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Susan A. Baird

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Covidien posts $1.36B profit for FY 2008

HAMILTON, Bermuda, and MANSFIELD – For the fiscal year ended Sept. 26, medical device giant Covidien Ltd. (NYSE: COV) posted a profit of...
THE GAP between passenger traffic at the Warwick airport this year and traffic in the same month a year ago narrowed in October, RIAC data show. /

T.F. Green passenger decline slows in October

WARWICK – Passenger traffic at T.F. Green Airport (PVD) last month lagged year-ago levels for the sixth consecutive month, although the gap narrowed slightly,...
PRODUCTION of transit equipment fell 10% last month, after falling 30% in September, amid an aviation-industry strike that finally was settled in late October. Above,  tech Lloyd Schils secures a jet engine for shipment from the GE Co. Aviation Assembly and Test Plant in Durham, N.C., to Boeing, for installation in a 777. /

U.S. industrial output rises in October

WASHINGTON – U.S. factory, utility and mine output rose more than expected last month, after a September decline that was sharper than previously thought,...
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Retail sales fall a record 2.8%

WASHINGTON – U.S. retail and food service sales last month fell 2.8 percent compared with September, in their sharpest-ever decline, the U.S. Commerce Department’s...

Nestor costs outpace 3Q revenue growth of 14.3%

PROVIDENCE – Traffic-enforcement systems and services provider Nestor Inc. (OTCBB: NEST) posted a third-quarter loss of $3 million, a 52.67-percent increase from the year-ago...

P&W Railroad is back in black in 3Q

WORCESTER – Providence and Worcester Railroad Co. (Nasdaq: PWX) climbed out of the red in the three months ended Sept. 30, posting a third-quarter...

GTECH 3Q revenue rises 28%, Lottomatica says

ROME and PROVIDENCE – Lottery services and technology provider Lottomatica S.p.A. (Pink Sheets: LTTOY; Milan Stock Exchange: LTO) today posted a third-quarter profit of...

E-Verify rules don’t violate order, judge finds

PROVIDENCE – Gov. Donald L. Carcieri did not violate a previous court order by making state contractors begin using E-Verify before holding a public...
SINCE NOV. 14, 2007, when GGP shares closed at $49.95, to yesterday, when they closed at 35 cents, the stock lost 99.3% of its value. Compared with its March 2007 peak of $65.57, the stock is down 99.5%. /

General Growth dropped from S&P 500

CHICAGO – General Growth Properties Inc. (NYSE: GGP), the owner of Providence Place and the Silver City Galleria in Taunton, was removed from the...

Nortek posts 3Q loss, continues belt-tightening

PROVIDENCE – Home and commercial technology manufacturer Nortek Inc. posted a third-quarter loss of $579.6 million, compared with a year-ago profit of $37.6 million,...
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