Updated August 24 at 7:26pm
Investing
332 results total, viewing 91 - 100
Genesee & Wyoming Inc. said Monday that it has agreed to acquire Providence and Worcester Railroad Co. for approximately $126 million, or $25 per share. more
The Employees’ Retirement System of Rhode Island is pursuing leadership roles in two class action lawsuits against BP and Plains All American for oil spills that affected investors and the environment, General Treasurer Seth Magaziner said Thursday. more
CVS Health Corp. has completed the acquisition of Target’s pharmacy and clinic businesses for approximately $1.9 billion, the companies said Wednesday. more
David A. Fontaine is a partner of tax and business services at the Providence offices of Marcum LLP, an international accounting and advisory firm. Fontaine has been closely monitoring the tax changes made in the recently approved fiscal 2017 state budget and talks with Providence Business News about how those changes will affect businesses in Rhode Island. more
KVH Industries Inc. widened its first-quarter loss to $2.8 million, or 18 cents per diluted share, compared with the loss it reported in first quarter 2015 of $1.4 million, or 9 cents per share. more
New Media Investment Group Inc. reported $5 million in profit, or 11 cents per diluted share, in the first quarter, reversing a loss a year ago of $6 million, or 14 cents per diluted share. more
U.S. stocks rose, with gains in banks and drugmakers helping to turn the Standard & Poor’s 500 Index positive for the year as the gauge headed for its longest weekly winning streak since November. more
Nortek Inc. reported lower revenue and a loss for the third quarter that ended Sept. 26, blaming market rumors due to an unsolicited proposal to acquire the company for dragging down business. more
U.S. stock-index futures were little changed, while investors weighed prospects of further gains with equities at record levels and corporate earnings projected to decline for a fifth quarter. more
Sears Holdings Corp., the struggling retailer run by hedge fund investor Eddie Lampert, will shut almost 80 stores as part of a push to make the company profitable again. more
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