Monday, January 13, 2025

TOPICS

Economic Activity

THE TURBINE HALL in the former South Street power station will house part of the Heritage Harbor Museum. Developer Struever Bros. Eccles & Rouse is also carving out retail and office spaces within the building. /

Reinventing a waterfront icon

Stepping into the darkened South Street Station power plant in Providence's Jewelry District is like stumbling upon a lost temple of the Industrial Age. The...

Judge denies motion to block Caremark merger vote

NASHVILLE, Tenn. – Caremark Rx Inc. (NYSE: CMX) today announced that the Delaware Court of Chancery has denied a plaintiffs’ motion to enjoin Caremark's...

Providence Equity buys majority in 2 satellite TV firms

PROVIDENCE – Providence Equity Partners Inc. has agreed to a majority stake in Dutch and Flemish DTH broadcast satellite operators CanaalDigitaal and TV Vlaanderen,...
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Clear Channel’s annual revenue rises 7% in ’06

SAN ANTONIO – Clear Channel Communications Inc. (NYSE: CCU), a global media and entertainment company whose properties include properties include local radio stations WHJY-FM,...
DURING THE QUARTER, Lowe's opened 58 new or relocated stores, giving it 1,385 locations in 49 states. /

Lowe’s 4Q profit falls 11.5%; beats expectations

MOORESVILLE, N.C. – Lowe’s Cos. Inc. (NYSE: LOW), the world’s second-biggest home-improvement retailer, today posted profits of $613 million for the 13 weeks ended...

Toll Bros. 1Q profit falls 66.9%, orders fall 34%

HORSHAM, Pa. – Toll Brothers Inc. (NYSE:TOL), a leading builder of luxury homes, today posted net income of $54.3 million for the quarter ended...

Clear Channel declares 18.5-cent dividend

SAN ANTONIO – Clear Channel Communications Inc. (NYSE: CCU) last night announced that its board of directors has declared a quarterly cash dividend of...

Providence Equity confirms new $12B fund

PROVIDENCE – Providence Equity Partners Inc. yesterday confirmed it has closed its sixth fund, with $12 billion in capital commitments. The new fund –...

CPI rises 0.2% in January, fueling inflation fears

WASHINGTON – The Consumer Price Index for All Urban Consumers (CPI-U) last month rose 0.2 percent to 202.4 (1982 = 100), 2.1 percent above...
JOSEPH J. MarcAURELE, chairman, president and CEO of Citizens Bank of Rhode Island, will receive the 2nd Housing Hero award for leadership in affordable housing. /

House of Hope names MarcAurele a ‘Housing Hero’

WARWICK – House of Hope CDC today announced that its second annual Housing Hero award will go to Joseph J. MarcAurele, chairman, president and...
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