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Rhode Island
Monday, October 22, 2018

Government

FTC approves BofA’s purchase of LaSalle Bank

WASHINGTON – The Federal Trade Commission has granted regulatory approval for Bank of America Corp.’s $21 billion acquisition of the Chicago-based LaSalle Bank. Amsterdam-based...
OVERALL SALES rose 15% to a record $16.3 million in the quarter ended Aug. 4. Besides airborne cockpit printers like the ToughWriter 4 above, Astro-Med makes label and other specialty printers plus test and measurement systems for scientific, medical and industrial use. /

Astro-Med 2Q sales rise 15% to record $18.7M

WEST WARWICK – Record sales in the fiscal quarter ended Aug. 4 helped Astro-Med Inc. (Nasdaq: ALOT) record a second-quarter profit of $886,000, or...
THE COMPANY said it intends to ask the Nasdaq Board of Directors to grant a further extension, beyond its current Sept. 25 deadline, to allow the company time to complete its probe of past stock-option practices and file its audited financial statements. /

Nasdaq cites Kopin for delayed 2Q filing delay

TAUNTON – Kopin Corp. (Nasdaq: KOPN) has received a non-compliance letter from Nasdaq, as expected, for failing to file its quarterly report for the...
$1.4 MILLION came in a statewide grant to be administered by the Justice Commission; the bulk of it will be divided among police departments, the state Drug Court and the  Precious Metals and Pawn Database. /

R.I. gets $2.2M in justice-assistance grants

WASHINGTON – The U.S. Department of Justice, Bureau of Justice Assistance, has awarded $2.2 million to assist Rhode Island criminal justice agencies during the...
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Fed pares bond fee, holds firm on rates

WASHINGTON – The Federal Reserve halved the fee that bond-dealers pay on Treasuries as Chairman Ben S. Bernanke continued to strive to stem the...

25 R.I. students win $50k in scholarships

STATE HOUSE – Twenty-five students from across Rhode Island are to be honored tonight as recipients of the R.I. Student Loan Authority’s fourth annual...
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Global economy rebounds in 3Q

MUNICH­ – The global economic climate increased to its highest level in seven years, according to the third-quarter World Economic Survey released today by...
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89.7% of R.I. firms have fewer than 20 workers

CRANSTON – Small companies with just a few workers make up a significant portion of the Rhode Island economy, according to the R.I. Department...

SBA: Citizens, Washington Trust top <br> R.I. small-biz lenders so far in...

PROVIDENCE – Citizens Bank of Rhode Island is the region’s top small-business lender, issuing 135 loans statewide in the fiscal year to date,...

Federal grant to help Save The Bay

PROVIDENCE – U.S. Jack Reed has announced a $291,000 federal grant, administered by the National Oceanic & Atmospheric Administration, to fund Save The Bay...
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