Updated December 2 at 6:26pm
Investing
315 results total, viewing 11 - 20
New Media Investment Group Inc. reported a drop in net income, an increase in revenue, and plans to acquire a North Carolina publishing company in its earnings report released Thursday. more
Two basic questions with big consequences for workers and employers: "Do I have the right investment mix for my retirement goals? Which investment options should I include in the retirement plan I'd like to offer my employees?" But how many … more
In 1920, a group of telephone-company workers, seeking to aid their colleagues by providing local banking services, founded the Telephone Workers Credit Union in Providence. Through mergers and expansions, Coastway Community Bank, as you know it … more
Rhode Island's appeal to the high-end homebuyer is not difficult to understand – the Ocean State's 400 miles of seacoast take care of the "location, location, location" mantra in a most effective way. And the top residential sales of 2015 reflect … more
Rhode Island had three deals totaling $500,000 for venture capital-backed companies in the third quarter, according to CB Insights and KPMG International’s latest “Venture Pulse” report released Thursday. more
Despite the gloomy headlines as of late, the stock market should be embraced. Stocks are one of the best investments available, but sadly few take advantage of the return offered. While tempting to shun stocks because of the recent chaos in the … more
Most investors have been caught by surprise by the volatile start to 2016. The strong performance of a few stocks over the last 12 months has masked overall weakness that has persisted in the stock markets. The larger S&P 1500 and the S&P 600 Small … more
The R.I. State Retirement Commission last month decided to cut its roughly $1 billion investment into hedge funds in half, saying the asset has underperformed and cost the state too much in fees over the last five years. The precarious … more
The British vote to exit – or Brexit – the European Union last month roiled public pension systems, as uncertainty in the international marketplace sent investors scurrying for less-volatile asset classes. Seth Magaziner, Rhode Island’s general treasurer, oversees the state’s $7.5 billion public pension system. He talks with Providence Business News about Brexit, pension performance through the fiscal year that ended June 30 and the effectiveness of its current asset allocation and assumed rate of return. more
Sean McGarry is vice president and retirement plan service manager at Rockland Trust. He talks with Providence Business News about the recent U.S. Department of Labor ruling on the “conflict of interest” regulation, which is designed to protect investors from hidden fees in retirement-investment advice. McGarry breaks down the regulation and how it could affect clients and financial advisers.v more
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