Boston Biz Journal Headlines

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  • Takeda wins FDA approval for former Ariad cancer drug April 28, 2017
    The FDA on Friday gave accelerated approval to a lung cancer drug developed by Cambridge-based Ariad Pharmaceuticals, which was acquired by Takeda earlier this year for $5.2 billion. The drug, which will sold as Alunbrig, is a treatment for a type of non-small cell lung cancer, including patients who don't respond to Xalkori, a drug made by Pfizer (NYSE: PFE) and Merck KGaA. Accelerated approval is often given to drugs for diseases that have few existing treatment options which have shown have promise…
  • Athenahealth shares slump after disappointing first quarter April 28, 2017
    High-deductible plans aren’t only hurting hospitals in the form of unpaid medical bills, they are hurting health IT companies as well. Athenahealth (Nasdaq: ATHN) shares tumbled 17 percent to $100.40 on Friday afternoon after the company said its claims and collections revenues were down during the first quarter, caused partially by a lower volume of visits to doctors and also by slightly lower reimbursements. Jonathan Bush, the Watertown-based IT company's CEO, said he believed part of the downturn…
  • ​FDA approves Radius Health osteoporosis drug, but adds cancer warning April 28, 2017
    The FDA on Friday approved an osteoporosis drug made by Waltham-based Radius Health, but added a so-called "black box" warning that the treatment had increased the risk of bone cancer in rats. Radius (Nasdaq: RDUS) is hoping that abaloparatide, which will be sold under the brand name Tymlos, will eventually take on Forteo, an osteoporosis treatment sold by Eli Lilly (NYSE: LLY) that generated $1.5 billion in sales last year. Forteo has the same warning, which states that the drug increased the risk…
  • ​Sarepta shares jump as CEO’s planned exit spurs takeover speculation April 28, 2017
    Shares of Sarepta Therapeutics soared Friday morning amid speculation that the planned departure of CEO Ed Kaye makes the Cambridge biotech a prime takeover target. Kaye made the surprise announcement on a conference call with analysts Thursday, saying that he will step down from his role as CEO of Sarepta (Nasdaq: SRPT) by the end of the year, but will remain on the company’s board. In a research note Friday morning, Leerink Partners analyst Joseph Schwartz said that the “prospect of a sale…
  • T.J. Maxx parent's CEO reported $19M in compensation in 2016 April 28, 2017
    The CEO of T.J. Maxx parent company TJX Companies Inc. reported $18.5 million in total compensation last year, a slight decrease from 2015, according to a regulatory filing. The Framingham company (NYSE: TJX) reported that CEO and President Ernie Herrman's pay included $1.5 million in salary, $9 million in stock awards, $ 613,574 in option awards and $ 5 million in non-equity plan incentive plan compensation. Herrman was named CEO of TJX in October 2015, taking over from Carol Meyrowitz, who now…
  • ​Five things you need to know today, and crazy town names April 27, 2017
    Good morning, Boston, and happy Friday — here are the five Boston business stories you need to know today. Why is GE naming its Boston HQ 'Innovation Point'? When our local multinational conglomerate sent out an invitation to the groundbreaking ceremony for its $200 million Boston headquarters campus in the Fort Point, it called it new campus “GE Innovation Point.” Catherine Carlock wanted to know where the name could possibly have come from. CEOs of top gene-editing firms got huge compensation…
  • Sarepta CEO Ed Kaye to resign April 27, 2017
    Sarepta Therapeutics CEO Ed Kaye said Thursday that he plans to step down from his post at the Cambridge biotech at the end of the year. Kaye, who was named interim CEO of Sarepta (Nasdaq: SRPT) in March 2015 and took on the job permanently in September 2016, announced his plan to depart during a conference call with analysts. Kaye said he will continue to serve on Sarepta's board. Last year, Sarepta won approval for Exondys 51, the first drug to treat Duchenne muscular dystrophy. The company said…
  • 84 Lumber set to open first store in Greater Boston April 27, 2017
    84 Lumber, the Pennsylvania-based building materials supplier, is set to open its second Massachusetts location — this time a little closer to Boston. The company will hold a grand opening for the store at 54 High St. in Holbrook on May 11. The chain based in the Pittsburgh area already has a store in West Springfield. “With the opening of this store, we’re not only expanding our footprint but also building new relationships with customers throughout Boston, Cape Cod and Providence,” said…
  • Viewpoint: Economic impact of migraine in the U.S. is untenable April 27, 2017
    This week, more than 10,000 neurology professionals are converging in Boston for the American Academy of Neurology Annual Meeting. This is an exciting time in neurology: Due to technological advances and the enhanced ability to analyze large volumes of data, we’ve made more progress in neuroscience over the last decade than ever before. While there is still much work to be done, the field has made significant strides in understanding and treating Parkinson’s, Alzheimer’s and multiple sclerosis. Still,…
  • Boston Architectural College creates Howard Elkus scholarship April 27, 2017
    The Boston Architectural College has created an endowed scholarship in memory of Howard Elkus, a visionary architect who died unexpectedly on April 1. The scholarship will aid “financially disadvantaged and underrepresented minority students” at the BAC. The school was originally founded in 1889 as the Boston Architectural Club and has a mission of diversifying the design profession. The Howard F. Elkus Scholarship was created with gifts made in Elkus’s memory. Elkus served as an overseer…

