Friday, June 5, 2009 Mass. AG obtains judgment against mortgage broker
A Florida-based mortgage broker and its manager have been ordered to pay nearly $481,000 in penalties and fees for deceiving home buyers into purchasing homes they could not afford. Attorney General Martha Coakley said in a statement that Zeus Funding... Senior Fidelity executive Adams exits fund giant
Fidelity Investments said that the head of its technology and real estate operations is leaving the mutual fund giant. Marvin Adams joined Boston-based Fidelity in December 2007 as president of its Shared Services division where he oversaw groups that run... Palomar says FDA approved at-home wrinkle laser
Palomar Medical Technologies Inc. said today it has received approval to market a home-use laser device to treat wrinkles around the eyes. Burlington-based Palomar said it received approval from the Food and Drug Administration to market the laser device over-the-counter... Boston Properties prices offering at $50 per share
Real estate investment trust Boston Properties Inc. said Friday it priced a public offering of 15 million shares at $50 per share. The office properties owner and developer said underwriters would get an option to purchase up to nearly 2.3... Who, What, Where
Stephen L. Deschenes has been named senior vice president and general manager of the annuities unit of the US division of Sun Life Financial Inc. The US division is based in Wellesley. Deschenes joins Sun Life from MassMutual Financial Group,... Frontline show will focus on Bank of America
WGBH, the local public television station, said it has scheduled a June 16 program that focuses on Bank of America Corp. and its role in the financial crisis. (In 2004, North Carolina-based Bank of America bought FleetBoston Financial Corp.... Toffee for Your Coffee is Dunkin’ winner
(The photo of "Toffee for Your Coffee" was provided by Dunkin'.) Jeff Hager has pushed the envelope of breakfast science to win the first-ever "Create Dunkin's Next Donut" contest, Dunkin' Donuts, the Canton-based coffee-and-baked goods chain said today. Hager's... Inverness proposes to acquire British company
Inverness Medical Innovations, the Waltham medical testing company, and Concateno plc said they have reached agreement on a proposal for Inverness to acquire all of Concateno's outstanding share capital. Concateno, located in London, is a European supplier of drugs of... EMC maintains lead in a storage systems market
EMC Corp. of Hopkinton maintained its lead in the external disk storage systems market with a 20.7 percent revenue share in the first quarter, according to a report from IDC. IDC, a Framingham firm that specializes in global market... Streambank tapped for jewelry chain asset sale
Streambank LLC, a Needham consulting firm, said it has been retained to undertake the marketing and sales efforts for the intellectual asset portfolio of Whitehall Jewelers Holdings Inc. The Chicago-based national jewelry retail chain filed voluntary Chapter 11 bankruptcy... Chatham Bars Inn rolls out renovations
Officials at Chatham Bars Inn, an ocean-front resort on Cape Cod, said they have completed a $4 million dollar renovation project of the property. Each of the Main Inn's 40 guest rooms "has been completely refinished with new central... Today in Globe Business
In tight market, big demand for used cars drives up prices RAYNHAM - Drivers are snatching up an increasingly limited supply of used vehicles at some of the highest prices in years, even as auto dealers struggle to unload new... Thursday, June 4, 2009 A few users post most Twitter content, study says
A tiny fraction of those who use Twitter generate nearly all the content, a Harvard study shows. That makes it hard for companies to use the micro-blogging site as an accurate gauge of public opinion, the Harvard Business School study... Whistle-blower says a lot of Madoff money is gone
Bernard Madoff probably had large sums of money in offshore accounts that will never be recovered, whistle-blower Harry Markopolos said at a financial conference at Boston College tonight. Markopolos, the now-famous financial investigator who tried unsuccessfully for 10 years to... GM's Norton parts center won't close for 14 months
General Motors Corp. will delay the closing of a parts distribution center in Norton that it had planned to shutter by the end of the year, temporarily saving about 70 jobs, according to US Congressman Barney Frank's office. The Norton... | 
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