http://www.boston.com/business/ticker/ en-us Copyright 2008 Fri, 05 Dec 2008 07:25:30 -0500 Fri, 05 Dec 2008 07:30:16 -0500 http://www.movabletype.org/?v=1.53 http://blogs.law.harvard.edu/tech/rss Third-quarter factory revenues for external disk storage systems rose 8.8 percent to $4.9 billion on a year-to-year basis, IDC said today in a report on the worldwide storage-system market. So far, that market has remained stable even as a... http://www.boston.com/business/ticker/2008/12/external_disk_s.html http://www.boston.com/business/ticker/2008/12/external_disk_s.html Technology Fri, 05 Dec 2008 07:25:30 -0500 The Bay State economy is "falling headlong into a recession," an economist at the University of Massachusetts at Boston wrote in a report that was issued today. The MassBenchmarks report was published by the University of Massachusetts Donahue Institute... http://www.boston.com/business/ticker/2008/12/report_massachu.html http://www.boston.com/business/ticker/2008/12/report_massachu.html Economy Thu, 04 Dec 2008 15:52:06 -0500 Chip maker Analog Devices Inc. of Norwood named David A. Zinsner as its new chief financial officer, succeeding Joseph E. McDonough, who is retiring. Zinsner resigned as chief financial officer f semiconductor maker Intersil Corp., where he worked for... http://www.boston.com/business/ticker/2008/12/analog_devices_7.html http://www.boston.com/business/ticker/2008/12/analog_devices_7.html Markets Thu, 04 Dec 2008 15:19:54 -0500 Connecticut Attorney General Richard Blumenthal today challenged a request by New England’s electricity grid operator for nearly $100 million in salaries, executive compensation, lobbying, and other costs. Blumenthal called the amount excessive and unjustified. He filed a motion with the... http://www.boston.com/business/ticker/2008/12/connecticut_ag.html http://www.boston.com/business/ticker/2008/12/connecticut_ag.html Markets Thu, 04 Dec 2008 15:11:03 -0500 (The above photo was taken from Stil's website.) Clothing boutique Stil has shuttered its Newbury Street location and is in talks to open a store in the Prudential Center, according to a store employee. A sign on the Stil... http://www.boston.com/business/ticker/2008/12/newbury_street.html http://www.boston.com/business/ticker/2008/12/newbury_street.html Economy Thu, 04 Dec 2008 15:01:22 -0500 Talbots Inc., the Hingham retailer known primarily for classically styled women's clothing, has big plans for tonight. In 550 of its locations, plans call for a good customer to celebrate a "hostess event." For the lucky customers selected by... http://www.boston.com/business/ticker/2008/12/talbots_toasts.html http://www.boston.com/business/ticker/2008/12/talbots_toasts.html Markets Thu, 04 Dec 2008 14:07:06 -0500 GSI Group Inc. said today that it will restate its financial results for the first and second quarters of fiscal 2008 after finding errors in accounting for revenue. GSI, a Bedford company that makes lasers and other components for... http://www.boston.com/business/ticker/2008/12/gsi_group_will.html http://www.boston.com/business/ticker/2008/12/gsi_group_will.html Markets Thu, 04 Dec 2008 12:44:33 -0500 Shares of TJX Cos. tumbled today after the Framingham-based operator of the T.J. Maxx and Marshalls retail chains said that same-store sales dropped a worse-than-expected 12 percent last month. TJX's stock fell $1.21, or 5.7 percent, to $19.75 in... http://www.boston.com/business/ticker/2008/12/tjx_stock_share.html http://www.boston.com/business/ticker/2008/12/tjx_stock_share.html Economy Thu, 04 Dec 2008 12:30:32 -0500 Viacom Inc. said today that it will cut its workforce by about 7 percent, or 850 positions, underscoring the advertising slump afflicting most major media companies. Viacom is owned by Sumner Redstone (right), who also owns CBS Corp. Earlier... http://www.boston.com/business/ticker/2008/12/viacom_cuts_7_o.html http://www.boston.com/business/ticker/2008/12/viacom_cuts_7_o.html Economy Thu, 04 Dec 2008 11:45:21 -0500 Trade Technologies Inc., based in Austin, Texas, said it plans to open an office in New England. It will be the seventh US office for the company, which has developed an online system to help overseas shippers process payments more... http://www.boston.com/business/ticker/2008/12/trade_technolog.html http://www.boston.com/business/ticker/2008/12/trade_technolog.html Life sciences Thu, 04 Dec 2008 11:06:47 -0500 (This photo was taken from BJ's website.) BJ's Wholesale Club Inc., a Natick-based retailer, said today that its November same-store sales rose 4.1 percent on higher demand for food and other consumable products. The results topped Wall Street expectations,... http://www.boston.com/business/ticker/2008/12/bjs_wholesale_c_2.html http://www.boston.com/business/ticker/2008/12/bjs_wholesale_c_2.html Economy Thu, 04 Dec 2008 10:27:21 -0500 Kevin Brown has been appointed chief executive officer of Casenet Inc., a Bedford-based provider of care management software solutions. Brown was formerly president, chief executive, and chairman of the board of AMISYS Managed Care Systems, a provider of health... http://www.boston.com/business/ticker/2008/12/who_what_where_5.html http://www.boston.com/business/ticker/2008/12/who_what_where_5.html Economy Thu, 04 Dec 2008 10:08:19 -0500 (File photo: Elise Amendola/AP) TJX Cos., the Framingham-based retailer that operates such chains as T.J. Maxx, Marshalls, and HomeGoods, said today that its same-store sales dropped 12 percent in November, hurt by declining foreign currency exchange rates. Excluding the... http://www.boston.com/business/ticker/2008/12/tjx_november_sa_1.html http://www.boston.com/business/ticker/2008/12/tjx_november_sa_1.html Economy Thu, 04 Dec 2008 08:45:11 -0500 Verizon Communications Inc. said that the board of selectmen granted a cable franchise to Verizon's FiOS TV services earlier this week. As a result of that decision, 87 communities in Massachusetts either already have FiOS TV service or soon... http://www.boston.com/business/ticker/2008/12/danvers_grants.html http://www.boston.com/business/ticker/2008/12/danvers_grants.html Technology Thu, 04 Dec 2008 08:37:01 -0500 RETS Technical Center, a Charlestown school with about 500 students, has changed its name to Kaplan Career Institute. The school said in a media alert: "The name change is part of a broader strategy to better reflect the Kaplan... http://www.boston.com/business/ticker/2008/12/hub_school_is_n.html http://www.boston.com/business/ticker/2008/12/hub_school_is_n.html Economy Thu, 04 Dec 2008 08:08:21 -0500