Financial Services

 /

Slades Bank posts 1Q profit of $873,000

SOMERSET – Slade’s Ferry Bancorp (SFBC), the parent of Slades Bank, said its first-quarter profit declined 3.7 percent to $873,000 from the year-ago...
AN ELECTRONIC BOARD hanging above the floor of the New York Stock Exchange shows the Dow Jones Industrial Average at 13,000.01 shortly after the market opened this morning. The index continued to rise, closing at 13,089.896 points. /

Market rally boosts Dow beyond 13,000

NEW YORK – The U.S. financial markets’ biggest rally in more than three years continued today, pushing the Dow Jones Industrial Average above...
UNITEDHEALTHCARE of New England CEO Stephen J. Farrell agreed not to appeal the charges, as part of a settlement that reduced the fine from the original $75,000, said company spokeswoman Debora M. Spano. 'This is still a new law, and we're still trying to work our way through it,' she added. /

UnitedHealth faces $67,500 in R.I. fines

PROVIDENCE – A “market conduct” examination of UnitedHealthcare of New England has found the company failed to comply with Rhode Island’s small-group health insurance...

‘Liar loans’ worsen housing slump, officials say

WASHINGTON – Mortgage-application fraud by borrowers and brokers is fueling a wave of foreclosures that will prolong the U.S. housing slump, according to Robert...

Existing home sales fall 8.4% in March

WASHINGTON – Sales of previously owned homes fell 8.4 percent last month to a seasonally adjusted rate of 6.12 million housing units per year...

CVS/Caremark backs director candidates

WOONSOCKET – CVS/Caremark Corp. (NYSE: CVS) “strenuously disagrees” with a pension-fund group that urges shareholders to withhold support for two directors who have been...

Management Capital buys display-fixtures firm

PROVIDENCE – Management Capital LLC says it has completed its purchase of the assets and business of Wire Weld USA Inc. of Lockport, N.Y.,...
 /

Creative Circle completes 2nd-round financing

PROVIDENCE – Media software developer Creative Circle Advertising Solutions Inc. today announced the closing of its second round of financing. The two rounds totaled...

Washington Trust 1Q profit dips 1.6% to $6.0M

WESTERLY – Washington Trust Bancorp. Inc. (Nasdaq GM: WASH), parent of The Washington Trust Co., today posted a first-quarter profit of $6.0 million diluted...
THE SIGN outside the credit union's old headquarters in Central Falls, in 1955. /

CUCF becomes Navigant Credit Union

SMITHFIELD – Credit Union Central Falls, a $1.03 billion financial institution with branches in six cities and towns across northern Rhode Island, ...

Stay up to date with PBN's Morning Call & Daily Edition newsletters.

- Featured Event -

Latest News