Updated May 29 at 5:24am
Investing
309 results total, viewing 91 - 100
U.S. stocks rose, with gains in banks and drugmakers helping to turn the Standard & Poor’s 500 Index positive for the year as the gauge headed for its longest weekly winning streak since November. more
Nortek Inc. reported lower revenue and a loss for the third quarter that ended Sept. 26, blaming market rumors due to an unsolicited proposal to acquire the company for dragging down business. more
United Natural Foods Inc. reported an increase in sales and profit in its fiscal third quarter, but the company fell short of analysts’ estimates. more
Sears Holdings Corp., the struggling retailer run by hedge fund investor Eddie Lampert, will shut almost 80 stores as part of a push to make the company profitable again. more
Middle-market private equity firm Nautic Partners LLC said it has completed fundraising for its eighth fund, closing on $900 million after raising its cap due to strong demand from new and existing investors. more
The U.S. Small Business Administration of Rhode Island is hosting a “meet the lenders” event this month to help small-business owners connect with lenders to discuss financial needs. more
Jonathan Nelson, Providence Equity Partners’ CEO, is the richest person in Rhode Island, according to Forbes, which released its list Wednesday of the richest person in every state. more
The CEO of Providence Equity Partners has made the “2015 Forbes 400” list of the richest people in America, sharing space with the likes of No. 1 Bill Gates, the Microsoft mogul worth $76 billion, and No. 2 Warren Buffett, the head of Berkshire Hathaway, worth $62 billion. more
Nortek Inc. reported a 0.8 percent decline in revenue and narrowed its loss by 41.4 percent for 2015. more
BNY Mellon Wealth Management is hosting a panel discussion next month to explore how companies, regardless of size, should be thinking about growing through acquisitions. more
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