Friday, August 22, 2008
Abiomed sells $42 million in new stock
Medical device maker Abiomed Inc. of Danvers said today that it has completed a public stock offering that raised nearly $42 million. Abiomed said it sold 2.4 million shares of common stock at just under $17.38 per share, raising...
Brides go wild for cheap gowns
The earliest arrivals were at the Hynes Convention Center last night at 5 p.m., willing to wait 13 hours to secure top spots in Filene's annual Basement Bridal Gown Sale. This morning, when the doors opened, the line stretched...
Buzzwire gears up for Democratic convention
Buzzwire Inc., a mobile streaming media service that has co-headquarters in Bedford and Denver, said today that it will bring news from the Democratic National Convention to mobile phones across America. The convention is scheduled to begin next week...
AG Coakley settles housing discrimination case
The office of Massachusetts Attorney General Martha Coakley (right) said today that it has settled a housing discrimination case that involves how the expense of a service animal is factored into determining rent payments under a state voucher program...
Broker: Cabot buys Northborough industrial park
Cabot Properties Inc., a private equity real estate investment firm with offices in Boston, has bought the I-290 Industrial Park in Northborough, a broker involved in the transaction said. The broker is Jones Lang LaSalle, a Chicago-based real estate...
Menino urges residents to claim stimulus check
Mayor Thomas M. Menino today urged Boston residents to file a tax return in order to claim their federal stimulus payment. A recent Globe story noted that more than 150,000 Massachusetts residents, mostly low-income retirees and disabled veterans, have...
New England unemployment rate is up from last year
The New England unemployment rate was essentially unchanged in July from the previous month at 5.4 percent, but it was up 0.9 percentage point over the rate from a year ago, the Bureau of Labor Statistics said today. Nationally,...
New casino is set to open at Mohegan Sun
Publicists for Mohegan Sun, a gaming complex in Uncasville, Conn., said that Project Horizon, the facility's third major expansion, is scheduled to debut next week. Mohegan Sun said in a press release: "On August 29th, one of the largest...
Hub courts young workers with Wiffle ball
Wiffle ball is a safe way for kids to learn to play baseball without risk of getting beaned by a high, hard one. And with a ball that flutters and dips, the game gives every pitcher the potential to...
Thursday, August 21, 2008
Regulators to inspect brokers on securities
Security industry regulators are planning a large scale inspection of 40 brokerage firms starting next week to examine their practices of selling auction-rate securities. The Financial Industry Regulatory Authority has sent letters to the firms requesting in-depth documentation of their...
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