Friday, March 18, 2011

Daily Business Update from the Boston Globe

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Friday, March 18, 2011

State Street will raise quarterly dividend
State Street Corp. today announced that it would raise its quarterly stock dividend for the first time since the financial crisis erupted in the fall of 2008, after approval by the Federal Reserve.

Groupon suspends discount drink policy in Mass.
Groupon Inc., the daily-deal website based in Chicago, said today that it has temporarily suspended its policy that allowed consumers to buy both discounted food and drink at participating Massachusetts restaurants.

CampusLIVE taps Altus Marketing
Altus Marketing & Management, a Boston marketing and public relations firm, said it is the marketing firm of record for CampusLIVE.

Bruegger’s has a new owner
Bruegger's Enterprises, a Vermont-based bakery-cafe chain known for its bagels, said it has been sold to Le Duff America Inc. for an undisclosed amount.

Loans for Boston apartment building get OK
MassHousing, the state's affordable housing bank, said that it has approved $2.2 million in loans for the Greenway Apartments in East Boston.

OpTerra buys Bluestone Energy Services
OpTerra Energy Corp. of Denver said it has bought Bluestone Energy Services as part of an effort to expand its service offerings and broaden its geographic reach.

SmartOps will be a sponsor of OpsSimCom
SmartOps Corp.announced its sponsorship of MIT Sloan�s Operations Simulation Competition --- OpsSimCom --- which is set to take place April 7 through April 10.

Thursday, March 17, 2011

RSA says security breach may have compromised SecurID
RSA, the Bedford-based data security division of Hopkinton�s EMC Corp., said today that an attack on its computer systems may have compromised the reliability of SecurID, one of its chief products.

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