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KVH seals $24M acquisition of Headland Media
(Updated, 11:48 a.m.) KVH Industries Inc., a provider of guidance and Internet systems for the maritime and defense industries, has acquired Headland Media Ltd., a multinational commercial provider of news, entertainment and training content, KVH announced Monday. more
Realtor confidence in Mass. hits 5-year high
The Massachusetts Association of Realtors announced that the confidence of the state’s realtors started 2013 at a five-year high, reported the Boston Business Journal. more
| 2/21/13
Obama vows U.S. will find those responsible for bombings
President Barack Obama said the full resources of the federal government are being mobilized to investigate the deadly explosions today in Boston and he vowed those responsible will be brought to justice. more
R.I. ranks No. 37 on best states for businesses list
Rhode Island earned the No. 37 slot on Chief Executive Magazine’s list of the “2013 Best & Worst States for Businesses,” moving two spots up from its 2012 ranking. more
| 5/9/13
Fitch says top AAA sovereign ratings under pressure in 2013
Fitch Ratings said its AAA credit rankings on France, the United States and the United Kingdom are likely to come under pressure this year due to slow economic growth and high debt levels. more
R.I. gas prices fall 9 more cents
Gasoline prices in the Ocean State fell 9 cents this week in the seventh consecutive week of price declines, AAA Southern New England reported Monday. more
| 4/22/13
Hasbro loss widens in 1Q on savings initiative costs
Toy and game maker Hasbro Inc. saw its net loss widen 159 percent from $2.6 million, or 2 cents per diluted share, in the first quarter of 2012 to $6.7 million, or 40 cents per diluted share, in the first quarter of 2013, the company announced Monday. more
| 4/22/13
Europe’s banks may need to shrink to cut costs, Barclays says
The European banking industry may have to consolidate further if revenues don’t recover and firms don’t achieve their cost-savings targets, according to a Barclays PLC research note. more
TD Bank has new leadership in R.I., but direction remains same
TD Bank has chosen a banking industry veteran to take over its Rhode Island and Boston metro south market. Kevin F. Malone has been named TD Bank market president for Boston, southern Massachusetts and Rhode Island. more
Negative equity increases in 2012 4Q in Providence metro area
The number of Providence-area homeowners who owe more on their mortgages than their houses are worth increased in the fourth quarter of 2012, Corelogic said Tuesday. more
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