Earnings

HOLTVILLE — In an effort to give back to the community that has shown them so much support, a group of Holtville Future Farmers of America members decided to donate a portion of their earnings from the California Mid-Winter Fair & Fiesta to local...

A specialty property-casualty insurer is moving its headquarters to Stamford from Rye Brook, N.Y., and adding 200 jobs in exchange for up to $11.5 million in state assistance, Gov. Dannel P. Malloy announced Friday. The Navigators Group, Inc. is taking...

Pay packages for the two top executives of Waterbury-based Webster Financial Corp. jumped in 2012, according to a shareholder proxy, a year in which annual profits rose by more than 15 percent compared with 2011. Chairman and Chief Executive Officer...

Despite recent cruise ship mishaps, Carnival Corp.'s first-quarter earnings were up $37 million, or 5 cents per share, but the cruise ship company cut its annual earnings forecast for the rest of the year. Beset by Europe's economic problems and...

DEARBORN, Michigan (AP) — Ford Motor Co. CEO Alan Mulally's compensation fell 29 percent to $20.95 million in 2012 as the company's board weighed record North American profits and quality improvements against heavy losses in Europe and lower...

Economist John Kenneth Galbraith once observed that there are two kinds of market forecasters, those who don't know and those who don't know they don't know. That is well illustrated by the current disconnect between Wall Street and Main Street, as the...

NEW YORK (AP) — The stock market is back. Five and a half years after the start of a frightening drop that erased $11 trillion from stock portfolios and made investors despair of ever getting their money back, the Dow Jones industrial average...

The parent of Farmington Bank reported profits for both the fourth quarter and all of last year, as the bank added branches and won market share away from competitors. First Connecticut Bancorp Inc. said net income in the quarter ended Dec. 31 was $3.4...

CHICAGO -- Deere & Co., the largest agricultural equipment maker, raised its full-year profit forecast and posted quarterly earnings that topped analysts' estimates after record prices for corn and soybeans boosted farmers' incomes. Net profit was $1.65...

Brick-and-mortar is not enough for Macy’s Inc. and Saks Inc. It’s all about the so-called omni-channel shopping experience for both the department store chain and the luxury retailer. The tactic tries to lure consumers by offering buying...

How would you like to inexpensively start your own business that could, just maybe, lead to bigger money than you're making now? You could work for yourself and work from the comfort of your home. That's the allure of multilevel marketing, also called...

The parent of Savings Institute Bank and Trust Co. reported a modest dip in earnings in the quarter ended Dec. 31, as income from fees and lending slipped. SI Financial Group, Inc. Thursday reported net income of $745,000, or 8 cents a diluted share,...