Wednesday, December 29, 2010

Daily Business Update from the Boston Globe

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Wednesday, December 29, 2010

Hostile bid for BJ's Wholesale Club
By Todd Wallack, Globe Staff Shares in BJ's Wholesale Club were up 7 percent in afternoon trading on renewed speculation that the Natick discount retailer could soon be sold. BJ's reportedly hired investment bank Morgan Stanley to conduct an auction...

Logan still has cancellations and delays
By Katie Johnston Chase, Globe Staff Logan International Airport is still experiencing cancellations and hour-long delays on flights in and out of New York -- the only area of the country still experiencing excessive delays, according to flightstats.com. JetBlue Airways,...

Foreclosures in Massachusetts plunge in November
Foreclosures plunged in November in Massachusetts as lenders suspended home seizures following increased scrutiny of their procedures, new data showed today.

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