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Home Banking & Finance

Business briefs

Westfair Online by Westfair Online
November 18, 2010
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Pediatric Urology specializes in helping children
Pediatric Urology Associates has expanded its practice radius to Fairfield County.
Pediatric Urology Associates signed a lease to occupy more than 2,200 square feet at 1290 Summer St. in downtown Stamford. The company”™s medical services are specialized to children with urological disorders. The Summer Street office is the fourth full-service location for the multi-state practice and the first in Fairfield County. Pediatric Urology Associates has also established satellite offices in Norwalk and Greenwich.
Pediatric Urology Associates was founded in 1983 and has other full-service and satellite practices in New Jersey, Long Island, upstate New York, as well as two in Westchester County in Tarrytown and Yorktown, N.Y. The practice employs 11 physicians, three of whom will staff the Connecticut locations, and five nurse practitioners.
Kim Mayhew, CEO of Pediatric Urology Associates said the expansion into Connecticut is allowing the medical group to increase the programs available to its patients.

MXenergy gets a channel

Stamford-headquartered MXenergy has partnered with service provider Cablevision to offer a dedicated “green channel.”
MXenergy is a supplier of natural gas and electricity to residential and commercial customers in deregulated energy markets in the U.S. and Canada. The partnership was made with New York-based Cablevision”™s Advanced Platforms unit and launched ”˜MXenergyTV”™ a television channel for iO TV customers with a digital set-top box.  The channel seeks to provide New York metro area consumers with information they can use to conserve energy and money.

SummerHaven digs into copper
SummerHaven Index Management in Stamford has launched a copper index designed for commodity investors.
SummerHaven partner and index researcher, Adam Dunsby, said The SummerHaven Copper Index seeks to minimize contango (used in the futures market to describe an upward sloping forward curve) and maximize backwardation through selection of copper futures contracts each month.  The index selects high-grade copper futures contracts with maturities of 18 months or less and maintains positions in liquid portions of the copper futures curve.  
Dunsby said the company”™s new index is calculated and published by Bloomberg.

GE delivers an albatross
The commercial aircraft leasing and financing arm of Fairfield-based General Electric Co., recently delivered a new Boeing 737-86N aircraft to Shanghai Airlines Co.
The delivery comes from GE Capital Aviation Services’ existing order book with Boeing. Earlier this year, China Eastern Airlines and Shanghai Airlines announced plans to merge, with plans for Shanghai to operate as a wholly-owned subsidiary. GE Capital Aviation Services leases a combined total of 31 aircraft to the airlines.
Based in the U.S. and Ireland, GE Capital Aviation Services, has a fleet of more than 1,800 owned and managed aircraft with about 245 airlines in more than 75 countries.

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