Friday, March 4, 2011

Daily Business Update from the Boston Globe

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Friday, March 4, 2011

ULTA is coming to Northshore Mall
The operator of the Northshore Mall in Peabody said that beauty retailer ULTA plans to open a store there next month.

Wall St. Journal publisher to address BC CEO club
Wall Street Journal publisher Les Hinton is scheduled to address the Boston College's Chief Executives� Club of Boston lunch March 10 at the Boston Harbor Hotel, BC said.

EMC chief awarded $12m pay package in 2010
EMC Corp., the world's biggest maker of data storage computers, awarded chief executive Joe Tucci a compensation package company valued at $12.4 million for 2010, according to an Associated Press analysis of a regulatory filing.

Seagrave will be new Vineyard Gazette publisher
Jane R. Seagrave has been appointed as the publisher of the Vineyard Gazette, a 164-year-old newspaper on Martha's Vineyard, the paper's owners said.

Harvard Pilgrim, Tufts call off merger talks
In an about-face this morning, the state's second and third largest health insurers said they are no longer pursuing a merger.

Saucony sneaker wins kudos
Saucony, an athletic footwear brand based in Lexington, said that its ProGrid Peregrine was recognized as an Editor's Choice by Runner's World magazine.

Schilling to deliver commencement address in RI
WARWICK, R.I. -- Former Red Sox pitcher and video game entrepreneur Curt Schilling is scheduled to deliver the commencement address at the New England Institute of Technology.

Industry report: EMC gains market share
EMC Corp., the data storage giant headquartered in Hopkinton, cited an analyst firm's report to note that it has gained share in all of the major markets it serves.

AGAR HQ in Taunton secures $18m in financing
Holliday Fenoglio Fowler LP, or HFF, said that it has secured $18 million in financing for a 326,000-square-foot, single-tenant industrial property in Taunton.

Sony taps Skyhook for portable game system
Boston-based Skyhook said some of its location technology will be embedded in the next-generation portable entertainment system from Sony Computer Entertainment Inc.

Thursday, March 3, 2011

Rugged Bear stores to liquidate
By Jenn Abelson, Globe Staff Children's clothing purveyor Rugged Bear is shuttering all 29 stores and a liquidation sale is beginning tomorrow. The Norwood chain filed for bankruptcy protection earlier this year and Boston liquidator Gordon Brothers Group this week...

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