Susan A. Baird
First Trade’s annual profit rises 17.2%
BOSTON – First Trade Union Bank saw its annual profit grow to $2.4 million, a 17.2 percent increase from 2007, despite sharp increases in...
MetLife posts 11% premium, fee growth
NEW YORK – The nation’s largest insurer, MetLife Inc. (NYSE: MET), posted a 2008 profit of $3.08 billion, a 26.22 percent decline from the...
January job-cut announcements triple
CHICAGO – “The new year came in like a lion, as record downsizing in the retail sector helped push the number of planned...
Providence awarded $500K <br>to ‘reimagine’ learning
FLINT, Mich., and PROVIDENCE – Rhode Island’s capital city will receive a three-year, $500,000 grant from the Charles Stewart Mott Foundation to help “reimagine...
Stimulus plan may help N.E. fishermen
WASHINGTON and NORTH PROVIDENCE – Among the items before the U.S. Senate this week, as it weighs its own version of the economic...
R.I. gets ‘F’ for teacher-retention policies
WASHINGTON – Rhode Island received an “F” while Massachusetts and Connecticut each received a “D” in the National Council on Teacher Quality’s ratings of...
Raytheon IDS sales grow 10% in 2008
TEWKSBURY, Mass. – Integrated Defense Systems, the Raytheon Co. division that operates the Portsmouth Seapower Capability Center in Rhode Island, posted full-year operating income...
Acushnet Co. posts ‘2nd-best sales year’
FAIRHAVEN – The Acushnet Co., the golf-products division of Deerfield, Ill.-based consumer products company Fortune Brands Inc. (NYSE: FO), “delivered its second-best sales...
Ch. 10 parent posts $631.85M loss
RICHMOND, Va. – Newspaper and broadcasting giant Media General Inc. (NYSE: MEG) today posted a loss of $631.85 million for 2008, compared with a...
Textron annual profit falls 53% to $486M
PROVIDENCE – Textron Inc. (NYSE: TXT) today posted a 53 percent decline in full-year profit, a near reversal of its 52.6 percent increase in...
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