC Universal,...Tags: Water Supply, NBC, General Electric Company, Earnings Forecasts
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Rick Green: We Need Immigrants
We need immigrants, but the latest numbers suggest that increasingly they might not want to be in Connecticut. For our state to flourish — where we have good schools and people who pay taxes and businesses that actually make things — we need,...Tags: Rick Green, Migration, Fairfield County, National Government, New Haven (New Haven, Connecticut)
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Rell's Cuts Only Alternative To Ruinous Tax Increases
As our nation faces an unprecedented financial crisis that threatens to wipe out jobs, investments, businesses and retirement savings, Connecticut confronts its greatest budget deficit in recent history. Both the nonpartisan Office of Fiscal Analysis...Tags: Family, Budgets and Budgeting, State Budgets, Financial Markets, John McKinney
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Buffett's company to buy $3B of GE preferred stock; GE to sell $12B more shares to public
AP Business WriterOMAHA, Neb. (AP) _ Warren Buffett's Berkshire Hathaway Inc. is investing $3 billion in General Electric Co., a huge vote of confidence for an iconic American company battered by the financial crisis. For the second time in just over a week, Berkshire...Tags: New York, Investments, Hartford (Hartford, Connecticut), NBC, Lehman Brothers Holdings Incorporated
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Buffett's company plans to invest $3 billion in GE
Bloomberg NewsGeneral Electric Co. got a $3 billion investment from Warren Buffett and said it will sell $12 billion in common stock, gathering more cash to fund operations amid the worst U.S. financial crisis since the Great Depression. Buffett's Berkshire Hathaway...Tags: Financial Markets, Connecticut, Berkshire Hathaway Incorporated, Ratings, The Goldman Sachs Group Incorporated
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Warren Buffett's Berkshire Hathaway invests $3 billion in General Electric
From Chicago Tribune news servicesWarren Buffett's Berkshire Hathaway Inc. is investing $3 billion in General Electric Co., a sizable vote of confidence for a giant U.S. company battered by the credit crisis. It's the second time in as many weeks that Berkshire Hathaway has moved to...Tags: Warren Buffett, Citigroup Incorporated, Wachovia Corp., Lehman Brothers Holdings Incorporated, Berkshire Hathaway Incorporated
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Berkshire Hathaway will put $3 billion into GE
Associated PressWarren Buffett's Berkshire Hathaway Inc. is investing $3 billion in General Electric Co., a huge vote of confidence for an American company battered by the credit crisis. For the second time in just over a week, Berkshire Hathaway has moved to shore up a...Tags: Consumer Confidence, NBC, Lehman Brothers Holdings Incorporated, Berkshire Hathaway Incorporated, Deutsche Bank AG
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General Electric lowers profit forecast, plans to boost reserves on financial market woes
AP Business WriterHARTFORD, Conn. (AP) _ General Electric Co., whose shares have been battered by anxiety over the health of its big loan and lease business, lowered its earnings forecast on Thursday, saying the unit's profits were falling and that it was taking action...Tags: Financial Markets, NBC, Securities, Lehman Brothers Holdings Incorporated, Financial and Business Services
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GE cuts profit forecast for year as loan and leasing business is hurt by market turmoil
AP Business WriterHARTFORD, Conn. (AP) _ General Electric Co., the industrial powerhouse that makes everything from jet engines to light bulbs, cut its earnings forecast for the year on Thursday, blaming volatile financial markets that have damaged the profitability of its...Tags: New York, Texas, Financial Markets, NBC, Jack Welch
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Wall St. turmoil strains NYC-area economy
Associated Press WriterAs the equivalent of a financial hurricane swept through Wall Street on Monday, the metropolitan area braced for a path of destruction that was predicted to include thousands of jobs wiped out, further plummeting tax revenues and more trouble in real...Tags: New York, State Budgets, Hartford (Hartford, Connecticut), National Government, Lehman Brothers Holdings Incorporated
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Vital Signs to be acquired for $860 million
General Electric Co., the world's biggest maker of medical-imaging equipment, agreed to buy Vital Signs Inc. for about $860 million to add anesthesia masks, temperature probes and products that treat sleep apnea. Vital Signs shareholders will get $74....Tags: General Electric Company
Oct 12, 2008
|Story| Newsday
Oct 11, 2008
|Story| Chicago Tribune
Oct 7, 2008
|Column| Hartford Courant
Oct 5, 2008
|Story| Hartford Courant
Oct 1, 2008
|Story| Associated Press
Oct 2, 2008
|Story| South Florida Sun-Sentinel
Oct 2, 2008
|Story| Chicago Tribune
Oct 2, 2008
|Story| Baltimore Sun
Sep 25, 2008
|Story| Associated Press
Sep 25, 2008
|Story| Associated Press
Sep 15, 2008
|Story| Associated Press
Jul 25, 2008
|Story| Chicago Tribune
