Wednesday, July 29, 2009 Fidelity to offer IPO shares to brokerage customers
Reuters Mutual fund giant Fidelity Investments said today it struck a second deal to offer brokerage customers shares of initial public offerings, this time with Deutsche Bank AG (DBKGn). In June, Fidelity announced a similar agreement -- the first of... Phantom Gourmet picked up for five more years
By Johnny Diaz, Globe Staff The Phantom Gourmet will continue cooking for another five years on Boston's WSBK-TV (Channel 38) with expanded coverage. The restaurant and food review show, which is hosted by Dan Andelman, who runs it with his... Bartlett, Byrnes join Boston Scientific board
Boston Scientific Corp. today announced that the company's board of directors has elected Katharine T. Bartlett and Bruce L. Byrnes as directors. Bartlett, 62, is the A. Kenneth Pye Professor of Law at the Duke University School of Law, where... Afilliated Managers Group reports lower profit
Reuters Affiliated Managers Group Inc. reported lower second-quarter earnings today, as the holding company for money managers earned lower fees during the financial crisis. Affiliated Managers, which owns stakes in mutual fund firm Third Avenue Management and hedge fund firm... American Tower's profit falls 65 percent
Associated Press American Tower Corp. said today that its second-quarter profit dropped 65 percent, hurt by a higher tax rate even as sales climbed. The company, which owns wireless communications towers, earned $56.3 million, or 14 cents per share, compared... Timberland reports second-quarter results
By Globe Staff Timberland Co., a New Hampshire company known for rugged yellow boots and outdoor apparel, reported a second-quarter net loss of $19.2 million, compared with a second-quarter 2008 net loss of $18.9 million. "Revenue declined 14.4 percent to... World Energy helps Ohio electricity customers
By Globe Staff World Energy Solutions Inc., a Worcester firm that operates of online exchanges for energy and green commodities, today announced it has helped Ohio businesses capitalize on low wholesale electricity prices to procure energy at significant savings over... Talbots names Pfeiffer chairman of board
Associated Press Talbots Inc., the Hingham-based retailer perhaps best known for selling classically styled clothing to middle-age women, said that Gary Pfeiffer has been named chairman of the company's board. Pfeiffer, who is the company's current independent lead director, replaces... Watts Water suffers $3.6m 2Q loss
Associated Press Watts Water Technologies Inc., a North Andover company that makes valves for plumbing, heating, and water needs, said Tuesday it suffered a $3.6 million loss in the second quarter, compared with a year-ago profit, as sales slid 19... Today in Globe Business
Signs point up for state economy By Robert Gavin, Globe Staff The Massachusetts economy has hit bottom and begun a recovery that many analysts expect will be slow and difficult, a variety of economic data suggest. Over the past several... Tuesday, July 28, 2009 Mass. pension fund posts big loss
By Todd Wallack, Globe Staff Hurt by the steep decline in the stock market last summer, the Massachusetts state pension fund reported its worst year in its modern history. The fund lost 23.6 percent, or $12.8 billion, in the fiscal... | 
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