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Top News & Analysis Massachusetts

  • One of the main reasons GOP lawmakers have given in their quest to overturn "Obamacare" is that they want to lower premiums for people who buy individual health insurance policies, particularly constituents who get no help from the law's tax credits. "There is no doubt whatsoever that premiums in the individual insurance market would go up," said Larry Levitt of...

  • July 27- The publisher of marijuana enthusiast magazine, "High Times," plans to take the company public, High Times Holding Corp announced Thursday, as an increasing number of U.S. states legalize the drug. Oreva Capital, which in June announced it had bought a controlling stake in High Times for $70 million, is selling the company to special purpose acquisition...

  • July 27- Dunkin' Donuts will not match McDonald's $1 coffee specials in the United States, where fast-food restaurants are brawling for every sale amid intense competition from direct rivals, convenience stores and other food sellers. U.S. Dunkin' Donuts shops will offer a variety of local and national promotions, but will not aggressively discount the product...

  • Raytheon's shares were down 0.38 percent at $168.24 on the New York Stock Exchange in late morning trading. The Waltham, Massachusetts- based weapons maker raised its 2017 sales forecast by about $200 million to between $25.1 billion and $25.6 billion, and its expectation for earnings from continuing operations by 10 cents to a range of $7.35 to $7.50 per share,...

  • July 27- The publisher of marijuana enthusiast magazine, "High Times," plans to take the company public, High Times Holding Corp announced Thursday, as an increasing number of U.S. states legalize the drug. Oreva Capital, which in June announced it had bought a controlling stake in High Times for $70 million, is selling the company to special purpose acquisition...

  • BOSTON _ CRA International Inc. on Thursday reported second-quarter net income of $3.8 million. On a per-share basis, the Boston- based company said it had net income of 44 cents. Keywords: CRA International, Earnings Report.

  • To bolster its position in the TAVR market in Europe, Boston Scientific in May bought Swiss medical device maker Symetis SA- the fourth-largest player in the multi-billion dollar market- for $435 million. The deal came after Boston Scientific's February recall of its Lotus heart valve devices from Europe and other regions following reports of a faulty...

  • BOSTON— Keryx Biopharmaceuticals Inc. on Thursday reported a loss of $86.5 million in its second quarter. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 17 cents per share. Three analysts surveyed by Zacks expected $14.1 million.

  • DANVERS, Mass. _ Abiomed Inc. on Thursday reported fiscal first-quarter earnings of $37.4 million. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 42 cents per share. Three analysts surveyed by Zacks expected $129.7 million.

  • That spurred the Waltham, Massachusetts- based weapons maker to raise its 2017 sales forecast by about $200 million to between $25.1 billion and $25.6 billion, and its expectation for earnings from continuing operations by 10 cents to a range of $7.35 to $7.50 per share, O'Brien said. Raytheon, which also makes the Patriot missile system, said sales in its missile...

  • WESTFORD, Mass. _ NetScout Systems Inc. on Thursday reported a loss of $24.2 million in its fiscal first quarter. The average estimate of four analysts surveyed by Zacks Investment Research was also for earnings of 8 cents per share. NetScout shares have risen almost 7 percent since the beginning of the year.

  • BOSTON _ American Tower Corp. on Thursday reported a key measure of profitability in its second quarter. The average estimate of eight analysts surveyed by Zacks Investment Research was for funds from operations of $1.61 per share. American Tower expects full-year revenue in the range of $6.48 billion to $6.58 billion.

  • Sales in Boston Scientific's cardiovascular unit- its biggest by revenue- rose 4.7 percent to $876 million in the second quarter ended June 30. Boston Scientific, which closed a $435 million acquisition of Swiss medical device maker Symetis SA in May, posted net profit of $146 million, or 11 cents per share, compared with a net loss of $207 million, or 15 cents per...

  • WALTHAM, Mass. _ Raytheon Co. on Thursday reported second-quarter net income of $553 million. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $1.74 per share. Five analysts surveyed by Zacks expected $6.23 billion.

  • The Waltham, Massachusetts- based weapons maker raised its 2017 sales forecast by about $200 million to $25.1 billion to $25.6 billion, and its expectation for earnings from continuing operations by 10 cents to $7.35 to $7.50 per share. Raytheon said sales in its missile systems unit, its biggest by revenue, climbed 11.4 percent to $1.90 billion in the second...

  • MARLBOROUGH, Mass.— Boston Scientific Corp. on Thursday reported second-quarter net income of $146 million, after reporting a loss in the same period a year earlier. For the current quarter ending in October, Boston Scientific expects its per-share earnings to range from 30 cents to 32 cents. Boston Scientific shares have climbed 27 percent since the beginning...

  • July 27- Dunkin' Brands Group Inc, the owner of the Dunkin' Donuts chain, reported lower-than-expected quarterly sales on Thursday, hurt by a surprise fall in comparable-restaurant sales at its Baskin-Robbins outlets in the United States. Baskin-Robbins ice cream shops, compared with a 1.4 percent rise expected by analysts polled by research firm Consensus...

  • BILLERICA, Mass. _ Entegris Inc. on Thursday reported second-quarter earnings of $40 million. For the current quarter ending in October, Entegris expects its per-share earnings to range from 30 cents to 35 cents. Entegris shares have climbed 44 percent since the beginning of the year.

  • CANTON, Mass.— Dunkin' Donuts is testing the removal of non-breakfast sandwiches as it looks to simplify its U.S. menu and attract more customers. The chain had introduced "bakery" sandwiches such as ham and cheese as well as turkey, cheddar and bacon in 2012 with the hope of boosting food sales after breakfast hours. But CEO Nigel Travis says people are eating...

  • The cable industry and Hollywood hated the FCC's February 2016 plan to "unlock the box." Afterward, President Donald Trump's new FCC chairman, Ajit Pai, shelved them permanently. The industry is no longer pushing its app proposal with the FCC, said Brian Dietz, a spokesman for the cable lobby group NCTA.