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Oppenheimer, RBS Citizens reach deal
Oppenheimer Holdings Inc., the investment bank run by Albert “Bud” Lowenthal, reached a client-referral agreement with RBS Citizens Financial Group Inc. to share middle-market clients for some services. more
Picerne expands into student housing business
Picerne Military Housing - a builder and manager of U.S. military housing - is launching a new parent company, Corvias Group, and a new student housing division, Corvias Campus Living, the company announced Tuesday. more
R.I. home sales on ‘path to recovery’
Rhode Island single-family home sales rose 17 percent in June compared with the same period last year, the 12th consecutive month of increased volume. more
Wash Trust posts record profit in 2Q
Washington Trust Bancorp Inc., parent company of The Washington Trust Co., posted a record second quarter net income of $8.7 million, or 53 cents per diluted share, a rise of 15.2 percent compared to the second quarter 2011 figures. more
RITBA pardons E-ZPass fines on Pell Bridge
The R.I. Turnpike and Bridge Authority decided last week to pardon drivers who use the newly open road lanes on the Claiborne Pell Bridge without an E-Z Pass. more
HousingWorks RI relocates to downtown
Roger Williams University is allowing the affordable housing coalition, HousingWorks RI, to relocate to its downtown campus, HousingWorks announced late last week. more
URI to use federal grant to run 4 adult care programs
The University of Rhode Island will use a $14 million federal grant to run a new program for care of cognitively challenged adults at four Rhode Island agencies. more
R.I. Foundation awards $15.4M in 2012 first half
The Rhode Island Foundation awarded $15.4 million in grants during the first half of 2012, the organization announced Monday. more
R.I. pump prices continue to rise
Rhode Island’s gasoline prices rose 8 cents this week. The jump marks the second consecutive week of increases after 13 weeks of stagnant or decreasing prices, according to AAA Southern New England. more
Hasbro revenue falls 7% in 2Q
Revenue for Hasbro Inc. fell 7 percent to $811.5 million in the second quarter of 2012 compared with $908.5 million for the same 2011 period. more
| 7/23/12
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