Thursday, March 25, 2010

Daily Business Update from the Boston Globe

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Thursday, March 25, 2010

Survey: Video gamers use deodorants, date regularly
Video gamers aren't the slobs you think, a new survey claims. Video gamers like to use body washes, dine out, and go on dates, survey suggests.

Union vows to review proposed Caritas Christi sale
A union that represents 3,000 workers at Caritas Christi Health Care said today that it will review the sales agreement between the state's largest hospital group and Cerberus Capital Management, a New York private equity firm.

Genzyme setback could boot Icahn's chances
The government's decision to fine Genzyme Corp. could boost billionaire investor Carl Ichan's efforts to win four seats on the biotechnology company's board, Bloomberg News reported.

CombinatoRx turns $25.2m profit in 2009 4Q
Biotech drug developer CombinatoRx Inc. said it turned a $25.2 million profit in the final quarter of 2009, as it cut research costs and saw big gains from the completion of an acquisition.

Who, What, Where
A random sample of personnel announcements by local companies.

Foreclosure deeds edge up from 2009
Foreclosure deeds, which represent completed foreclosures, fell 19.6 percent to 917 from 1,141 in January, but were 10.4 percent higher than the 831 foreclosure deeds recorded in February 2009, the Warren Group said today.

New Balance is sponsoring Pan-Mass. Challenge
New Balance Athletic Shoe Inc. said that it has joined the Red Sox Foundation as a co-presenting sponsor of the Pan-Massachusetts Challenge.

Balmy spring shortens maple syrup season for some
A balmy spring in maple syrup country may mean New Englanders will have to go easy on drenching their flapjacks. Warm weather can lead to production shortfalls when it comes to syrup.

Retired couples may need $250k for health care
A couple retiring this year will need a quarter of a million dollars, on average, to cover medical expenses in retirement, according to a study to be released Thursday by Fidelity Investments, the Boston mutual funds giant.

New Yankee Candle's store will be its 500th
The Yankee Candle Co., a pioneer in the home-decor genre of premium scented candles, said it is gearing up to celebrate the opening of its 500th store.

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

Wednesday, March 24, 2010

Shaw's to lay off 4 percent of store workers
Shaw's supermarkets has announced that it's laying off 4 percent of its store associates.

Arbella will sponsor Celtics play-off run
The Arbella Insurance Group will be the presenting sponsor of the Boston Celtics' 2010 play-off run, the Celtics and Arbella said.

Chamber will honor Termeer, Pisa, and Wiley
The Greater Boston Chamber of Commerce said today it will induct Henri Termeer, Regina Pisa, and Fletcher "Flash" Wiley into its Academy of Distinguished Bostonians.

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