Johnson & Wales University has begun site preparation for construction of a three-story, $40 million academic building in the Jewelry District downtown. A ceremonial groundbreaking is scheduled for …
Cadence Inc. reported a 37 percent increase in revenue to $20.7 million in the first quarter, and a 28.7 percent increase in profit to $1.4 million, or 81 cents per share.
Sensata Technologies Inc. reported a 36.1 percent increase in revenue in the first quarter, but a 48.3 percent drop in profit.
Textron Inc. reported increases in profit and revenue in the first quarter, again fueled by the acquisition of planemaker Beechcraft last year.