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Top News & Analysis Massachusetts

  • LONDON/ BOSTON, Feb 21- Stock market optimism about U.S. The level of shorts- a bet that a stock will fall- taken out against the Dow Jones Industrial Average jumped 13 percent in the 30 days to Feb. 20, while shorts against Europe's STOXX 600 rose 18 percent over the same period, data from FIS' Astec Analytics showed. But hedge fund managers like Seth Klarman, who has been...

  • NEWTON, Mass. _ Government Properties Income Trust on Wednesday reported a key measure of profitability in its fourth quarter. The Newton, Massachusetts- based real estate investment trust said it had funds from operations of $41.5 million, or 58 cents per share, in the period. The average estimate of four analysts surveyed by Zacks Investment Research was for...

  • PROVIDENCE, R.I.— Rhode Island police have arrested a third suspect in the theft of a truckload of diapers worth about $90,000. State Police say Dalzon leased the Providence storefront where detectives found 800 boxes of diapers last week. Police have said Audrey Bettis sold the diapers instead of delivering them to an Amazon distribution facility in Fall...

  • BURLINGTON, Mass. _ LeMaitre Vascular Inc. on Tuesday reported fourth-quarter net income of $2.6 million. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 16 cents per share. Three analysts surveyed by Zacks expected $23.5 million.

  • SPRINGFIELD, Mass. _ Eversource Energy on Tuesday reported fourth-quarter net income of $229.2 million. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 75 cents per share. The New England power provider posted revenue of $1.78 billion in the period.

  • NORTH BILLERICA, Mass. _ Lantheus Holdings Inc. on Tuesday reported fourth-quarter profit of $4.9 million. The North Billerica, Massachusetts- based company said it had profit of 13 cents per share. Lantheus Holdings shares have climbed almost 9 percent since the beginning of the year.

  • Maggie Hassan of New Hampshire on Tuesday to talk about the state's changing climate and how it is affecting one of the state's most important industries. "When I purchased the farm in 2000," I was getting 75 gallons of sap, "said Ray LaRoche of LaRoche Farm in Durham." Connecticut, Maine, Massachusetts, New Hampshire, New York, Pennsylvania and Vermont produced 3.78...

  • CAMBRIDGE, Mass. _ Ironwood Pharmaceuticals Inc. on Tuesday reported a loss of $13.5 million in its fourth quarter. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 23 cents per share. Three analysts surveyed by Zacks expected $81 million.

  • Tuesday's decision was a setback for hedge fund Perry Capital and other investors that sought to challenge the lower court's dismissal of lawsuits arguing the government's confiscation of profits was illegal. Major owners of the companies' preferred stock include Bruce Berkowitz's Fairholme Funds Inc, while William Ackman's Pershing Square Capital...

  • Feb 21- The U.S. Supreme Court on Tuesday turned away an appeal by Boston Scientific Corp of a Maryland state court jury verdict ordering the medical device company to pay $308 million to a patent licensor for breach of contract concerning implantable cardiac devices. Boston Scientific had asked the justices to hear its appeal in the dispute over its licenses...

  • CAMBRIDGE, Mass. _ Momenta Pharmaceuticals Inc. on Tuesday reported fourth-quarter net income of $41.5 million, after reporting a loss in the same period a year earlier. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 23 cents per share. Three analysts surveyed by Zacks expected $30.5 million.

  • SUPREME COURT REJECTS BOSTON SCIENTIFIC CORP APPEAL OF $308 MILLION JURY VERDICT IN PATENT LICENSING DISPUTE.

  • NORWOOD, Mass. _ Xcerra Corp. on Tuesday reported fiscal second-quarter profit of $2.6 million. For the current quarter ending in May, Xcerra expects its per-share earnings to range from 10 cents to 14 cents. Xcerra shares have risen nearly 9 percent since the beginning of the year.

  • BOSTON— A circus is being lionized for bringing back animal acts a year after earning praise from animal rights groups for dropping them to keep up with changing public attitudes. The Melha Shrine Circus, which has seven performances over four days scheduled for May in western Massachusetts, brought back performing elephants, tigers and dogs because that's...

  • TRURO, Mass.— A Jeep that has been stuck inside a Massachusetts sand dune for 40 years is set to be removed. The Cape Cod Times reports the Jeep Wagoneer is entombed in a garage in Truro that became overtaken by the dune decades ago. Basil Musnuff's mother owns the property.

  • CEO and co-founder of Snapchat Evan Spiegel

    Snap, owner of popular messaging app Snapchat, kicked off its first investor roadshow on Monday.

  • *One-hour London roadshow impresses investors. LONDON, Feb 20- Snap Inc, owner of popular messaging app Snapchat, kicked off its first investor roadshow on Monday, looking to persuade London money managers to back its initial public offering in the face of concerns about its growth prospects, valuation and corporate governance. The U.S. company, which has yet to...

  • *One-hour London roadshow impresses investors. LONDON, Feb 20- Snap Inc, owner of popular messaging app Snapchat, kicked off its first investor roadshow on Monday, looking to persuade London money managers to back its initial public offering in the face of concerns about its growth prospects, valuation and corporate governance. The U.S. company, which has yet to...

  • BOSTON— Events are getting underway in Boston to mark the 100th anniversary of John F. Kennedy's birth. The future president was born in Brookline on May 29, 1917, the second of Joseph and Rose Fitzgerald Kennedy's nine children. Representatives of the Kennedy family and members of Congress are expected to attend the event, which also provides an opportunity for...

  • BOSTON— Duck boats, the popular sightseeing vehicles in cities around the country, have lost some of their appeal because of a string of recent accidents. In Boston, new safety regulations will go into effect in April after a duck boat ran over and killed a 28- year-old woman on a motor scooter last spring. In Philadelphia, a duck boat operator suspended its tours...