Investing
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Regular, informal events help keep firm connected
Providing project management and systems consulting is busy work, full of deadlines and unforeseen circumstances. For Turino Group of Providence, which has been serving private businesses and government corporations since 1996, it often means co-workers on different sites – especially during the summertime – and not crossing paths much. more
More investors turning to indexed annuities
Gains in indexed annuities are making some financial planners take notice, with first-quarter sales jumping 14 percent compared to last year. Overall, annuity sales are currently slumping, but indexed annuities are turning into a hot commodity. more
Local bank success stories a good sign
One of the first victims of the financial crisis that brought on the Great Recession was the region’s small businesses, which suddenly found their access to capital severely constrained when large banks were forced to readjust their risk profiles. more
6/25/12
38 Studios fallout needs to be countered
Compiling the list of those hurt by the implosion of 38 Studios LLC is easy. more
6/25/12
Nortek joins Russell indices
Nortek Inc., HVAC and ventilation maker, has joined the Russell 3000 and Russell 2000 indices, the company announced Monday. more
| 6/25/12
HDS International lands financing
Renewable energy company HDS International Corp. has entered into a convertible drawdown facility providing funds and credit, the company announced Tuesday. more
| 7/5/12
Rockland parent posts 2Q profit decline
Independent Bank Corp., parent of Rockland Trust Co., posted net income of $8.9 million, or 41 cents per diluted share, for the second quarter, a decline of 20.2 percent when compared with the year-earlier period. more
Starkweather acquires Sturbridge, Mass., firm
Starkweather & Shepley Insurance Brokerage Inc., the state’s largest independent insurance agency, announced today that it has acquired Insurance Professionals of New England, a Massachusetts-based agency. more
BofA’s debt cuts leave 3-year capital cushion
Bank of America Corp.’s record $53 billion reduction of of long-term debt in the second quarter will help the lender go three years without needing to tap the bond market, the biggest cushion in its history. more
Oppenheimer, RBS Citizens reach deal
Oppenheimer Holdings Inc., the investment bank run by Albert “Bud” Lowenthal, reached a client-referral agreement with RBS Citizens Financial Group Inc. to share middle-market clients for some services. more
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