Thu. Jul. 21, 2011 Steinway hires Allen & Co. to help evaluate strategic alternatives
Steinway Musical Instruments Inc., the Waltham-based manufacturer of musical instruments, today announced that Allen & Company LLC has been retained to help it evaluate strategic alternatives, including the previously announced possible sale of the company’s band instrument and online music divisions. Filene’s Basement parent asks Cushman & Wakefield for help in evaluating its future
Syms Corp., the New Jersey retail chain that bought Filene’s Basement two years ago, said it has hired Cushman & Wakefield to help Syms evaluate its strategic options, which could include selling Syms. Thermo Fisher Scientific enters licensing deal with Alere
Thermo Fisher Scientific Inc., a Waltham company that sells a broad range of lab equipment and analytical instruments, said it is licensing some of its biomarker technology to Alere, which is also a Waltham life sciences company. Fidelity unit launches new business
Pyramis Global Advisors, a unit of Fidelity Investments, said it has launched a global institutional cash services business. State unemployment rate is unchanged at 7.6 percent
The Massachusetts unemployment rate held steady a 7.6 percent in June as Bay State employers added 10,400 jobs, the state’s Executive Office of Labor and Workforce Development reported today. Planning a cheapskate vacation? Bulgaria could be the place for you
TripAdvisor, the travel review website in Newton, has devised something it calls the TripIndex. The TripIndex crunches such data as currency exchange rates along with hotel fees and the cost of a dry martini to determine the best bargains for US travelers this summer. Two former Prudential Securities brokers to pay $1.3 million in market timing case
A federal judge has ordered two former brokers for Prudential Securities Inc. in Boston to pay a total of $1.3 million for improper gains reaped in the market timing of mutual funds, federal regulators said. NH firm is relocating its HQ to Cambridge
Bradford Networks, a New Hampshire company that helps schools and businesses prevent data breaches, said it is relocating its headquarters to Cambridge because it sees high demand for its services in Greater Boston. Galvin accuses RBC of dishonest practices
Massachusetts Secretary of State William Galvin is charging that RBC Capital Markets and one of its former agents engaged in “dishonest practices” in selling exchanged traded funds to clients who did not understand them. Fidelity Charitable: Contributions up 12%
Fidelity Charitable, which has just shortened its name from the Fidelity Charitable Gift Fund, reported a 12 percent increase in contribution dollars for the first six months of the year. iRobot to explore adapting robots for hospital use
Bedford’s iRobot Corp. is teaming up with a California company to devise and adapt robot that can perform hospital and health care tasks. | 
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