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April 11, 2008 Archives

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Snag with FM Global's new headquarters?

5:27 PM Fri, Apr 11, 2008 | | Write a comment
By Paul Parker    Email

JOHNSTON — The landlord for one of the world’s largest commercial property insurance companies has asked the town to stop the company from building a new headquarters on an adjacent parcel of land — at least for now. PREFCO, also......

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Ross-Simons opens 14th jewelry store

4:48 PM Fri, Apr 11, 2008 | | Comments (1)
By Paul Grimaldi    Email

Cranston-based Ross-Simons opened its 14th store, this one in Stamford, Conn., today. Founded in 1952, the company sells jewelry in its stores, in catalogs, on its Internet Web site and through televised shopping channels. Ross-Simons is controlled by Freeman Spogli......

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Newport Creamery to reopen in Cranston

4:37 PM Fri, Apr 11, 2008 | | Write a comment
By John Kostrzewa    Email

The owner of the iconic Newport Creamery chain is reopening its restaurant Saturday in the Garden City Shopping Center after a renovation project it hopes will serve as a prototype for the 13-outlet chain. The Jan Cos., of Cranston, tried......

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Textron reforecasts earnings

12:50 PM Fri, Apr 11, 2008 | | Write a comment
By John Kostrzewa    Email

Providence-based Textron Inc., the world's biggest maker of business jets through its Cessna unit, said first- quarter earnings surpassed the company's previous forecast of 75 cents to 85 cents a share. “Slightly weaker-than-forecasted” results at its finance segment were more......

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Tax time: You knew it was coming, but are you ready?

12:44 PM Fri, Apr 11, 2008 | | Write a comment
By John Kostrzewa    Email

But just in case you procrastinated, the Providence Main Post Office will stay open Tuesday until midnight for people looking to mail last-minute income tax returns. Of course, these days, taxpayer responsibilities can be taken care of online. Find tax......

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Acquirer of Brooks drug stores posts loss

8:35 AM Fri, Apr 11, 2008 | | Write a comment
By John Kostrzewa    Email

Rite Aid Corp. reported a fourth-quarter loss of $960.4 million, largely due to costs from the acquisition of 1,850 Brooks and Eckerd stores it acquired last June. The company, based in Pennsylvania, said it expects to lose money in fiscal......

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