Friday, March 12, 2010

Daily Business Update from the Boston Globe

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Friday, March 12, 2010

Mass. biotech firm faces delisting from Nasdaq
A Massachusetts biotechnology that produces drugs made from the milk of genetically-engineered goats says it expects to be delisted from the Nasdaq next week.

InnoCentive is moving to larger offices
InnoCentive Inc., which helps corporations and institutions outsource some of their research-and-development work, is moving to larger quarters in Waltham.

Run of TripAdvisor ad is extended
TripAdvisor is extending the run of a video ad that airs on the in-flight programming of some airlines.

Massage chain makes Bay State push
Elements Therapeutic Massage, a chain of massage studios, said it is seeking franchisees to roughly double its store count in Massachusetts.

EMC, Connors win honors
The New England chapter of the National Association of Corporate Directors said its annual awards will include honors for EMC Corp. and Jack Connors, chairman emeritus and a founder of Boston ad agency Hill Holliday.

Genetix secures $35m in Series B financing
Genetix Pharmaceuticals, a Cambridge company focused on gene therapy, announced today that it has completed a $35 million Series B financing. New investors Third Rock Ventures and Genzyme Ventures joined TVM Capital, Forbion, and Easton Capital in the round.

Wind farm installs Beacon Power flywheels
Beacon Power Corp. said that it has shipped, installed, and successfully connected one of its Smart Energy flywheel energy storage systems at a California wind farm.

Mike a football game and win science contest
The Patriots and Raytheon are launching a competition that challenges middle and high school students to create a cost-effective functional parabolic microphone that is well suited to capturing the sounds of a pro football game for a television audience.

Reebok launches TV ads
Reebok, the Canton-based sneaker and apparel brand, said it is launching two TV ads that are part of its new "Ree" marketing platform, including an ad that features football star Chad Ochocinco.

Today in Globe Business
A sample of stories that appear in today's Business section of the print edition of The Boston Globe.

Thursday, March 11, 2010

Allston real estate firm settles discrimination claim
By Jenifer B. McKim, Globe Staff Micozzi Management Inc., an Allston real estate company, today agreed to pay $3,000 and adopt an anti-discrimination policy to resolve state allegations that one of its agents refused to rent to a couple with...

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