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The private equity firms of Providence Equity Partners and Madison Dearborn Partners LLC will maintain a controlling stake in Chicago-based computer equipment maker CDW Corp. after a $500 million planned stock sale, reported Crain’s Chicago Business.
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By PBN Staff
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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.
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By PBN Staff
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PROVIDENCE – Textron Inc. is considering a bid for part or all of Hawker Beechcraft Inc., the bankrupt business-jet maker in exclusive talks with China’s Superior Aviation Beijing Co., Bloomberg News reported.
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7/30/12
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Sensata Technologies N.V. reported second-quarter net income of $26.1 million, or 14 cents per diluted share, up from a net loss of $34.6 million, or 20 cents per diluted share, during the second quarter of 2011.
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By PBN Staff
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A.T. Cross Co. saw profits increase to $3.7 million in the second quarter of 2012, or 28 cents per diluted share, compared with $3.2 million, or 24 cents per diluted share, in the second quarter of 2011, the personal- and business-accessories maker said Thursday.
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By PBN Staff
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Sometimes, time off from work can generate the best business leads and ideas.
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By Rebecca Keister |
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Manufacturing in the U.S. probably stagnated in July after contracting for the first time in three years, economists said before a report today.
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By Lorraine Woellert
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Following a drop of 1.9 percent in June, an index of America’s leading economic indicators gained 1 percent in July.
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By PBN Staff
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Bridging the gap between cutting edge research and new commercial applications is central to America’s future in advanced manufacturing, the director of a new federal manufacturing initiative told industry and government leaders gathered at the Rhode Island School of Design on Tuesday morning.
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By Patrick Anderson |
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General Motors Ventures LLC has invested in The NanoSteel Co., a maker of nano-structured steel materials design, the company announced Monday.
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By Emily Greenhalgh |