Monday, November 8, 2010

Daily Business Update from the Boston Globe

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Monday, November 8, 2010

Suffolk Construction establishes health care unit
Suffolk Construction Co. Inc., a national construction management company headquartered in Boston, said it is expanding its presence in the health care sector by establishing a specialized National Healthcare Group.

Metcalfe appointed professor at U. of Texas
Polaris Venture Partners today announced that Bob Metcalfe, a General Partner finishing his 10th year with the firm, will in January join the faculty of the University of Texas at Austin as Professor of Innovation and Murchison Fellow of Free Enterprise.

Expect big Thanksgiving crowds at Logan
Logan could be the third busiest airport in the country over Thanksgiving, Orbitz projections say.

Tom Brady signs deal with Under Armour
Tom Brady signs multi-year deal with Under Armour.

Hill Holliday wins Supercuts media business
Boston ad agency Hill Holliday said it has been awarded the media business for Supercuts, a Minnesota-based company with more than 2,100 hair salons.

Yankee Group has a new chief executive
Terry Waters is the new CEO of The Yankee Group

Mass. gas prices rise 3 cents a gallon
The average price for gas in Massachusetts rose 3 cents from the previous week to $2.829 a gallon in the latest weekly AAA survey, AAA of Southern new England said today.

Caritas Christi closes sale to private equity firm
Caritas Christi Health Care, the state's second largest hospital chain, said this morning that it has closed its sale to an affiliate of Cerberus Capital Management, a New York private equity firm.

Enchanted Village to open at Jordan’s Furniture
Jordan's Furniture said the Enchanted Village holiday tradition can be viewed at the company's Avon location during store hours from Nov. 13 to Jan. 2.

GTC Biotherapeutics looks to go private
GTC Biotherapeutics Inc. announces an agreement under which it would be taken private.

Staples issues corporate responsibility report
Staples issues corporate responsiblity report, noting that among other things, it contributed $32 million in 2008 and 2009 to worthy causes.

Brookstone likes AR.Drone flying video game
Brookstone, the Merrimack, N.H.-based operator of a gift retail chain, is betting that its Parrot AR.Drone flying video game will be a big seller this holiday season.

Color E Ink display to be sold in Hanvon e-reader
E-book readers are lightweight and use little power, but most have a distinct disadvantage to colorful tablet computers: their black-and-white displays.

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