By PBN StaffTwitter: @ProvBusNews
Providence Journal owner New Media Investment Group Inc. narrowed its first quarter loss to $6.1 million, or 14 cents per diluted share, a 9.3 percent improvement over first quarter 2014’s loss.
By PBN Staff
Cadence Inc. reported a 37 percent increase in revenue to $20.7 million in the first quarter, and a 28.7 percent increase in profit to $1.4 million, or 81 cents per share.
Sensata Technologies Inc. reported a 36.1 percent increase in revenue in the first quarter, but a 48.3 percent drop in profit.
Textron Inc. reported increases in profit and revenue in the first quarter, again fueled by the acquisition of planemaker Beechcraft last year.
By Macarena MunozBloomberg News
Banco Santander SA said profit rose 32 percent in the first quarter, propelled by growth in lending on the three continents where it does business.
Most Americans need more help saving for retirement – and a new survey suggests they're increasingly unlikely to get it.
In a survey of 1,003 workers released last week, the Washington-based Employee Benefit Research Institute found that …
By Tara LachapelleBloomberg News
For Omnicare Inc.’s potential suitors, even a $9.8 billion price tag could more than pay for itself.