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May 13, 2008 Archives

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Astro-Med forecasts 14 percent sales growth

3:36 PM Tue, May 13, 2008 | | Write a comment
By John Kostrzewa    Email

Astro-Med Inc. (ALOT:Nasdaq) said today that sales for the first quarter that ended May 3 are anticipated to increase about 14 percent from the comparable period a year ago. The company also expects to report earnings per diluted share of......

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Ohio Lottery plans to replace GTECH

10:06 AM Tue, May 13, 2008 | | Write a comment
By John Kostrzewa    Email

The Ohio Lottery said it wants to replace GTECH, the Providence-based vendor that has operated the lottery’s gaming system since 1985. The lottery said that it wants Intralot to replace GTECH Corp. in July 2009. The contract will go before......

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Hasbro hires creative director for movie projects

8:57 AM Tue, May 13, 2008 | | Write a comment
By Paul Grimaldi    Email

Pawtucket-based toymaker Hasbro Inc. (HAS:NYSE) has appointed a movie business veteran to serve as its liaison to the motion picture industry. Hasbro said yesterday it hired Bennett Schneir, who most recently served as an underling to noted filmmaker Robert Zemeckis,......

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Arizona-based equipment renter buys RI company

8:14 AM Tue, May 13, 2008 | | Write a comment
By John Kostrzewa    Email

RSC Holdings Inc.. based in Scottsdale, Arizona, said this morning it has agreed to acquire the operations and certain assets of American Equipment Rentals, based in Providence. Terms were not disclosed. America provides aerial equipment, forklifts and other rental equipment......

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Economic index shows deeper recesssion in RI

8:01 AM Tue, May 13, 2008 | | Write a comment
By John Kostrzewa    Email

The Current Conditions Index, a measure of the strength of Rhode Island’s economy, showed a severe contraction in March for the third month in a row. “The year 2008 continues to be a nightmare for Rhode Island’s economy,” said Leonard......

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