Monday, September 14, 2009 Sycamore Networks reports wider 4Q loss
Associated Press Sycamore Networks Inc. said its fiscal fourth-quarter loss widened as communications service providers pulled back on equipment spending and the company was forced to take a hefty accounting write-off. The Chelmsford-based company lost $34.9 million, or 12 cents... Who, What, Where
Thomas McCourt has joined Ironwood Pharmaceuticals Inc. as chief commercial officer and senior vice president of marketing and sales. McCourt will be responsible for overall commercial strategy and execution and will lead Cambridge-based Ironwood's growing marketing and sales team. McCourt... Tervela closes on $18 million financing
Tervela said in a press release that it has raised $18 million in new equity financing from investments by Goldman Sachs, Sigma Partners, Acartha Group, and North Hill Ventures. With offices in New York and Acton, Tervela designs and develops... Report: Consumers crave premium burgers
(File photo of Angus burgers from McDonald's: Jeff Kauck/Bloomberg News) By Chris Reidy, Globe Staff America's love affair with the hamburger is no fair-weather fling. The recession has many cash-strapped consumers skimping on discretionary purchases, but when it comes... Boston Scientific is downgraded on sales forecast
Associated Press Shares of medical device maker Boston Scientific Corp. fell after an analyst said that the Natick-based company will see slower sales growth for its two main product lines. UBS analyst Bruce Nudell downgraded the company's shares to "neutral"... Mass. gas prices drop a penny a gallon
The average price for a gallon of gas in Massachusetts dropped a penny, the second straight week prices have fallen, AAA Southern New England reported. AAA?s Sept. 14 survey of prices in Massachusetts found self-serve, regular unleaded averaging $2.609 per... Mascoma enters supply agreement with Chevron
Mascoma Corp. of Lebanon, N.H., said that it has entered into a feedstock processing and lignin supply agreement with Chevron Technology Ventures, a division of Chevron USA Inc. "Under terms of the agreement, CTV will provide various sources of lignocellulosic... Timberland takes aim at college adventurers
(Image provided by Timberland) By Chris Reidy, Globe Staff In the Harvard Square MBTA station, they're nearly inescapable - ads everywhere for Timberland Co. promoting the New Hampshire company's Mountain Athletics, a new line of footwear aimed at urban... EMC hires Intel's Gelsinger to be president
EMC Corp., the Hopkinton-based data storage giant, said that Pat Gelsinger has joined EMC as president and chief operating officer. Gelsinger, 48, joins EMC from Intel Corp., where he most recently served as senior vice president and co-general manager of... Nixon Peabody scores high on equality index
Nixon Peabody LLP, a law firm with offices in Boston, said it has received the highest rating ? 100 percent ? from the Human Rights Campaign in its annual Corporate Equality Index for the fourth straight year. Nixon Peabody said... BNY Mellon renews One Boston Place lease
By Chris Reidy, Globe Staff The Bank of New York Mellon has renewed its lease for 362,293 square feet at One Boston Place in Boston, said a broker involved in the transaction. The broker, CB Richard Ellis, said the bank... Boston Scientific unit forms marketing alliance
By Chris Reidy, Globe Staff Boston Scientific Corp., the Natick company that makes medical devices, said it has entered into a co-marketing agreement with Bladder Health Network, a privately held company offering advanced testing solutions for urinary incontinence. "As part... Integra buys spinal implant maker for $9.3 million
Associated Press Integra LifeSciences Holdings Corp. said it bought almost all of the assets of implant maker Innovative Spinal Technologies Inc. in a bankruptcy auction for almost $9.3 million. Mansfield-based Innovative, whose products include the Paramount MIS/Open minimally invasive lumbar... Hygeia appoints Gamzu as chairman
By Chris Reidy, Globe Staff Hygeia Therapeutics Inc., a Holden life sciences company, announced the appointment of Elkan Gamzu as chairman to its board of directors. Gamzu has nearly 40 years of pharmaceutical and biotechnology experience and has held senior... Variation reports on flu vaccine candidate
By Chris Reidy, Globe Staff Variation Biotechnologies Inc. said that its potential influenza vaccine showed promising results in an early test to determine the vaccine candidate's effectiveness in providing protection against the H1N1 strain of influenza. "The data were obtained... Millipore, Roka Bioscience will collaborate
By Chris Reidy, Globe Staff Millipore Corp., a Billerica-based provider of technologies, tools, and services for the life sciences industry, said that it will collaborate with Roka Bioscience Inc. to develop real-time molecular tests for biopharmaceutical applications. Roka Bioscience is... Pratt has no word on whether jobs will leave Conn.
Associated Press EAST HARTFORD -- Pratt & Whitney says it's finished formal negotiations with the Machinists union but hasn't made a decision on the future of more than 1,000 employees in Connecticut. In a statement released yesterday, the jet engine... Akamai to Web retailers: You've got 2 seconds
By Chris Reidy, Globe Staff Online shopper loyalty is contingent upon quick page loading, and consumers become impatient when pages take longer than two seconds to load. Those are some findings from a survey 1,048 online shoppers commissioned by Akamai... Today in Globe Business
Did a lake trigger a deadly disease? Researchers investigating a deadly disease cluster near a New Hampshire lake are tracking clues that stretch from a delicacy eaten on Guam to a 3.5 billion-year-old type of bacteria and the green scum... | 
No comments:
Post a Comment