Thursday, June 24, 2010 Coakley announces $102m settlement Massachusetts Attorney General Martha Coakley announced a $102 million settlement today with Wall Street's Morgan Stanley over the securitization of home loans. McDonald's looks to stoke frappe frenzy The local cooperative of roughly 300 McDonald's fast-food restaurants wants all hands to know there are still a few days left to take advantage of its McCafe Frappe promotion. Suffolk taps Nelson as new law school dean Suffolk University said that Camille A. Nelson (right), a legal scholar and professor of law at Hofstra University School of Law, will become dean of Suffolk University Law School on Sept. 1. Biggest Loser taps Cybex for exercise gear Cybex International, the Medway-based fitness equipment manufacturer, said it has signed a multi-year agreement to be the fitness equipment partner for NBC's "The Biggest Loser" weight loss reality show. Locals scramble to buy new iPhone Locals lined up at the Apple store in the Back Bay to buy the new iPhone. Who, What, Where A sample of personnel announcements from local companies. Reveal Imaging gets $14.3m airport contract Reveal Imaging Technologies Inc. said it has signed a $14.3 million contract with Mexican airport operator to install the company's explosives detection systems at five airports. Aveo gets orphan designation from EU regulators AVEO Pharmaceuticals Inc., a Cambridge biotechnology company, said that the European Medicines Agency has granted orphan medicinal product designation to one of its experimental drugs. TripAdvisor buys UK vacation rental website TripAdvisor.com, the Newton-based travel review website, said it has acquired holidaylettings.co.uk., a vacation rental website in Great Britain, for an undisclosed amount. Today in Globe Business A sample of Business stories from today's Boston Globe Wednesday, June 23, 2010 Turner elected to lead SEIU local Labor activist Veronica Turner has been elected without opposition to lead Local 1199 of the Service Employees International Union for a three-year term. Turner, a former employee of Boston Medical Center, succeeds Mike Fadel as the union's executive vice president -- its highest-ranking position. Phase Forward shareholders OK sale to Oracle WALTHAM -- Phase Forward Inc. said its shareholders have approved the company's sale to database software maker Oracle Corp. for $685 million. Hyde Park Savings taps Parent as CEO Hyde Park Savings Bank announced the appointment of William (Bill) Parent as president and chief executive. |
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