Tuesday, March 22, 2011

Daily Business Update from the Boston Globe

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Tuesday, March 22, 2011

Corporate owner of Boston Red Sox changes name
The parent company that owned the Boston Red Sox, Liverpool FC and half of Roush Fenway Racing has changed its name to Fenway Sports Group.

NextWorth offers iPad trade-ins at Target stores
NextWorth.com, a Lawrence company that buys used electronics from consumers, said it has expanded its relationship with the Target discount chain to provide in-store trade-ins for previous generations of iPads and Nintendo DS game systems.

Leonard Green firm considering offer for BJ's
Investment firm Leonard Green & Partners LP is considering an offer to acquire warehouse club operator BJ's Wholesale Club.

Raytheon is poised to open new Va. office
Waltham defense contractor Raytheon Co. has scheduled a formal dedication for March 29 of its new offices in Herndon, Va.

Product aims to help colleges, students save money
SLM Corp., the parent of Newton's Upromise is unveiling a product that aims to give colleges and universities more efficient and student-friendly options to manage tuition refunds.

Fidelity’s online brokerage wins award
For the second straight year, Fidelity Investments said its online brokerage business has been selected as a 2010 Best of the Web Performance Gold Award Winner by Compuware Corp., the technology performance company.

Farmers pitch catfish at Hub trade show
The catfish industry gins up its marketing efforts at a seafood trade show now underway in Boston.

Mullen has a new chief strategy officer
Boston ad agency Mullen said that Kristen Cavallo will join the agency as chief strategy officer, a key leadership role.

Monday, March 21, 2011

Patient activists more involved in health care
By Robert Weisman, Globe Staff CAMBRIDGE -- Patient activists are stepping up their role in health care and drug development, funding research, helping companies set priorities, and banding together over the Internet to share their experiences with everything from doctors...

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