Monday, February 1, 2010

Daily Business Update from the Boston Globe

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Monday, February 1, 2010

BioBehavioral Diagnostics raises $7m
Globe Staff BioBehavioral Diagnostics said it has raised $7 million toward a $10-million Series B financing in a round that includes participation by Sevin Rosen and Tullis Dickerson. With offices in Westford and Plymouth Meeting, Pa., the privately held BioBehavioral...

BioBehavioral Diagnostics raises $7m
Globe Staff BioBehavioral Diagnostics said it has raised $7 million toward a $10-million Series B financing in a round that includes participation by Sevin Rosen and Tullis Dickerson. With offices in Westford and Plymouth Meeting, Pa., the privately held BioBehavioral...

Boston Scientific will pay $1.73b stent settlement
By Robert Weisman, Globe Staff Boston Scientific Corp. this morning said it has agreed to pay more than $1.7 billion to rival Johnson & Johnson to settle three patent disputes involving competing heart stents, cases that date back seven years....

Foxwoods dealers OK union contract
By Katie Johnston Chase, Globe Staff The dealers at Foxwoods Resort Casino have approved a union contract, the first such agreement reached under tribal law. On Friday, 75 percent of the 2,500 Foxwoods and MGM Grand dealers voted in favor...

AMG reverses loss, buys stake in Artemis
Associated Press Asset manager Affiliated Managers Group reported a fourth-quarter profit today, reversing a loss for the same period a year ago. Improved mutual fund revenue and reduced investment losses contributed to the turnaround, the Beverly-based company said, and shares...

Haemonetics shares drop on 3Q results, big buy
Globe Staff BRAINTREE -- Blood collection and processing systems maker Haemonetics reported third-quarter results short of Wall Street expectations which, along with a $60 million all-cash buyout of a health information technology company, sent shares tumbling. Haemonetics said it will...

MIT Sloan offers sustainable business certificate
Globe Staff MIT Sloan School of Management said it is launching a Certificate in Sustainable Business that will be awarded along with a masters in business administration degree. The certificate program is open to all MIT Sloan graduate students who fulfill...

Mass. gas prices are down 2 cents a gallon
Globe Staff Gasoline prices in Massachusetts fell for the second straight week, down 2 cents to $2.689 per gallon, AAA Southern New England said today. The Massachusetts average for a gallon of self-serve, regular unleaded gas was higher than the...

BC center estimates 5.3% drop in charitable giving
Globe Staff The first projection on household charitable giving totals for past calendar year shows a likely drop of 5.3 percent over 2008, but 2010 could be brighter. That's one headline from researchers at Boston College's Center on Wealth and...

Q&A with Gloria Larson, president of Bentley University
By Sasha Talcott, Boston.com correspondent Gloria Larson is president of Bentley University, chair of the Greater Boston Chamber of Commerce, and a member of the board of the Massachusetts Women's Forum, a group of 100 top female executives in...

Pressure BioSciences joins UMass R&D center
Globe Staff The University of Massachusetts Boston today announced that Pressure BioSciences Inc. has moved its research and development operations to the university's Venture Development Center. Headquartered in Easton, Pressure BioSciences develops and markets pressure cycling technology that enables safe,...

American Superconductor gets $70m order
Globe Staff American Superconductor Corp., a Devens company focused on power technologies that refers to itself as AMSC, announced today that it has received an initial order for full wind turbine electrical control systems from China?s Shenyang Blower Works Co....

ATG reports earnings
Globe Staff Art Technology Group Inc., a Cambridge company that provides services to online retailers, said that revenue for the fourth quarter of 2009 grew to $49.7 million, a 9 percent increase over fourth quarter 2008 revenue. The company refers...

Today in Globe Business
Financial executives spent big on Brown In a six-day span just before the US Senate election, Republican Scott Brown collected nearly $450,000 from donors who work at financial companies, a sign the industry is prepared to spend heavily in the...

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