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S&P 500 rally shows analysts slow or investors too sanguine
The advance that pushed the Standard & Poor’s 500 Index to a record left companies trading closer to analyst price estimates than any time in at least seven years. more
RBS shareholders sue for $6B on 2008 rights offering
Royal Bank of Scotland Group Plc and former CEO Fred Goodwin were sued by about 12,000 shareholders who said the lender misled them in 2008 when it issued new shares months before a government bailout. more
Brown profs. attend White House brain initiative announcement
When President Obama announced his new $100 million Brain Research through Advancing Innovative Neurotechnologies initiative from the East Room at the White House on April 2, two Brown University professors, who had helped to plan this sweeping new vision for brain research, attended the ceremony. more
Chafee picks Valois for second go-round to lead EDC
Gov. Lincoln D. Chafee Monday nominated Marcel A. Valois, former executive director of the R.I. Economic Development Corporation, to take over leadership of the quasi-state agency again. Valois previously led the EDC under then Gov. Lincoln Almond in the 1990s. more
| 4/8/13
Europe’s banks may need to shrink to cut costs, Barclays says
The European banking industry may have to consolidate further if revenues don’t recover and firms don’t achieve their cost-savings targets, according to a Barclays PLC research note. more
Bryant signs partnerships with Chinese education minister
Bryant University President Ronald K. Machtley and Ping Hao, the vice minister of Education for the People’s Republic of China, signed two new joint partnership agreements on Sunday in a ceremony at the president’s campus residence. more
Poverty, income disparities abound for R.I. children
The findings of the 2013 Rhode Island Kids Count Factbook released Monday at a policy breakfast at the Crowne Plaza Providence-Warwick revealed a growing income gap between the richest and poorest families. more
EpiVax creates recipe for novel vaccine approach to new flu strain
An analysis of the new strain of what’s being called Shanghai bird flu, conducted by Dr. Anne S. De Groot and her team of researchers at EpiVax Inc., has concluded that there may be the need to develop a new vaccine to combat a potential devastating outbreak of the disease. more
Boston explosions kill 3, injure scores at marathon’s finish
Bombings killed three people, injured scores and sent smoke and flame soaring near the Boston Marathon’s finish line, triggering an FBI investigation into what authorities described as an act of terror. more
Textron cuts 2013 jet outlook on 1Q earnings
Textron Inc. – parent of Bell Helicopter, Cessna Aircraft Company and Textron Systems – posted net income of $119 million, or 41 cents per diluted share, during the first quarter, a very slight increase from the $118 million, or 40 cents per diluted share, it posted during the first quarter of 2012. more
| 4/17/13
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