SBA Loans Feed SEED Business
Friday, October 03, 2008 (378 reads)
The Taunton-based non-profit South Eastern Economic Development (SEED) Corp. has reported making 102 small business loans totaling $33.2 million in fiscal year 2008, which ended on Sept. 30.
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All’s Wells With Wachovia; Citi Deal Dead
Friday, October 03, 2008 (220 reads)
Wells Fargo & Co. said it agreed to buy Wachovia Corp. for about $15.1 billion, without U.S. government help, thwarting a planned Citigroup deal that had been seen as big boost for both Citi and Wachovia.
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Sovereign CEO Gets Golden Parachute For Leaden Results
Thursday, October 02, 2008 (622 reads)
Sovereign Bank, with executive offices in Boston, is paying its ousted CEO Joseph Campanelli, a Hartford native, at least $7.8 million in guaranteed severance pay, plus a bonus. Not bad for an executive who has seen his company’s share price has tumbled from a high of $26.36 in February 2007 to just above $5 today.
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Azimuth Expands In The Woods
Thursday, October 02, 2008 (214 reads)
Technology firm Azimuth Systems has extended its lease and expanded its corporate headquarters within the Nagog Office Park in Acton.
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New CFO And Chairman At Randolph Savings
Wednesday, October 01, 2008 (349 reads)
John T. Knierim has been named senior vice president, chief financial officer, and Roy A. Conrad has been appointed chairman of the board of directors at Randolph Savings Bank.
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