Monday, October 18, 2010

Daily Business Update from the Boston Globe

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Globe Today

Monday, October 18, 2010

HD Supply to move to Boston Business Park
HD Supply will relocate from Norwood to Boston Business Park, a campus that includes land in both Boston and Dedham, HD Supply's new landlord said.

Satcon says 3Q revenue to beat guidance
BOSTON -- Satcon Technology Corp., a maker of power generation products for the alternative energy industry, said it expects to report higher third-quarter revenue than previously forecast.

BLS issues data on women’s earnings in Mass.
Women with full-time jobs in Massachusetts had median weekly earnings of $797, or about 76 percent of the $1,044 median for their male counterparts in 2009, the US Bureau of Labor Statistics, or BLS, said.

Sonos is moving to larger quarters
Sonos Inc., a developer of wireless multi-room music systems, is moving to larger quarters in Cambridge later this month, said a broker involved in the lease transaction.

Welch's taps Porter Novelli for PR
Welch's, a Concord-based marketer of Concord and Niagara grape-based products, said it has selected Porter Novelli as its public relations agency of record.

Martha Stewart to host Ocean Spray cranberry event
A ton of cranberries and "culinary maestro" Martha Stewart will be among the major attractions at a Rockefeller Center promotion sponsored by Ocean Spray Cranberries Inc.

NStar and Northeast Utilities agree to merger
Northeast Utilities and Nstar agree to a $17.5 billion merger.

Local gas prices are up another a nickel a gallon
The average price for gas in Massachusetts rose a nickel to $2.789 a gallon in the latest AAA weekly survey, AAA Southern New England said.

Verdasys has new CEO
Verdasys said that Jim Ricotta has joined the company as president and chief executive.

JetBlue teams up with TD Garden
JetBlue Airways, the largest carrier at Logan International Airport, is now the official airline of TD Garden, JetBlue and TD Garden said.

Today in Globe Business
A sample of Business stories from today's Globe.

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