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Providence
Sunday, September 27, 2020

Financial Services

ProvEquity raises debt-fund target to $1B

PROVIDENCE – Providence Equity Partners Inc. is raising the target of its “hung bridge” debt fund from $700 million to $1 billion, Private Equity...
SALES OF CONDOS fell 30.2% compared with February 2007, even as downtown projects such as the 193-unit Waterplace Towers, left, and the 103-unit Residences at the Westin, not shown, were nearing completion. /

R.I. home sales fall again in February

BOSTON – Sales of single-family homes in Rhode Island fell 18.6 percent in February compared with the same period in 2007, according The Warren...
JANET SHANSKY, a Myomics tissue engineer, holds a plate of cell cultures. The company has teamed up with CellCure to find new compounds to treat neuromuscular disease. /

Local startups Myomics and CellCure merge

PROVIDENCE – Local biotechnology startups Myomics Inc. and CellCure Inc. have merged into one venture focusing on the discovery and screening of new compounds...
NATIONWIDE, the number of homes in some stage of foreclosure rose 4.93% in March. Filings in Massachusetts rose 42.68% last month while Rhode Island filings fell 10.76%. Above, an auction sign leans against the hedge outside a house in California, the state with the second-highest foreclosure rate. /

Foreclosures fall in R.I., rise nationwide

IRVINE, Calif. – Foreclosure actions in Rhode Island declined last month, even as filings surged in Massachusetts and nationwide, RealtyTrac Inc. said today. The 398...

‘Premature pessimism’ gives many firms an edge

WASHINGTON – Even as the nation tumbles into recession, “we still have what, at the moment at least, appears to be a reasonably good...

Chile begins buying dollars to stabilize peso

SANTIAGO, Chile – The Banco Central de Chile has begun to sell Chilean pesos and buy U.S. dollars, aiming to boost the central bank’s...

IRS tips for last-minute taxpayers

WASHINGTON – The U.S. Internal Revenue Service offers several tips for those who have not yet filed their 2007 federal tax returns, due by...

RBS Lynk re-ups with check guarantee provider

ATLANTA – RBS Lynk, the payment processing subsidiary of Providence-based Citizens Financial Group Inc., has renewed its partnership agreement with CrossCheck Inc., the nation’s...

Citizens, NBC10 recognize Goodwill for service

PROVIDENCE – Citizens Bank and NBC10 have named Goodwill Industries of Rhode Island as the 2008 second-quarter Champion in Action in the work force...

Theatre-By-The-Sea is now a nonprofit

SOUTH KINGSTOWN – The Theatre-By-The-Sea in Matunuck is now operating as a nonprofit for the first time in its 75-year history. Owner and producer...

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