Friday, February 19, 2010

Daily Business Update from the Boston Globe

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Friday, February 19, 2010

Stop & Shop contract vote looms, strike possible
Globe Staff A union representing more than 10,000 employees at the Stop & Shop Supermarket Co. has scheduled a labor-contract vote for Sunday, and one possible outcome is a strike that could affect the Quincy-based chain's stores in Massachusetts. Local...

Hub consumer prices were up 0.3 percent
Globe Staff The Consumer Price Index for all urban consumers in the Boston metro area rose 0.3 percent for the two months ended in January as food and transportation costs rose, the US Bureau of Labor Statistics reported today.

Get ready for the new Schick Hydro shave
Globe Staff Watch out, Gillette! Rival Energizer Inc. has just unveiled a Schick Hydro razor that promises to leave a man's mug smooth and hydrated. In a press release, Energizer Holdings Inc., whose product portfolio includes the Connecticut-based Schick brand,...

Mobile work force will exceed 1b by year's end
Globe Staff The world's mobile worker population will pass the one billion mark this year and grow to nearly 1.2 billion people - more than a third of the world's workforce - by 2013. That's according to a new forecast...

Hanover Insurance prices $200m notes offering
AP WORCESTER - The Hanover Insurance Group Inc., one of the nation's biggest property and casualty insurers, has priced a $200 million senior unsecured notes offering.

Sepracor's CEO is resigning to head NC firm
By Globe Staff Sepracor, the Marlborough drug company perhaps best known for the sleep aid Lunesta, announced the resignation of its CEO. A Japanese drug maker recently agreed to buy Sepracor for roughly $2.7 billion.

Sapient 4th-quarter profit rises on better demand
Associated Press BOSTON - Sapient Corp. said Thursday that its fourth-quarter profit jumped as demand for its technology services climbed and a large tax benefit boosted results. For the quarter ended Dec. 31, Sapient earned $70.1 million, or 51 cents...

Today in Globe Business
Investors bet less on video games Recession or no recession, Boston-area video game companies are attractive to venture capitalists - the investors who fund much of their growth. ?I would argue there?s probably a little too much capital?? available for...

Thursday, February 18, 2010

Dunkin' Donuts turns 60
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TD Bank says it is now carbon neutral
Globe Staff TD Bank says it's achieved its goal of going carbon neutral by putting up green buildings, lowering its energy consumption, and investing in renewable energy.

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