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State’s home sales have first yearly rise since ’04

Boston Globe Business News - January 27, 2010 - 2:02am
Sales of single-family homes in Massachusetts rose 3 percent in 2009, marking the first year-over-year increase since 2004 and offering more evidence that the state’s housing market may be climbing back from its steep fall.


Categories: Boston Related

Solaya to build turbine in Charlestown

MHT Energy - January 27, 2010 - 12:00am
Woburn renewable energy developer and construction company Solaya Energy has been tapped to build a 1.5 megawatt wind turbine at the Massachusetts Water Resources Facility’s pump station in Charlestown.
Categories: CleanTech Blogs

Ambient books $10M smart grid contract

MHT Energy - January 27, 2010 - 12:00am
Ambient Corp. announced Tuesday it has received a $9.9 million order for its smart grid communications nodes, which act as a bridge, router or gateway for communications on the electrical grid.
Categories: CleanTech Blogs

Foxwoods dealers’ union called a first in tribal law

Boston Globe Business News - January 26, 2010 - 10:24pm
The 2,500 casino dealers at Foxwoods Resort Casino will organize a union if a tentative two-year agreement is approved on Friday - the first dealer contract negotiated under tribal law, according to union officials.


Categories: Boston Related

Galvin charges broker in $697m notes sale

Boston Globe Business News - January 26, 2010 - 10:24pm
Massachusetts regulators have charged Securities America, a broker owned by Ameriprise Financial Inc. , with selling $697 million in investments without fully warning investors about the risks involved.


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Boston Globe Business News - January 26, 2010 - 10:24pm
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Grousbeck joins Mass. Eye and Ear

Boston Globe Business News - January 26, 2010 - 10:24pm
The board of Massachusetts Eye and Ear Infirmary, which has been working to broaden its alliances with other Boston-area hospitals, reached outside the organization yesterday by electing Boston Celtics co-owner Wycliffe “Wyc’’ Grousbeck as its chairman.


Categories: Boston Related

Back from the brink

Boston Globe Business News - January 26, 2010 - 10:22pm
After surviving months of uncertainty, New England’s more than 40 Saab dealers are celebrating the deal that will pull the Swedish car brand back from the brink of extinction.


Categories: Boston Related

Cuts in aid drag down hospital’s debt rating

Boston Globe Business News - January 26, 2010 - 10:22pm
A leading credit rating agency yesterday lowered the debt rating on Boston Medical Center as the financially troubled hospital posted an operating loss of $24.5 million for the 12 months ending Sept. 30, its first in five years.


Categories: Boston Related

Ex-Treasury boss to testify about AIG

Boston Globe Business News - January 26, 2010 - 10:20pm
A House panel probing the bailout of American International Group is sharpening its questions for two Treasury secretaries and a federal investigator who believes the Federal Reserve withheld documents.


Categories: Boston Related

After just a year, Borders CEO quits

Boston Globe Business News - January 26, 2010 - 10:19pm
Borders Group Inc. , the unprofitable US bookstore chain, said Ron Marshall resigned as chief executive and director after about a year on the job.


Categories: Boston Related

Nipro recalls 2m medical needles

Boston Globe Business News - January 26, 2010 - 10:19pm
Federal health officials announced the recall of 2 million medical needles yesterday because of a risk they can push bits of silicone into patients’ bodies.


Categories: Boston Related

Home Depot to cut jobs, close 3 stores

Boston Globe Business News - January 26, 2010 - 10:18pm
Home Depot Inc. , the world’s largest home improvement retailer, will cut 1,000 US jobs as it shrinks its pool of human resources and construction workers and closes three test stores.


Categories: Boston Related

Satellite TV firms sue over Mass. tax

Boston Globe Business News - January 26, 2010 - 10:16pm
DirecTV and Dish Network are challenging a new 5 percent sales tax on satellite television service in Massachusetts. The levy is part of the 2010 budget plan approved by the House and Senate last summer.


Categories: Boston Related

Parametric profit more than triples

Boston Globe Business News - January 26, 2010 - 10:15pm
Parametric Technology Corp. , a product design company, reported its fiscal first-quarter profit more than tripled as sales rose and costs remained steady.


Categories: Boston Related

Foreign sales boost Waters’ earnings

Boston Globe Business News - January 26, 2010 - 10:15pm
Analytical instrument maker Waters Corp. said yesterday its fiscal fourth-quarter profit rose 5 percent as a weaker US dollar drove the value of international sales.


Categories: Boston Related

EMC forecasts gain in sales in 2010

Boston Globe Business News - January 26, 2010 - 10:14pm
EMC Corp. , the world’s biggest maker of storage computers, posted a full-year sales forecast that beat analysts’ estimates as corporate technology spending rebounded.


Categories: Boston Related

Fed’s challenge: withdrawal of stimulus funds

Boston Globe Business News - January 26, 2010 - 10:12pm
With his prospects for another term brightening, Ben Bernanke will lead the Federal Reserve this year in pulling back the stimulus money it pumped out to fight the financial crisis that erupted in his first term.


Categories: Boston Related

FCC seeking answers on wireless termination fees

Boston Globe Business News - January 26, 2010 - 10:11pm
Federal regulators are asking the nation’s largest wireless companies whether they give customers adequate notice about early termination fees for breaking a service contract before it expires.


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