Updated July 26 at 3:26pm
Investing
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Sensata Technologies Holding N.V. reported a 60.2 percent increase in net income, and 7.4 percent rise in revenue, in its second quarter earnings report released Tuesday. more
Washington Trust Bancorp Inc., the parent company of The Washington Trust Co., reported a 3.9 percent decline in net income in the second quarter to $11.1 million, or 64 cents per diluted share, from $11.5 million, or 68 cents per diluted share, a year earlier. more
A Chinese drug manufacturer is investing $42 million in Nabsys, which recently completed a financial restructuring that allowed it to reopen in March after being out of business for nearly seven months. more
Profit at Textron Inc. rose 6 percent in the second quarter, and revenue climbed 8.1 percent. more
Ana Botin, the chairman of Banco Santander SA, is doubling the lender’s bet on fintech. more
Over the past decade, Americans got a crash course in money management. The financial crisis and the great recession offered a ton of lessons — the dangers of debt being a big one — while making it impossible to ignore the topic of finance. more
Looking at such things as growth in business and gross domestic product, new building permits and municipal bonds per capita, Newport County has the greatest amount of investment in its local economy among Rhode Island’s five counties, according to the latest SmartAsset study. more
The Nasdaq Hearings Panel is allowing Towerstream Corp. to continue its listing as a publicly traded company on the Nasdaq Capital Market on a conditional basis, as the telecommunications company works toward maintaining qualifying levels of equity and per share value. more
Bank of America Corp., the second-biggest U.S. bank by assets, posted higher profit in each of its four main businesses as bond-trading revenue increased more than analysts estimated. more
Boosted by sales of Disney princess and Frozen dolls, and Baby Alive products, Hasbro Inc. posted a nearly 23 percent jump in profit in the second quarter, as well as a 10.2 percent increase in revenue. more
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