Updated February 27 at 4:27pm
Investing
367 results total, viewing 41 - 50
Abigail P. Johnson, president and CEO of FMR LLC, the parent company of Fidelity Investments, and Gov. Gina M. Raimondo will be featured speakers at the Greater Providence Chamber of Commerce’s 2016 Economic Outlook Luncheon on June 2 at the R.I. Convention Center. more
HSA Bank, a subsidiary of Webster Bank NA, published a white paper report on the U.S. Department of Labor’s new regulatory fiduciary standards issued in April. more
Melissa Trapp is senior vice president and investment manager for Bank Rhode Island. With more than two decades of experience in the financial services industry, Trapp is responsible for investment services at the bank. more
The new year is bringing news of retail store closings. more
Following a banner third quarter, Washington Trust Bancorp Inc., parent of The Washington Trust Co., is looking to augment its commercial loan portfolio. "The [commercial loan] pipeline has been over $200 million for the last … more
(Updated, 5:22 p.m.) SoftBank Group Corp. is buying alternative-asset manager Fortress Investment Group LLC – the manager of Providence Journal parent company New Media Investment Group – for $3.3 billion in cash to operate alongside the Japanese company’s soon-to-be-established technology investment fund. more
(Updated 11:51 a.m.) Faced with high fees and poor performance, Rhode Island’s general treasurer plans to reduce the state’s investment in hedge funds, walking back a strategy implemented during the Great Recession. more
(Updated 1:46 p.m.) U.S. stocks edged lower, with the Dow Jones industrial Average failing to make progress toward 20,000, as oil erased gains and a rally in the dollar faltered in light trading ahead of the holidays. more
Providence Equity Partners is exploring a sale of the Professional Association of Diving Instructors that could value the company at about $1 billion, people familiar with the matter said. more
The Slater Technology Fund on Monday announced it is committing another $250,000 to the biomedical company ProThera Biologics, bringing Slater’s total investment in the company to $950,000. more
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