Updated December 5 at 12:29am
Investing
313 results total, viewing 81 - 90
Sean McGarry is vice president and retirement plan service manager at Rockland Trust. He talks with Providence Business News about the recent U.S. Department of Labor ruling on the “conflict of interest” regulation, which is designed to protect investors from hidden fees in retirement-investment advice. McGarry breaks down the regulation and how it could affect clients and financial advisers.v more
The British vote to exit – or Brexit – the European Union last month roiled public pension systems, as uncertainty in the international marketplace sent investors scurrying for less-volatile asset classes. Seth Magaziner, Rhode Island’s general treasurer, oversees the state’s $7.5 billion public pension system. He talks with Providence Business News about Brexit, pension performance through the fiscal year that ended June 30 and the effectiveness of its current asset allocation and assumed rate of return. more
This has been a very noisy few months in terms of the information that investors have to think about. The U.S elections have been a wild ride -- surprising and, in many ways, unprecedented. … more
Look out Caterpillar Inc., Textron Inc. and Deere & Co.: You’re showing the telltale signs that you might be targeted by activist investors. more
Bank of America Corp.’s second-quarter trading revenue is on track to rise by “mid-single digits,” CEO Brian Moynihan said Thursday, following optimistic comments a day earlier from JPMorgan Chase & Co. more
Fitch Ratings Inc. affirmed a BBB+ rating with a stable outlook on $67.1 million in outstanding airport revenue debt issued by the R.I. Commerce Corp. more
United Natural Foods Inc. reported an 8.3 percent drop in profit, but slightly higher revenue, in its third quarter earnings report released Monday. more
Henry A. “Bud” Violet is president of the Providence-based Ocean State Business Development Authority. He talks with Providence Business News about a new 504 refinancing program approved by the U.S. Small Business Administration last month. more
United Natural Foods Inc. has entered into an agreement to acquire Haddon House Food Products Inc. for approximately $217.5 million. more
Tiffany & Co. cut its full-year profit forecast after reporting a drop in holiday sales, dragged down by sluggish tourist spending and a strong dollar. more
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