Wednesday, April 27, 2011

Daily Business Update from the Boston Globe

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Wednesday, April 27, 2011

Ad Age: Modernista is shutting down
Modernista, a Boston agency that once created ads for Cadillac and Hummer, is officially closing its doors, the trade publication AdvertisingAge is reporting.

Apple says white iPhone to arrive Thursday
CUPERTINO, Calif. -- Apple says the long-delayed white iPhone 4 will go on sale Thursday in the United States, United Kingdom, and 26 other countries for $199 or $299 depending on the model.

Alere 1Q profit slips on higher costs
WALTHAM -- Medical diagnostics company Alere Inc. said today that its profit fell slightly in the first quarter on rising costs.

E.B. Horn ring is a royal wedding doppelganger
It's a love birds' bonanza, a $10,000 replica of the sapphire-and-diamond ring that Prince William gave to Kate Middleton, and Hub jeweler E.B. Horn said it plans to give it away to engaged couple whose love story best exemplifies a "royal fairy tale."

AppNeta raises $6.2 million
AppNeta, a Wellesley company previously known as Apparent Networks Inc., said today that it has raised $6.2 million in new funding.

Report: Acme Packet is market-share leader
Infonetics Research Inc. identified Acme Packet as the leader in the enterprise session border controller market, Bedford-based Acme Packet said.

Baskin-Robbins gears up for 31-cent ice cream
Baskin-Robbins is holding its annual 31-cent ice cream scoop day later today.

Arnold ads pitch Jack Daniel's Tennessee Honey
Arnold Worldwide, the Boston ad agency, said it is helping client Jack Daniel�s with the launch of a new product called Tennessee Honey, which pairs the brand's signature Old No. 7 whiskey flavor with a honey liqueur.

Thermo Fisher 1Q profit rises 8.5 percent
WALTHAM -- Thermo Fisher Scientific Inc.'s profit rose 8.5 percent in the first quarter on rising instrument sales, and the scientific instrument maker raised its earnings outlook.

Massachusetts is a safe place to work
Massachusetts is one of the safest states to work, according to annual report from the AFL-CIO titled, "Death on the Job: Safe Jobs Save Lives."

Tuesday, April 26, 2011

Southwest unveils airline sale
Southwest just announced a sale for travel through June 29. You have until May 2 to buy tickets and a 14-day advance purchase is required. Discounted fares are available every day except Fridays and Sundays and May 26, 30 and 31 are blacked out.

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