Updated March 27 at 4:27pm
Investing
149 results total, viewing 91 - 100
CVS Health Corp., the largest provider of prescription drugs in the U.S., posted fourth-quarter earnings that beat analyst estimates as demand for drugs outweighed the drop in revenue from a decision to stop selling tobacco products. more
The most accurate U.S. equity forecasters say December is the wrong month to abandon stocks that by some measures are rising faster than ever before. more
Venture capitalists invested $124.1 million in Rhode Island companies in 2014, $42 million more than in 2013, and the largest amount to date, according to the MoneyTree Report by PricewaterhouseCoopers LLP and the National Venture Capital Association. more
U.S. stocks rose, with the Standard & Poor’s 500 Index climbing to an all-time high, as energy and small-cap shares rebounded from yesterday’s declines. more
In what its CEO calls a “pivotal year,” Citizens Financial Group Inc. Monday reported net income of $865 million in 2014, an improvement on a $3.4 billion loss in 2013, which was fueled by a $4.1 billion after-tax goodwill impairment charge. Citizens reported earnings of $1.55 per diluted share for the year. more
Royal Bank of Scotland Group Plc plans to raise as much as $3.3 billion selling shares in its U.S. unit Citizens Financial Group Inc. to investors. more
Researchers in Bethesda, Md., have spent eight years developing a handheld device to quickly assess potential brain trauma in injured U.S. soldiers and athletes with concussions. more
The Rhode Island Foundation manages its finances to make sure that its capital endowment grows in perpetuity, a key function of its identity as a community foundation. more
U.S. Bancorp, the nation’s largest regional lender, reported third-quarter profit that matched analysts’ estimates as the company made more loans to businesses. more
The R.I. Commerce Corporation Monday authorized a $3 million investment in the Slater Technology Fund’s new venture capital fund for Rhode Island energy sector startups. more
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