Business briefs.COLUMN: BUSINESS BRIEFSTELEGRAM & GAZETTE Bloomberg Index Central Massachusetts Change: -0.99 Last: 157.87 Volume: 49,665,548 Up: 6 Down: 16 Unchanged: 7 Gainer: Sepracor Inc. $17.34 +$0.64 (Volume of 1.48 million shares) Decliner: Hanover Insurance Group Inc. $45.56 -$0.83 (Volume of 438,605 shares) People Burke honored WORCESTER - Brendon Burke, a senior at Burncoat High School, has been named winner of the Student Ethics Award Scholarship from the Better Business Bureau of Central New England Inc., the organization reported in a news release. The award honors students for their leadership, community service and academic achievement. Mr. Burke will be honored Oct. 29 at a BBB BBB A medium grade assigned to a debt obligation by a rating agency to indicate an adequate ability to pay interest and repay principal. However, adverse developments are more likely to impair this ability than would be the case for bonds rated A and above. banquet at the Crowne Plaza hotel. Local A `CE' for Verax WORCESTER - Verax Biomedical bi·o·med·i·cal adj. 1. Of or relating to biomedicine. 2. Of, relating to, or involving biological, medical, and physical sciences. Inc., a privately held company privately held company A firm whose shares are held within a relatively small circle of owners and are not traded publicly. , said its Platelet PGD PGD Preimplantation Genetic Diagnosis PGD Postgraduate Diploma PGD Phosphogluconate Dehydrogenase PGD Policy for Global Development PGD PhpGmailDrive (file sharing utility) PGD Product Group (US Marine Corps) test to detect bacterial contamination of donated blood platelet blood platelet n. See platelet. samples has received "CE" marking in Europe. The PGD test was cleared by the Food and Drug Administration in the United States in September 2007. A CE mark in the European Union European Union (EU), name given since the ratification (Nov., 1993) of the Treaty of European Union, or Maastricht Treaty, to the European Community indicates that a product meets European health and safety standards. Caution urged BOSTON - The office of state Insurance Commissioner Nonnie S. Burnes is warning consumers to not make rash decisions about insurance policies issued by American International Group
American International Group, Inc. (AIG) (NYSE: AIG; TYO: 8685 ) is a major American insurance corporation based in New York City. Inc., the giant insurer bailed out by the federal government. Ms. Burnes' office released a statement saying that AIG's insurance operations are financially sound and that canceling policies may trigger penalty fees. Consumers who receive advice to replace an AIG AIG addressee indicator group (US DoD) AIG American International Group, Inc AiG Answers in Genesis (religious group in defense of Scripture) AIG Artificial Intelligence Group AIG Australian Industry Group policy should call the state insurance hotline at (617) 521-7794 Building leased WEBSTER - Tyree Organization of Farmingdale, N.Y., has leased the 15,540-square-foot building at 26 Town Forest Road and relocated to Webster. Glickman Kovago & Co. of Worcester brokered the lease between Viking Corp. of Webster and Tyree Organization. Founded in 1930, Tyree has evolved from a family-run construction company into a major, multidimensional petroleum services and environmental firm. James Glickman, a principal and founder of Glickman Kovago & Co., represented Viking, and Kelleher & Sadowsky represented Tyree. Virtusa joins U.N. WESTBORO - Virtusa Corp., an information technology services company, announced the launch of its Sustainability Report and its membership in the United Nations Global Compact initiative, in which multinational companies voluntarily commit to ecologically and socially sustainable globalization globalization Process by which the experience of everyday life, marked by the diffusion of commodities and ideas, is becoming standardized around the world. Factors that have contributed to globalization include increasingly sophisticated communications and transportation . Virtusa made the announcement at an event held at its new Orion campus in Colombo, Sri Lanka. |
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