Sovereign Stockholders Get Boost
Monday, November 17, 2008 (188 reads)
Shareholders in Sovereign Bank – which has its executive offices in Boston – have gotten a boost in ownership of Sovereigns’ new parent, Banco Santander S.A., after the banks agreed to boost their shared stock exchange ratio from .2924 shares of Santander for every one Sovereign share to .3206 to one.
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One Boston Place Gets Gold
Monday, November 17, 2008 (230 reads)
Bank of New York Mellon Center at One Boston Place in Boston recently became the first building to earn the Leadership in Energy and Environmental Design (LEED) Gold designation from the U.S. Green Building Council for existing buildings: operations & maintenance (LEED-EB).
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New Hire/Promotion At First Citizens’
Monday, November 17, 2008 (185 reads)
Dulce Almeida has been promoted as assistant treasurer and human resources manager, and Nelson Tavares has been hired as a branch manager at Fairhaven-based First Citizens’ Federal Credit Union.
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Perini To Repurchase $100M In Common Stock
Friday, November 14, 2008 (220 reads)
The board of directors of Framingham-based construction firm Perini Corp. has authorized a program to repurchase up to $100 million of the company’s common stock over the next 12 months.
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Danversbank Q3 Down 96 Percent
Friday, November 14, 2008 (298 reads)
Danvers Bancorp, parent company of Danversbank, has reported third quarter net income of $48,000, compared to $1.33 million in the same period last year, a 96.4 percent decrease.
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Tech Firm Leases Amesbury Space
Friday, November 14, 2008 (134 reads)
Technology firm Genesis Magtech has leased 8,078 square feet of flexible industrial space at 18 South Hunt Road in Amesbury from Hunt Road Realty Corp.
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Office Design for Movie Co. Completed
Friday, November 14, 2008 (169 reads)
The design for a 5,000-square-foot office in Burlington for Walden Media, the film studio behind “The Chronicles of Narnia” and “Journey to the Center of the Earth,” has been completed.
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MGH Affiliate Moves To Navy Yard
Friday, November 14, 2008 (265 reads)
The renovation and expansion of 30,000 square feet in three buildings in the Charlestown Navy Yard in Boston for MGH Institute of Health Professions, has been completed.
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Webster Forecloses On Foreclosures
Thursday, November 13, 2008 (361 reads)
Webster Bank, based in Connecticut with significant operations in Massachusetts, has declared a 90-day moratorium of foreclosures on mortgages owned by the bank, and an expansion of mortgage assistance programs.
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