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WEBSTER FINANCIAL Corp., parent company of Webster Bank, reported a $867.8 million profit in 2023, marking a 34.7% increase over the year prior.

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 Corp. on Wednesday reported a profit of $3.32 billion for 2023, a decline of 2.2% from the year before. / COURTESY GENERAL DYNAMICS ELECTRIC BOAT

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 INC. says its net income for 2023 was $921 million, an increase from $861 million one year prior. / COURTESY TEXTRON INC.

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., formerly Raytheon Technologies Corp., says it recorded a year-end profit of $3.2 billion in 2023, a decline from $5.2 billion a year prior.

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 Corp. saw its fourth-quarter profit fall more than 50% from a year earlier because of lingering banking industry headwinds. / AP FILE PHOTO/MICHAEL DWYER

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....
2 North Washington St. (1960)
OWNER: Banknorth N.A.
TENANT: TD Bank

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...

Casino operator Bally’s reports $61.8M loss in Q3

PROVIDENCE – Bally’s Corp. reported a loss of $61.8 million after reporting a $593,000 profit in the same period a year ago. The Rhode Island-based casino...
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