Wednesday, August 5, 2009 NSTAR will apply for federal stimulus funds
By Chris Reidy, Globe Staff NSTAR, the Boston-based investor owned electric and gas utility, said it is requesting $28 million in matching stimulus funds from the US Department of Energy for "various projects that will pave the way for the... Charles River Labs falls after lowering outlook
Associated Press Shares of Charles River Laboratories International Inc. sank after the company predicted weaker profit and sales for the year. The Wilmington company that breeds mice and rats for researchers said that spending by its biotechnology and pharmaceutical clients... A123Systems is awarded a $249m federal grant
(File photo of A123Systems facility: Dominic Chavez/Globe Staff) By Sean Sposito, Globe Correspondent Watertown lithium-ion battery maker A123Systems is receiving $249 million in federal stimulus funds, nearly a fifth of the money aimed at makers and recyclers of high-tech... Harvard Management Co. hires two execs
By Beth Healy, Globe Staff Harvard Management Co., which runs the nation's largest university endowment, has brought on two new investment executives as it looks to come back from a year of sharp losses. The investment group today said it... Altus reports second-quarter results
By Chris Reidy, Globe Staff Altus Pharmaceuticals Inc. reported a second-quarter net loss attributable to common stockholders of $4.9 million, or $0.16 per share, compared with a net loss attributable to common stockholders of $25.3 million, or $0.82 per share,... Mills is named president of MITX
By Chris Reidy, Globe Staff The Massachusetts Innovation & Technology Exchange, which refers to itself as MITX, named executive director Kiki Mills (left) as president and estimated that New England's digital economy accounts for $28 billion in annual revenues. MITX... Genzyme drug gets European OK
(File photo of a Genzyme plant: Wendy Maeda/Globe Staff) By Chris Reidy, Globe Staff Genzyme Corp. had a welcome bit of news for a change - the Cambridge biotechnology company, which has had its share of challenges lately, said... Iron Mountain announces $450 million debt offering
By Chris Reidy, Globe Staff Iron Mountain Inc., the Boston-based information and records manager, announced today a proposed public offering of $450 million in aggregate principal amount of senior subordinated notes due 2021. Barclays Capital Inc., Banc of America Securities... Internet advertising contracts, IDC reports
By Chris Reidy, Globe Staff Worldwide spending on Internet advertising contracted for the second consecutive quarter, by 5 percent to $13.9 billion from $14.7 billion in the same quarter a year ago, reported IDC, a global market intelligence firm headquartered... No progress in Pratt-union talks
Associated Press SOUTHINGTON, Conn. -- The machinists' union at Pratt & Whitney says no progress has been made in talks with company officials about the possible elimination of 1,000 jobs in Connecticut. The union and representatives of the jet-engine maker... GT Solar fiscal 1st-quarter profit rises 51 percent
Associated Press GT Solar International Inc. of Merrimack, N.H., said Tuesday its fiscal first-quarter profit rose 51 percent on higher revenue. The company, which makes equipment and technology for the solar power industry, earned $7.8 million, or 5 cents per... Inverness Medical Innovations announces offering
By Chris Reidy, Globe Staff Inverness Medical Innovations Inc., a Waltham company that makes medical diagnostics products, said that it intends to offer $150 million of senior notes due 2016 in a public offering Jefferies & Co. Inc., Goldman Sachs... Today in Globe Business
State aided Baker's business triumph Former Attorney General Thomas F. Reilly and Charles D. Baker Jr. were not natural allies. Reilly, a lifelong Democrat, and Baker, a devout Republican, met in January 2000 as Harvard Pilgrim Health Care teetered on... Tuesday, August 4, 2009 Ciara puts in star turn at Staples school supply event
(Photo provided by Staples) By Chris Reidy, Globe Staff Staples Inc., a Framingham-based retailer of office supplies, said that Grammy winning singer-songwriter Ciara (above) put in an appearance at a Staples/Do Something 101 event. Its Do Something campaign seeks... | 
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