Daily Business Update from the Boston Globe

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	ADVERTISEMENT Friday, January 28, 2011 PTC lands a new customer Parametric Technology Corp., a Needham company that refers to itself as PTC, said it has a big new customer: the South Korean company that manufactures the Hyundai and Kia automotive brands. Mass. economy slows in fourth quarter The Massachusetts economy slowed significantly in the fourth quarter of 2010, the first time in a year that the US economy grew faster than the state's. Boston Scientific doesn't see big impact from suit Boston Scientific Corp. said today that it doesn't expect the civil lawsuit filed by the US government over implantable heart devices to cost the company a significant amount of money. Cambridge Health Alliance completes reconfiguration Next week's planned move of the Human Resources Department into the Somerville Hospital campus will complete a major system-wide reconfiguration project for Cambridge Health Alliance. Children's Hospital receives New Balance gift Children's Hospital Boston announced a $7 million gift from the New Balance Foundation to establish the New Balance Foundation Center for Childhood Obesity Prevention, Clinical Research, and Care. Robot firm is moving to Hub’s Innovation District Heartland Robotics Inc. is relocating its corporate HQ and product development efforts from Cambridge to an area of Boston's Fort Point Channel neighborhood that falls within what Mayor Thomas M. Menino has dubbed the "Innovation District." Campanelli buys Canton, Dedham buildings Campanelli Cos., a commercial real estate development and construction firm, said it has bought five properties in Canton and Dedham for $11.4 million as part of its joint venture partnership with TriGate Capital. Thursday, January 27, 2011 Google's hiring spree to be felt in Cambridge The company is recruiting local engineers, advertising managers, and administrative staff -- all part of a global hiring spree, the biggest in Google's history, with plans to hire more than 6,000 workers worldwide this year. 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.