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Tag: U.S. Securities and Exchange Commission

SEC filing of the week: JAIA Robotics raises $1.8M in equity funding

BRISTOL – JAIA Robotics Inc., which makes underwater drones for data, has raised $1.8 million in funding, according to its filing with the U.S. Securities...

SEC filing of the week: Textron halts production of Powersports product...

PROVIDENCE – Textron Inc. has paused production of its of Powersports product line within its industrial segment’s specialized-vehicle business due to weak demand.  The maker...
WPRI-TV CBS 12 has reportedly laid off multiple employees as part of parent company Nexstar Media Group Inc.'s 2% companywide workforce reduction plan.

Report: Nexstar’s layoffs include some WPRI-TV employees

EAST PROVIDENCE – Multiple employees at WPRI-TV CBS 12 have reportedly been laid off as part of Nexstar Media Group Inc.’s 2% companywide workforce...

SEC filing of the week: KVH approves sale of R.I. properties

MIDDLETOWN – KVH Industries Inc. has agreed to deals to sell a local office and factory.  On Dec. 5, KVH entered into a purchase and...
CVS HEALTH CORP. has entered an underwriting agreement to sell $3 billion in outstanding notes. 

SEC filing of the week: CVS agrees to sell $3B in...

PROVIDENCE – CVS Health Corp. has entered an underwriting agreement to sell $3 billion in outstanding notes.  In its filing with the U.S. Securities and...
SETTING THE TABLE: Patrons at Bally’s Twin River Lincoln Casino Resort play a hand of blackjack. Bally’s Chairman Soohyung “Soo” Kim says he has no plans to abandon the company’s roots in Rhode Island when his hedge fund, Standard General LP, takes ownership. 
PBN PHOTO/MICHAEL SALERNO

HIGH-STAKES TAKEOVERS: Hedge fund, private equity firm ante up at R.I.’s...

When Sen. Frank A. Ciccone got wind in July that Bally’s Corp.’s board of directors had accepted a $4.5 billion buyout offer from the...

Citizens chief accounting officer and controller is leaving in August

PROVIDENCE – Citizens Financial Group Inc. has disclosed in public filings that its chief accounting officer and corporate controller is stepping down on Aug....

Water tech company agrees to pay $8.5M penalty for falsifying revenue

PPROVIDENCE – A Pennsylvania water technology company with a division in Warwick has agreed to pay an $8.5 million criminal penalty for falsifying revenue,...

Hasbro to lay off 1,100 more employees, vacate Providence office after...

PAWTUCKET – More layoffs are coming at Hasbro Inc. The toy company will in a year’s time also exit its downtown office adjacent to the...

Dighton police chief charged with insider trading resigns

DIGHTON – Town Police Chief Sean Cronin, who was charged in an insider trading scheme that prosecutors say garnered $72,000 for himself and millions...
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