Projo Biz Blog
· Headlines · 25 words · Photos · Tag cloud · Comments · RSS · MultiBlog

April 23, 2008 Archives

« April 22, 2008 | Front page | Archives | April 24, 2008 »

Textron shareholders reject two proposals

12:37 PM Wed, Apr 23, 2008 | | Write a comment
By John Kostrzewa    Email

A labor union came close to winning a shareholder proposal at today’s annual shareholders meeting of Textron. Proposals from shareholders that are not supported by management typically fail. That was the case today for proposals from two separate shareholder groups.......

>> Continue reading Textron shareholders reject two proposals

social bookmarking

Royal Bank's investors raises concerns

10:10 AM Wed, Apr 23, 2008 | | Write a comment
By John Kostrzewa    Email

Tom McKillop, chairman of Royal Bank of Scotland Group, owner of Providence-based Citizens Financial Group, this morning said plans to raise $24 billion in a rights offer serves the “best interests” of shareholders. “It does not mean destruction of value,”......

>> Continue reading Royal Bank's investors raises concerns

social bookmarking

Bank fraud hits RI, NH

8:04 AM Wed, Apr 23, 2008 | | Write a comment
By John Kostrzewa    Email

A New York City man has been sentenced to more than six years in prison after pleading guilty to a bank fraud that prosecutors say netted $42,000 from accounts in New Hampshire and Rhode Island in two days. Twenty-eight-year-old Warren......

>> Continue reading Bank fraud hits RI, NH

social bookmarking

Washington Trust to open new Providence branch

8:01 AM Wed, Apr 23, 2008 | | Write a comment
By John Kostrzewa    Email

The Washington Trust Company said it will open a new branch at 156 Westminster Street in Providence’s Financial District on Aug. 1. The bank’s current Providence Branch, located at 180 Washington Street, will relocate to the Westminster address at that......

>> Continue reading Washington Trust to open new Providence branch

social bookmarking

Raytheon's chief paid $15 million in 2007

7:42 AM Wed, Apr 23, 2008 | | Write a comment
By John Kostrzewa    Email

Raytheon Co. Chairman and Chief Executive William H. Swanson received 2007 compensation of nearly $15 million, up almost 25 percent from the previous year, according to regulatory filing Tuesday by the world’s fifth-largest defense contractor. Swanson received $1.23 million in......

>> Continue reading Raytheon's chief paid $15 million in 2007

social bookmarking