Updated February 28 at 12:29am
Investing
212 results total, viewing 1 - 10
Citing “narrow but improved” finances, Moody’s Investors Service last week upgraded Woonsocket’s credit rating. more
Summer Infant Inc. cut its loss in half in 2016, and saw revenue drop 5.6 percent. more
J.C. Penney Co. plans to shutter as many as 140 stores and trim thousands of jobs, becoming the latest department-store chain to make big moves in a world of lower mall traffic and fierce online competition. more
Energy technology company Aspen Aerogels reported declines in revenue and profit for the year and fourth quarter in its earnings report released on Thursday. more
U.S. stocks rose to records as retailer results topped estimates, while the dollar resumed its advance amid fresh signs global growth has started to accelerate. more
New Media Investment Group Inc. reported a 74.3 percent drop in profit in the fourth quarter and a 53.2 percent drop in profit in 2016. more
Verizon Communications Inc. will acquire Yahoo! Inc.’s Internet properties at a $350 million discount after revelations of security breaches at the web company. more
The Rhode Island Business Plan Competition, 2017 edition, is holding a free workshop for entrepreneurs looking for guidance in how to write their business plan. more
Kraft Heinz Co. made a $143 billion offer for Unilever, attempting the largest-ever takeover in the food or beverage industry to create a consumer-goods giant with household names from Dove soap to Heinz ketchup. 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
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