Tuesday, August 4, 2009 Two big banks lag in mortgage aid program
Associated Press Both Bank of America and Wells Fargo got low marks in the first monthly report card on the Obama administration's plan to stem the foreclosure crisis. In March, the government launched a $50 billion program to help up... Forsyth plans Cambridge move
By Chris Reidy, Globe Staff The Forsyth Institute, which sold its Fenway property to the Museum of Fine Arts in 2007, said that it has signed a long term lease in Cambridge. Forsyth, an oral-health research institute, said in a... FiOS TV enhances Facebook, Twitter widgets
By Chris Reidy, Globe Staff Verizon Communications Inc. said that its FiOS TV service is enhancing its recently launched Facebook and Twitter widgets with additional features that give FiOS subscribers even more ways to connect with others and use social... Advanced Electron Beams raises $14.2 million
By Chris Reidy, Globe Staff Advanced Electron Beams said it has closed on a $14.2 million Series C financing, bringing its total amount raised to more than $50 million since October 2005. Headquartered in Wilmington, Advanced Electron Beams provides technology... Hub workers, get ready for your 2.2% pay raises
By Chris Reidy, Globe Staff What with the recession, it might seem that discouraging words are more likely to be heard in the workplace than the glorious phrase "pay raise," but "pay raise" may indeed be on the lips of... CVS, Inverness forge alliance
By Chris Reidy, Globe Staff CVS Caremark Corp. and Inverness Medical Innovations Inc. announced a strategic alliance that they said which will enhance their ability to deliver "more timely, highly coordinated, and personalized health management services." The alliance will help... CVS Caremark 2Q profit jumps 15 percent
(File photo: Steven Senne/AP) Associated Press CVS Caremark, one of the nation's biggest drugstore operators, says its second-quarter profit rose 15 percent, helped by strong pharmacy benefits revenue and a later Easter. The Woonsocket, R.I., company said it earned... RCN selects TiVo as its primary DVR platform
By Chris Reidy, Globe Staff RCN Corp., a provider of high-speed Internet, voice, and cable TV and video services, said it has entered a strategic relationshsip with TiVo Inc. to offer "co-branded, uniquely configured TiVo High Definition DVRs to its... With milk prices low, more Vermont dairies close
(File photo: Caleb Kenna for The Boston Globe) Associated Press ALBURGH, Vt. -- Milk prices are down. So are spirits on Newton Reynolds' dairy farm, where red ink is flowing faster than the milk from his Holsteins. Last year,... Hancock fund increases monthly distribution
By Chris Reidy, Globe Staff John Hancock Patriot Premium Dividend Fund II said in a press release that it will increase its monthly distribution by 16.5 percent to $0.0705 per share, up from $0.0605 per share effective with the fund's... Ariad Pharmaceuticals to offer 17 million shares
Associated Press Ariad Pharmaceuticals Inc., a Cambridge company, said it will offer 17 million shares in a public offering. For 30 days, underwriters have the option to buy up to 2.5 million additional shares to cover over-allotments. Chief executive Harvey... Today in Globe Business
Loan losses still battering Citizens' bottom line Citizens Financial Group Inc., which runs the second-largest retail bank in Massachusetts, continues to suffer heavy losses from bad loans. RBS Citizens, the subsidiary that includes most of Citizens? banking operations, reported a... Monday, August 3, 2009 BJ's helps establish lab at Beth Israel Deaconess
By Chris Reidy, Globe Staff A new research lab will open in September at the Beth Israel Deaconess Medical Center, and it will be called the Michael Egan Memorial Research Laboratory for Melanoma Translational Research, Beth Israel said. The lab,... | 
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