Tuesday, March 30, 2010

Daily Business Update from the Boston Globe

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Tuesday, March 30, 2010

Iced Dunkin’ Dark Roast could be heading your way
Dunkin' Donuts is gearing up to roll out Iced Dunkin' Dark Roast.

Genzyme appoints Meeker as chief operating officer
Genzyme Corp., the Cambridge biotechnology company, said it has created the new position of chief operating officer and appointed executive vice president David Meeker to the post.

3Com reports higher fiscal 3Q profit
Networking systems maker 3Com Corp. said that its fiscal third-quarter profit jumped on growing sales in most regions and a sharp drop in its income tax provision.

Galvin charges RI firm with illegal securities sales
Massachusetts Secretary of State William F. Galvin today charged a Rhode Island company, its president, and a former Massachusetts mortgage broker with selling as much as $4 million in unregistered securities to Massachusetts investors.

Talbots again extends deadline for BPW offer
HINGHAM - Apparel retailer Talbots Inc. today extended its offer to swap outstanding warrants of BPW Acquisition Corp., a special-purpose acquisition company, for the second time in two days.

BofA director Gifford opposed by shareholder
Bank of America Corp. director Charles ?Chad? Gifford should be ousted at the annual meeting because he failed to protect investors in the purchase of Merrill Lynch & Co., shareholder Jonathan Finger said.

Decision Resources is moving to Burlington
Decision Resources Inc., a consulting firm that focuses on the health care industry, is moving from Waltham to 8 New England Executive Park in Burlington, said a broker involved in the transaction.

Jury sides with Titleist in golf ball patent dispute
Acushnet Co., the Fairhaven-based golf business of Fortune Brands Inc., said that it has won a jury verdict in the US District Court for the District of Delaware in a golf ball patent dispute with Callaway Golf Co.

Staples foundation awards $282k in youth grants
Staples Foundation for Learning said it has awarded 22 grants totaling $281,500 to nonprofit organizations serving at-risk youth throughout the country.

Ascent Therapeutics has a new name
Ascent Therapeutics announced today that it has adopted a new name - Anchor Therapeutics.

Interlace Medical initiates clinical trial
Interlace Medical Inc. said it has started a multi-center clinical trial of its MyoSure Hysteroscopic Tissue Removal System, which is designed to treat fibroids.

Today in Globe Business
A round-up of Business stories from the print edition of today's Boston Globe.

Monday, March 29, 2010

Boston Scientific chief got $1.5m signing bonus
The Associated PressThe medical device maker Boston Scientific Corp., of Natick, welcomed its new chief executive, J. Raymond Elliott, with a $1.5 million signing bonus last year, plus stock and option awards valued at more than $29 million on...

Shaw's workers continue strike
By Kortney Stringer, Globe Staff Shaw's Supermarkets Inc. and striking workers failed to reach an agreement when they met today with a federal mediator, according to Peter Derouen, a spokesman for about 300 Shaw's employees who belong to the United...

Novomer wins $2.1m in federal funding
The US Department of Energy has awarded $2.1 million in stimulus funds to Novomer Inc., a Waltham company that makes plastics and coating materials out of carbon dioxide, a greenhouse gas that many believe contributes to climate change. Novomer executives are expected to announce the award tomorrow.

American Science gets $2.5 million contract
American Science and Engineering Inc. said it received a $2.5 million service and maintenance order for X-ray systems from the US government.

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