Tuesday, August 18, 2009 AdvanDx closes $8 million financing round
By Chris Reidy, Globe Staff AdvanDx, a Woburn-based company focused on providing advanced molecular diagnostic products for the prevention, diagnosis, and treatment of life-threatening bacterial infections, said it has closed another $8 million in financing from existing stockholders, SLS Venture... US cranberry production projected to fall in 2009
(File photo of a Duxbury bog: David L. Ryan/Globe Staff) Associated Press The nation's cranberry production is projected to drop by 10 percent this year, even as worldwide demand for the berry rises. The US Department of Agriculture's annual... Textron shares rise; analyst sees troubles easing
Associated Press Shares of Textron Corp. rose as an analyst said problems at the diversified manufacturer's finance business have eased and the company now has sufficient cash. In a client note, UBS analyst David E. Strauss said the Providence-based company... Insulet names Devlin chief commercial officer
Associated Press BEDFORD -- Medical device company Insulet Corp. named Peter J. Devlin its chief commercial officer Monday. The position is newly created and Devlin will lead the company's sales, market, business development, clinical research and customer care operations. Devlin... Massachusetts targets payday lenders
Associated Press Massachusetts is ordering 95 companies to stop marketing Internet payday loans. A payday loan is short-term, high-rate personal loan. In exchange for the loan, a borrower allows the lender to automatically debit his bank checking account. Repayment of... Eastern Bank helps Peabody Little League team
(File photo of Peabody Little League team: Barry Chin/Globe Staff) Eastern Bank said it has donated $10,000 to cover the travel expenses of Peabody Western Little League family members traveling to Williamsport, Pa., to watch their sons play in... Brady's return scored big TV ratings
(File photo of Patriots coach Bill Belichick and Brady: Jim Davis/Globe Staff) By Johnny Diaz, Globe Staff Quarterback Tom Brady's return to the field helped WBZ-TV (Channel 4) score big ratings last Thursday in the Patriots' first preseason game... Four teams will vie for right to build green housing
By Chris Reidy, Globe Staff MassDevelopment said it has selected four teams led by Massachusetts-based developers to compete for the right to build moderately priced single- and multifamily zero-net energy homes in Devens. MassDevelopment, which owns and operates Devens, is... TJX 2Q profit climbs as consumers bargain shop
(File photo: Stephan Savoia/AP) Associated Press TJX Cos., the Framingham retailer, said in a press release that its fiscal second-quarter profit rose 31 percent as its discount-oriented stores continued to lure in cost-conscious shoppers. The operator of stores including... Painter is set to become Kadant's chief executive
By Chris Reidy, Globe Staff Kadant Inc., a Westford supplier to the global pulp and paper industry, said that Jonathan W. Painter will become chief executive officer and a company director on Jan. 3 as part of a succession plan... PerkinElmer enters deal with Max Planck Society
By Chris Reidy, Globe Staff PerkinElmer Inc., a Waltham life sciences company specializing in improving the health and safety of people and the environment, said it has entered into an exclusive agreement to license ultra-fast, low cross-talk solid state silicon... AMSC gets order from Hyundai Heavy Industries
By Chris Reidy, Globe Staff American Superconductor Corp., a Devens company focused on energy technologies, said it has received an initial order for 17 sets of full wind turbine electrical systems from Hyundai Heavy Industries Co. Ltd. HHI is the... HeartWare announces proceeds from stock sale
Associated Press Heart pump maker HeartWare International Inc. said it grossed $60 million from a sale of 2.7 million shares of common stock. The company, which is based in Framingham, said it offered the stock at $22 per share. The... Mac-Gray taps Dynadec for optimization solution
By Chris Reidy, Globe Staff Dynadec said that Mac-Gray Corp., the Waltham-based provider of laundry facilities management services, will use a Dynadec optimization solution that will help Mac-Gray "improve daily decision making in responding to client service needs." In a... New maple-tree spout could yield syrup bonanza
Associated Press WILLIAMSTOWN, Vt. -- It's 2 inches tall, costs about 35 cents and looks like a tiny rocket ship. But it has big potential: Scientists at the University of Vermont who developed a new maple spout adapter say it... Today in Globe Business
TJX suspect linked to new thefts The Miami man accused of masterminding the theft of more than 40 million credit card numbers from TJX Cos. of Framingham, BJ?s Wholesale Club of Natick, and other stores four years ago was charged... Monday, August 17, 2009 Turnpike Authority to clean up stalled project's site
By Casey Ross, Globe Staff The Massachusetts Turnpike Authority will pay to undo construction work by Columbus Center?s developers, who have been unable to proceed with the project since halting work due to financial problems in spring 2008. Jeffrey Mullan,... Mass. tweaks ID theft security rules
By Todd Wallack, Globe Staff In response to complaints from businesses, state regulators today agreed to tweak a new set of data security rules that are intended to deter identity theft. The latest version of the proposal, slated to go... Acushnet: Appeals court overturns previous verdict
Associated Press Acushnet Co., a Fairhaven firm that makes golf balls, said that the US Court of Appeals granted its request for a new trial regarding a patent dispute with Callaway Golf Co. The two companies have been wrangling over... | 
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