Business, Economy And Personal Finance News
CANBERRA — Australia’s minority center-left Labor Government needs to boost its standing in the business community but while some sectors of the economy face tough times, longer term fundamentals are positive, Assistant Treasurer Bill Shorten said Sunday. “Yes, some people in business have a hassle with the government and we can always improve our communication [...]
PROVIDENCE – The local hotel tax collections in April totaled $149,121, down 7.9 percent from the $161,859 collected in April 2010. Meanwhile, the local meal and beverage tax collections rose to $1.56 million in April, increasing 5.1 percent from a year earlier, according to the R.I. Department of Revenue. Rhode Island levies a 1 percent [...]
NEWPORT – Newport Bancorp Inc., the holding company for Newport Federal Savings Co., on Friday posted $439,000 in net income for the second quarter, down 12.4 percent from the $501,000 report a year earlier. Despite the drop in profits, earnings per diluted share of 13 cents still beat the 10-cent forecast of the one analyst [...]
Kostulak Lopez Grove Gutierrez — Hydrotex announces the hiring of Allan Ogle, Division Partner in the North Padre Island area. Ogle has an extensive background in optimizing operations and developing cost effective solutions with his customers. Hydrotex is a manufacturer and distributor of high performance lubricant and fuel improver solutions. Hydrotex is committed to sustainable [...]
The banks may not be held in the highest regard by the general public, yet that is nothing compared to their recent unpopularity with investors. Thanks to fears over sovereign debt and regulatory demands, the banking groups have been Europe’s worst-performing sector over the past three months, but yesterday they finally found some friends. Royal [...]
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