Updated December 7 at 6:27pm
Investing
318 results total, viewing 41 - 50
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
The Dow Jones Industrial Average sank more than 420 points as a selloff in Chinese equities spread around the world amid renewed concern that growth there is slowing at the same time that manufacturing in the U.S. decelerated. A flareup in tension between Saudi Arabia and Iran added to geopolitical unease. more
From Little League to bachelor parties to planning ahead for retirement, David Hobson and Michael Maciocio were friends for most of their lives. more
Nortek Inc. posted net income of $2.6 million in the first quarter of 2016, an improvement on the $13.9 million loss in the same 2015 period. At the same time, the air management, and residential and commercial technology manufacturer said Friday that net sales for the three months ended April 2 increased 7.2 percent to $613.9 million. more
United Natural Foods Inc. fell for a second straight day as investors worried about weakness at Whole Foods Market Inc., which accounts for more than 30 percent of the company’s sales. more
A Chinese drug manufacturer is investing $42 million in Nabsys, which recently completed a financial restructuring that allowed it to reopen in March after being out of business for nearly seven months. more
Rhode Island ranked 36th in the U.S. for venture capital investment of $2.1 million and 26th for five deals in the second quarter, according to The MoneyTree Report from PriceWaterhouseCoopers LLP and the National Venture Capital Association released Friday. more
Summer Infant Inc. reported $233,000 in profit, or 1 cent per diluted share, in the third quarter, reversing a loss of $1.8 million, or 10 cents per share, in the prior-year period, the baby and juvenile-product maker reported this week. more
U.S. stocks rose for the first time since Britain voted to leave the European Union, rebounding amid optimism that policymakers are committed to limit the fallout from the U.K.’s exit. more
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