Tue. Aug. 02, 2011 Local Walmart shoppers can now buy concert tickets from Ticketmaster
Ticketmaster said today that it has begun selling tickets for sporting events, concerts, and family shows at 102 Walmart stores in New England. In participating stores, a special touch-screen has been installed in the electronics department. Customers select a desired event on the screen, then a Walmart employee helps the customer complete the transaction and prints the tickets. Talbots adopts poison pill as potential bid looms
Talbots Inc. said it has adopted a poison-pill plan one day after a private equity group revealed a 9.9 percent stake in the women’s’ retail chain and hinted at a potential buyout. The private equity group is Sycamore Partners LP, a firm formed by well-known retail investor Stefan Kaluzny. A poison pill is a strategic move by the target of a takeover to make its stock less attractive to the potential buyer. Media company NorBella expands to DC market
NorBella, a Boston media company, is expanding into the Washington, D.C., market with a new office. NorBella, founded by Stephanie Noris and Mike LaBella, helps businesses with their media strategies and public relations. Noris and LaBella formerly worked at Boston ad agencies Arnold Worldwide and PGR Media. American Tower posts higher 2Q earnings, revenue
American Tower Corp. boosted its second-quarter net income, and the communications tower operator cited higher revenue from tower management and rentals. The company earned $115.2 million, or 29 cents per share, up 16 percent from $99.7 million, or 25 cents per share, in the same period a year earlier. Revenue rose 27 percent to $597.2 million from $469.9 million. Ariad Pharma posts 2Q loss as revenue falls
Ariad Pharmaceuticals Inc. said today that it lost money in the second quarter compared to a year ago, when it was paid $175 million after changing the terms of a cancer drug partnership. The company said it took a loss of $47.8 million, or 36 cents per share. A year ago, Ariad reported a second-quarter profit of $159.4 million, or $1.35 per share. Its revenue fell to $66,000 from $175 million. Ambient stock will trade on Nasdaq
Ambient Corp., a company that has developed technologies for two-way communications across a power grid, said today that its common stock has been approved for listing on the Nasdaq Capital Market. The Newton-based company added that it expects its common stock to begin trading on Nasdaq tomorrow under the ticker symbol “AMBT.” Ambient said it received approval to move its stock to Nasdaq after three quarters of profitability, a reverse stock split, and projections for 2011 revenue of more than $50 million. Anton’s Cleaners taps Fuseideas
Fuseideas said it is the new marketing agency of record for Anton’s Cleaners, a Tewksbury-based chain of 43 stores. Somerville-based Fuseideas said it will work with Anton’s to create marketing programs that will include print, broadcast ,and online advertising as well as marketing and public relations support. AlixPartners acquires Mercatus
AlixPartners, a global business-advisory firm, said it has acquired Mercatus LLC, a Boston-based strategic consulting firm focused on the retail financial services industry. The deal will broaden the expertise of New York-based AlixPartners in such areas as retail. Bob Hedges and Teresa Epperson of Mercatus will join AlixPartners as managing directors. Bulfinch Triangle to get apartment complex
Developer plans to break ground this week on 286 apartments, retail stores Investor acquires stake of troubled Talbots
Private equity manager has deep experience investing in brand-name retailers, while women’s clothier is undergoing massive cutbacks. Wall Street rally short-lived after debt deal
The celebration on Wall Street over the debt ceiling deal didn’t last long. The market opened sharply up this morning on euphoria that Congress and the White House had struck an agreement to raise the debt limit and avoid a potentially devastating default on the nation’s debt. | 
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