Tuesday, March 17, 2009
UGL Unicco lands Logan Airport contract
UGL Unicco, a Newton-based provider of outsourced facilities services, said it has received a custodial contract from Massachusetts Port Authority to provide services at Logan International Airport. UGL Unicco, which is perhaps best known in Greater Boston for providing...
Bertucci's sells Vinny T's of Boston
Northborough-based Bertucci's Corp. said that it has sold its seven Vinny T's of Boston restaurants so it can "concentrate fully" on its Bertucci's flagship chain of 94 Italian restaurants. The buyer is C&T Restaurant Management LLC of New York,...
Unitil asks to drop natural gas rate 26 percent
Unitil Corp. is proposing to cut natural gas rates by 26 percent, a move that the utility said will shave about $27 off the monthly bill of its average residential customer in Massachusetts. The New Hampshire-based utility that serves...
Aushon buys SearchLight biomarker assets
Aushon BioSystems Inc. said it has acquired the SearchLight biomarker technology assets from Thermo Fisher Scientific Inc. for an undisclosed price as Aushon aims to become "a virtual one-stop shop" for customers with biomarker research needs. Headquartered in Billerica,...
IRS issues Super Saturday reminder
The Internal Revenue Service wants to remind taxpayers that some of its offices will be open this Saturday to answer questions and provide tax preparation services and advice. The IRS has dubbed March 21 "Super Saturday" because its taxpayer...
Still River Systems closes $33 million round
Still River Systems Inc., a Littleton life sciences company focused on cancer treatments, announced the closing of a private financing round of $33 million. The round was co-led by Venrock Associates, a venture firm with offices in Cambridge, and...
Who, What, Where
Miles McNamee has been named vice president of licensing and business development at Copyright Clearance Center, a Danvers-based provider of copyright licensing solutions. McNamee will succeed Bob Weiner, senior vice president of licensing and rightsholder relations, who will retire at...
PerkinElmer will collaborate with Korean university
PerkinElmer Inc., a Waltham life sciences company with nearly $2 billion in revenues, said it has entered into a drug discovery research collaboration with SangMyung University in South Korea. The collaboration calls for the university to do research that...
NPD: Inclination to shop is at lowest point since Oct.
Consumer attitudes toward the economy and intentions to shop are at their lowest point since October, according to a survey from the NPD Group Inc., a market research firm headquartered in Port Washington, N.Y. The silver lining? Concern for job...
Stimulus package means $100b in tech spending
The economic stimulus package should generate an estimated $101.2 billion in technology spending over the next five years, according to an estimate from IDC, a Framingham firm that focuses on global market intelligence. The firm is releasing IDC's Industry Insights,...
New game tool supports Xbox 360
Dassault Systemes said its latest release of the game development engine 3DVIA Virtools 5 supports Xbox 360, the game console from Microsoft Corp. A French company with offices in Concord, Dassault Systemes said that game designers can use 3DVIA...
Today in Globe Business
Milton Hospital finances are in a bind Hit by declining patient volumes, lower investment income, and competition from nearby institutions, Milton Hospital faces a financial squeeze that clouds its future. Standard & Poor's, the financial rating firm, recently dropped its...
Monday, March 16, 2009
US attorney seeks to seize Madoff assets
The US Attorney in New York is looking to seize a number of assets of disgraced financier Bernard L. Madoff, including his interest in Cohmad Securities Corp. and any interest that his wife, Ruth, might have, according to a court...
Stop & Shop plans "affordable food summit"
The Stop & Shop Supermarket Co. said it has scheduled an "affordable food summit" for March 24 at a Quincy store at 65 Newport Ave. One topic the summit will focus on is advice for creating healthful meals on...
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