No bidding war for film tax credit
We can only hope that the General Assembly does not feel the need to compete with Connecticut in luring Hollywood further East. According to...
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...
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