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Social Venture Partners of Rhode Island provided a $20,000 loan to Metryx LLC, “further strengthening the collaboration between these two organizations,” said SVPRI in a release.
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By PBN Staff
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Capital Properties Inc. reported a 33.5 percent drop in profit to $340,000, or 5 cents per share, during the first quarter of 2013 compared with earnings of $511,000, or 8 cents per share, during 2012.
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By PBN Staff
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UnitedHealthcare Employer & Individual of New England has been named the new title sponsor for the UnitedHealthcare Newport Marathon, taking over for Lincoln-based Amica Mutual Insurance Co., which held the title sponsorship position since 2009.
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By PBN Staff
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U.S. stocks advanced, putting the Standard & Poor’s 500 Index on track for its fourth straight week of gains, as gauges for leading indicators and consumer sentiment advanced more than estimated.
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By Nikolaj Gammeltoft and Namitha Jagadeesh |
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Moody’s Investors Service – a globally recognized rating company – affirmed the ‘A2’ rating on 38 Studios’s bonds since the bonds’ “stable” outlook is based on the state’s moral obligation pledge, which high-ranking Rhode Island officials say they intend to honor.
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By Emily Greenhalgh |
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Janney Montgomery Scott LLC, a full-service wealth management, financial services and investment banking firm headquartered in Philadelphia, has announced the successful closing of the state of Rhode Island's $122.95 million general obligation bond issue, which sold on April 24.
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By Michael Souza |
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A.H. Belo Corp., the parent company of The Providence Journal and three other daily newspapers, declared a quarterly cash dividend of 6 cents per share, even as the company reported a net loss of 18 cents per share during its first quarter.
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By PBN Staff
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On April 5, at a signing ceremony attended by a bipartisan group of lawmakers and entrepreneurs from around the country, President Barack Obama signed into law the Jumpstart Our Business Startups – or Jobs – Act. In his remarks prior to the ceremony, President Obama described the act as “a potential game-changer” for startups and small businesses.
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GUEST COLUMN: Alexandra W. Pezzello and Theodore B. Howell
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6/4/12
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Finard Coventry Hotel Management announced Thursday that it has closed on its $16 million purchase of the Providence Biltmore hotel.
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By Rebecca Keister |
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PROVIDENCE – Beleaguered video game company 38 Studios LLC last week declared Chapter 7 bankruptcy, as a formal investigation of the company began.
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6/11/12
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