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Monday, June 18, 2018

Economic Activity

CAREMARK can hold its March 16 shareholder vote on the CVS offer, a Delaware judge ruled. Above, CVS' Tom Ryan, left, with Caremark's Mac Crawford, who would be chairman of  CVS/Caremark. /

Caremark vote on CVS deal to proceed;<br> Express Scripts boosts its...

Express Scripts Inc. (Nasdaq: ESRX) last night boosted its hostile takeover bid for Caremark Rx Inc. (NYSE: CMX).Express Scripts said it will raise...

Fed upbeat despite some slowing in activity

Though maintaining a positive tone, the Federal Reserve Bank’s Beige Book report on U.S. economic activity did note that four of the nation’s...

Friendly’s posts $4.9M profit in 2006

WILBRAHAM, Mass. – Friendly Ice Cream Corp. (Amex: FRN) posted a 2006 profit of $4.9 million or 61 cents per share, after losing $27.3...

U.S. retail sales weak in February

U.S. retailers last month had their weakest sales growth in 11 months as cold weather put a brake on demand for warm-weather goods, according...

R.I. home sales rise 12.8% in January

BOSTON – Rhode Island single-family home sales rose in January to 12.8 percent above the year-ago level, according to The Warren Group, which tracks...
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R.I. state government among<br> WELCOA’s 2006 ‘Well Workplaces’

PROVIDENCE – The state government has been honored by the Wellness Councils of America (WELCOA) as a Well Workplace, for its “Get Fit, Rhode...

CVS/pharmacy VP to oversee marketing, operations

WOONSOCKET – CVS/pharmacy has announced the promotion of Helena B. Foulkes to senior vice president of marketing and operations.She most recently was senior...
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FM Global annual profit grows 16% to $737M

JOHNSTON – Commercial property insurer FM Global posted 2006 net income of $737 million, a 16-percent increase over the previous year’s $635 million.The policyholder...

Bankers report surge in mortgage applications

Mortgage applications last week surged to the highest level in nearly three months as interest rates fell, the Mortgage Bankers Association said in a...
PAYROLL GROWTH since 2001 at large companies is shown in green, mid-sized companies in pink and small companies in dark blue; the gray bar at the beginning of the graph indicates the recession of 2001.  /

ADP report: U.S. adds 57,000 jobs in February

U.S. employers added 57,000 jobs last month – the smallest gain since July 2003, and less than half January’s increase of 121,000 jobs...
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