Mon. Dec. 19, 2011 Staples Foundation announces donations to 50 Massachusetts nonprofits
The Staples Foundation, the private charitable arm of office-supply giant Staples Inc. of Framingham, announced donations to 50 Massachusetts nonprofit organizations that provide young people with academic support, technology skills, and job skills. The grants generally range from $8,000 to $24,000. Mass. gas prices drop another 6 cents a gallon
The average price for gas in Massachusetts is $3.219 a gallon in the latest weekly AAA survey, down 6 cents from the previous week’s average, AAA Southern New England said today. It’s the fifth straight week that the Massachusetts average price has dropped. The current national average for gas is $3.22 a gallon. A year ago at this time, the Massachusetts average price was $3.00 a gallon. VistaPrint to buy Webs for $117.5m
VistaPrint NV, which provides printing and marketing services online for small business customers, said it has agreed to pay $117.5 million to buy Webs Inc., a Maryland company that sells products and services to the same groups of small business customers. Webs offers do-it-yourself suites of websites and Facebook Pages for small businesses. With about 50 full-time employees, Webs’ 2011 revenues are projected to be $9 million, said VistaPrint, which has its North American headquarters in Lexington. Prudential to sponsor the retirement risk index from Boston College center
Prudential Financial Inc. said today that it will be the exclusive sponsor of the Center for Retirement Research at Boston College’s National Retirement Risk Index. The index measures the percentage of working-age Americans at risk of failing to maintain their standard of living in retirement, said Prudential, a New Jersey-based financial services company. As index sponsor, Prudential said it will underwrite a number of studies conducted by the Center for Retirement Research related to the index. Survey: What do college kids want for the holidays? Fashionable duds
Sure, college kids crave iPads and tablets, but they also have a sense of fashion. In fact, the most popular item on a student’s holiday wish list is snappy haberdashery. That’s one finding gleaned from a national survey of 2,000 college students undertaken by Campus Entertainment, a marketing firm with offices in Boston. The firm focuses on creating marketing campaigns that connect products and services with the college-student demographic. Dicerna to get $5m milestone payment
Dicerna Pharmaceuticals Inc. said that Kyowa Hakko Kirin Co. Ltd., or KHK, has elected to advance its first collaborative oncology candidate from the research stage into formal development studies, a move that triggers a $5 million milestone payment for Dicerna. In early 2010, Watertown-based Dicerna announced a research collaboration and license agreement with KHK worth up to $1.4 billion for the research, development, and commercialization of DsiRNA pharmaceuticals and drug delivery systems for therapeutic targets in oncology. Richard Syron’s reputation at odds with SEC charges
It’s hard to picture Dick Syron as the bad guy. That’s certainly the role cast for him as the lead defendant in the Securities and Exchange Commission lawsuit alleging top executives of Freddie Mac mislead investors about hundreds of billions of dollars in dangerous mortgage guarantees. That picture doesn’t match up with Syron’s professional reputation built over decades in Boston and elsewhere. Coronado Biosciences is set to begin trading on Nasdaq
Coronado Biosciences Inc. said that its common stock has been approved for listing on the Nasdaq Capital Market and is scheduled to begin trading Monday under the symbol CNDO. The Burlington company is focused on developing immunotherapy agents for the treatment of autoimmune diseases such as such as Crohn’s disease, ulcerative colitis, and multiple sclerosis as well as treatments for cancer. Ex-Freddie Mac, Fannie Mae chiefs, including Richard Syron, sued by SEC over loans
Richard Syron, the former chief executive of Freddie Mac, and Daniel Mudd, ex-CEO of Fannie Mae, were sued by the US Securities and Exchange Commission over disclosures they made about subprime loans. Complaints were filed against the two men today in Manhattan federal court. “This action arises out of series of materially false and misleading public disclosures,” the SEC said in the complaint filed against Syron. Syron once ran the Federal Reserve Bank of Boston. Sears sets midnight last call for last-minute holiday shoppers
More and more consumers are indicating that they prefer to do their holiday shopping at off-hours. Night-shift workers, procrastinators, folks who hate to battle crowds --- these apparently are some of the consumers who have come to regard holiday shopping as an after-dinner activity. To oblige this late-night demographic, Sears is planning to keep many of its department stores open until midnight through Dec. 23. Radius Health closes $21.4m equity tranche
Radius Health Inc., a Cambridge company company developing drugs for osteoporosis, announced today the closing of the third and final equity tranche of the company’s $91 million financing round, which was announced in May. Radius said it is allocating the proceeds of the financing primarily to advance the ongoing clinical study of its BA058 drug candidate, a bone-building drug for the treatment of osteoporosis. | 
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