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VERIZON REPORTED a profit of $5.3 billion in the third quarter, a 5.4% increase year over year. / BLOOMBERG NEWS FILE PHOTO/JIN LEE

Verizon tops profit estimates on gain in wireless subscribers

Economic Activity 10/25/2019

NEW YORK – Verizon Communications Inc. exceeded Wall Street estimates for third-quarter profit and subscriber growth, boosting investor confidence as the company expands its...

ROCKLAND TRUST'S parent company reported a profit of $27 million in the first quarter of 2020. / COURTESY ROCKLAND TRUST CO.

Rockland Trust parent company reports $51.8M profit in Q3

Financial Services 10/18/2019

PROVIDENCE – Independent Bank Corp., the holding company for Rockland Trust Co., reported a profit of $51.8 million in the third quarter in a...

CITIZENS FINANCIAL GROUP INC. reported a $449 million profit in the third quarter ended Sept. 30. Citizens CEO Bruce Van Saun called the 1% increase in profit from a year earlier "a strong quarterly result in spite of a challenging rate environment." / PBN FILE PHOTO/ MICHAEL SALERNO

Citizens reports quarterly profit of $449M in Q3

Economy 10/18/2019

PROVIDENCE – Citizens Bank’s holding company reported a third-quarter profit of $449 million in a filing Friday, marking a 1.3% increase from $443 million...

TEXTRON EARNED $220 million in the third quarter while revenues were $3.3 billion. / COURTESY TEXTRON

Textron revenue ticks up in Q3

Manufacturing 10/17/2019

PROVIDENCE - Textron Inc. reported a profit of $220 million in the third quarter, a 60.9% decline year over year, according to a company...

BANK OF AMERICA reported a $5.8 billion profit in the third quarter. / BLOOMBERG NEWS FILE PHOTO/RON ANTONELLI

BofA’s deal fees surge in sign of investment-bank turnaround

Financial Services 10/16/2019

NEW YORK – Bank of America Corp. posted the biggest jump in investment-banking fees on Wall Street, helping profit overcome headwinds from lower interest...

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