Thursday, September 30, 2010

Daily Business Update from the Boston Globe

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Thursday, September 30, 2010

The Warren Group will publish REBA News
The Real Estate Bar Association for Massachusetts, or REBA, said that the Warren Group, a Boston-based media and real estate information company, will now publish its newsletter, REBA News.

SEC charges two former State Street employees
Federal regulators today charged two former employees at State Street Bank and Trust Co. with misleading investors about their exposure to subprime investments.

CRA International 3Q net income falls 21 percent
The consulting firm CRA International Inc. said its third-quarter net income fell 21 percent on a mix of lower revenue and restructuring and other charges.

Target to open Oct. 10 at South Shore Plaza
Target will officially open an anchor store at South Shore Plaza in Braintree on Sunday Oct. 10, the mall's operator said.

Globe to offer two websites: one free, one pay
The Boston Globe next year will split its digital news brands into two distinct websites, keeping Boston.com free while establishing a subscription-only pay site.

Bans alone don't stop all texting motorists
While more state laws exist today to ban texting while driving, 35 percent of mobile phone users continue to text behind the wheel, up from 26 percent in 2009, according to a new survey.

R2-D2 smartphone is now available in the Hub
Verizon Wireless said that today marks the official launch of the Droid R2-D2, a limited edition smartphone from Motorola that marks the 30th anniversary of "Star Wars."

Communispace taps Mechanica
Communispace has engaged Mechanica as its marketing agency of record, Newburyport-based Mechanica said.

Axcelis CFO plans to retire next year
Axcelis Technologies Inc., a Beverly company that makes ion-implantation devices that prepare silicon wafers to be turned into microchips, said that its chief financial officer, Stephen Bassett, will retire March 31.

Gilman Clark, new IP law firm, launches
Two veteran intellectual property attorneys said they have launched their own Boston-based boutique law firm, Gilman Clark LLC, that will focus on serving small to mid-sized high-tech companies.

Dyax signs contract for DX-88 in Japan
CAMBRIDGE -- Dyax Corp. said it signed a deal with CMIC Co. to develop and sell the genetic disorder drug DX-88 in Japan.

AVEO, Merck end collaboration on experimental drug
AVEO Pharmaceuticals Inc. said it has regained worldwide rights to a drug candidate that has the potential to treat such diseases as non-small cell lung cancer.

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