Providence Business News Daily Edition - BankRI triples 2Q net income as expenses decline

YOUR DAILY EDITION   Thursday, July 22, 2010 PBN Home | RSS Feed     TODAY'S TOP STORIES BankRI triples 2Q net income as loan-loss provisions and charge-offs decline Bancorp Rhode Island Inc., the parent of Bank Rhode Island, posted a second-quarter profit of $2.68 million Thursday, more than three times the $740,000 net income reported in the year-ago period. Wash Trust posts 41% jump in 2Q profit, thanks to lower costs June home sales, prices rise, as effects of homebuyer credit still felt Stimulus money funds $4.7M in grants for renewable energy projects Blue Cross cuts staff, looks to increase fraud prevention LIN TV reverses 2009 loss with $25M profit in 2Q Hasbro, Mattel see Comic-Con as chance to burnish brands Report: RBS to book $87B in risky asset losses in 2010 Main Street: Firm’s success no roll of the dice: Providence-based Crisloid finds niche with high-end backgammon products This Week's Poll: Should Gov. Donald L. Carcieri fill the eight empty CRMC seats immediately? NEWS BY INDUSTRY Business Women Main Street Creative Economy Manufacturing Education Newsmakers Energy Politics Environment Real Estate Financial Services Retail Health Care Technology Hospitality & Tourism Work Force Insurance More... SUBSCRIBE TO PBN Get full access to PBN.com as well as the weekly print edition delivered to your home or office, for as little as $89 per year. For More News Go to PBN.com Contact Us This e-newsletter sponsored by: To unsubscribe from this newsletter, click here. PROVIDENCE BUSINESS NEWS | 220 WEST EXCHANGE STREET | PROVIDENCE R.I. | (401) 273-2201