×

Top News & Analysis Massachusetts

  • BOSTON, Oct 26- Massachusetts top securities regulator said on Friday that his office fined a Citigroup Inc unit $2 million after research analysts improperly disclosed confidential information about Facebook Inc's initial public offering.

  • Shares of PerkinElmer soared to a new annual high, a day after the health and industrial sciences company reported third-quarter results that topped Wall Street expectations. PerkinElmer Inc. said Thursday it now expects adjusted 2012 earnings of $2.05 to $2.07 per share. THE BIG PICTURE: PerkinElmer runs human and environmental health businesses.

  • *Storm causes deaths in Cuba, Haiti and Jamaica. NASSAU, Oct 26- Hurricane Sandy pounded the Bahamas with battering winds and rain on Friday, sweeping over the island chain after killing 21 people across the Caribbean and posing a menacing threat to the U.S. East Coast.

  • DEFIANCE, Ohio-- Mitt Romney is trying to close the deal with voters by focusing on their economic concerns, an area where polling shows the Republican nominee has an edge heading into the final days of the campaign.

  • BOSTON-- The top securities regulator in Massachusetts has fined Citigroup $2 million for failing to supervise analysts who improperly disclosed confidential information about Facebook's initial public offering.

  • *Most promising cleantech IPO since Tesla Motors. As a result, SolarCity is being hailed as the alternative energy industry's most promising IPO candidate since electric car company Tesla Motors Inc's 2010 debut.

  • WASHINGTON-- The pre- Halloween hybrid weather monster that federal forecasters call "Frankenstorm" is looking more ominous by the hour for the East Coast, and utilities and local governments are getting ready. The stage is set as Hurricane Sandy, having blown through Haiti and Cuba, continues to barrel north.

  • WALTHAM, Mass.-- ImmunoGen Inc. on Friday said that its fiscal first quarter loss widened 29 percent, as it spent more money developing its experimental drugs.

  • WASHINGTON-- The black mold creeping into the spines of hundreds of people who got tainted shots for back pain marks uncharted medical territory. Arjun Srinivasan of the Centers for Disease Control and Prevention. Arturo Casadevall, a fungal disease specialist at New York's Albert Einstein College of Medicine.

  • *Storm causes deaths in Cuba, Haiti and Jamaica. NASSAU, Oct 26- Hurricane Sandy pounded the Bahamas with battering winds and rain on Friday, sweeping over the island chain after killing 21 people across the Caribbean and posing a menacing threat to the U.S. East Coast.

  • VEVEY, Switzerland, Oct 26- It looks like mission control: in a Swiss market town, an array of screens in Nestle's headquarters tracks online sentiment. Other companies, such as PepsiCo, Danone and Unilever, have exploited the opportunities to promote themselves online.

  • BOSTON-- Shares of property insurers fell more sharply than the broader market on Friday as investors weighed the potential for heavy damages from Hurricane Sandy, which was heading north from Haiti and Cuba toward the East Coast.

  • HAVANA, Oct 25- Hurricane Sandy swelled into a major threat to much of the U.S. East Coast on Thursday after lashing Cuba with heavy rains and tree-toppling winds and swirling through the Bahamas, U.S. forecasters said.

  • BOSTON, Oct 25- A top portfolio manager at Highfields Capital plans to leave the investment firm next year to set up his own hedge fund, two people familiar with the matter said. Highfields, which oversees $11.6 billion, is one of the $2 trillion hedge fund industry's biggest and most closely watched firms, with top-tier clients, including Harvard University.

  • *CEOs demand Congress find debt solution. WASHINGTON, Oct 25- Chief executives of more than 80 big U.S. corporations, including Goldman Sachs, Cisco Systems and Boeing, joined forces to press Congress to reduce the federal deficit in a rare show of broad corporate unity.

  • CANTON, Mass.-- In newly unsealed testimony related to Staples founder Tom Stemberg's divorce, Republican presidential candidate Mitt Romney says he was initially skeptical of the idea for Staples, the office supply chain he lauds as a business success story that he helped create.

  • NEW YORK, Oct 25- A panel of judges explored the ramifications Thursday of a potential reversal of hedge fund tycoon Raj Rajaratnam's conviction as they heard arguments on whether FBI wiretap evidence should have been allowed at his insider-trading trial.

  • *At least three storm-related deaths in Jamaica, Haiti and Cuba. HAVANA, Oct 25- Hurricane Sandy swelled into a serious threat to much of the U.S. East Coast on Thursday after hammering Cuba's second-largest city and taking aim at the Bahamas, U.S. forecasters said.

  • WALTHAM, Mass.-- Online marketing company Constant Contact Inc. said Thursday that its third-quarter profit rose 22 percent as revenue rose, although the rate at which trial users were converted into customers was below expectations.

  • Shares of Hewlett-Packard Co. are down 45 percent this year, and Dell Inc. has fallen 37 percent. Dell hasn't been this low since early 2009, when the market bottomed out following the financial crisis. It's bad news for investors in mutual funds that count HP or Dell among their biggest stock holdings.