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,...
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,...
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...
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...