Updated August 30 at 8:28pm
Investing
315 results total, viewing 181 - 190
When it comes to the most millionaires per capita, the Ocean State ranks 19th among the states and Washington, D.C., according to the Phoenix Global Wealth Monitor U.S. Sizing Report. more
The rout that swept through asset classes, taking oil below $30 a barrel and European and Asian stocks into bear markets, is pushing up gauges of investor stress around the world. more
European shares fell for a third day, led by losses in banks as investors shrugged off gains for energy companies and makers of household goods. The yen weakened as China stepped up efforts to curb foreign speculation against its currency, and crude oil fell after touching a 12-year low. more
(Updated 1:24 p.m.) Stocks tumbled around the world, with U.S. equities headed for their lowest levels in 15 months, and bonds and gold jumped as oil’s plunge below $30 sent markets reeling. Treasuries extended gains as economic data and earnings added to concern that global growth is faltering. more
As the fourth-quarter earnings season kicks off this week, results for S&P 500 companies are expected to show a decline in profits for a third quarter in a row, confirming that corporate America has slipped into an earnings recession. more
The best-performing U.S. stocks right now are ones that usually do well when the economy isn’t, makers of everything from household cleaning products to food. It’s yet another black cloud for investors fretting over a growth slowdown. more
The Beacon Mutual Insurance Co. on Tuesday announced it would issue a 2 percent dividend payment to its more than 12,000 policyholders, marking the sixth consecutive year of dividends. more
Something to watch for this earnings season: The number of companies that eschew the use of generally accepted accounting principles, commonly called GAAP. more
Michael D. Ice is a professor of finance at the University of Rhode Island. Ice talks with Providence Business News about how he’s sharing his wealth of knowledge with undergraduates, using the equity markets to make the classroom more practical. more
Middle-market private equity firm Nautic Partners LLC said it has completed fundraising for its eighth fund, closing on $900 million after raising its cap due to strong demand from new and existing investors. more
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