Wednesday, June 30, 2010

Daily Business Update from the Boston Globe

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Wednesday, June 30, 2010

Staples taps ex-P&G exec to head brand marketing
FRAMINGHAM -- Office supplies retailer Staples Inc. said it appointed Steven Fund senior vice president of global brand marketing.

Biogen Idec poised to pick new CEO, report says
Biogen Idec Inc., a large Cambridge biotechnology company is poised to name George A. Scangos as its new chief executive, perhaps as early as today, Bloomberg News is reporting.

Shire buys Lexington Technology Park
Shire plc , a global specialty biopharmaceutical company, said it has purchased the Lexington Technology Park campus in Lexington for $165 million.

iFactory and Oxford Univ. Press partner on project
iFactory, a Boston Web design and development firm, and Oxford University Press said they collaborated on the design of the new Oxford Bibliographies Online.

Who, What, Where
A sampling of recent personnel announcements from local companies.

Anchorage Advisors taps State Street
State Street said it has been selected to provide a range of hedge fund administration services for about $8 billion in assets managed by Anchorage Advisors LLC, a New York firm that primarily invests in credit and special situations markets.

MassHousing allocates loans for Fall River housing
MassHousing, the state's affordable housing bank announced $2 million in loan commitments for the acquisition and rehabilitation of the Wampanoag Mill in Fall River into 97 apartments for residents over age 55.

Ice telescope uses Analog Devices components
Analog Devices Inc. said its data converters and amplifiers are helping scientists to search for subatomic particles at the South Pole.

KPMG survey finds local execs upbeat on profits
A majority of local executives said they expect rising profits for their companies in 2010, according to a survey KPMG LLP, an audit, tax, and advisory firm.

Verizon Wireless could sell iPhones next year
Verizon Wireless, the country's largest mobile-phone carrier, will start selling iPhone to customers in January, Bloomberg News is reporting.

Today in Globe Busines
A sample of Business stories from today's Globe.

Tuesday, June 29, 2010

Architects present concepts for S. Boston waterfront
Local developers and investors expressed skepticism about the city's initiative to develop the South Boston waterfront at a symposium at City Hall today, saying they hope the government can take on part of the investment risk.

Debit card use is on the rise
Debit card use is rising while credit card use is declining, said TD Bank, which has a big presence in the Greater Boston market.

The Boston Globe's Daily Headlines

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Boston Globe Daily Headlines
June 30, 2010 Page One   Sports   City | Region   Living | Arts   Business   Editorial | Opinion



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 BRIAN MCGRORY: State’s little white lie
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