Friday, May 22, 2009

Daily Business Update from the Boston Globe

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Friday, May 22, 2009

Paragon plans big Hub flower show for spring
(This photo was provided by Paragon.) Paragon Group Inc., an events marketing company headquartered in Needham, said it will produce the Boston Flower & Garden Show at the Seaport World Trade Center in Boston next March. According to Paragon,...

Bernanke to BC Law: US economy will rebound
(File photo: Paul J. Richards, AFP/Getty Images) Federal Reserve chairman Ben Bernanke said yesterday that the nation has returned to prosperity after severe economic downturns in the past, and will do so again as it works through the worst...

Fidelity plans free college-savings seminars
Fidelity Investments said it will offer 16 free seminars in Massachusetts that will focus on college savings options and how consumers can determine which option might make the most sense for them. Folks who attend next week's seminars will receive...

Mass. consumer confidence rose last month
Consumer confidence in Massachusetts jumped last month, soaring to its highest level since the fall of 2007 as residents sensed the worst for the economy is over, according to quarterly index published by a Boston consulting firm. The Massachusetts Consumer...

XXI Forever pretties up for Northshore Mall debut
(This photo of Forever 21 styles was provided by Northshore Mall.) Officials for the Northshore Mall in Peabody said that XXI Forever has scheduled a grand opening for tomorrow of a 40,000-square-foot clothing store in the mall's new wing....

Who, What, Where
Max Senechal and Nigel Godley have joined the headquarters office of CRA International Inc., a Boston company that provides management, economic, and financial consulting services. As a vice president, Senechal focuses on the development of business strategies, operations improvement projects,...

MassHousing honors lenders
MassHousing, the state's affordable housing bank, recently honored seven of the agency's top-producing lending partners for "excellence in promoting and originating the agency's affordable mortgage and mortgage insurance products." Honorees included the Bank of Canton, Bank of America Corp.,...

Celtics, OmniPresence unveil partnership
(Eddie House celebrates a Celtics' playoff game victory. File photo: Jim Davis/Globe staff) The Boston Celtics and OmniPresence said that a new a partnership will make the Marlborough-based audio-and-video teleconferencing company the Celtics' "official video conferencing and audio visual...

Today in Globe Business
Bay State's recession may outlast the nation's The recession in Massachusetts will last longer and run deeper than in the nation as a whole, but the state may recover more quickly than it has from earlier economic downturns, according to...

Thursday, May 21, 2009

Perold appointed to Fidelity post
Fidelity Investments, the Boston mutual funds company, said that Jacques P. Perold has been appointed to the newly created position of chief operating officer of Asset Management. In that capacity, Perold will "oversee day-to-day management of Fidelity's asset management groups,"...

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