Updated May 30 at 3:30pm
Investing
202 results total, viewing 61 - 70
Textron Inc.’s profit rose in the fourth quarter and in 2015, while revenue slipped during the same periods, the company reported on Wednesday. more
It wouldn’t take much to look at the performance of markets these days and draw the conclusion that investors deem a U.S. recession as all but inevitable. A deeper dive finds a more benign scenario. more
Webster Financial Corp. finished 2015 reporting record net income for both the fourth quarter and the year with $52.6 million, or 55 cents per diluted share, and $206.3 million, or $2.15 per diluted share, respectively. more
Forbes has released its list of the richest person in each of the country’s 50 largest cities, and Providence Equity Partners’ Jonathan Nelson captured the No. 1 spot for Providence, with a net worth of $2 billion. more
Turmoil returned to financial markets as oil plunged past $27 a barrel, the Dow Jones Industrial Average sank 550 points and global equities approached a bear market that is fueling a rush into haven assets. more
Rhode Island has the sixth-highest smoking costs in the nation, according to a WalletHub study released Tuesday in light of Tobacco-Free Awareness Week. more
When it comes to the most millionaires per capita, the Ocean State ranks 19th among the states and Washington, D.C., according to the Phoenix Global Wealth Monitor U.S. Sizing Report. more
Tiffany & Co. cut its full-year profit forecast after reporting a drop in holiday sales, dragged down by sluggish tourist spending and a strong dollar. more
Bank of America Corp., the second-biggest U.S. lender, said profit rose 9.4 percent on gains in fixed-income trading revenue and declines in expenses. more
European shares fell for a third day, led by losses in banks as investors shrugged off gains for energy companies and makers of household goods. The yen weakened as China stepped up efforts to curb foreign speculation against its currency, and crude oil fell after touching a 12-year low. more
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