Tuesday, September 28, 2010

Daily Business Update from the Boston Globe

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Globe Today

Tuesday, September 28, 2010

D’Angelo unveils Angus beef line-up
D�Angelo Grilled Sandwiches, the Dedham-based restaurant chain, said it is mounting a social media campaign to help get the word out about some Angus burger subs on its seasonal menu.

College savings providers expand options, cut fees
One of the nation's biggest providers of 529 college savings accounts is trying to entice investors seeking more conservative savings options, and a rival is cutting fees by nearly half on one of its biggest 529 plans.

Toys R Us pop-up store set for Downtown Crossing
Toys "R" Us will open a roughly 4,000-square-foot temporary store at Downtown Crossing's Pi Alley Garage, the Boston Redevelopment Authority said today.

Campanelli, new partner buy nine properties
Campanelli Cos. teams up with a new partner to buy nine commercial real estate properties in Eastern Mass. and Southern New Hampshire.

Investor confidence falls
Global investor confidence fell 4 points from August�s revised reading of 92 to 88 in September, according to a monthly investor confidence index maintained by State Street Global Markets.

Advanced Electron Beams has a new CEO
Advanced Electron Beams, a Wilmington-based supplier of compact electron beams for energy efficient manufacturing solutions, said that Richard (Rick) Feldt has been appointed chief executive.

Boston Properties to buy Waltham office park
Boston Properties Inc., a real estate investment trust whose local portfolio includes the Prudential Tower, 111 Huntington Ave., and Atlantic Wharf, said it has agreed to buy Bay Colony Corporate Center, a four-building office park in Waltham, in a transaction valued at $185 million.

Boston Productions is moving to larger offices
Boston Productions Inc., which provides immersive theater experiences for corporate and museum clients, has a 10-year lease for 16,680 square feet of office space at 290 Vanderbilt Ave. in Norwood, said NAI Hunneman, the Boston-based broker involved in the transaction.

Generics will eat into hypertension drug sales
Decision Resources, a research and advisory firm for pharmaceutical and health care issues, said it projects that the hypertension drug market will decline as more generic alternatives become available.

Heels.com taps Akamai
Akamai Technologies Inc., the Cambridge-based provider of Internet content delivery services, said that Heels.com, a Web retailer that sells designer women's shoes, is using Akamai services to accelerate and improve performance of its online shoe store.

August home sales drop to lowest level in 2 decades
Sales of Massachusetts single-family homes in August fell to their lowest level in more than two decades as the housing market continued to feel the effect of the expiration of a federal home buyers tax credit, the Warren Group said today.

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

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