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Updated May 22 @ 7:22PM
 

Investing

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Janney Montgomery Scott LLC, a full-service wealth management, financial services and investment banking firm headquartered in Philadelphia, has announced the successful closing of the state of Rhode Island's $122.95 million general obligation bond issue, which sold on April 24. 4:55 am
A.H. Belo Corp., the parent company of The Providence Journal and three other daily newspapers, declared a quarterly cash dividend of 6 cents per share, even as the company reported a net loss of 18 cents per share during its first quarter. May 21
Swipely CEO Angus Davis was one of many skeptics of Rhode Island’s $75 million loan guarantee to former Red Sox pitcher Curt Schilling’s 38 Studios LLC video game startup two years ago. Now he has even more company in the business community urging state leaders not to sink any more money into the embattled Providence firm since it defaulted on part of its public-financing deal. May 19
Media General – parent company of WJAR-TV NBC 10 – has signed an agreement with Berkshire Hathaway Inc. to sell the majority of its newspapers, the company announced Wednesday. May 17
Bentley Wealth Advisors LLC has merged with Wakefield-based Wealth Management Solutions, the company announced Wednesday. May 16
Research into fighting disease in shellfish and healing burns with vibrations were among eight projects awarded more than $1.4 million in state grants Wednesday. May 9
Treasury notes remained higher after the U.S. sale of $24 billion in 10-year notes drew a record low auction yield. The securities were sold at a yield of 1.855 percent, compared with a forecast of 1.853 percent in a Bloomberg News survey of seven of the Federal Reserve’s 21 primary dealers. May 9
Partner and co-chairman of the corporate department at Posternak Blankstein & Lund talks about venture capital and other issues facing startups. May 1
Judged purely as an investment vehicle the Slater Technology Fund, which has returned $3.4 million on investments of $23.4 million, comes up short, concede managers Richard G. Horan and Thorne Sparkman. Apr 28
Hulu.com owners Walt Disney Co., Comcast Corp. and News Corp. are close to buying out Providence Equity Partners Inc.’s stake at a price valuing the company at about $2 billion, said two people with knowledge of the matter. Apr 27
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