Monday, November 16, 2009

Daily Business Update from the Boston Globe

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Monday, November 16, 2009

Cruiseport Boston sets passenger record
There were 299,736 cruise passengers traveling through the Port of Boston in 2009, an 11 percent increase over last year, the Massachusetts Port Authority said. During the 2009 season, cruise ships made 105 visits to Cruiseport Boston?s Black Falcon Cruise...

Facebook, Twitter add new words to dictionary
Wordsmiths and fans of the action verb might want to get a load of this: "Unfriend" is the New Oxford American Dictionary's 2009 Word of the Year, the dictionary's publisher, Oxford University Press, said in a press release. According to...

Metabolix public offering nets $29 million
Associated Press CAMBRIDGE - Biosciences company Metabolix Inc. said today it completed its public offering of 3.5 million common shares, resulting in net proceeds of $29 million. The company said the underwriters exercised their 450,000-share overallotment option. Shares were sold...

Monster.com, San Diego newspaper form alliance
Monster.com, a job-recruiting and careers website with much of its operations in Maynard, announced a strategic alliance with the San Diego Union-Tribune newspaper. The alliance will provide Union-Tribune readers "with access to Monster's tools and career resources to help local...

Fidelity, MetLife team up to offer annuity
Fidelity Investments, the Boston mutual funds giants whose portfolio includes retirement savings products, said it is teaming up with the MetLife insurance company to offer "a new deferred variable annuity product designed for individuals who are either retired or transitioning...

Mass. gas prices fall 3 cents a gallon
The average price for a gallon of gas in Massachusetts fell 3 cents in the latest AAA weekly survey, following four straight weeks of increases, AAA Southern New England said. "AAA?s Nov. 16 survey of prices in Massachusetts found self-serve,...

Genzyme gets FDA letter on Allston plant
Genzyme Corp., the Cambridge biotechnology company, said that the Food and Drug Administration has given it a list of deficiencies that Genzyme needs to correct at its Allston facility, which had to temporarily suspend production earlier this year to address...

Alkermes' Vivitrol succeeds in opiate study
Associated Press Alkermes Inc. said a late stage clinical trial shows its drug Vivitrol, which is used to help alcoholics quit drinking, also helped opioid addicts stay off drugs. Subjects who were injected with Vivitrol once per month were more...

Santa insists on discounts this year, survey says
Holiday shoppers will scrutinize those circulars and do lots of comparison shopping as they hunt for bargains this year, and many will buy only items that are on sale, according to a survey of consumers by the NPD Group, a...

Bruker BioSpin will have two co-presidents
Bruker Corp. said it has appointed Bernd Gewiese and Werner Maas as co-presidents of its Bruker BioSpin division, effective Feb. 1. Currently both are serving as executive vice presidents of Bruker BioSpin, the company said in a press release. Headquartered...

British Airways turns to Progress Software
Progress Software Corp., a business software company in Bedford, said that British Airways will use its solutions to upgrade the airlines information-technology systems. In a press release, Progress Software said its solutions will allow British Airways to integrate more than...

Today in Globe Business
Soldiers adding high tech to the arsenal When the largest annual military communications conference in the United States opened at the Seaport World Trade Center in Boston last month, the show floor was dominated by large spike-like antennas, vehicle-mounted satellite...

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