Daily Business Update from the Boston Globe

To ensure you receive your Boston.com e-mails, please add newsletters@boston.com to your address book. If you have trouble reading this e-mail, go to http://www.boston.com/business/ticker_headlines
Get up-to-the-minute Globe Business Updates   |  More Business News
	ADVERTISEMENT Monday, April 25, 2011 State court rules attorneys must particpate in home closings The Massachusetts Supreme Judicial Court today released a ruling requiring the "substantive participation" of attorneys in real estate transactions in a long-awaited decision celebrated by local legal associations. New signs highlight S. Boston Waterfront hot spots The City of Boston is part of a collaborative effort that is deploying new eye-catching street signs that will direct drivers to cultural and commercial destinations on the South Boston Waterfront as well as to public parking locations. Local gas prices jump 16 cents a gallon The Massachusetts average price for gas was $3.829 a gallon in the latest weekly survey from AAA, up 16 cents from the previous week's average, AAA Southern New England said today. Avid stock shares fall Shares of Avid Technology Inc., a Tewksbury company focused on digital audio and video technology, fell nearly 14 percent in morning trading after the company posted an unexpected loss last week. BAE Systems receives $56m Army order BAE Systems, a global defense, security, and aerospace company with operations in Lexington, said it will provide thermal weapon sights to the US Army under a $56 million contract. FDA gives OK to a Boston Scientific stent Boston Scientific Corp., the Natick-based medical device company, said that the Food and Drug Administration has approved the launch of one of its coronary stent systems in the United States. Former Patriot wins biz plan competition Former Patriot Matt Chatham has developed an idea for a crepes franchise that recently won a Babson College business plan competition. Digital marketing shop launches in Boston Industry veterans Tim Bourgeois and David Polcaro said they have launched East Coast Catalyst Inc., a digital strategy management consulting firm based in Boston. Eastern Bank ranks high in customer satisfaction Eastern Bank said it was ranked highest in customer satisfaction among New England retail banks by J.D. Power and Associates for the second straight year.