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HASBRO reported a $60.3 million profit in the second quarter of 2018, following a $112.5 million loss in the first quarter. In the second quarter of 2017, the company earned $67.7 million. / COURTESY HASBRO

Hasbro turns $60.3M Q2 profit following Q1 rout on Toys R...

PAWTUCKET – Hasbro Inc. reported a $60.3 million profit in the second quarter of 2018 on Monday, or 48 cents per diluted share, reflecting...
HASBRO HAS been named as a Civic 50 Honoree each year since the award's inception in 2012. This year CVS Health was also honored. / BLOOMBERG FILE PHOTO/MICHAEL SPRINGER

2 R.I. companies honored for corporate citizenship

PROVIDENCE – Both CVS Health Corp. and Hasbro Inc. have been named as 2018 Civic 50 honorees, an award for superior corporate citizenship from...
VALUABLE PRODUCT: United Way of Rhode Island CEO Anthony Maione said UWRI set a fundraising goal of $260,000 from 260 new donors, but the organization has raised north of $500,000 with roughly 115 donors so far. An anonymous donation of another $500,000 has pushed the total above nearly $1 million, a sign donors see the value of UWRI, he said.  / PBN PHOTO/RUPERT WHITELEY


UWRI CEO Anthony Maione is retiring after 13 years at the...

For 15 years at the United Way of Rhode Island, Anthony Maione has sought to better the lives of Rhode Islanders and improve their...
HASBRO HAS CLOSED on a deal valued at $522 million with Saban Properties to acquire several brands including Saban's Power Rangers. / COURTESY HASBRO

Hasbro closes deal for Saban’s Power Rangers

PAWTUCKET – Hasbro Inc. has closed its deal to acquire several brands from Saban Properties LLC, including Saban’s Power Rangers, in a combination of...
PBN PHOTO/MICHAEL SALERNO

Five Questions With Navyn Salem

Navyn Salem | CEO, Edesia Inc. 1. On March 15, Edesia launched a new corporate-giving program that would see company logos emblazoned on Edesia...
Beyond the average
A piece of the Dodd-Frank financial reform law required for the first time that companies disclose the ratio of their CEO’s pay to the median salary of its employees, although the employers were allowed to exclude some workers from the calculation. / Sources: Company filings (Some companies excluded non-U.S. employees and others.)

Pay ratio disclosures show wide gaps between CEOs, employees

Out of the 19 public companies that are based in or have significant ­operations within Rhode Island and have filed proxy statements recently, 14...
TOP SCORER: Hasbro is one of three Rhode Island companies to achieve a perfect score this year in the 2018 Human Rights Campaign Foundation’s Corporate Equality Index. From left, Justin Haddock, licensing attorney; Dolph Johnson, executive vice president and chief human resources officer; Meghann Noonan, project engineer; and Dan Chasse, project ­manager. / PBN PHOTO/­MICHAEL SALERNO

3 R.I. companies receive perfect Corporate Equality Index scores for LGBTQ...

Four Rhode Island-based corporations were listed in the Human Rights Campaign Foundation’s 2018 Corporate Equality Index – a study that measures a corporation’s efforts...
HASBRO ANNOUNCED $500 million in share repurchases, in addition to the buyback program of the same scale approved in 2015. / COURTESY HASBRO INC.

Hasbro announces additional $500M share buyback

PAWTUCKET – Hasbro Inc. authorized a repurchase of an additional $500 million of its common stock, expanding its original buyback plan, the company announced...
HASBRO'S JOY FOR ALL brand has been acquired by Ageless Innovation, a new company focused on products for older adults. Above, a Joy For All toy cat. / COURTESY HASBRO INC.

New company Ageless Innovation acquires Hasbro’s Joy for All brand

PAWTUCKET - Hasbro Inc.’s Joy for All brand, which included the Joy for All Companion Pets - interactive toy cats and toy dogs -...

Good corporate citizenship pays off in multiple ways

What is a good corporate citizen? According to ­Corporate Responsibility Magazine, the good corporate citizen is transparent about its performance across a number of...
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