Tuesday, May 20, 2008
Uno Chicago Grill looks to the Middle East
Uno Chicago Grill, a restaurant chain with a Windy City name but a Boston business address, said today that it has entered into an agreement to open 20 new locations in the Middle East. The agreement is with Sofra...
Massachusetts is part of Vioxx settlement
Massachusetts and 29 other states will share in a $58 million settlement with New Jersey drug maker Merck & Co. to resolve allegations that Merck used deceptive marketing tactics to promote its arthritis drug Vioxx, Massachusetts Attorney General Martha...
One Laptop unveils touchscreen model
The One Laptop per Child Foundation, a Cambridge nonprofit organization, is planning a new version of its inexpensive laptop for developing countries. The new version, due out in 2010, will replace a traditional keyboard with a second touch-sensitive video...
A new hotline for workplace fraud debuts
Massachusetts Secretary of Labor and Workforce Development Suzanne M. Bump (right) today announced a new toll-free hotline, 1-877-96-LABOR, and a website for the public to report suspected cases of workplace fraud in the Bay State. These new outreach tools...
Fidelity offers new international equity fund
Boston mutual funds giant Fidelity Investments today announced the launch of a new international equity fund - Fidelity Emerging Europe, Middle East, Africa (EMEA) Fund - with retail and advisor share classes. ?Emerging markets have grown significantly in recent...
Myvu ships new video eyewear lines
Myvu Corp. said some new models of its "video eyewear" will soon be commercially available. According to the Westwood company, it specializes in optical systems that transform portable media players into "hands-free, full-screen private viewing experiences;" the company said...
Dunkin' Donuts eyes the heart of Dixie
Dunkin' Donuts said today that its national expansion plans now include Alabama. The Canton-based coffee-and-baked-goods chain announced that the state of Alabama is now open for franchise sales with plans to open more than 142 new restaurants over the...
Massachusetts is poised for biotech growth
Massachusetts has the ideal climate for a robust biotechnology industry, Christoph Westphal (right), chief executive of Sirtris Pharmaceuticals Inc., said today. Biotechnology here is on a "growth trajectory" because of local access to transformative science, talent, and financing, added...
Smith & Wesson prices stock offering
Smith & Wesson Holding Corp. of Springfield said today it priced a public offering of 6.25 million common shares. The firearms maker said it will use the approximately $31.9 million in proceeds to repay debt. The underwriters are Deutsche...
Staples profit rises 1.5 percent, reaffirms outlook
Staples Inc.of Framingham posted a slim 1.5 percent increase in its first-quarter profit, after posting small declines the previous two quarters amid slow retail sales of office products. The world's largest office products supplier said today that its profit...
Stop & Shop unveils discount program
The Stop & Shop Supermarket Co. is the latest retailer to offer consumers an extra boost in an effort to stretch their federal tax rebate dollars farther. The Quincy-based chain, which operates 378 stores throughout much of the Northeast,...
Monday, May 19, 2008
RainDance moving to Lexington
RainDance Technologies Inc., a small life-sciences equipment provider, said it plans to move to Lexington from Guilford, Conn., later this month. The company said its new 28,000-square-foot facility in Lexington is double the size of its current location and will...
Brooks settles stock-options case with SEC
Chelmsford semiconductor equipment maker Brooks Automation Inc. failed to properly account for employee stock options, overstating its income by $64.5 million over 10 years, the Securities and Exchange Commission said in a settlement disclosed with the company today. The...
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