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Business briefs.


COLUMN: Business briefs

Telegram & Gazette

Bloomberg Index

Central Massachusetts

Change: +1.18

Last: 168.08

Volume: 64,388,355

Up: 12

Down: 12

Unchanged: 5

Gainer: American Superconductor American Superconductor is a technology company based in Westborough, Massachusetts specializing in the design and manufacture of superconducting wires and power converters. It is listed on Nasdaq under the symbol AMSC.  Corp. $35.90 +$2.70

(Volume of 1.57 million shares)

Decliner: Evergreen Solar Inc. $9.13 -$1.19

(Volume of 13.9 million shares)

Noteworthy: Virtusa Corp. was downgraded to neutral from overweight at JPMorgan.

Local

Cafe opens doors

WORCESTER - Jumpin' Juice and Java, a cafe offering gourmet coffee, fruit smoothies, sandwiches, baked goods and other specialties, has opened at 335 Chandler St., the former location of the Tatnuck Bookseller.

The franchised business is operated by Joshua Van Dyke and Andrew Erickson. They also operate a Jumpin' Juice and Java in Gardner.

The cafe employs about 18 people and fills 3,850 square feet of space. It offers free Wi-Fi, an outdoor patio, catering and a conference room for 12 to 15 people.

Hours are 7 a.m. to 9 p.m. Monday through Friday and 8 a.m. to 9 p.m. Saturdays and Sundays.

EXACT buys time

MARLBORO Marlboro or Marlborough (märl`bərō), city (1990 pop. 31,813), Middlesex co., E Mass.; settled on the site of a Native American village 1657, inc. as a city 1890.  - EXACT Sciences Corp. yesterday said cutting eight jobs this week will extend its cash through the second quarter of 2009, additional time that will be helpful to sell or merge the company.

EXACT Sciences, which has developed a stool-based DNA DNA: see nucleic acid.
DNA
 or deoxyribonucleic acid

One of two types of nucleic acid (the other is RNA); a complex organic compound found in all living cells and many viruses. It is the chemical substance of genes.
 colorectal cancer colorectal cancer

Malignant tumour of the large intestine (colon) or rectum. Risk factors include age (after age 50), family history of colorectal cancer, chronic inflammatory bowel diseases, benign polyps, physical inactivity, and a diet high in fat.
 screening test, said it reached out to 40 companies earlier this year in an unsuccessful attempt to sell itself.

In a conference call yesterday, EXACT Science officials declined to say how much cash it had on hand as of June 30.

The company said recent clarification from the Food and Drug Administration about the protocol for a study of its Version 2 technology has resolved some uncertainty when EXACT Sciences was marketing itself earlier this year.

College-bound

WESTBORO - The University of North Carolina North Carolina, state in the SE United States. It is bordered by the Atlantic Ocean (E), South Carolina and Georgia (S), Tennessee (W), and Virginia (N). Facts and Figures


Area, 52,586 sq mi (136,198 sq km). Pop.
 at Chapel Hill's Campus Health Services health services Managed care The benefits covered under a health contract  will use computer software developed by privately held eClinicalWorks LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
 for electronic medical records, the company reported this week.

UNC-Chapel Hill will also use eClinicalWorks software to manage the medical practice and operate a "portal" between medical providers and patients.

The health services office offers care to more than 28,000 students.

Terms of the deal were not disclosed.

EMC (1) (EMC Corporation, Hopkinton, MA, www.emc.com) The leading supplier of storage products for midrange computers and mainframes. Founded in 1979 by Richard J. Egan and Roger Marino, EMC has developed advanced storage and retrieval technologies for the world's largest companies.  donation

HOPKINTON - EMC Corp., the world's biggest data storage and software company, said it donated $70,000 in technology and services to the Pisgah Astronomical Research Institute Pisgah Astronomical Research Institute (PARI) (pronounced Perry) is an astronomical observatory located in the United States in Balsam Grove, North Carolina. It is operated as a not-for-profit public foundation.  in North Carolina.

With this technology, PARI will collect and enable access to celestial observation data for astronomers, researchers and students.

PARI, a not-for-profit foundation established in 1998, is dedicated to furthering science, technology, engineering and math education and research for students, astronomers and the general public.
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Title Annotation:BUSINESS
Publication:Telegram & Gazette (Worcester, MA)
Date:Jul 19, 2008
Words:444
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