Wednesday, November 10, 2010

Daily Business Update from the Boston Globe

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Wednesday, November 10, 2010

EMC buys small Bedford firm
EMC Corp., the Hopkinton-based data storage giant, said it has acquired Bus-Tech Inc., a Bedford firm with 45 employees that specializes in providing information infrastructure solutions.

Hub welcomes biotech firm
Mayor Menino welcomed EvaluatePharma to the city of Boston.

BJ's Wholesale Club is said to seek sale
Media reports say BJ's Wholesale is considering selling itself in an auction.

Staples.com launches Flu Center
Staples Inc., the Framingham-based office supply giant, said today that it is launching an online Flu Center at www.staples.com/ahealthyoffice.

Candy maker Necco seeks partner or to sell the company
The 163-year-old New England Confectionary Company has retained a New York investment banker �to identify a strategic partner or explore a possible sale of NECCO's business.�

Women will power holiday shopping, survey says
"May the giving hand never falter," runs an Irish proverb, and a new survey suggests that when it comes to holiday shopping and gift giving, women put this wisdom into practice on a much grander scale than men.

Turkey Cake makes a comeback at Baskin-Robbins
Dessert trolley gourmets will be relieved to know that the turkey cake will once again be on the Baskin-Robbins seasonal Thanksgiving menu, the Canton-based ice cream chain said today.

WorldCare Clinical promotes Walovitch
WorldCare Clinical LLC, a Boston-based contract research organization for pharmaceutical, biotechnology, and medical device companies, said that it has promoted Richard Walovitch to president.

Minnesota health care plans turn to Nuance
Nuance Communications Inc. said that a nonprofit whose members include a number of Minnesota health plans has selected a Nuance technology called RadPort to ensure that patients receive only "medically appropriate" imaging exams.

AVID Technical Resources will open RI office
Avid Technical Resources, a Boston firm that specializes in contract and permanent recruiting of workers with information technology expertise, said it has signed a lease to open a branch office in Providence before the end of the year.

TA completes investment in MedSolutions
TA Associates, a private equity firm with offices in Boston, said it has completed a minority investment in MedSolutions, a Tennessee-based provider of medical management services.

World Energy Solutions makes inroads in Pa.
World Energy Solutions Inc., an energy management services firm headquartered in Worcester, said it is continuing to gain market share in Pennsylvania.

Hancock survey finds clients still on sidelines
Many clients prefer to remain in cash and short-term instruments, even though most advisers have encouraged them to move back into an investing mode, according to a new survey from Boston-based John Hancock Funds.

Tuesday, November 9, 2010

Tax glitch hits filers with late fees, penalties
By Todd Wallack, Globe Staff The Massachusetts Department of Revenue said it mistakenly slapped 520 taxpayers with late fees and penalties because of a software glitch. The agency said the error affected people who took advantage of filing deadlines that...

More Boston flights boost JetBlue traffic
JetBlue Airways Corp. said today its traffic in October jumped 15.7 percent as it expanded flights from Boston and nabbed new passengers from its All-You-Can-Jet pass.

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