Thursday, October 7, 2010

Daily Business Update from the Boston Globe

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Globe Today

Thursday, October 7, 2010

Kayem to expand sausage-and-frank production line
Kayem discloses plans to expand its sausage and hot dog production lines.

Black Falcon renovations will be formally unveiled
The newly renovated Black Falcon Cruise Terminal is making its formal debut tomorrow afternoon, showing off the $11 million worth of improvements that the Massachusetts Port Authority has poured into the World War I military warehouse.

Radisson Hotel Boston has a new owner
The Radisson Hotel Boston, a 358-room hotel on Stuart Street, has been sold to Northwood Investors LLC, said a broker involved in the transaction

Who, What, Where
A sample of recent personnel announcements by local firms.

Moynihan to address BC CEO club
Bank of America Corp. chief executive Brian T. Moynihan, Chief Executive Officer of Bank of America is scheduled to the keynote speaker at the Boston College's Chief Executives� Club of Boston lunch Oct. 14, BC said.

iRobot gets $14m Army order
Bedford's iRobot Corp. said it has received a $14 million order to deliver software and spare parts for the PackBot robots that the Army uses for such missions as bomb disposal.

TJX reports September sales results
TJX Cos. said its same-store sales rose in September by 1 percent and added that its now expects third-quarter earnings per share to be in the range of $.89 to $.91.

The Kindle goes on sale at Staples Sunday
Staples Inc., the Framingham-based office supply retailer, issued a reminder this morning that Kindle, Amazon.com's e-book, will be available in Staples stores nationwide starting Sunday.

Old Mother Hubbard expands dog treat line
Old Mother Hubbard, a pet-food brand in the portfolio of Tewksbury-based WellPet, said it is expanding its dog-treat line with 15 new varieties.

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

Wednesday, October 6, 2010

Akamai employee charged with trying to sell secrets to a foreign government
An Akamai Technologies Inc. employee was arrested today and charged with wire fraud after allegedly trying to sell confidential information about the firm to a foreign government.

Putnam to sponsor US ski, snowboarding athletes
Putnam Investments, a Boston-based money management firm, said it will become the exclusive mutual fund sponsor of the US Ski Team and sponsor of US Snowboarding teams.

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