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Nortek stays in the black in 3Q
Nortek Inc. reported net income of $4.7 million, or 30 cents per diluted share, during the third quarter of 2012, compared with a net loss of $2.1 million, or 14 cents per diluted share a year earlier, the company announced late Thursday. more
| 11/9/12
Coast to Coast Fulfillment expands in R.I.
Coast to Coast Fulfillment Inc., a leading product fulfillment house in the Northeast, will double the size of its warehousing and order-processing center in West Greenwich. more
| 11/7/12
Washington Trust finances Quonset dredging
The Washington Trust Co. has provided $7.5 million in both short term and permanent financing to the Quonset Development Corp., for a dredging project to increase the channel depth and expand shipping capabilities at the Port of Davisville in Quonset Business Park more
Gas prices continue to slide in R.I., Mass.
Gas prices in Rhode Island dropped another 4 cents this week, marking the fourth consecutive week of declines, according to AAA Southern New England. more
| 11/5/12
ISM index of U.S. manufacturing increased to 51.7 in October
Manufacturing in the U.S. expanded in October at a faster pace than projected as orders and production picked up, showing the industry is stabilizing. more
KVH profits surge in 3Q
KVH Industries Inc.’s profit surged 190 percent during the third quarter of 2012, rising to $1.7 million, or 12 cents per diluted share, from the $600,000, or 4 cents per diluted share, reported during the same period in 2011. more
| 10/31/12
Construction employment rises slightly in Providence metro
Construction employment rose in 125 out of 337 metro areas, including the Providence-Fall River-Warwick area, dropped in 160 out of 337 metro areas, including the New Bedford metro area, and stayed stagnant in 52 metro areas from September 2011 to September 2012, according to a report from the Associated General Contractors of America. more
| 10/31/12
Gasoline falls on speculation superstorm Sandy will cut demand
Gasoline fell on speculation that demand will decline on the East Coast as Atlantic superstorm Sandy causes widespread flooding and power outages. more
Textron taps Lord as president, CEO of Textron Systems
Textron Inc. has named Ellen Lord as president and CEO of its Wilmington, Mass.-based Textron Systems segment, the company announced Monday. more
| 10/29/12
Gas prices drop 11 cents in R.I.
Gas prices in Rhode Island dropped another 11 cents this week, after dropping 6 cents last week, according to AAA Southern New England. more
| 10/29/12
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