Tuesday, February 23, 2010

Daily Business Update from the Boston Globe

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Tuesday, February 23, 2010

HRPT Properties Trust posts 4Q results
HRPT Properties Trust today posted fourth-quarter funds from operations that were little changed from a year ago, as occupancy in its office buildings and industrial properties slipped.

Navy will test Cambridge Consultants radar
Firm's holographic radar cuts through the clutter to track the accuracy of Navy projectiles fired at a target.

Make Fidelity trades on your iPhone
Fidelity unveils app that enables customers to make Fidelity trades on their iPhones.

Who, What, Where
Scott Gish is the new vice president of sales and marketing at Evergreen Solar Inc., a Marlborough company that makes solar power products. Before joining Evergreen Solar, Gish was vice president of global sales and business development for Photronics Inc....

State Street's investor confidence reading falls
  Globe Staff Global investor confidence fell 0.7 points to 103.9 in February from January's revised reading of 104.6, according to an investor confidence index compiled by State Street Global Markets, the investment research and trading arm of State Street...

Luminus closes $19m funding round
Globe Staff Luminus Devices Inc., a Billerica-based designer, developer and manufacturer of LEDs, announced the closing of its round of funding totaling $19 million. The round was led by current investors Argonaut Private Equity, Braemar Energy Ventures, Paladin Capital Group,...

Currensee raises $8m in Series B financing
Globe Staff  Currensee Inc., a Boston company that has developed a trading social network that connects retail Forex traders from around the world so they can see one another?s actual trades and share trading strategies in real-time., said that it...

Local housing market shows vast improvement
January snapshots of the local housing market showed nice gains, but real estate agents fret that there are not enough local homes being put up for sale to sustain the momentum.

Today in Globe Business
A round-up of stories that are appearing in the newsprint edition of today's Boston Globe Business section.

Monday, February 22, 2010

Icahn seeks seats on Genzyme's board
Globe Staff Genzyme Corp., a Cambridge biotechnology company, announced today that it has received notice from Icahn Partners LP and certain of its affiliates of their intention to nominate four individuals to Genzyme's board of directors at the company's 2010 annual meeting of shareholders.

Fribble helps melt a Friendly's family feud
Friendly's founders Prestley and Curtis Blake share a Fribble, in an apparent end to a long-running family feud.

Houghton Mifflin secures $650m investment
Associated Press Houghton Mifflin Harcourt Publishing Co. said today that its institutional investors have committed to invest $650 million of new equity capital in the education materials publisher. The company said it also agreed to a recapitalization that significantly reduces...

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