Massachusetts companies that did not pay federal taxes in 2010

These 30 public Massachusetts companies owed no federal income tax in 2010, generally because they lost money in prior years and were able to carry forward those losses to offset tax liabilities. (All numbers are in millions. Negative amounts indicate refunds or money the government owes the company.) Read the full story »
Company Stock Symbol Pre-tax income Net income Federal income taxes
1State Street Corp.STT2,086.01,556.0-885.0
2OneBeacon Insurance Group Ltd.OB128.5118.3-49.2
3NovellNOVL102.1378.0-9.1
4Cabot Corp.CBT215.0154.0-8.0
5Parexel International Corp.PRXL63.241.5-5.3
6Brooks AutomationBRKS56.359.0-3.9
7Mac-Gray Corp.TUC5.02.6-3.0
8Newstar FinancialNEWS17.410.2-2.2
9Global PartnersGLP27.027.0-1.7
10TeradyneTER394.5379.7-1.6
11KadantKAI23.818.5-0.6
12Franklin Street PropertiesFSP18.122.1-0.4
13NaviSiteNAVI-2.713.5-0.4
14Mercury Computer SystemsMRCY18.728.4-0.4
15SeraCare Life SciencesSRLS6.76.7-0.1
16Casual Male Retail GroupCMRG16.115.4-0.1
17BTU InternationalBTUI3.62.20.0
18Network EnginesNEI1.51.50.0
19American Tower Corp.AMT556.1372.90.0
20Ariad PharmaceuticalsARIA85.285.20.0
21AwareAWRE0.20.20.0
22Constant ContactCTCT2.92.90.0
23Datawatch Corp.DWCH0.40.40.0
24Dusa PharmaceuticalsDUSA2.72.70.0
25EnerNOCENOC10.49.60.0
26Momenta PharmaceuticalsMNTA37.337.30.0
27TalbotsTLB12.610.80.0
28Tech/Ops SevconTO0.50.90.0
29Verenium Corp.VRNM-23.919.90.0
30Altra HoldingsAIMC34.524.50.0
Genzyme Corp.*GENZ7.3422.1-24.4
*Genzyme says it paid $150 million in federal income tax, including discontinued operations.

Source: Standard & Poor's Capital IQ; company filings with the SEC