Capital Goods
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Sales of new U.S. homes advanced in March as near record-low mortgage rates helped the industry complete the strongest quarter since 2008, putting the economy on firmer footing. more
Rhode Island construction employment declined five percentage points between June 2012 and June 2013, according to an analysis of federal employment data released Tuesday by the Associated General Contractors of America. more
Costa Inc., formerly A.T. Cross Co., has reached a deal to be acquired by Essilor International SA, the world’s largest manufacturer of corrective lenses, the companies announced Friday. more
A.T. Cross Co. saw its bottom line fall 15.6 percent to $3.1 million, or 24 cents per diluted share, from the second quarter of 2012 to the second quarter of 2013, the personal- and business-accessories maker announced after the market closed on Wednesday. more
After rising 9 cents last week, Rhode Island gasoline prices jumped 12 cents more this week, AAA Southern New England reported Monday. more
Rhode Island demonstrated minimal improvement, and garnered mostly failing grades, in an annual Manufacturing and Logistics National Report from Ball State University’s Center for Business and Economic Research. more
Textron Inc. – parent of Bell Helicopter, Cessna Aircraft Co. and Textron Systems – posted net income of $113 million, or 40 cents per diluted share, during the second quarter of 2013, a 34.3 percent decrease from the $172 million, or 58 cents per diluted share, posted during the second quarter of 2012. more
Gasoline prices in the Ocean State fell 9 cents this week in the seventh consecutive week of price declines, AAA Southern New England reported Monday. more
White Plains, N.Y.-based Handy & Harman Ltd.’s subsidiary Lucas-Milhaupt Inc. has acquired the assets of Wolverine Joining Technologies, the companies announced Monday. more
A.T. Cross Co. saw its bottom line rise 6.6 percent to $1.6 million, or 13 cents per diluted share, from the first quarter of 2012 to the first quarter of 2013, the personal- and business-accessories maker announced after the market closed on Thursday. more
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