Projo Biz Blog

February 13, 2008 Archives


Rail investments could pay off for Quonset

5:11 PM Wed, Feb 13, 2008 | | Write a comment
By Benjamin N. Gedan    Email

Journal archive photo / Bill Murphy A cargo ship at port in Quonset last summer, where it unloaded imported automobiles. The Wall Street Journal reported today that increased traffic on U.S. highways and higher gas prices are pushing more......

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Cox, Verizon considering changes in Internet policies

4:56 PM Wed, Feb 13, 2008 | | Write a comment
By Benjamin N. Gedan    Email

Local Internet providers Verizon Communications and Cox Communications are considering major changes in their broadband policies regarding video downloads. The Wall Street Journal reported today that Verizon may eventually charge its Internet subscribers based on the amount of data downloaded......

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Partridge Snow law firm expanding in Rhode Island

1:12 PM Wed, Feb 13, 2008 | | Write a comment
By Benjamin N. Gedan    Email

The Providence law firm Partridge Snow & Hahn has opened a new office in Warwick. The firm, founded in 1988 by eight partners, now describes itself as "one of the largest law firms in Southeastern New England." It has offices......

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Alexion to announce earnings tomorrow

1:04 PM Wed, Feb 13, 2008 | | Write a comment
By Benjamin N. Gedan    Email

Alexion Pharmaceuticals Inc. will discuss its fourth-quarter earnings tomorrow, Thursday, Feb. 14, the company announced. The earnings conference call and audio Web cast begin at 10 a.m. Alexion, based in Cheshire, Conn., recently completed the transformation of the former Dow......

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Reed seeks better accounting rules after subprime mess

8:09 AM Wed, Feb 13, 2008 | | Write a comment
By John Kostrzewa    Email

U.S. Sen. Jack Reed, citing concern that banks may have used lax standards to hide potential losses on mortgage-backed securities, asked the Financial Accounting Standards Board what it's doing to stiffen rules. Reed, D-RI, asked FASB Chairman Robert Herz whether......

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Citizens chairman testifies in Washington, D.C.

8:02 AM Wed, Feb 13, 2008 | | Write a comment
By John Kostrzewa    Email

Larry Fish, chairman of Providence-based Citizens Financial Group, is scheduled to testify today in Washington, D.C. regarding the 30th anniversary of the Community Reinvestment Act, which requires banks to invest in their communities. The hearing is being held by the......

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