Wednesday, June 2, 2010 With tax credit gone, pending home sales drop
By Jenifer B. McKim, Globe Staff The number of pending Massachusetts home sales dropped slightly in May compared with the same month last year, largely because a federal homebuyers tax credit expired, according to data released today by the Massachusetts... New England Network Solutions merges with Key Strokes USA
Globe Staff New England Network Solutions (NENS), a Woburn-based technology company specializing in small- and medium-business IT solutions, is merging with Key Strokes USA, which is located in Wakefield. NENS said it will retain all Key Strokes employees from both... FAA signs up with Identity Force
Associated Press The Federal Aviation Administration said today that it will be providing all of its employees with identity theft prevention services provided by Identity Force of Framingham. The services, which will be provided for a period of 12 months,... Landmark Fall River fabric plant sold for $1.5m
Associated Press The landmark Quaker Fabrics headquarters in Fall River has been sold to a trio of city businessmen who hope to turn the building into luxury apartments and retail space for shops and restaurants. The businessmen, led by Anthony... Raytheon lands $21.8 million weather systems contract
Globe Staff Raytheon Co. has been awarded a $21.8 million contract for modifications to a program that provides next-generation weather systems. The program to be modified is the Joint Environmental Toolkit (JET), which assists warfighter decision-making by supplying terrestrial and... Luminus partners with ABS Lighting
Globe Staff Luminus Devices, Inc., based in Billerica, today said that it is partnering with ABS Lighting Co. to expand its offerings to the transportation industry. In a release, Luminus said that by working with ABS Lighting, which makes fixtures... New marketing firm launches with contest for non-profits
Globe Staff A new Boston marketing agency that officially launched today, Antler, marked its opening with a contest for non-profits. The winner of the new firm's "Gives a Buck" competition will win complimentary branding and social media marketing services. The... EasyAsk separates from Progress Software
Globe Staff EasyAsk LLC, the Burlington company that makes search software for e-commerce sites, has separated from Progress Software and will continue to do business as an independent company. The company, which was founded in 1994, was sold to Progress... Report: Holyoke computing center decision near
The location of a Holyoke, Mass. high performance computing center backed by a consortium of Massachusetts educational institutions and high tech companies will be decided in July, the Springfield Republican reported yesterday. The backers of the project include the state... Today in Globe Business
In its largest deal since it was spun out of the former Tyco International Inc. three years ago, Covidien PLC yesterday said it will buy vascular device maker ev3 Inc. for $2.6 billion in cash and debt, a 19 percent premium over ev3?s closing stock price Friday. Tuesday, June 1, 2010 Westgate mall purchased
By Jenn Abelson, Globe Staff New England Development has purchased the Westgate Mall in Brockton for $31.75 million, just months after lenders for the struggling regional mall bought the center at a foreclosure auction for $51 million. The 532,135-square-foot mall... SynapDx raises $9 million
Globe Staff SynapDx Corp., a new company focused on developing and commercializing diagnostic testing for the early detection of autism, today announced the completion of a $9 million round of financing by Bain Capital Ventures, General Catalyst Partners, and North... Mass. gov hopeful Baker lists payments from board seats
Associated Press A state financial disclosure form released today shows Massachusetts Republican gubernatorial candidate Charles Baker received $100,000 or more for each of two board seats he held last year. One of the payments came from Harvard Pilgrim Health Care,... Union reaches tentative deal with Worcester hospital
Associated Press About 1,300 housekeepers and lab workers at several UMass Memorial Health Care facilities in Worcester have reached a tentative contract agreement with the company, averting a potential strike. Members of United Food and Commercial Workers Union Local 1445... State pension fund takes a beating in May
May was a bad month for the state pension fund, with investment losses wiping out $1.5 billion in gains made so far this year, a pension official said during a meeting of the fund's board today. | 
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