Boston Biz Journal Headlines

Posted on March 21, 2011 by Richard Suder, CFA, CFP®
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  • National Bank Holdings Corp. picks Denver, Greenwood Village for HQ May 18, 2012
    Boston-based National Bank Holdings Corp. — which has acquired a pair of Colorado banks in the last 10 months — is moving its headquarters to the Denver area from Boston, the company announced Friday. The company will have offices in Greenwood Village and Denver. Colorado Gov. John Hickenlooper joined Tim Laney, president and CEO of National Bank Holdings, in making the announcement. “National Bank Holdings Corp. has maintained a presence in Colorado for the past year, and the positive business...
  • Massachusetts' jobs numbers good, but labor pool is stagnant May 18, 2012
    There's been a mild amount of celebrating about Massachusetts' economic recovery and the relative strength of the Bay State economy. Indeed, the news has been good, if not spectacular: Massachusetts added 2,500 jobs in April, and businesses have generated over 30,000 jobs so far this year. The unemployment rate is 6.3 percent, the lowest since October 2008 when the national economy was on the cusp of unraveling. But there is a number that few people mention when the unemployment numbers are released,...
  • Shuttered Weylu’s could have new owner soon May 18, 2012
  • Seaport Center office building sells for $110M May 18, 2012
    The Beal Cos. and Rockpoint Group have sold Seaport Center, the nine-story office building in South Boston, for $110 million. San Francisco-based Shorenstein Properties closed on the purchase of the 461,046-square-foot building at 451 D Street in Boston’s Seaport District on Thursday. Built in 1909 as a wool warehouse, the property is 88 percent occupied and its major tenants include the Boston Herald, JP Morgan Chase (NYSE: JPM), Monster Worldwide (Nasdaq: MWW) and Verizon (Nasdaq: VZ). This...
  • Brown-Warren Senate campaign is nation's most expensive to date May 18, 2012
    It has been one of the more closely watched congressional races in the country for some time, and now the U.S. Senate race between Democratic candidate Elizabeth Warren and Republican incumbent Scott Brown is easily the nation's most expensive. As of April 30, Warren and Brown had raised a total of $58,669,885 and spent $14,237,227 since 2011, according OpenSecrets.org. A Texas race is the second most expensive race in the U.S. with $25,615,406 raised and $13,915,507 spent so far. The website,...
  • Boston Scientific gets FDA nod for vascular stent May 18, 2012
    Boston Scientific Corp. (NYSE: BSX) won U.S. Food and Drug Administration approval and immediately launched its Epic Vascular Self-Expanding Stent System, which is designed to open blocked arteries in patients with a form of peripheral vascular disease. The clearance by the U.S. regulatory agency comes three years after the system was approved in Europe and other international markets. The Natick, Mass.-based medical device company said that the stent system demonstrated a low nine-month major...
  • Report: Law school should be more like medical school May 18, 2012
    To remedy the crippling problem of underemployed young lawyers, law schools should become more like medical schools, complete with legal residency programs that teach practical skills, according to a new report from the Massachusetts Bar Association. The MBA’s 32-page report, “Law, the Economy and Underemployment,” was created by the organization's Task Force on Law Schools, a group of 14 lawyers who took six months to study the growing issue of underemployment among lawyers, and how law schools...
  • Kayak only Mass. member of 'billion-dollar club' May 18, 2012
    With a VC round for Pinterest that values the company at $1.5 billion — and Facebook going public — 20 privately held venture-backed companies are valued at more than $1 billion, according to an analysis by Dow Jones VentureSource. Just one is a Massachusetts company — Kayak Software Corp. That's compared to the "bubble era" of the late '90s to 2000, when four Boston area companies were among the 18 VC-backed firms with billion-dollar valuations, according to VentureSource. Kayak, a travel...
  • Bay State home sales rise again May 18, 2012
    Evidence is mounting that the Massachusetts residential real estate market has bottomed out and is stabilizing. Single-family home sales surged by more than 18 percent in April compared with a year ago — the ninth-straight month of increases, and median prices increased for the first time in 11 months, according to data from the MLS Property Information Network. Last month, agents sold 3,129 single-family homes in Massachusetts, compared with 2,642 in April 2011. While the volume increased, the...
  • The top 10 public companies in Mass. (BBJ 150 slide show) May 18, 2012
    On Friday, the Boston Business Journal Research Department published the BBJ 150, a list of the top 150 public companies in Massachusetts, ranked by 2011 revenue. This year, Raytheon Co. (NYSE: RTN) lost its top spot on the list. The top company in Mass. is now Staples Inc. (Nasdaq: SPLS). Staples hit a rough patch in the first quarter of 2012, but it followed a year in which the company posted a modest increase in revenue, cracking $25 billion, with net income approaching $1 billion. That may...

