Capital Goods
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Gas prices dropped another 2 cents in Rhode Island this week while Massachusetts prices were unchanged, according to the weekly survey by AAA Southern New England. more
General Dynamics Corp., the Pentagon’s No. 3 contractor, raised its full-year profit forecast while second-quarter sales declined in a slumping defense market. more
A marine trades and manufacturing job-training program funded with federal, state and Rhode Island Foundation money has trained 100 people to date, 90 percent of whom have found jobs. more
Alex and Ani LLC’s lawsuit in U.S. District Court alleging that eight defendants conspired to secure discounted Alex and Ani jewelry on behalf of retail distributors, and then later fraudulently resold the jewelry to BJ’s Wholesale Club Inc., has been allowed to proceed. more
As concerns about the impact of unrest in Iraq on the country’s oil production have abated, gas prices dropped another 4 cents this week in Rhode Island and fell 5 cents in Massachusetts, according to the weekly survey by AAA Southern New England. more
Tiffany & Co. CEO Michael Kowalski will step down in 2015 after more than 15 years running the luxury jeweler, passing the reins to President Frederic Cumenal. more
Hasbro Inc., the third-largest toymaker in the world, reported second-quarter earnings of $32.8 million, or 26 cents per diluted share, a 10 percent decline compared with the $36.5 million, or 28 cents per diluted share, reported during the same period last year. more
Sensata Technologies Holding N.V. reported second-quarter net income of $63.9 million, or 37 cents per diluted share, more than three times the $20.4 million, or 11 cents per diluted share, reported for the same period last year. more
Gas prices in Rhode Island and Massachusetts dropped another 4 cents this week, according to the weekly survey by AAA Southern New England. more
Gas prices fell in Rhode Island and Massachusetts for the fourth consecutive week even as they remained higher than the national average Monday, according to the weekly survey by AAA Southern New England. more
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