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Stocks rise as home sales climb amid stimulus optimism
U.S. stocks rose, with the Standard & Poor’s 500 Index heading for its sixth straight month of gains, as pending sales of homes climbed amid optimism central banks will maintain stimulus plans. more
Handy & Harman subsidiary acquires Wolverine Joining Technologies
White Plains, N.Y.-based Handy & Harman Ltd.’s subsidiary Lucas-Milhaupt Inc. has acquired the assets of Wolverine Joining Technologies, the companies announced Monday. more
| 4/29/13
Pending sales of existing homes climbed 1.5% in March
More Americans than forecast signed contracts in March to buy previously owned homes, another indication of progress in the housing market. more
Pump prices continue to slide in R.I., Mass.
Gasoline prices in the Ocean State fell 2 cents this week in the eighth consecutive week of price declines, AAA Southern New England reported Monday. more
| 4/29/13
Santander names Javier Marin as CEO after Saenz quits
Banco Santander SA, Spain’s biggest bank, named Javier Marin as its new CEO, turning to a leader from a younger generation after Alfredo Saenz resigned. more
Consumer spending climbs more than forecast on U.S. services
Consumer spending in the U.S. rose more than projected in March, reflecting a jump in outlays for services that is unlikely to be repeated, signaling the biggest part of the economy will soften this quarter. more
MassBenchmarks: State has ‘excellent’ 1Q
Massachusetts’ real gross state product increased at a 3.9 percent annualized rate during the first quarter, according to the Current Economic Index released Friday by MassBenchmarks. more
| 4/26/13
PBN honors local business women
Exceptional women from Rhode Island businesses in six industry categories, as well as a leading career achiever and an outstanding mentor, were chosen for Providence Business News’ sixth annual Business Women Awards program. more
| 4/26/13
WaterFire lands $50K NEA grant
WaterFire Providence has been selected as one of 817 nonprofit organizations nationwide to receive a National Endowment for the Arts grant, the national organization announced Friday. more
Covidien’s profits drop in 2Q as sales rise 5%
Medical technology maker Covidien Plc reported second-quarter earnings of $439 million, or 92 cents per diluted share, an 11.7 percent drop from the $497 million, or $1.02 per diluted share, it reported during the second quarter of 2012. more
| 4/26/13
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