Briefly ...

Stamford-based Synchrony Financial earned $531 million in the fourth quarter, or 64 cents a share, with profits up 20 percent from a year earlier. Fairfield-based General Electric is spinning off Synchrony as an independent company, managing "private label" credit cards offered by retailers.



via Fairfield Newswire http://www.stamfordadvocate.com/business/article/Briefly-6036431.php