Friday, June 4, 2010

Daily Business Update from the Boston Globe

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Globe Today

Friday, June 4, 2010

Curis names Marc Rubin to board of directors
Globe Staff Curis Inc., a Cambridge drug development company, said today that it named Dr. Marc Rubin to its board of directors. Rubin is executive chairman of the board of Titan Pharmaceuticals Inc. He has been a clinical development executive...

Banana-filled donut wins Dunkin' contest
Rachel Davis with a box of her winning donuts. It's filled with bananas foster, covered with chocolate icing, and topped with peanut butter shavings. It's the winning entry in the second annual Dunkin' Donuts "Next Donut" contest, announced today....

ACI named provider of Tren Urbano subway service in Puerto Rico
Globe Staff Alternate Concepts, Inc. (ACI) has been awarded a five-year operation and maintenance contract with Tren Urbano, the Puerto Rican subway system. The $250 million pact extends through June 2015. Since 2004, ACI has managed rail line operations for...

Bottomline Technologies prices $57.6m stock offer
Bottomline Technologies Inc., based in Portsmouth, New Hampshire, said today that it expects to raise $57.6 million by selling 4.2 million shares of stock. The maker of payment and invoicing technology said the offering is priced at $14.50 per share....

Management shake up at Athenahealth
Globe Staff Athenahealth, Inc., the Watertown company that provides Internet-based business services to physician practices, announced a number of management changes today. In operations and technology, David E. Robinson, executive vice president and chief operating officer, will resign from the...

Murray: Mass. Senate casino plan still in flux
Associated Press The details of the Senate's sweeping casino bill are still in flux and won't be finalized until after a public hearing next week, Massachusetts Senate President Therese Murray said Thursday. A draft of the bill released Thursday describes...

Who, What, Where
Dean Foulis is the new chief technology officer and Adam Thibault has been promoted to vice president of sales at LiveWire Mobile, Inc. in Littleton. The company sells mobile personalization services, including ringback tones, ringtones, and mobile music downloads. Prior...

Mass. revenues up in May; down $70m for year
Associated Press Massachusetts collected $1.57 billion in tax revenues in May, up $292 million, or 23 percent, compared to May of last year. Overall, tax collections are still $70 million below projections for the fiscal year that ends June 30....

Philips and RXi to work on research project
Associated Press Royal Philips Electronics NV and RXi Pharmaceuticals Corp. said Thursday they will combine on research into treating diseases by using experimental therapies to silence specific genes. RXi said compounds based on RNA interference, or RNAi, could produce drugs...

Today in Globe Business
Sprint Nextel Corp. may be the nation?s number three cellphone company, but its wireless data service is number one for quality in the Boston area, according to a study released yesterday.

Thursday, June 3, 2010

Javelin sues Hospira to complete merger agreement
Associated Press Javelin Pharmaceuticals Inc. said today that it has sued Hospira Inc. to get the drug and medical device maker to complete a merger announced in April. Javelin, which is based in Cambridge, Mass., said Hospira and its subsidiary,...

Millipore shareholders OK $6b sale to Merck
Globe Staff Biotech equipment maker Millipore Corp. said today that its shareholders have approved the company's $6 billion sale to German drug and chemical maker Merck KGaA. The $107-per-share deal was announced in February and represented about a 50 percent...

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