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Reuters Top News

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  • Environmental protesters swarm outside White House as Trump hits milestone April 29, 2017
    WASHINGTON (Reuters) - A sea of protesters swarmed in front of the White House on Saturday to voice displeasure with President Donald Trump's stance on the environment and demand that he rethink plans to reverse the climate change policies backed by his predecessor.
  • Trump celebrates first 100 days as president, blasts media April 29, 2017
    HARRISBURG, Pa. (Reuters) - U.S. President Donald Trump hit the road on Saturday to celebrate his first 100 days in the White House with cheering supporters at a campaign-style rally, touting his initial achievements and lashing out at critics who have given his tenure poor marks.
  • North Korea test-fires ballistic missile in defiance of world pressure April 29, 2017
    SEOUL (Reuters) - North Korea test-fired a ballistic missile on Saturday shortly after U.S. Secretary of State Rex Tillerson warned that failure to curb Pyongyang's nuclear and ballistic missile programs could lead to "catastrophic consequences".
  • Trump celebrates first 100 days as president, blasts media April 29, 2017
    HARRISBURG, Pa. (Reuters) - U.S. President Donald Trump hit the road on Saturday to celebrate his first 100 days in the White House with cheering supporters at a campaign-style rally, touting his initial achievements and lashing out at critics who have given his tenure poor marks.
  • EU sets Britain tough divorce terms, slams budget veto April 29, 2017
    BRUSSELS (Reuters) - European Union leaders endorsed stiff divorce terms for Britain on Saturday and warned Britons to have "no illusions" about swiftly securing a new relationship to keep their access to EU markets.
  • Military plane crashes in Cuba killing all eight on board April 29, 2017
    HAVANA (Reuters) - A military airplane crashed into a mountain in Cuba's north-western region of Artemisa on Saturday morning, killing all eight personnel on board, the Ministry of Revolutionary Armed Forces said.
  • U.S. service member killed in blast near Mosul, Iraq April 29, 2017
    WASHINGTON (Reuters) - A U.S. service member died of wounds caused by an explosive device outside the northern Iraqi city of Mosul on Saturday, the U.S.-led military coalition said.
  • 25 years after Los Angeles riots, progress and distrust live side by side April 29, 2017
    LOS ANGELES (Reuters) - Twenty-five years after the acquittal of four Los Angeles police officers in the beating of black motorist Rodney King and the deadly riots that followed the verdict, an undercurrent of distrust pulses through a city that says it worked hard at police reform.
  • Turkey fires 3,900 in second post-referendum purge April 29, 2017
    ISTANBUL/ANKARA (Reuters) - Turkey on Saturday expelled more than 3,900 people from the civil service and military as threats to national security, in the second major purge since President Tayyip Erdogan was granted sweeping new powers.
  • French presidential hopeful Le Pen names nationalist as prime minister April 29, 2017
    PARIS (Reuters) - French far-right presidential hopeful Marine Le Pen on Saturday chose defeated first-round candidate Nicolas Dupont-Aignan as her prime minister, a bid to attract his voters and help her to victory over centrist favorite Emmanuel Macron.

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NRPC Seminar: FDIC Insured Investments

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Title: NRPC Seminar: Principal Protected Investments
Location: 330 Homer Street, Newton, MA 02459
Description: Principal Protected Investments combine some of the features of a fixed-income security, such as return of principal at maturity, with the potential for capital appreciation that you get from equities. They are designed to protect against losses at maturity, while providing the opportunity to participate in the gains on an equity investment.

Presented by: Mr. Richard Suder, CFA, CFP®, ChFC, CLU, CRPS, AAMS

Richard is an experienced independent financial advisor and the President of Auri Elan Financial Group located in Newton.  Securities and Advisory Services offered through LPL Financial. A Registered Investment Advisor, Member FINRA/SIPC. He holds various prestigious professional designations including Chartered Financial Analyst (CFA), Certified Financial Planner (CFP®), and etc.

Start Time: 19:00
End Time: 20:30
Date: 2011-03-10

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