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Top News & Analysis Massachusetts

  • 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.

  • Oreva Capital, which in June announced it had bought a controlling interest in High Times for $70 million, is selling the company to special purpose acquisition company, Origo Acquisition Corp, for $250 million, the sources said. "This is a market that is growing at a 27 percent annual growth rate," said Troy Dayton, chief executive officer of cannabis investment and...

  • BOSTON/ SAN FRANCISCO, July 26- FTSE Russell said on Wednesday it planned to exclude Snap Inc from its widely followed stock indexes because the owner of the Snapchat messaging app has an unusual share structure that denies voting rights to investors. The stock index provider said it made the decision based on client feedback, the latest sign of the growing...

  • BOSTON/ SAN FRANCISCO, July 26- FTSE Russell said on Wednesday it planned to exclude Snap Inc from its widely followed stock indexes because the owner of the Snapchat messaging app has an unusual share structure that denies voting rights to investors. The stock index provider said it made the decision based on client feedback, the latest sign of the growing...

  • BOSTON _ Brightcove Inc. on Wednesday reported a loss of $7.7 million in its second quarter. For the current quarter ending in October, Brightcove expects its results to range from a loss of 11 cents per share to a loss of 10 cents per share. Brightcove expects full-year results to range from a loss of 39 cents per share to a loss of 34 cents per share, with revenue...

  • WALTHAM, Mass. _ CYS Investments Inc. on Wednesday reported second-quarter net income of $50.2 million. The Waltham, Massachusetts- based company said it had profit of 30 cents per share. Keywords: CYS Investments, Earnings Report.

  • BOSTON _ Boston Private Financial Holdings Inc. on Wednesday reported second-quarter earnings of $23.4 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 decreased almost 9 percent since the beginning of the year.

  • BOSTON/ SAN FRANCISCO, July 26- FTSE Russell said on Wednesday it plans to exclude Snap Inc from its widely followed stock indexes because the owner of the Snapchat messaging app has an unusual share structure that denies voting rights to investors. The stock index provider said it made the decision based on client feedback, the latest sign of the growing...

  • MEXICO CITY, July 26- Vista Oil& Gas, with backing from private equity firm Riverstone Capital, will launch an initial public offering on Mexico's stock exchange on Aug. 11, according to three sources with knowledge of the deal and a document seen by Reuters. The Vista debut, the first special purpose acquisition vehicle in Mexico, plans to raise at least $500 million...

  • BEDFORD, Mass. _ Anika Therapeutics Inc. on Wednesday reported second-quarter net income of $11.4 million. The Bedford, Massachusetts- based company said it had net income of 76 cents per share. Keywords: Anika Therapeutics, Earnings Report.

  • CAMBRIDGE, Mass. _ Forrester Research Inc. on Wednesday reported second-quarter profit of $6.1 million. For the current quarter ending in October, Forrester Research expects its per-share earnings to range from 21 cents to 25 cents. Forrester Research expects full-year earnings in the range of $1.13 to $1.20 per share, with revenue ranging from $324 million...

  • NORWOOD, Mass. _ Blue Hills Bancorp Inc. on Wednesday reported second-quarter profit of $3.9 million. The holding company for Blue Hills Bank posted revenue of $25.1 million in the period. Keywords: Blue Hills Bancorp, Earnings Report.

  • NORTH READING, Mass. _ Teradyne Inc. on Wednesday reported second-quarter net income of $175 million, after reporting a loss in the same period a year earlier. Five analysts surveyed by Zacks expected $684.2 million. For the current quarter ending in October, Teradyne expects its per-share earnings to range from 39 cents to 46 cents.