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  • CAMBRIDGE, Mass. _ Foundation Medicine Inc. on Wednesday reported a loss of $33.1 million in its second quarter. Foundation Medicine expects full-year revenue in the range of $85 million to $95 million. Foundation Medicine shares have risen 32 percent since the beginning of the year.

  • BOSTON _ Vertex Pharmaceuticals Inc. on Wednesday reported a loss of $188.8 million in its second quarter. The average estimate of 13 analysts surveyed by Zacks Investment Research was for a loss of 63 cents per share. Eight analysts surveyed by Zacks expected $145.8 million.

  • WASHINGTON— The Federal Reserve appears on track to raise interest rates later this year but signaled Wednesday that it wants to see further economic gains and higher inflation before doing so. A statement from the Fed after its latest policy meeting provided no timetable. Many analysts foresee the first hike in September, though Fed Chair Janet Yellen has...

  • UNCASVILLE, Conn.— A spike in slot machine and table game use and cost-cutting helped significantly boost third-quarter profit at the Mohegan Sun casinos in Connecticut and Pennsylvania, the parent company reported Wednesday. Slot machine revenue of $142.2 million at the Mohegan Sun in Connecticut was up about 3 percent from the third quarter of 2014. Table...

  • WESTFIELD, Mass. _ Westfield Financial Inc. on Wednesday reported second-quarter profit of $1.4 million. Westfield Financial shares have decreased slightly since the beginning of the year. Keywords: Westfield Financial, Earnings Report.

  • WAKEFIELD, Mass. _ Edgewater Technology Inc. on Wednesday reported second-quarter profit of $494,000. On a per-share basis, the Wakefield, Massachusetts- based company said it had profit of 4 cents. Keywords: Edgewater Technology, Earnings Report.

  • BOSTON _ Carbonite Inc. on Wednesday reported a loss of $4.8 million in its second quarter. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 3 cents per share. Three analysts surveyed by Zacks expected $33.6 million.

  • Sonus reports 2Q loss 9 Hours Ago

    WESTFORD, Mass. _ Sonus Networks Inc. on Wednesday reported a loss of $15.3 million in its second quarter. The average estimate of seven analysts surveyed by Zacks Investment Research was for a loss of 16 cents per share. Seven analysts surveyed by Zacks expected $54.1 million.

  • WOBURN, Mass. _ Monotype Imaging Holdings Inc. on Wednesday reported second-quarter profit of $5.9 million. The average estimate of three analysts surveyed by Zacks Investment Research was also for earnings of 24 cents per share. Monotype expects full-year earnings in the range of $1.05 to $1.11 per share, with revenue ranging from $188 million to $194...

  • BOSTON _ American Tower Corp. on Wednesday reported second-quarter net income of $156.1 million. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 49 cents per share. American Tower shares have declined 2 percent since the beginning of the year, while the Standard& Poor's 500 index has climbed roughly 2 percent.

  • LONDON— This year's Venice Film Festival will include Kristen Stewart in a sci-fi romance, Idris Elba at war and a thriller starring Tilda Swinton and Dakota Johnson, as well as potentially awards-worthy performances from Eddie Redmayne, Johnny Depp and Jake Gyllenhaal. It includes Drake Doremus' futuristic "Equals," with Stewart and Nicholas Hoult; Luca...

  • WASHINGTON— Congress is on track to shore up federal highway aid and veterans' health care before heading out of town this week for its August recess, leaving unresolved an array of sticky issues that are sure to complicate an autumn agenda already groaning under the weight of indecision. The Senate plans to take up the House bill before a midnight Friday...

  • BURLINGTON, Mass. _ LeMaitre Vascular Inc. on Tuesday reported second-quarter earnings of $1.8 million. On a per-share basis, the Burlington, Massachusetts- based company said it had net income of 10 cents. Keywords: LeMaitre Vascular, Earnings Report.

  • PEABODY, Mass. _ Meridian Bancorp Inc. on Tuesday reported second-quarter earnings of $5.6 million. Meridian Bancorp shares have increased 17 percent since the beginning of the year. Keywords: Meridian Bancorp, Earnings Report.

  • July 28- Online content distributor Akamai Technologies Inc forecast third-quarter revenue and profit below estimates, citing a stronger dollar. Cambridge, Massachusetts- based Akamai, which gets about a quarter of its revenue from outside the United States, said it expected a stronger dollar to have a negative impact of about $20 million on revenue in the...

  • LOWELL, Mass. _ M/A-Com Technology Solutions Holdings Inc. on Tuesday reported fiscal third-quarter net income of $8 million. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 40 cents per share. Five analysts surveyed by Zacks expected $128 million.

  • Vicor posts 2Q profit 22 Hours Ago

    ANDOVER, Mass. _ Vicor Corp. on Tuesday reported second-quarter net income of $805,000, after reporting a loss in the same period a year earlier. The Andover, Massachusetts- based company said it had net income of 2 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.

  • ACTON, Mass. _ Psychemedics Corp. on Tuesday reported second-quarter net income of $252,000. On a per-share basis, the Acton, Massachusetts- based company said it had net income of 5 cents. Psychemedics shares have dropped 20 percent since the beginning of the year.

  • WESTBOROUGH, Mass. _ Virtusa Corp. on Tuesday reported fiscal first-quarter profit of $10.1 million. For the current quarter ending in September, Virtusa expects its per-share earnings to range from 47 cents to 49 cents. Virtusa expects full-year earnings in the range of $2.13 to $2.25 per share, with revenue ranging from $582 million to $594 million.

  • WAKEFIELD, Mass. _ Franklin Street Properties Corp. on Tuesday reported a key measure of profitability in its second quarter. The Wakefield, Massachusetts- based real estate investment trust said it had funds from operations of $27.2 million, or 27 cents per share, in the period. The average estimate of four analysts surveyed by Zacks Investment Research was for...