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	ADVERTISEMENT Monday, May 10, 2010 Steinway posts stronger 1Q profit as costs fall WALTHAM - Piano maker Steinway Musical Instruments Inc. reported a 79 percent jump in first-quarter net income, helped by cost cuts. Insurer Liberty plans IPO for subsidiary BOSTON - Insurer Liberty Mutual Group said its subsidiary Liberty Mutual Agency Corp. plans to raise $100 million with an initial public offering. Interactive Data posts drop in 1Q net income BEDFORD - Financial data provider Interactive Data Corp. reported a 7.6 drop in first-quarter net income, hurt by rising expenses. Bentley gift to support women's leadership programs Pam and Jack Cumming, executives at Hologic Inc., have donated $1.12 million gift to Bentley University to support programs focused on developing leadership skills in young women. ImmunoGen raises $77.6m through stock sale WALTHAM - ImmunoGen Inc. said it raised $77.6 million through a stock offering after deducting expenses. MIT Sloan teams up with Brazil research institute The MIT Sloan School of Management said it is signing an agreement with Brazil's newly formed Vale Technological Institute to collaborate on a range of academic and research efforts aimed at innovation, entrepreneurship, and sustainable development. Mass. gas prices are up a penny a gallon The average price for gas in Massachusetts rose 1 cent to $2.879 a gallon in the latest weekly AAA survey, AAA Southern New England said today. JetBlue one-day sale: $10 seats each way JetBlue offers one-day sale of $10 seats. Two days only. Conditions apply. Total compensation costs rose 2% in Boston Total compensation for private industry workers increased 2 percent in the Boston area for the 12-month period that ended in March, compared with a nationwide increase of 1.6 percent, the US Bureau of Labor Statistics said today. AS&E gets $13.9m government order American Science and Engineering Inc., a Billerica company specializing in X-ray detection technology, announced the receipt of a $13.9 million order from the US government for its Z Backscatter Van X-ray screening systems. Millipore issues sustainability report Millipore Corp., the Billerica life sciences toolmaker that recently agreed to be acquired by Germany's Merck KGaA, said it reduced its total global energy consumption by 6 percent in 2009 and reduced its global water consumption by 12 percent. Heppelmann will be Parametric Technology's CEO Parametric Technology Corp., a Needham software company, has named James E. Heppelmann, the Needham company's president and chief operating officer, as the successor to chief executive officer C. Richard Harrison. Today in Globe Business A sample of Business stories from the print edition of today's Boston Globe.