Investing
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Prov. Equity, Madison Dearborn to maintain control of CDW
The private equity firms of Providence Equity Partners and Madison Dearborn Partners LLC will maintain a controlling stake in Chicago-based computer equipment maker CDW Corp. after a $500 million planned stock sale, reported Crain’s Chicago Business. more
| 3/25/13
Capital Properties profits drop 28% in 2Q
Capital Properties Inc. reported a 28 percent drop in profits from $807,000, or 12 cents per diluted share, during the second quarter of 2011 to $578,000, or 9 cents per diluted share, during the same period this year. more
| 7/31/12
Fidelity employees help feed more than 8,000
Employees at Fidelity Investments spent one recent week focusing on a different type of investment – efforts to benefit the Rhode Island Community Food Bank. more
8/6/12
Stocks rise to highest level since May after jobs report
U.S. stocks rose, sending the Standard & Poor’s 500 Index toward the highest level since May, after data showed payrolls climbed more than forecast even as the jobless rate unexpectedly rose to a five-month high. more
GM invests in NanoSteel
General Motors Ventures LLC has invested in The NanoSteel Co., a maker of nano-structured steel materials design, the company announced Monday. more
Slater invests $130K more in MoFuse
Rhode Island public venture capital firm Slater Technology Fund has added $130,000 to its investment in Warwick mobile Internet management company MoFuse, Slater announced Tuesday. more
Demographics, uncertainty spur growth
When Nikki Parness, a certified financial planner with a decade of experience crossing the public and private sectors, wanted to go independent after five years at Fidelity Investments, she knew there would be more to change than her office location. more

By Rebecca Keister
PBN Staff Writer | 9/17/12

SEED holds free entrepreneurial workshops
The South Eastern Economic Development Corp. will hold free basic business workshops throughout the region this fall and winter to assist potential and existing entrepreneurs more
TheStreet upgrades Projo parent company’s rating
A.H. Belo Corp., the Dallas-based parent company of the Providence Journal and three other daily newspapers, has been upgraded from “sell” to “hold” by TheStreet Ratings. more
| 9/19/12
U.S. 10-year swap spreads may widen after inverting, BofA says
The difference between U.S. 10-year interest-rate swaps and Treasuries of comparable maturity may widen as changes in fiscal, monetary and regulatory policy limit the debt’s supply, Bank of America Corp. said. more
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