Wednesday, October 20, 2010

Daily Business Update from the Boston Globe

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Globe Today

Wednesday, October 20, 2010

3 Maine newspapers put stop to online commenting
PORTLAND, Maine -- Three Maine newspapers have halted online comments on stories posted on their websites.

Boston Scientific rises following 3Q report
Shares of Boston Scientific Corp. climbed today as Wall Street appeared to focus on the positive aspects of the Natick-based medical device maker's third-quarter results.

Fidelity Gift Fund: Charitable giving will hold steady
The majority of Americans plan to give the same or more to charitable causes in the fourth quarter, the Fidelity Charitable Gift Fund reported in a new study.

Genzyme's Clolar fails late-stage leukemia study
CAMBRIDGE -- Genzyme Corp. said its leukemia treatment Clolar failed to meet its key treatment goal in a late-stage study.

Craisins at Disney World? Bet on it. Muffins too
Ocean Spray Cranberries Inc. unveiled a partnership today with Walt Disney Parks and Resorts that will bring some of its cranberry products to Disney cruise ships and theme parks.

Dunkin’ renews Celtics sponsorship
Dunkin� Donuts, the Canton-based coffee-and-baked goods chain, said it has renewed its sponsorship agreement with the Boston Celtics.

Genzyme reports 3Q profit
Genzyme Corp. reported third quarter net income of $69 million, up from $16 million in the same quarter a year ago, as the Cambridge biotechnology said its financial recovery plan started to take effect.

Northampton hospital making more cuts
Officials at Cooley Dickinson Hospital in Northampton say they expect to cut the equivalent of 60 full-time jobs over the next several months in response to a drop in demand for services and low reimbursement rates from insurers

SiOnyx raises $12.5m
SiOnyx Inc. said that it has successfully completed its series B financing, closing at $12.5 million.

Liberty Mutual launches Apple iAd campaign
Liberty Mutual, the Boston insurance company, today announced the launch of its latest mobile advertising campaign on Apple's iAd, a mobile advertising platform that reaches millions of iPhone and iPod touch users "right in their favorite apps."

Sanofi issues statement on its Genzyme bid
Sanofi Aventis SA, the French drug giant that has made a hostile bid to buy Genzyme Corp.billion, announced today that the waiting period required under the Hart-Scott Rodino Antitrust that applies to its proposed acquisition of Genzyme has expired.

It could be a good holiday for iPhone accessories
September saw twice as many shipments of iPhone-related products as September 2009, and that means those products could be big holiday sellers, according to Panjiva.

Tuesday, October 19, 2010

Ameresco tapped for solar projects
Ameresco Inc., a Framingham-based provider of energy efficiency solutions, said it will install, own, and operate solar power systems at five state facilities.

Mass. College of Art & Design to build design center
The Massachusetts College of Art and Design announced the planned construction of a $30-million Center for Design and New Media on its Boston campus

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