Home Authors Posts by Alexander Soule

Alexander Soule

Bio: Former Fairfield County Bureau Chief Fairfield County Business Journal

State of the County offered little for business

In his State of the County address in late March, Westchester County Executive Andrew Spano said one of his grandfather’s favorite expressions was, ‘Watch the hands; don’t listen to the mouth.’”

ExxonMobil sells Newburgh petro tank

A Massachusetts energy firm is acquiring an oil terminal in Newburgh from ExxonMobil Oil Corp., along with facilities in Albany and Burlington, Vt.

RCC to hold annual job fair

Rockland Community College is hosting a free job fair April 10 from 11 a.m. to 3 p.m.

Telecom shakes off losses, dials up big turnaround

Citizens Communications has negotiated a settlement with AT&T by which it will be paid $38 million for a past billing dispute.

Towers Perrin acquires 2nd survey firm in ’07

Towers Perrin has acquired ISR, a Chicago firm that surveys employees on how they view their work settings, and which itself has more than 200 employees in 10 locations.

Westport software maker gets $1M infusion

Standing Stone Inc. has received $1 million in new funding, as the Westport company develops software to improve the management of clinics that treat patients with chronic conditions.

A taxing question …

As business owners sweat out their tax papers over the next few weeks, they can take solace in a new study that shows Connecticut has the lowest corporate tax burden in the nation.

Stock options push exec compensation up one-third

In the fall of 2006, Crane Co. investors slowed the Stamford company’s stock after a tepid third-quarter earnings report, with shares closing the year up 6 percent after a 24 percent appreciation in 2005.

Finding funding

With commercial loan demand slackening, companies increasingly are saying “put it on plastic” at the vendor checkout line.

Thinking small

Provident Bank made 626 loans to small businesses totaling $75 million in 2004, making it the most aggressive lender to such companies among locally based banks.

Foreigners making mark in valley’s labor market

With the deadline for 2008 H-1B visa applications just a week away, U.S. Department of Labor statistics show that 200 organizations in Dutchess, Orange, Putnam, Rockland and Ulster counties hired a total 900 foreign workers last year under the program.

Annual-meeting season under way in the valley

Wyeth Pharmaceuticals Inc., one of the largest employers in the lower Hudson Valley, will battle shareholder activists on eight proposals at this year’s annual meeting, according to its proxy filed last week.

Adding up

Hudson Valley Bank led all Westchester County-based banks in small-business lending in 2004, a new report shows, with the Yonkers institution issuing 385 loans worth $98 million that year.

Businesses say foreigners needed meet labor demand

Even as he files applications to recruit a dozen foreigners to work in Irvington for his product-globalization company Acclaro Inc., Michael Kritz is preparing to open offices in France, Germany and Argentina in the expectation that federal rules will prohibit him from bringing the talent here.

Rell nominates Eveleigh to Supreme Court

Superior Court Judge Dennis Eveleigh was nominated for the Connecticut Supreme Court.