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KVH profits surge in 3Q
KVH Industries Inc.’s profit surged 190 percent during the third quarter of 2012, rising to $1.7 million, or 12 cents per diluted share, from the $600,000, or 4 cents per diluted share, reported during the same period in 2011. more
| 10/31/12
Construction employment rises slightly in Providence metro
Construction employment rose in 125 out of 337 metro areas, including the Providence-Fall River-Warwick area, dropped in 160 out of 337 metro areas, including the New Bedford metro area, and stayed stagnant in 52 metro areas from September 2011 to September 2012, according to a report from the Associated General Contractors of America. more
| 10/31/12
Gasoline falls on speculation superstorm Sandy will cut demand
Gasoline fell on speculation that demand will decline on the East Coast as Atlantic superstorm Sandy causes widespread flooding and power outages. more
Textron taps Lord as president, CEO of Textron Systems
Textron Inc. has named Ellen Lord as president and CEO of its Wilmington, Mass.-based Textron Systems segment, the company announced Monday. more
| 10/29/12
Gas prices drop 11 cents in R.I.
Gas prices in Rhode Island dropped another 11 cents this week, after dropping 6 cents last week, according to AAA Southern New England. more
| 10/29/12
EB lands $17.5M Navy contract modification
General Dynamics Electric Boat was awarded a $17.5 million contract modification with the U.S. Navy for submarine planning services. more
| 10/26/12
Davisville dredging project kicks off
Gov. Lincoln D. Chafee and House Speaker Gordon D. Fox joined the R.I. Economic Development Corporation and the Quonset Development Corporation to kick off a dredging project at the Port of Davisville on Thursday. more
| 10/26/12
Economy in U.S. expands at 2% annual rate, more than forecast
The economy in the U.S. expanded more than forecast in the third quarter, paced by a pickup in consumer spending, a rebound in government outlays and gains in residential construction. more
Raytheon boosts 2012 profit forecast citing push to cut costs
(Updated, 10:15 a.m.) Raytheon Co., one of the world’s largest missile makers, boosted its full-year profit forecast and said third-quarter profit rose less than 1 percent. more
R.I. exports surge 20.7% in August as U.S. exports fall
Exports from the Ocean State increased 20.7 percent in August after falling 14.3 percent in July on a month-to-month basis, according to an international trade statistics report from e-forecasting.com more
| 10/24/12
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