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Rhode Island
Sunday, December 9, 2018

Economic Activity

Commercial transactions

Following are the most recently filed commercial real estate transactions in Rhode Island and Bristol Co., Mass. The listing is copyrighted by Banker &...

Carcieri wants new Power Authority<br> to promote renewables

PROVIDENCE – Gov. Donald L. Carcieri has submitted a bill to the General Assembly to create a R.I. Power Authority to spearhead the development...

NewportFed 1Q profit increases to $259,000

NEWPORT – Newport Bancorp Inc., the holding company for Newport Federal Savings Bank, has reported a first-quarter profit of $259,000 or 6 cents per...

Nestor shares fall below Nasdaq minimum level

PROVIDENCE – Nestor Inc. has been notified by Nasdaq that, as of April 23, the market value of the company’s common stock had fallen...
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Small businesses: Bid now on federal jobs

There’s never been a better time for small businesses looking to sell products and services to the federal government. A backlash over the federal...

Capital Properties 1Q earnings total $380,000

EAST PROVIDENCE – Capital Properties Inc. reported net income of $380,000 for the three months ended March 31, resulting in a basic income per...
ROBERT T. GORMLEY is retiring in July from Citizens Financial Group, but he will continue to serve as a consultant for the company and to work with The Providence Foundation and RIPEC. 'I'm optimistic that Providence and Rhode Island can continue to flourish.' /

Citizens exec says he’s ready to retire<br> after 37 years in...

When Robert T. Gormley joined Citizens Bank in 1993, the company had $5 billion in assets and was a distant second to Fleet Bank...
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Watching the world on video feeds

If someone buys tulip bulbs from Holland, it’s entirely possible that they were inspected and graded by a system using Videology Imaging Solutions Inc....
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Providence Place teaming up<br> with Habitat Providence

PROVIDENCE – Providence Place mall today announced it is teaming up with Habitat for Humanity of R.I.-Greater Providence Inc. to raise resources and awareness....
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NSTAR flips switch on $220M high-voltage line

NSTAR (NYSE: NST), a utility company serving Dartmouth, New Bedford and other portions of eastern and central Massachusetts, yesterday declared its 473rd consecutive...
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