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April 22, 2008 Archives

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Hotels, restaurants go "green" to attract environmentally-conscious visitors

3:38 PM Tue, Apr 22, 2008 | | Write a comment
By Tim Barmann    Email

PROVIDENCE – The amenities list in a hotel guidebook may soon look like this: indoor pool, premium movie channels, and low carbon footprint. The major tourism groups in Rhode Island are embracing the public’s growing concern about global warming and......

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Middletown company posts earnings

12:53 PM Tue, Apr 22, 2008 | | Write a comment
By John Kostrzewa    Email

KVH Industries, Inc., (KVHI:Nasdaq) yesterday reported first quarter revenue of $23.1 million, up 13% from last year’s first quarter. Net income was $1.6 million , or 11 cents per-diluted share, compared with $57,000, or breakeven on a per- diluted share......

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RI towns commit to energy-saving program

12:50 PM Tue, Apr 22, 2008 | | Write a comment
By John Kostrzewa    Email

More than 100 communities in the region, including four in Rhode Island, have committed to curb energy use, cut greenhouse gas emissions, and save money through the EPA New England Community Energy Challenge. They will assess energy use, improve energy......

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Citizens' parent writes off bad debt, plans share offering

8:02 AM Tue, Apr 22, 2008 | | Write a comment
By John Kostrzewa    Email

Royal Bank of Scotland Group Plc, the owner of Providence-based Citizens Financial Group, will sell $23.7 billion of new shares to investors to boost capital depleted by writedowns. Stock in Royal bank fell as much as 5.7 percent in London......

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Infant products company makes acquisition

7:57 AM Tue, Apr 22, 2008 | | Write a comment
By John Kostrzewa    Email

Summer Infant, Inc., of Woonsocket, said it completed the acquisition of Kiddopotamus & Company, a manufacturer and supplier of infant nursery, travel and feeding accessories. Kiddopotamus, based in Stilwell, Kansas, manufactures a broad range of infant safety, comfort and developmental......

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