Wednesday, September 2, 2009 Starent shares climb after upgrade at Wedbush Associated Press Shares of Starent Networks Corp. climbed after a Wedbush Morgan upgraded the stock, calling it a good buy given few competitive challenges ahead for the company in the near term. Shares of Starent, a Tewksbury-based company that makes... Casual Male Retail Group to sell 4.95 million shares Associated Press Casual Male Retail Group Inc., a Canton-based retailer that specializes in selling apparel to big and tall men, announced plans to sell $13.6 million of common stock to institutional investors. The 4.95 million shares will be sold for... Quanterix has a new chief executive By Chris Reidy, Globe Staff Quanterix Corp. of Cambridge said that David Okrongly has been appointed chief executive and a member of the company's board of directors. Okrongly replaces co-founder and interim chief executive Nicholas Naclerio, who will continue serving... AAA: Late Labor Day should mean fewer travelers By Chris Reidy, Globe Staff A late Labor Day this year should mean fewer vacationers, AAA said. In a press release, AAA said it is projecting that 39.1 million travelers will take a trip of 50 miles or more from... Samsonite retail unit files for Chapter 11 Associated Press Samsonite Company Stores LLC, the US. retail unit of the luggage maker, filed for Chapter 11 protection with a pre-packaged reorganization plan that includes stores closings. Parent company Samsonite Corp. is undergoing its own restructuring to cut costs,... Acceleron Pharma reports on drug candidate By Chris Reidy, Globe Staff Acceleron Pharma Inc., a privately held biopharmaceutical company, said that preliminary test results were encouraging for its drug candidate designed to help people with neuromuscular diseases such as muscular dystrophy and amyotrophic lateral sclerosis, or... UPromise offers college savings advice By Chris Reidy, Globe Staff UPromise is offering some tips on how parents can plan and save for their children's college expenses in recognition of September as National College Savings Month. Estimate the full cost of a college degree, UPromise... IDC issues report on the server market By Chris Reidy, Globe Staff Factory revenue in the worldwide server market declined 30.1 percent year over year to $9.8 billion in the second quarter of 2009, according to IDC. A global intelligence firm based in Framingham, IDC issues a... Today in Globe Business Most Mass. banks are keeping bailout funds Most of the 10 Bay State banks that received funding under the federal government?s bailout of the financial industry are keeping the money so far, despite financial industry complaints of a stigma associated... Tuesday, September 1, 2009 Bluefin Robotics plans Quincy move By Chris Reidy, Globe Staff Bluefin Robotics Corp., a Cambridge firm that develops and manufactures autonomous underwater vehicles, will relocate to the Quincy Shipyard. The announcement was made by Jay Cashman, owner and chief executive of Cashman Inc. Bluefin... Raytheon to provide technical assistance to Taiwan Associated Press Waltham defense contractor Raytheon Co. said it has been awarded a contract worth $26.9 million to provide technical assistance to Taiwan's missile defense system. The award from the US Army Aviation and Missile Command represents a modification to... Southwest gears up for St. Louis flights By Paul S. Makishima, Globe Staff Southwest, which just launched service from Boston a couple weeks ago, says that it will begin offering two daily flights from Logan to St. Louis starting Jan. 10. "Demand in Boston has been ahead... |
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