Michael Souza, Author at Providence Business News

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COURTESY GROUNDWORK
STRONG ROOTS: Gary Cloutier, executive director of Groundwork Providence, says Groundwork aims for a native and diverse stock of trees, meaning maple and elm, among others.

More trees, less pavement would make city more livable

Economic Activity 07/14/2012

Gary Cloutier is a Rhode Island native who returned to the Ocean State on May 14 as executive director for Groundwork Providence, a nonprofit...

WEBSTER FINANCIAL CORP. has announced net income available to common shareholders of $40.6 million, or $.44 per diluted share, for the quarter ended June 30 up 6 percent from $38.3 million, or $.42 per diluted share for the first quarter ended March 31.

Webster revenue up 6% in 2Q

Financial Services 07/13/2012

WATERBURY, Conn. – Webster Financial Corp., the holding company for Webster Bank, has announced net income available to common shareholders of $40.6 million, or...

"Many investors continue to seek the perceived safety of fixed-income investments and are still hesitant to get back into the equity markets." / COURTESY ROCKLAND TRUST

Five Questions With: Gary Friedmann

In Their Own Words 07/10/2012

As vice president and portfolio manager, Gary Friedmann is responsible for setting investment policy, managing client portfolios and performing securities research. Gary recently...

Washington Trust helps out food bank

Financial Services 07/10/2012

Washington Trust officers and supervisors recently volunteered at the Rhode Island Community Food Bank as part of the bank’s Care Day Program. Volunteers participated...

Rockland Trust presents summer reading initiative

Financial Services 07/10/2012

ROCKLAND – For the fourth consecutive year, Rockland Trust presents the Reading Makes Cent$ program, a summer program to encourage literacy and fiscal responsibility...

Washington Trust issues scam alert

Business Services 07/10/2012

WESTERLY – The Washington Trust Co. has been alerted by authorities regarding a text message scam that was sent to individuals in the Rhode...

BankRI Gallery features Cranston artist

Financial Services 07/10/2012

PROVIDENCE – The BankRI Pitman Street Gallery is presenting “Photographs by David Silverman” through Aug. 1. showcasing the art of a local photpgrapher. Cranston photographer...

GETTING A GRIP: Gripnail Corp. President David Ashton has recently worked with the Chafee Center for International Business in an attempt to expand his business into Middle East. Above, he demonstrates some of his company's machinery. / PBN PHOTO/CATIA CUEN

Fighting flight of jobs overseas

Uncategorized 07/07/2012

Are American jobs that were once shipped overseas now returning to Rhode Island? For Raymond W. Fogarty, director of the Chafee Center for International...

More investors turning to indexed annuities

Economic Activity 07/07/2012

Gains in indexed annuities are making some financial planners take notice, with first-quarter sales jumping 14 percent compared to last year. Overall, annuity sales...