Sunday, February 28, 2021


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GANNETT CO., owner of The Providence Journal, says it has made "significant progress" in transitioning from a traditional media business to a "digitally focused content platform," despite reporting a $672.4 million loss in 2020. / PBN FILE PHOTO/ARTISTIC IMAGES

Providence Journal parent company posts $672M loss in 2020

PROVIDENCE – Gannett Co., parent company of The Providence Journal, among other local papers, lost $672.4 million in 2020, or $5.09 per diluted share,...
ACUSHNET HOLDINGS CORP., the parent company of the Titleist and FootJoy golf brands, says the temporary closures of pro shops and other retail outlets during the COVID-19 pandemic affected sales. / COURTESY TITLEIST

Acushnet Corp.’s profit dips to $100M in 2020

FAIRHAVEN – Acushnet Holdings Corp. earned a profit of $100 million in 2020, or $1.28 per diluted share, a decline from $124.5 million one...
RUBIUS THERAPEUTICS ended 2020 with a loss of $167.7 million.

Rubius Therapeutics reports $167.7M loss in 2020

CAMBRIDGE, Mass. – Rubius Therapeutics Inc. reported Tuesday a loss of $167.7 million in 2020, or $2.08 per diluted share. The clinical-stage biopharmaceutical company, which...

HarborOne reports $44.8M 2020 profit

BROCKTON, Mass. – Record mortgage banking revenue helped HarborOne Bancorp Inc. more than double its year-end profits, ending 2020 with $44.8 million in net...
GENERAL DYNAMICS CORP.'S marine systems segment, which includes General Dynamics Electric Boat, reported $10 billion in revenue, an increase of 8.7% year over year. / COURTESY GENERAL DYNAMICS ELECTRIC BOAT

General Dynamics earns $3.2B in 2020

PROVIDENCE – General Dynamics Corp. earned a profit of $3.2 billion in 2020, a 9.1% decline year over year, the company reported Wednesday. Earnings per...
TEXTRON INC. reported a profit of $309 million profit in 2020, a decline from $815 million one year prior. / COURTESY TEXTRON AVIATION

Textron posts $309M profit in 2020

PROVIDENCE – Textron Inc. reported a $309 million profit in 2020, a decline from $815 million one year prior, the company announced Wednesday. Earnings per...

Citizens posts $1.1B 2020 earnings, ‘record’ income from mortgage, wealth banking...

PROVIDENCE – Citizens Financial Group Inc. reported a 41% cut to year-over-year earnings, ending 2020 with $1.1 billion in profit, the company announced on...

Bank of America 4Q profit falls 18% on lower interest rates

CHARLOTTE, N.C. (AP) – Bank of America Corp.’s fourth-quarter profits fell 18% from a year ago, as lower interest rates weighed down its results....

UNFI posts $1M loss in fiscal Q1

PROVIDENCE – United Natural Foods Inc. reported a $1 million loss for its fiscal first quarter, or 2 cents per diluted share, the company...

AstroNova posts $12K profit in Q3

WEST WARWICK – AstroNova Inc. reported a profit of $12,000 in the third quarter ended Oct. 30, a decline from $456,000 one year prior,...

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