Wednesday, October 7, 2009

Daily Business Update from the Boston Globe

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Wednesday, October 7, 2009

Law firm plans move to new Waltham address
Gunderson Dettmer Stough Villeneuve Franklin & Hachigian LLP, a law firm, is relocating its New England offices from one Waltham address to another, said a broker involved in the lease transaction. The broker is Colliers Meredith & Grew, which represented...

Massachusetts promotes energy savings programs
By Erin Ailworth, Globe Staff The state is promoting a $1.1 billion plan for mandated energy savings programs that officials say will raise consumers' monthly electricity bills, but ultimately save billions for Massachusetts residents. The three-year plan aims to at...

Eastern Bank is ranked top SBA lender for Mass.
Eastern Bank, the state's fifth largest bank based on deposits, said it was ranked as the No. 1 Small Business Administration lender in Massachusetts for the 12-month period that ended Sept. 30. During that time, Eastern Bank said it made...

Dunkin’ opens first stores in Shenzhen, China
Associated Press Privately held Dunkin' Donuts said it opened its first two stores in Shenzhen, Guangdong Province, China, as part of its expansion plans for the Asian nation. A third shop in the city is slated to open later this...

Mass. unions push bill requiring paid sick days
Associated Press Unions are pushing a bill that would require Massachusetts employers offer workers up to seven paid sick days a year. The sick days could be used for workers to care for themselves or to attend to a sick...

Solar power system is in store for Patriot Place
The palette of the New England Patriots already includes blue, silver, red, and white. And now a new color - green - may be part of the scheme. As part of an effort to be energy efficient, Constellation Energy said...

Uno's menu now includes multi-grain pizza
Uno Chicago Grill, a Boston-based chain of more than 200 restaurants that includes 44 in New England, said it is launching a multi-grain pizza as part of a larger effort to make available to customers a wider range of healthful...

Hatch Awards salute local ad agencies
Arnold, Hill Holliday, Mullen, and Pod Digital Design were among local ad agencies and marketing firms that won gold bowls at the annual Francis W. Hatch Awards ceremony, which was held last night. Presented by the Ad Club, the...

Moynihan is on Bank of America's CEO short list
Bank of America Corp. has narrowed its search for a new chief executive to two internal candidates, including Brian Moynihan (right), though the bank is still considering an outsider, the Wall Street Journal is reporting. Moynihan has local ties...

Compuware agrees to buy Gomez for $295m
Compuware Corp. has agreed to buy Gomez Inc., a privately held Internet performance firm headquartered in Lexington, in a $295 million cash acquisition expected to close next month, the two companies said in a press release. Compuware is a publicly...

Honey Dew supports breast cancer awareness
Football stars may sport pink sneakers on TV, but Honey Dew Donuts is one of many groups that is also doing its part for Breast Cancer Awareness Month this October. The Plainville-based chain of roughly 150 stores said that during...

Boston Properties prices $700m offering
Boston Properties Inc., the real estate investment trust whose local portfolio includes the Prudential Center and 101 Huntington Ave., said it has agreed to sell $700 million of 5.875 percent senior unsecured notes due 2019 in an underwritten public offering...

Today in Globe Business
An iron fist, a golden touch First in a two-part series about bidders for The Boston Globe. Coming tomorrow: Stephen Taylor. Mike Donnelly remembers the man only by his moniker: The Godfather. That was how Platinum Equity referred to the...

Tuesday, October 6, 2009

Verizon leases back space at 185 Franklin
By Chris Reidy, Globe Staff Verizon Communications Inc. will lease nearly 202,000 square feet of office space at 185 Franklin St., a Post Office Square office building it owned until last year, a broker involved in the transaction said. The...

Vermont gets $1.2m grant to expand broadband
Associated Press MONTPELIER, - Vermont's efforts to expand broadband Internet access have gotten a boost in the form of a $1.2 million federal grant. The US Department of Commerce's National Telecommunications and Information Administration announced the grant will pay for...

Better system needed to carry wind power
Associated Press AUGUSTA, Maine - A wind energy expert says an upgraded power transmission system is needed if Maine is to achieve its goals for generating that renewable energy source. Larry Flowers of the National Wind Technology Center also told...

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