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Top News & Analysis Boston

  • BOSTON— During Aaron Hernandez's double murder trial, the former NFL star's lawyer wanted to drive home his point that the prosecution's star witness was a "three-legged pony" whose testimony could not be believed. With Hernandez's acquittal, Baez burnished his status as one of the most recognized defense attorneys in the U.S., six years after his high-profile...

  • BOSTON, April 28- The Massachusetts attorney general sued a unit of Ocwen Financial Corp on Friday, accusing the mortgage servicing company of engaging in abusive practices that harmed thousands of homeowners in the state. The lawsuit, filed in Suffolk County Superior Court, came a week after the U.S. Consumer Financial Protection Bureau, the Florida attorney...

  • *Asia ex- Japan, Nikkei set to post strong gains for the week. *Japan inflation, manufacturing output disappoint. MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.1 percent, putting it on pace to end the week up 1.9 percent, which would be its best week in six.

  • BOSTON _ LPL Financial Holdings Inc. on Thursday reported first-quarter net income of $48.2 million. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 36 cents per share. LPL Financial shares have risen slightly more than 9 percent since the beginning of the year.

  • BOSTON _ Vertex Pharmaceuticals Inc. on Thursday reported first-quarter net income of $247.8 million, after reporting a loss in the same period a year earlier. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of 29 cents per share. Ten analysts surveyed by Zacks expected $459.1 million.

  • NEW YORK, April 27- The Nasdaq Composite ended at a record high on Thursday, boosted by results-related gains in Comcast, PayPal and Intuit, while the S&P 500 and the Dow were little changed. Earnings were back in the spotlight, a day after the Trump administration unveiled its tax reform priorities without details on how the reform would be paid for, raising...

  • NEW YORK, April 27- The Nasdaq Composite ended at a record high on Thursday, boosted by results-related gains in Comcast, PayPal and Intuit, while the S&P 500 and the Dow were little changed. Earnings were back in the spotlight, a day after the Trump administration unveiled its tax reform priorities without details on how the reform would be paid for, raising...

  • NEW YORK— The Latest on Amtrak's repair work at Penn Station:. Chris Christie says he's satisfied with Amtrak's announcement that it is accelerating repair work at New York's Penn Station starting next month. Amtrak says it is accelerating repair work at New York's Penn Station beginning next month, and warns of further delays for already beleaguered...

  • *Oil slumps as Libya restarts oilfields. NEW YORK, April 27- A gauge of world stock markets slipped on Thursday as a three-day rally stalled in the wake of a largely expected U.S. tax cut plan, while the euro weakened after comments from European Central Bank President Mario Draghi. "Most folks were expecting a build in earnings acceleration and that's what we've got,"...

  • NEW YORK, April 27- U.S. Treasury prices rose on Thursday, as investors sought the safety of bonds in the face of doubts about President Donald Trump's unimpressive tax plan and persistent geopolitical tensions in North Korea and Syria. "Trump is proposing massive tax cuts and there is no indication that they would be revenue-neutral," said Marvin Loh, senior fixed...

  • BOSTON— One of Boston's most prestigious teaching hospitals on Thursday announced that it is offering voluntary buyouts to 1,600 employees as a way to control costs during a period of uncertainty in the health care business. Brigham and Women's, a 793- bed affiliate of Harvard Medical School, is a founding member of Partners HealthCare, the largest health...

  • BOSTON _ American Tower Corp. on Thursday reported a key measure of profitability in its first quarter. The average estimate of seven analysts surveyed by Zacks Investment Research was for funds from operations of $1.56 per share. American Tower expects full-year revenue in the range of $6.42 billion to $6.6 billion.

  • The Boston- based real estate investment trust said it had funds from operations of $125.9 million, or 48 cents per share, in the period. The average estimate of five analysts surveyed by Zacks Investment Research was for funds from operations of 51 cents per share. Six analysts surveyed by Zacks expected $928.6 million.

  • NEW YORK— Rail travelers who have endured major disruptions recently at Penn Station, the nation's busiest rail station, are likely to see more delays this summer because it's in dire need of repair work, Amtrak officials said Thursday. He didn't specify how service on Amtrak, the Long Island Rail Road and New Jersey Transit would be affected and said those...

  • BOSTON _ Boston Beer Co. on Wednesday reported first-quarter net income of $5.7 million. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 26 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.

  • BOSTON _ Boston Private Financial Holdings Inc. on Wednesday reported first-quarter earnings of $15.7 million. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 22 cents per share. Boston Private Financial shares have increased roughly 3 percent since the beginning of the year.

  • BOSTON _ Brookline Bancorp Inc. on Wednesday reported first-quarter profit of $13.4 million. The Boston- based company said it had profit of 19 cents per share. Keywords: Brookline Bancorp, Earnings Report.

  • BOSTON— Researchers have taken an important step toward better lung cancer treatment by using blood tests to track genetic changes in tumors as they progress from their very earliest stages. With experimental tests that detect bits of DNA that tumors shed into the blood, they were able to detect some recurrences of cancer up to a year before imaging scans could,...

  • Federal Communications Commission (FCC) Commissioner Ajit Pai.

    The internet industry, which considers net neutrality essential for its business, isn't giving up without a fight.

  • BOSTON _ State Street Corp. on Wednesday reported first-quarter net income of $446 million. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.10 per share. Three analysts surveyed by Zacks expected $2.75 billion.