Friday, January 21, 2011

Daily Business Update from the Boston Globe

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Friday, January 21, 2011

Boston is a good place to look for a job
Boston is the third hottest job market in the country, trailing only Washington, D.C., and San Francisco, according to a new survey

Parker House will fete the Boston cream on Pie Day
The Omni Parker House plans to celebrate National Pie Day by honoring the Boston cream pie it invented in 1855.

Verecchia steps down from board of RI EDC
PROVIDENCE -- Al Verecchia is stepping down from the board of the Rhode Island Economic Development Corp.

Martha Stewart trumps Carrie Bradshaw?
A majority of women (65 percent) would rather shop for their homes rather than for shoes (35 percent), according to a new survey from HomeGoods, an off-price home furnishings store chain based in Framingham.

The Pinehills earns builders’ kudos
The Pinehills planned golf community in Plymouth wins a dozen awards from the National Association of Homebuilders.

Skyworks more than doubles first-quarter profit
Chip maker Skyworks Solutions Inc. said Thursday that its fiscal first-quarter profit more than doubled on strong demand for its chips found in popular tablet computers and smart phones, and issued a strong forecast for the second quarter.

Thursday, January 20, 2011

People's United buys another Mass. bank
People's United Financial Inc. bought its third Massachusetts bank in less than a year yesterday, the $493 million purchase of the parent of Danversbank, which has 28 branches from Needham to Manchester-by-the-Sea.

Raytheon signs $475m contract with Saudis
Raytheon Co., the Waltham-based defense contractor, signed a $475 million contract with the Kingdom of Saudi Arabia for precision-guided munitions.

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