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Fri. Apr. 27, 2012 Eastern Bank wins Environmental League of Mass. award The Environmental League of Massachusetts said it will bestow its Green Star Award to Eastern Bank at the league’s Earth Night gala May 5. According to the league, an environmental advocacy group, Eastern Bank has more LEED certified branches than any other retail bank in Massachusetts. The league also cited Eastern Bank for its recent announcement that 100 percent of its energy will come from renewable energy sources as a result of an agreement with Constellation Energy.	Advertisement
ImmunoGen fiscal 3Q loss widens as expenses rise ImmunoGen Inc.’s fiscal third-quarter loss widened, as operating expenses rose and the cancer treatment developer took in a smaller amount of research and development support fees. The Waltham company said Friday it lost $18.7 million, or 24 cents per share, in the three months that ended March 31. That compares with a loss of $15 million, or 22 cents per share, in the same quarter last year. Revenue fell to $3.3 million from $5.2 million.
Mass. economy grows strongly in first quarter, doubling US pace After a slowdown at the end of 2011, the Massachusetts economy gained steam in the first three months of this year and is expected to steadily strengthen throughout 2012. The University of Massachusetts and the Federal Reserve Bank of Boston reported Friday that Massachusetts’ economy continued to outperform the nation’s. It found consumer confidence, consumer spending , and sales in Massachusetts’ important high-tech sector were all on the rise. Forecasters noted in particular a revival in semiconductor sales, a bellwether for Massachusetts technology driven economy.
Jordan’s Furniture to donate baseball gear to Red Sox Foundation youth program at Fenway Park Jordan’s Furniture is set to deliver a truck full of baseball and softball equipment to Fenway Park Saturday as the chain looks to help the Red Sox Foundation provide gear to inner city youth programs. As part of the “Double Play Youth Baseball Program,” Taunton-based Jordan’s collected “gently used baseball and softball equipment” from customers at its stores. To encourage donations, Jordan’s held a contest for collecting the most gear. The winners? Hingham High School and Natick Little League.
Saucony unveils Kinvara 3 running shoe Saucony, the Lexington-based athletic footwear brand, is supporting the launch of its Kinvara 3 running shoe with aggressive marketing that taps into the brand’s mantra of “Find Your Strong” and makes big use of social media. Saucony describes the marketing roll-out as its largest launch effort to date. Weighing in at less than 8 ounces, the Kinvara 3 has a design that aims to position a runner’s foot in a way that creates a greater range of motion, Saucony claims.
Report: 58 Mass. workers killed on the job in 2011 Fifty-eight workers across Massachusetts were killed on the job in 2011, including 10 firefighters who died from work-related cancer and heart disease. That’s according to an annual report released by the Massachusetts AFL-CIO and the Massachusetts Coalition for Occupation Safety and Health. The report estimates that far more workers died from occupational diseases or were diagnosed with cancers caused by workplace exposures.
Jones Lang LaSalle hires Frank Petz Jones Lang LaSalle, a financial and professional services firm specializing in real estate, has hired industry veteran Frank Petz to lead its overall capital markets business for New England. The hiring is part of Jones Lang LaSalle’s commitment to build a broad capital markets presence throughout New England with a focus on debt finance, equity placement, and investment sales.
Upgrades will close a Logan runway for the summer A runway at Logan International Airport will be closed for the summer to undergo $93 million worth of improvements. The safety project will increase the existing concrete material area at the end of the runway from 188 feet to 600 feet, extending into Boston Harbor on a concrete deck supported by concrete pilings. The airport only operates three of its six runways at one time in the best wind and weather conditions.
City Year taps Allen & Gerritsen as its ad agency Allen & Gerritsen has been chosen to be the ad agency of record for City Year, a Boston-based group that looks to lower the school dropout rate by recruiting a corps of young people who serve as mentors and tutors in after-school programs. This year, more than 2,000 City Year corps members are expected to serve in 189 schools around the country. Billings for the account are not being disclosed. Allen & Gerritsen has offices in Watertown.
TD Bank Chief Ed Clark outlines plans to add branches in US, Massachusetts TD Bank Group, already one of the biggest banks on the East Coast, plans to keep growing, the bank’s top executive said Thursday in Boston.
Liberty Mutual says profits up 26 percent for first quarter of 2012 Liberty Mutual Holding Co. of Boston reported today it earned $459 million for the first quarter, up 26 percent from the same period a year earlier.
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