Capital Goods
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(Updated, 12:13 p.m.) Tiffany & Co., the world’s second-largest luxury jewelry retailer, posted fourth-quarter profit that trailed analysts’ estimates and forecast profit for this year that also fell short as store and labor costs rose. more
The Providence-Fall River-Warwick metro area saw a 1 percent increase in construction employment from January 2013 to January 2014, according to The Associated General Contractors of America monthly jobs report released Thursday. more
Lego A/S, the toymaker featured in a film that’s led U.S. ticket sales for three weekends, said full- year revenue advanced 10 percent with growth in all major markets, outpacing competitors including Mattel Inc. more
Gasoline prices rose again in Rhode Island and Massachusetts this week, the third consecutive week of price increases, according to the weekly survey by AAA Southern New England. more
Fitch Ratings has affirmed the “BBB+” rating on approximately $217 million in outstanding airport system revenue bonds sold on behalf of the R.I. Airport Corporation. more
Electric Boat President Jeffrey S. Geiger painted a glowingly positive picture of the future expansion and employment at the shipbuilder’s North Kingstown facility, with 650 new jobs in 2014 planned to be added to the current workforce of about 2,800. more
The R.I. Division of Motor Vehicles will offer extended hours during January to accommodate an anticipated influx of commercial drivers required to complete a self-certification before Jan. 31, Gov. Lincoln D. Chafee announced Tuesday. more
Textron Inc., the manufacturer of Cessna aircraft, will boost its lineup of propeller-driven aircraft after reaching a deal to buy Beechcraft Corp. for $1.4 billion, as it seeks to counter a slump in business-jet sales. more
Gasoline prices continued to rise in Rhode Island and Massachusetts this week, marking the second consecutive week of higher prices in both states, according to the weekly survey by AAA Southern New England. more
Manufacturing unexpectedly accelerated in November at the fastest pace in more than two years, pointing to a pickup in business spending that will help propel the U.S. economy in early 2014. more
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