Investing
102 results total, viewing 91 - 100
The U.S. Securities and Exchange Commission voted unanimously to seek comment on a proposal to allow businesses to sell ownership stakes in their companies by soliciting investors over the Internet. more
Matlet Group LLC, a Pawtucket-based packaging, printing and marketing company, announced Wednesday that Preferred Packaging Partners LLC of Providence has made an $8.5 million equity investment in the company. more
In theory, an upswing in interest rates from their historic, post-recession lows should be a good thing for people saving for retirement. more
Even as it posted a record quarterly profit of $10 million for the third quarter, Washington Trust Bankcorp Inc., parent company of The Washington Trust Co., is confronting the sluggish economy and competitive market. The effort includes a long-term plan to revise company pensions and expanding business with nonprofits, particularly hospitals and other medical practices. more
Companies buying their own stock make up more of the U.S. equity market than ever before, underpinning share values even as the Federal Reserve prepares to reduce stimulus. more
Luring business away from larger banks, maintaining diversified earnings streams and expanding into mortgage markets outside Rhode Island led Washington Trust Bancorp Inc., parent of The Washington Trust Co., to post a record profit of $36.2 million for 2013, an increase of 3.1 percent compared with $35.1 million of net income for 2012. more
By this point the Slater Technology Fund was supposed to have largely broken free of the state funding that created it and, with $9 million in federal stimulus, started down a path to self-sufficiency. more
Up until the last five years, only a few cities in the world were home to their own for-profit startup accelerators and even fewer could offer evidence of whether the entrepreneurial boot camps would prove sustainable or lucrative. more
NEW YORK - RBS Citizens Financial Group Inc.’s capital plan was among five that failed Federal Reserve stress tests, while Goldman Sachs Group Inc. and Bank of America Corp. passed only after reducing their requests for buybacks and dividends. more
Providence doesn’t have a monopoly on former Bank of America office buildings. more
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