Tag: Wall Street
BankRI parent company reports $75M profit in 2023, a drop of...
PROVIDENCE - Brookline Bancorp Inc., the parent company of Bank Rhode Island, on Thursday reported 2023 earnings of $75 million, down 31% compared to...
Webster Bank parent sees profits rise 35% in 2023 but decline...
STAMFORD, Conn. – Webster Financial Corp., the parent company of Webster Bank, says it recorded a $867.8 million profit in 2023, marking a 34.7%...
General Dynamics reports $3.32B profit in 2023
PROVIDENCE – General Dynamics Corp. on Wednesday reported a profit of $3.32 billion for 2023, down 2.2% from the $3.39 billion posted a year...
Textron reports $921M profit for 2023, up 7%
PROVIDENCE – Textron Inc. on Wednesday reported that its net income for 2023 was $921 million, an increase from $861 million one year prior.
Earnings...
RTX Corp. posts $3.2B year-end profit, down 39% from 2022
ARLINGTON, Va. – RTX Corp., formerly Raytheon Technologies Corp., reported a 2023 year-end profit of $3.2 billion, or $2.23 per share, a decline from...
Job gains and free-spending shoppers lifted Wall Street in 2023, but...
NEW YORK (AP) – Job gains and raises helped power solid economic growth in the U.S. last year, but what if those gains were a mirage?
Gross...
Bank of America profits fall 50% in fourth quarter of 2023
NEW YORK (AP) – Bank of America Corp. saw its fourth-quarter profit fall more than 50% from a year earlier as the banking industry...
UNFI reports $66M loss in Q1
PROVIDENCE – United Natural Foods Inc. on Wednesday reported a loss of $66 million in the first quarter of fiscal 2024 that ended Oct....
TD Bank Group cutting 3,100 jobs
PROVIDENCE – TD Bank Group is cutting approximately 3,100 jobs, accounting for 3% of its workforce, as part of a restructuring plan expected to...
Aspen Aerogels sees Q3 losses narrow to $13.1M
NORTHBOROUGH, Mass. – Aspen Aerogels Inc. on Thursday reported a loss of $13.1 million in the third quarter of 203, or 19 cents per...
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