Tue. Dec. 27, 2011 Home prices fall
Home prices in 19 of the top 20 cities in the nation, including Boston, fell in October compared to the month before, dragging down the Case-Shiller Home Price Index by 1.2 percent. In October 2011, Boston home prices were down -1.1 percent over September. The year-over-year change was the same: -1.1 percent. The previous month’s drop was not as great: just -0.8 percent. Obama to nominate Harvard professor to Federal Reserve
The White House announced plans today to nominate two former US Treasury officials to serve on the Federal Reserve board, including Harvard University professor Jeremy Stein. Belmont Rapid Infuser used in first liver transplantation in Iraq
The Belmont Rapid Infuser, manufactured in Billerica, was just used in the first ever liver transplant in Iraq. The trip was sponsored by The Red Crescent and Zheen International Hospital. Two young brothers were involved in the living-donor transplant surgery, which was successful, according to the company. The Rapid Infuser is manufactured by the Belmont Instrument Corporation. Mass. gas prices up 3 cents per gallon
Massachusetts gas prices have risen for the first time in six weeks, but still remain lower than they were early this year. AAA Southern New England reports Tuesday the average cost of a gallon of self-serve, regular is up three cents to $3.24. The current price is a penny above the national average. A year ago at this time the Massachusetts average price was $3.03. AAA found self-serve, regular as low as $3.11 and as high as $3.49 per gallon. MassMutual adds United Cerebral Palsy of New York City to list of retirement services clients
MassMutual’s Retirement Services Division has been selected by United Cerebral Palsy of New York City, Inc. as the new provider for the company’s 403(b), 401(k), and defined benefit retirement plans. The combined assets added $42 million to MassMutual’s platform. MassMutual Financial Group is a marketing name for Massachusetts Mutual Life Insurance Company and its affiliated companies and sales representatives. MassMutual is headquartered in Springfield. Nutrisystem builds on Affinnova platform
Affinnova, Inc., a Waltham marketing innovation software and services company, has been tapped by Nutrisystem to help introduce its next-generation program. Nutrisystem used Affinnova’s platform to collaboratively develop a vast range of potential marketing concepts, including names, key features, benefits and imagery. All told, there were over 73 million unique concepts to consider, test and evaluate in Nutrisystem’s “innovation space.” Forma expands drug discovery team
Forma Therapeutics today announced three new additions to its research and development team, expanding its oncology drug discovery capabilities. Jaime Escobedo has been named Vice President, Biology; Mark J. Tebbe has been named Vice President, Medicinal and Computational Chemistry; and Dennis France has been named Executive Director and Head, Biomolecular Screening. Pinpoint launches new laser alignment product
Pinpoint Laser Systems, based in Peabody, today announced a new, laser-based four-axis microgage system that the company says provides useful and accurate measuring information for evaluating and correcting machinery alignment problems. The new Laser Microgage 4D includes a receiver that will operate over distances of 100 feet and deliver measuring precision of 0.0005 inch and 0.002 degrees. It is designed to align lathes, turning centers, spindles, moving linear slides, and rams and pistons. Staples Foundation awards $2.5 million
The Staples Foundation, a private foundation created by Framingham-based Staples, Inc., announced today it has awarded more than $2.5 million in grants to 112 non-profit organizations serving at-risk youth throughout the country. Staples Foundation selected these organizations for their commitment to providing youth with the skills and resources needed to become responsible and caring citizens. A123 says batteries for Fisker may have potential safety issue
A123 Systems Inc., the maker of batteries for electric vehicles, said it found a “potential safety issue” in batteries it supplies to Fisker Automotive Inc. A123, which also sells batteries to automakers such as General Motors Co. and Daimler AG, said hose clamps that are part of the internal cooling system of its batteries supplied to Fisker were “misaligned” and may cause coolant to leak. Such a leak could lead to an electrical short circuit. Former Merrill Lynch broker awarded $650k
One of the former Merrill Lynch & Co. brokers blamed for selling nearly $14 million in high-risk securities to the City of Springfield received a measure of exoneration earlier this week when an arbitration committee awarded him $650,000 in damages for his firing from the financial advisory firm after the city’s investments went bad. | 
No comments:
Post a Comment