Capital Goods
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Raytheon Co., the world’s largest missile maker, said third-quarter profit fell 2.8 percent in a time of Pentagon spending cuts, while the company raised its full-year forecast for earnings and sales. more
Gasoline prices fell in Rhode Island and Massachusetts, but remained above the national average, according to the weekly survey by AAA Southern New England. more
Gasoline prices continued to drop in Rhode Island and Massachusetts this week, while the national average held steady, according to the weekly survey by AAA Southern New England. more
WASHINGTON – A profitable General Motors Co. is poised to shake off a half decade of U.S. government oversight next month, underscoring the comeback of a once-moribund industry and gaining leeway … more
American Airlines and US Airways Group Inc. reached an agreement with the U.S. Justice Department over the government’s bid to block their merger, clearing the way to a tie-up that would create the world’s biggest carrier. more
The Travelers office building in downtown Fall River and the former Genzyme factory in the Fall River Industrial Park represent two very different, but crucial, pieces of the city’s economic future. more
Cessna Aircraft Co., a subsidiary of Providence-based Textron Inc., has received Federal Aviation Administration certification and begun deliveries for its Citation M2 light jet and Citation Sovereign+ mid-sized business jet, the company announced Monday. more
Orders for U.S. durable goods rose in September by the most in three months as stronger demand for commercial and military aircraft outweighed a drop in business equipment. more
Astro-Med Inc., maker of specialty printers and data-acquisition systems, posted net income of $1.1 million, or 14 cents per diluted share, for its fiscal third quarter, a decline of 15.2 percent compared with last year’s third-quarter net income of $1.3 million, or 18 cents per diluted share. more
Construction employment in the Providence-Fall River-Warwick metro area rose 5 percent in November compared with the same period last year, adding 900 jobs for a total of 20,800 jobs, the Associated General Contractors of America reported Tuesday. more
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