Friday, July 24, 2009

Daily Business Update from the Boston Globe

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Friday, July 24, 2009

Citizens names new president
By Todd Wallack, Globe Staff Citizens Financial Group Inc., one of the region's largest banks, named a new president for its Massachusetts unit today. Stephen R. Woods, 48, the company's director of mid-corporate banking, will become president of Citizens Bank...

Sepracor stock rises on strong 2Q earnings
Reuters Sepracor Inc., which makes the sleep drug Lunesta, posted higher-than-expected second-quarter earnings Friday and boosted its forecast for the year, sending its shares up 3.7 percent. Sepracor's fortunes have improved since it announced in January it would cut some...

Amazon scores 40,000 books from UMichigan
Associated Press Amazon.com Inc., the world?s largest Internet retailer, reached an agreement with the University of Michigan to print copies of thousands of books in the school?s collection whose copyrights have expired, the university said in a statement July...

Today in Globe Business
Dow rockets beyond 9,000 By Gerry Shih, New York Times NEW YORK - The numbers are a bit breathtaking: In a little more than four months, the Dow Jones industrial average has leapt more than 2,500 points - nearly 39...

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