Monday, August 2, 2010

Daily Business Update from the Boston Globe

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Globe Today

Monday, August 2, 2010

SAIC to buy baggage screener Reveal Imaging
McLEAN, Va. -- Government contractor Science Applications International Corp. said it has agreed to buy Reveal Imaging Technologies Inc., a company that makes equipment for screening baggage at airports.

Lucky Patriot fan could win a house
Winning a living room set if a Sox slugger drills a homer off the Jordan's sign in Fenway Park is pretty nice, but a new RE/MAX of New England promotion may leave a lucky football fan with a brand new house.

Momenta posts narrower 2Q loss as costs decrease
CAMBRIDGE -- Momenta Pharmaceuticals Inc. reported a smaller second-quarter loss as the company spent less on research and development while it waited for regulators to approve a generic blood clot treatment.

Patriot Place gets major solar power installation
New England Patriots owner Robert Kraft, his Kraft Group, and operators of their Patriot Place mall in Foxborough announced today they have completed installation of a 525-kilowatt solar system.

Local gas prices drop a penny a gallon
The average price for a gallon of gas in Massachusetts was $2.669 in the latest weekly survey from AAA, down 1 cent from the previous week's average, AAA Southern New England said today.

FelCor agrees to buy Fairmont Copley for $98.5m
FelCor Lodging Trust Inc. said has agreed to buy the Fairmont Copley Plaza hotel in Boston for $98.5 million from an affiliate of Fairmont Hotels & Resorts.

Dial up Best of Boston on your iPhone
Boston magazine is known for its annual Best of Boston feature, and this year, the feature can be dialed up on a consumer's iPhone, the magazine said.

Azuki Systems taps Clancy
Azuki Systems Inc., an Acton company focused on powering a new generation of mobile media, said that John Clancy has joined the company as president and chief executive officer.

Haemonetics announces agreement, issues earnings
Haemonetics Corp. announces customer agreement, issues earnings, and discloses a retirement date fori its executive chairman.

Charles River 2Q net income falls, cuts outlook
WILMINGTON -- Medical research equipment and services company Charles River Laboratories International Inc. said Monday its second-quarter net income plunged on a mix of weaker demand and higher costs. It cut its outlook for the year.

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

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