Thursday, February 11, 2010 Palomar Medical 4Q loss widens on higher costs
Associated Press BURLINGTON - Palomar Medical Technologies Inc., developer of light-based cosmetic treatments, said today that its fourth-quarter loss widened on a mix of lower revenue, higher costs, and a hefty tax payment. Palomar recorded a loss of $8.5 million,... Charles Schwab taps State Street
Globe Staff State Street Corp., a Boston company that provides financial services to large investors, said that it has been appointed by Charles Schwab to service its newly launched family of exchange-traded funds. "State Street will provide the eight new... Gillette takes a fashion turn
Globe Staff Gillette, the Hub grooming brand, said it will make its New York Fashion Week debut as part of a creative partnership with Duckie Brown, a menswear collection. "Celebrity groomer Merrell Hollis will be backstage, preparing models for their... Schultz will be Harvard Pilgrim's new CEO
By Elizabeth Cooney, Globe Correspondent Harvard Pilgrim Health Care named a new chief executive today to fill the seat held until last year by gubernatorial candidate Charles Baker. Eric Schultz, who has led Worcester-based Fallon Community Health Plan for 10... Local TV stations gear up for sweeps period
By Johnny Diaz, Globe Staff WCVB-TV (Channel 5) is heading into the competitive February sweeps on strong ratings performance from the previous month. In January, WCVB led in all the morning and day's newscasts except at 11 p.m., where WBZ-TV... Liberty Mutual plans major Boston expansion
By Casey Ross, Globe Staff Liberty Mutual Insurance Co., one of the last of Boston's corporate titans, is launching a dramatic expansion in the city, announcing plans today to build a $300 million addition on its Back Bay headquarters that... Momenta's 4Q loss narrows on higher revenue
Associated Press CAMBRIDGE - Momenta Pharmaceuticals Inc. said today that its fourth-quarter loss narrowed on a boost in revenue from drug development partnerships. The biotechnology company lost $14.7 million, or 34 cents per share, compared with a loss of $18.4... Genzyme updates data on Gaucher drug candidate
Associated Press Genzyme Corp., the Cambridge biotechnology company, said today that a potential Gaucher disease drug continued to show positive results after two years in a midstage study. The company presented positive one-year study data on the drug in 2009,... Wireless business market is poised for growth
Globe Staff The US wireless business market will grow from 78 million subscribers today to more than 90 million by 2013, notes a new report from Yankee Group, a Boston research firm, and Mobile Enterprise Magazine. AT&T, Sprint, T-Mobile, and... Baskin-Robbins taps 22squared for advertising
Globe Staff Baskin-Robbins, the Canton-based chain of ice cream shops, said that it has awarded its advertising account to 22squared, an ad agency with offices in Atlanta and Tampa. Baskin-Robbins, a sister chain of Dunkin' Donuts, said that 22squared was... Protonex could power robotic exoskeleton
Globe Staff Protonex Technology Corp., a Southborough company focused on advanced fuel cell power systems, said it has been selected by the defense contractor Lockheed Martin to develop power supply concepts that will enable its HULC robotic exoskeleton to support... Don't get smart at job interviews
Globe Staff Looking for a job? Then here's a bit of advice: Try not to look too smart at your next job interview - or at least not as smart as your prospective boss. That's a conclusion that could be... Ahead of the Bell: Boston Scientific falls
Associated Press Shares of Boston Scientific Corp. skidded in premarket trading today, a day after the medical device maker reported a $1.1 billion loss for the fourth quarter and announced a large cost-cutting effort. Boston Scientific, based in Natick, said... Topsfield property is sold for $5 million
Globe Staff Boston College has sold the former Page Farm site in Topsfield to C.P. Berry Construction Co. for $5 million, a broker involved in the transaction said. The broker is Colliers Meredith & Grew. The 68-acre site located on... Today in Globe Business
Patrick wants health cost veto Governor Deval Patrick is seeking sweeping authority to review and reject rates charged by hospitals, physician groups, medical imaging centers, and insurers, in a broad new effort to make health care more affordable, particularly for... Wednesday, February 10, 2010 Boston Scientific cutting up to 1,300 jobs
By Robert Weisman, Globe Staff Medical device maker Boston Scientific Corp., still grappling with the aftermath of a giant acquisition and big legal settlements, today said it will eliminate up to 1,300 jobs worldwide as part of a restructuring move... Forrester 4Q profit falls 27% on lower revenue
Associated Press Forrester Research Inc., the Cambridge technology research firm, said today that its fourth-quarter net income fell 27 percent as business for both its research and advisory services declined. Forrester earned $6.7 million, or 29 cents per share, compared... Raytheon receives $37.9m Air Force order
Associated Press Raytheon Co., the Waltham defense contractor, said today that it received a $37.9 million order from the Air Force to modify weapons data link equipment used to train F-15 fighter pilots. The equipment is being modified in order... | 
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