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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,...

IGT posts $102M loss in Q3

PROVIDENCE – International Game Technology PLC lost $102 million in the third quarter, or 62 cents per diluted share, due primarily to the effects...

SUMR Brands earns $2.2M profit in Q3

WOONSOCKET – Summer Infant Inc., known as SUMR Brands, earned a profit of $2.2 million in the third quarter ended Sept. 26, or $1.03...

Rubius Therapeutics reports $40.9M loss in Q3

CAMBRIDGE, Mass. – Rubius Therapeutics Inc. reported a loss of $40.9 million, or 51 cents per diluted share, in the third quarter. The clinical-stage biopharmaceutical...

Acushnet sees Q3 profit jump to $64M

FAIRHAVEN – Acushnet Holdings Corp. earned a profit of $64 million in the third quarter, or 84 cents per diluted share, an increase from...

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