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CVS launches new product line, releases CSR report
CVS Caremark Corp.’s CVS/pharmacy division announced the official launch of “Total Home,” a home care product line that includes more than 150 different items. more
| 5/9/13
Foreclosures fall in Prov. metro in April, but more to come in R.I.
April foreclosure starts in the Providence-Fall River-New Bedford metropolitan area dropped 7.8 percent, and completed foreclosures fell 32.5 percent compared with the same period last year, according to RealtyTrac’s latest report. more
| 5/9/13
Kopin Corp. moves into black in 1Q on strength of sold business
Wearable-technology-maker Kopin Corp. posted a $21.6 million profit during the first quarter of 2013, mostly due to $20.2 million in income from its divested III-V operations as well as an income tax benefit of $13 million, the company announced after close of business Wednesday. more
| 5/9/13
Lin TV profits fall as operating expenses climb
Lin TV Corp. saw its bottom line drop even as revenue rose 36.6 percent during the first quarter of 2013, the company reported Thursday. The decrease came about thanks to an increase in operating expenses as well as a more than doubling of depreciation and amortization expense recognized in the period. more
| 5/9/13
Van Saun to head Citizens in U.S. as Alemany retires
Royal Bank of Scotland Group Plc named Nathan Bostock as finance director to replace Bruce Van Saun, who is moving to run Citizens Financial Group Inc. as the British lender prepares to sell a stake in the U.S. division. more
BofA faces narrowed claims in lawsuit over Fannie Mae mortgages
A judge narrowed a $1 billion lawsuit by the U.S. against Bank of America Corp. over mortgages the bank and its Countrywide unit sold to Fannie Mae and Freddie Mac. more
WaterFire receives EPA grants to clean up future Valley Street home
The EPA today announced that WaterFire Providence is one of two Providence organizations that will receive cleanup grants to be disbursed through the EPA’s Brownfields Program. Brownfields … more
Medicare data show disparity in hospital charges, payments
Leaders of the Rhode Island Health Insurance Small Employer Taskforce are calling for greater transparency in health care provider finances following the release of national data for the top 100 most frequently billed procedures under Medicare. more
R.I. to participate in Results First Initiative
Rhode Island has been selected as the 14th partner state in the Pew-MacArthur Results First Initiative, a program that helps states assess the costs and benefits of fiscal policy options and make better decisions based on informed results, Gov. Lincoln D. Chafee announced. more
| 5/8/13
BofA traders post gains all quarter as Morgan Stanley stumbles
Bank of America Corp.’s traders posted gains every business day during the first quarter as Morgan Stanley’s lost money in eight sessions, double the rate a year earlier. more
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