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KVH profits surge in 3Q
KVH Industries Inc.’s profit surged 190 percent during the third quarter of 2012, rising to $1.7 million, or 12 cents per diluted share, from the $600,000, or 4 cents per diluted share, reported during the same period in 2011. more
| 10/31/12
PBN revamps PR release policy
Starting Monday, Providence Business News is inaugurating PRlink, a service that guarantees press releases sent to the newsroom of PBN are seen and evaluated, while at the same time offering a paid, self-publishing option that guarantees placement of submitted press releases on PBN.com, among other things. more
| 10/26/12 | 1 comment
38 Studios auction grosses $650K
The public auction of property from 38 Studios LLC's former headquarters at One Empire Plaza, which included items ranging from computers to a 5-foot battle hammer, grossed roughly $650,000, according to the R.I. Economic Development Corporation. more
| 10/26/12
IlluminOss lets go president and CEO
(Updated, 5:20 p.m.) IlluminOss Medical Inc. terminated President and CEO Scott Rader Monday, company founder Robert Rabiner said Wednesday. more
Amgen sales rise to $4.2B in 3Q
Thousand Oaks, Calif.–based Amgen, one of the world’s largest biotechnology companies, saw revenue rise 9.5 percent to $4.3 billion in the three months ended Sept. 30 from $3.9 billion during the same period in 2011. more
| 10/24/12
38 Studios assets head to the auction block
(Updated, 11 a.m.) Computers, chairs, a 5-foot battle hammer and everything else a $75 million state loan guarantee can buy is available today at 38 Studios’ Rhode Island bankruptcy auction. more
EDC approves Alexion tax cut
The R.I. Economic Development Corporation approved a corporate tax cut Monday night for Alexion Pharmaceuticals under the state’s Jobs Development Act. more
Alexion seeks tax-rate cut
Alexion Pharmaceuticals in Smithfield has applied for a corporate tax rate cut under the state’s Jobs Development Act, according to the R.I. Economic Development Corporation. more
38 Studios auction pulls in $180K
Bargain hunters spent $180,000 scooping up office furnishings and video-game equipment formerly belonging to 38 Studios LLC at the company’s Maryland bankruptcy auction last week, the court-appointed receiver in the case announced Thursday. more
38 Studios assets hit auction block in Maryland
Assets from 38 Studios LLC’s Big Huge Games are being auctioned off today as part of the company’s bankruptcy. more
| 10/16/12
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