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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.
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By Rita Nazareth |
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Global private equity firm Providence Equity Partners has acquired Reno, Nev.-based Miller Heiman, Miller announced Wednesday.
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By PBN Staff
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Candescent Partners, the private equity firm that purchased Koch Eye Associates in March, has acquired Dartmouth-based Eye Health Vision Centers.
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By PBN Staff
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If you ask Parker Wells, the Rhode Island Business Plan Competition played a major role in the success of his startup, Overhead.fm of Providence. Without it, he said his company would have had difficulty paying licensing fees and developing an app crucial to his business.
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By Michael Souza |
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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.
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By Rebecca Keister |
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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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MidOcean Partners acquired Agilex Flavors & Fragrances from Providence-based middle-market private equity firm Nautic Partners LLC on Dec. 19, 2012, MidOcean announced Wednesday.
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By PBN Staff
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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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Nabsys Inc., a life sciences company focused on the creation of a single-molecule platform for genomic analysis, has closed a $20 million Series D financing round, the company announced Wednesday.
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By Emily Greenhalgh |
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Bank of America Corp. agreed to a $2.43 billion settlement with investors who suffered losses during its acquisition of Merrill Lynch & Co., resolving one of the biggest legal battles to stem from the takeover.
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By Bradley Keoun and Zachary Tracer |
