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  • Those who remain bullish on China's long-run economic prospects have switched more of their focus to the Hong Kong market because valuations are lower, it is better regulated, and less prone to the whims of officials in Beijing than the mainland markets in Shanghai and Shenzhen. Those include betting against the currencies of Asian trading partners, and...

  • Sept 3- Genzyme Corp agreed to pay $32.59 million, admit wrongdoing and enter a deferred prosecution agreement to resolve U.S. criminal charges over its marketing of the surgical implant Seprafilm, the Department of Justice said on Thursday. Sanofi bought Genzyme in 2011.. According to papers filed with the federal court in Tampa, Florida, Genzyme admitted and...

  • NEW YORK, Sept 3- An $80 billion portfolio managed by hedge fund titan Ray Dalio's Bridgewater Associates and widely held by many pension funds slumped in August and some investors blame the strategy of such funds for the eruption in volatility that slammed stocks and commodities. Bridgewater's "All Weather Fund" fell 4.2 percent in August and is down 3.76...

  • Sept 3- Genzyme Corp agreed to pay $32.59 million, admit wrongdoing and enter a deferred prosecution agreement to resolve U.S. criminal charges over its marketing of the surgical implant Seprafilm, the Department of Justice said on Thursday. Sanofi bought Genzyme in 2011.. According to papers filed with the federal court in Tampa, Florida, Genzyme admitted and...

  • NEW YORK, Sept 3- Puerto Rico is getting attention from 2016 presidential hopefuls, who are making early stops in the U.S. territory, likely in part because of the fast-growing number of Puerto Ricans living in the key battleground state of Florida. Then comes Florida with 987,663; New Jersey with 478,439; Pennsylvania with 418,792, Massachusetts with 283,568;...

  • WHITE PLAINS, N.Y.— A pair of brothers and two other men have been charged with stealing nearly 1,200 laptops bound for public school students in New Jersey after investigators determined their story about a theft didn't add up. Anton Saljanin, 43, and Gjon Saljanin, 40, were due to appear in court Thursday with Ujka Vulaj, 54, and Carlos Caceres, 37, on charges...

  • BOSTON— One day after federal regulators said they were stepping up oversight of Massachusetts' only nuclear power plant, Gov. About a dozen Pilgrim opponents delivered a letter at the Statehouse, asking Baker to seek the immediate closure and decommissioning of "a dangerous and error prone facility." Baker was not at the Statehouse at the time.

  • NORWOOD, Mass. _ Xcerra Corp. on Thursday reported fiscal fourth-quarter earnings of $7.5 million. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 13 cents per share. For the current quarter ending in November, Xcerra said it expects revenue in the range of $87 million to $90 million.

  • US Muslims hope new billboards reclaim Islam's message Thursday, 3 Sep 2015 | 12:05 AM ET

    The New York- based Islamic Circle of North America has erected 100 billboards over the summer that feature statements such as: "Muhammad believed in peace, social justice, women's rights" and "Muhammad always taught love, not hate; peace, not violence." They are in cities including Boston; New York; Phoenix; San Diego; El Paso and Austin, Texas; Memphis, Tennessee;...

  • Fears the China growth woes could knock the global economy have spread turmoil in world financial markets, toppling the benchmark MSCI Asia Pacific ex- Japan index 16 percent this year. But the turbulence hides opportunities, some funds say, with Credit Suisse estimating net selling in emerging Asia ex- China reached a whopping $19.8 billion in the three months...

  • "There were a series of events that really call into question confidence in pricing and execution," said Larry Glazer, a managing partner at Mayflower Advisors, which oversees $2 billion in assets in Boston. Unlike rival State Street, which operates one global platform to calculate fund prices, BNY Mellon has five different systems, partly the result of...

  • SeaChange reports 2Q loss Wednesday, 2 Sep 2015 | 4:12 PM ET

    ACTON, Mass. _ SeaChange International Inc. on Wednesday reported a loss of $5 million in its fiscal second quarter. For the current quarter ending in November, SeaChange expects its results to range from a loss of 10 cents per share to a loss of 4 cents per share. SeaChange expects full-year results to range from a loss of 38 cents per share to a loss of 16 cents per...

  • BOSTON— Federal inspectors said Wednesday they're increasing their oversight of the Pilgrim Nuclear Power Station in the wake of a shutdown during a winter storm. Officials from the Nuclear Regulatory Commission say the decision to ramp up inspections at the Entergy- owned plant in Plymouth follows the shutdown in January and involves the facility's...

  • Fed report shows autos and housing fueling US growth Wednesday, 2 Sep 2015 | 2:00 PM ET

    WASHINGTON— While U.S. housing and auto sales showed strength over the summer, manufacturers were feeling pressure from China's economic slowdown and the oil industry was squeezed by lower energy prices. One of the Fed's regions— Cleveland— reported only slight growth. The recent stock market turbulence, triggered by worries about China's slowdown, has led...

  • NEW YORK— Cookie and clothing makers, a fitness studio and an old-fashioned five-and-dime retailer have made the cut in a competition to win a Super Bowl ad. Ten small businesses are finalists in the contest sponsored by software maker Intuit Inc. that will give the winner a 30- second spot during Super Bowl 50 on Feb. 7. —AnaOno, Philadelphia, maker of lingerie for...

  • New collars monitor pets for pain, problems Wednesday, 2 Sep 2015 | 10:16 AM ET

    Voyce, created by I4C Innovations Inc., and based in Chantilly, Virginia, has a consumer version that tracks similar information. It also has a Voyce Pro that is available to veterinarians to prescribe for pets recovering from surgery or long-term illness. Kenneth Herring, who lives outside Detroit, uses PetPace to monitor his 5- year-old dog, Jack, as part of a test...

  • The research released Wednesday by Boston- based Rapid7 Inc. looks at nine baby monitors made by eight different companies. "There's a certain leap of faith you're taking with your child when you use one of these," says Mark Stanislav, a senior security consultant at Rapid7 and one of the report's authors. The Rapid7 researchers found serious security problems...

  • Costs were driven in large part by a surge in the number of people enrolled in the state's Medicaid program, known as MassHealth, which saw a spending increase of 19 percent. The increase was attributed to an expansion of Medicaid eligibility under the federal Affordable Care Act, as well as the breakdown of Massachusetts' health connector website, which forced...

  • BOSTON— The state's attorney general cleared the way on Wednesday for supporters of more than 20 proposed ballot questions, including ones calling for the legalization of recreational marijuana use, to proceed with efforts to place the measures before Massachusetts voters next year. Among a handful rejected by Healey was one that sought to legalize the sale...

  • Exa reports 2Q loss Tuesday, 1 Sep 2015 | 4:15 PM ET

    BURLINGTON, Mass. _ Exa Corp. on Tuesday reported a loss of $1.2 million in its fiscal second quarter. On a per-share basis, the Burlington, Massachusetts- based company said it had a loss of 8 cents. For the current quarter ending in November, Exa said it expects revenue in the range of $16.4 million to $17.2 million.