Monday, August 30, 2010 Wells Fargo downgrades Lockheed, upgrades Raytheon
Wells Fargo upgraded Raytheon Co., the Waltham-based defense contractor, today but also downgraded Lockheed Martin Corp., presenting a mixed outlook for the US defense industry. Genzyme rejects Sanofi offer
Genzyme Corp., the Cambridge biotechnology company, said it has rejected Sanofi-Aventis SA's $18.5 billion buyout offer because it undervalues the company, the Associated Press reported this morning. AG Coakley settles with CVS on drug pricing
Massachusetts Attorney General Martha Coakley has reached an agreement with CVS in which the pharmacy chain will repay the state and public entities $2.65 million for alleged prescription drug overcharges. State board sides with nurses union
The Massachusetts Nurses Association today hailed a ruling by the state's Employment Relations Board as a "complete victory" for its member nurses at Cambridge Hospital who are seeking to negotiate a labor contract with the hospital's operator. Stop & Shop golf event could raise $1m
The Stop & Shop Supermarket Co. said it expects that its annual golf classic, being held today at four golf courses throughout Massachusetts, is projected to raise more than $1 million for local-area charities serving families and children. Local gas prices drop a nickel a gallon
Just as motorists are gearing up for Labor Day vacations, the average price of gas in Massachusetts dropped 5 cents to $2.639 a gallon in the latest AAA weekly survey, AAA of Southern New England said today. Worcester transit union authorizes strike
Members of a union representing drivers and mechanics at the Worcester Regional Transit Authority have voted to authorize a strike if their labor demands are not met. PrimeraDx appoints new CEO
PrimeraDx said today that Matthew F. McManus, M.D., has been appointed president and chief executive, effective immediately. Harvard’s housing studies center taps Herbert
Christopher E. Herbert has been appointed the research director at Harvard University's Joint Center for Housing Studies, the center's managing director, Eric S. Belsky, said. Staples gives $640k to youth programs
Staples Foundation for Learning, a private foundation created by Staples Inc., the Framingham office supply giant, said it has awarded 31 grants totaling $640,000 to nonprofit organizations serving at-risk youth throughout the country. Today in Globe Business
A sample of Business stories from today's Globe. | 
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