Friday, November 5, 2010

Daily Business Update from the Boston Globe

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Friday, November 5, 2010

Celtics, Covidien debut Fit to Win program
The Boston Celtics and Covidien unveiled the launch of a new partnership program aimed at preventing childhood obesity.

Holy Family Hospital workers to join union
By Megan Woolhouse, Globe Staff More than 700 Caritas Christi Health Care workers at Holy Family Hospital in Methuen will join the Service Employees International Union, labor officials said today. The employees, which include licensed practical nurses, paramedics and housekeepers,...

American Tower 3Q profit up, buying cell towers
American Tower Corp. reported a 39 percent profit increase today on increased revenue from wireless communication tower rental and management and a growing presence in India.

Boston Beer tops 52-week high as 3Q earns soar
The Boston Beer Co. Inc. said Thursday its third-quarter profit jumped 48 percent, aided by stronger sales and shipments.

Genzyme cuts 185 jobs in Massachusetts
Cambridge biotechnology company Genzyme Corp. this morning said it is paring 185 jobs in Massachusetts as part of a global cutback of 392 jobs this week.

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

Stata will chair semiconductor association
Ray Stata, chairman of Analog Devices Inc., has been elected as the 2011 chairman of the Semiconductor Industry Association, a trade group representing the US semiconductor industry, the association said.

Thursday, November 4, 2010

Popular tourist railroad in Mass. up for sale
CARVER -- Edaville Railroad is up for sale and its owner says the popular southeastern Massachusetts tourist attraction will shut down if a buyer isn't found in the next few months.

Jacob Wirth building has new owner
AJSimboli Real Estate said it has bought the historic three-story building on Stuart Street that houses Jacob Wirth, a landmark Boston restaurant, from Lagrange Street SPE LLC.

VA awards Utah project to Ameresco
Ameresco Inc., a Framingham company specializing in energy efficiency and renewable energy, said that the US Department of Veterans Affairs has awarded ita contract to design and build a solar photovoltaic system for a VA Medical Center in Salt Lake City.

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