Daily Business Update from the Boston Globe

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	ADVERTISEMENT Thursday, January 27, 2011 Watts Water has a new chief executive Watts Water Technologies Inc. said that chief operating officer David J. Coghlan has been appointed president and chief executive, effective immediately. Teradyne jumps on improved 4Q sales, rosy forecast Shares of Teradyne Inc. jumped Thursday after the maker of chip-manufacturing equipment said its fourth-quarter revenue jumped 21 percent and issued a bright forecast for the current quarter. State Street makes pitchman history with SPDR-Man State Street Global Advisors hires golfer Camilo Vellegas to pitch its SPDR ETF investment products. Mass. AG collects $8m in wage violations in 2010 Employers who broke Massachusetts wage laws have paid more than $8 million in fines and restitution to workers and the state. Mass. personal bankruptcy filings rose in 2010 Personal bankruptcy filings in Massachusetts rose nearly almost 9 percent in 2010 from the previous year as hard times have many local consumers struggling with debt, the Warren Group said today. Boston investors to buy Italian soccer team Roma By Jenn Abelson, Globe Staff Forget the Revolution. Long live Roma! New outlets in Italy are reporting that a group of investors with Boston ties is negotiating to buy the AS Roma soccer team. Thomas R. Di Benedetto, president of... Raytheon 4Q net profit dips 9 percent WALTHAM -- Defense contractor Raytheon Co. said today that its fourth-quarter net income fell 9 percent because of debt retirement and pension expenses. Collier Meredith & Grew has a new name The Boston real estate firm Colliers Meredith & Grew said it has a new name --- Colliers International Boston. Zipcar will test electric vehicles Zipcar will test electric vehicles. As part of a pilot program, eight Toyota Prius Plug-In Hybrid Vehicles have been added to the Zipcar fleet. Digital laundry is here, Mac-Gray says Thanks to Mac-Gray's new Change Point system that connects washers and dryers to the Internet, laundry is going digital --- or so the company claims. Wednesday, January 26, 2011 Construction to begin on nation's 3rd largest hostel in Boston By Katie Johnston Chase, Globe Staff Construction is set to begin on a new 450-bed hostel in downtown Boston, a facility that will be the third largest hostel in the country when it opens in the spring of 2012, according...