Wednesday, June 3, 2009 Biogen Idec adjourns without disclosing board vote
The management of Biogen Idec Inc. adjourned its annual shareholders meeting this afternoon without disclosing who was elected to its board of directors. The Cambridge biotechnology company is embroiled in a proxy fight with billionaire investor Carl Icahn, who is... Dunkin’ launches Facebook sweepstakes
Dunkin' Donuts is launching a Facebook sweepstakes campaign to promote its Coolatta line of beverages along with a promotional Coolatta price. Through June 24, the Canton-based coffee-and-baked-goods chain is "inviting Coolatta fans to 'Grab It, Snap It, Post It... NetApp matches EMC's bid for Data Domain
NetApp Inc raised its bid for Data Domain Inc to $30 from $25 per share today, matching EMC Corp's bid and opening up a bidding war for the data storage company. NetApp, one of the top makers of data storage... Raytheon wins $14.7m maintenance contract
Raytheon Co., the Waltham defense contractor, said it won a $14.7 million contract from the U.S. Army to continue providing maintenance services on missile defense systems in the US and overseas. Under the terms of the deal, the defense contractor... Job offers drop for MIT Sloan graduates
The head of the career development office at the MIT Sloan School of Management estimates that 80 to 85 percent of the Sloan class of 2009 will have a job offer by graduation, a 5 percent decrease from last year... HRPT Properties unit prices offering of 10m shares
HRPT Properties Trust, a Newton-based office real estate investment trust, said that its subsidiary, Government Properties Income Trust, priced an initial public offering of 10 million shares at $20 each, for an expected $200 million in proceeds. The offering is... Gillette parent buys the Art of Shaving brand
Procter & Gamble Co., the consumer-products giant that bought Gillette four years ago, said it has purchased the Art of Shaving brand, a high-end, male-focused shaving products business that operates 36 stores. Terms of the acquisition were not disclosed.... Brockton hospital chief on leave amid probe
Norman B. Goodman, chief executive of Signature Healthcare Brockton Hospital, is on leave from his job pending an investigation into "allegations of inappropriate behavior," according to the hospital's board of trustees. In a statement, the 17-member board did not... The Chestnut Green Apartments has begun leasing
The Chestnut Green Apartments, a residential rental complex in Foxborough, has opened a model unit and has begun leasing apartments for summer occupancy, its developers said. The location is the former Foxborough State Hospital, a collection of Greek Revival... RI AG calls for hearing on insurance rate hikes
PROVIDENCE - Rhode Island Attorney General Patrick Lynch says it's "outrageous" that no public hearing has been scheduled on double-digit premium hikes requested by the state's two biggest health insurers. Insurance Commissioner Chris Koller is soliciting public comment, but has... New Balance gears up for National Running Day
Gourmets may be guilty of looking ahead to Friday, which according to Dunkin' Donuts, is National Doughnut Day, but for fitness buffs, June 3 is a red letter day that will henceforth be venerated as National Running Day. In lieu... Today in Globe Business
Pallotta is shutting his hedge funds James J. Pallotta, one of Boston's most prominent hedge fund managers, told investors yesterday he is shutting down his funds and returning most of an estimated $800 million to clients, just months after starting... | 
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