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Reuters Top News

Posted on March 11, 2011 by Richard Suder, CFA, CFP®
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  • World leaders vow to combat financial turmoil, back Greece May 19, 2012
    CAMP DAVID, Maryland (Reuters) - World leaders backed keeping Greece in the euro zone on Saturday and vowed to take all steps necessary to combat financial turmoil while revitalizing their economies, which are increasingly threatened by Europe's debt crisis.
  • G8, raising pressure on Iran, puts oil stocks on standby May 19, 2012
    CAMP DAVID, Maryland (Reuters) - Leaders of the Group of Eight major economies raised the pressure on Iran on Saturday, signaling their readiness to tap into emergency oil stockpiles quickly this summer if tougher new sanctions on Tehran threaten to strain supplies.
  • Blind Chinese activist leaves Beijing for U.S. May 19, 2012
    BEIJING (Reuters) - China allowed a blind legal activist, Chen Guangcheng, to leave a hospital in Beijing on Saturday and board a plane bound for the United States, a move that could signal the end of a diplomatic standoff between the two countries.
  • Syria bomb kills 9, Damascus blames foreign plot May 19, 2012
    BEIRUT (Reuters) - A car bomb killed nine people at a Syrian military post in the eastern city of Deir al-Zor on Saturday, an attack the government said was the latest proof that an uprising against President Bashar al-Assad was a foreign plot.
  • Anti-NATO activists weighed Obama HQ attack: prosecutors May 19, 2012
    CHICAGO (Reuters) - Three protesters arrested on terrorism-related charges ahead of the NATO-summit considered targeting U.S. President Barack Obama's re-election campaign headquarters and the home of Chicago Mayor Rahm Emanuel, according to court documents released on Saturday.
  • Motorcycle bomber kills 10 in eastern Afghanistan May 19, 2012
    KABUL (Reuters) - A suicide bomber on a motorcycle detonated explosives in an Afghan district close to the border with Pakistan, killing at least 10 people including children, officials said on Saturday.
  • Thousands march in Frankfurt against austerity measures May 19, 2012
    FRANKFURT (Reuters) - At least 20,000 demonstrators marched through Frankfurt on Saturday in a peaceful protest against austerity measures implemented to tackle the intensifying euro zone debt crisis.
  • Possible engine problem delays U.S. rocket launch May 19, 2012
    CAPE CANAVERAL, Florida (Reuters) - The launch of a privately owned Falcon 9 rocket from Cape Canaveral Air Force Station was delayed on Saturday when a computer detected a possible problem with one of the rocket's engines, a Space Exploration Technologies official said.
  • Obama pledges tough enforcement of Wall Street reforms May 19, 2012
    WASHINGTON (Reuters) - President Barack Obama on Saturday called on the U.S. Congress to back his efforts for tough new financial industry oversight, saying a $2 billion trading loss at JPMorgan underscored the need for such regulation.
  • Chinese entities world's biggest economic spies: Pentagon May 19, 2012
    WASHINGTON (Reuters) - The Pentagon said on Friday it believes China spent up to $180 billion on its military buildup last year, a far higher figure than acknowledged by Beijing, and it accused "Chinese actors" of being the world's biggest perpetrators of economic espionage.

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FT World News

Posted on March 11, 2011 by Richard Suder, CFA, CFP®
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Boston Celtics news

Posted on March 6, 2011 by Richard Suder, CFA, CFP®
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  • 76ers stun Celtics 92-83 in Game 4 to even series
    Andre Iguodala squared up for a 3-pointer from the wing like he had hundreds of times in his career.
    Dan Gelston, AP Sports Writer
  • It’s very clear they gave this one away
    The tomato cans were falling down in front of the Celtics . No Bulls. The Heat on the brink of self-immolation. The Celtics had a 2-1 series lead over the Sixers and an 18-point lead in the third quarter of Game 4. They were toying with the young bucks from Philly.
    Dan Shaughnessy, Globe Columnist
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  • Arrogance has its disadvantages
    Would you have expected the Celtics to take any other route? The prosperity was just too much to take with an 18-point lead in the third quarter of Game 4 against the 76ers . The Celtics were playing too well, almost to the point where Celtics faithful expected a dramatic dropoff.
    Gary Washburn, Globe Staff
  • Allen stops Garnett
    Coach Doug Collins stuck with Elton Brand in the starting lineup, but it was Lavoy Allen who took out Kevin Garnett.
    Amalie Benjamin, Globe Staff

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Boston Bruins news

Posted on March 6, 2011 by Richard Suder, CFA, CFP®
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New England Patriots news

Posted on March 6, 2011 by Richard Suder, CFA, CFP®
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  • Johnson addresses concussions
    Junior Seau’s death got former Patriots linebacker Ted Johnson thinking again about his own career in the NFL and his struggles with post-concussion syndrome after he retired in 2005.
    Associated Press
  • Welker doesn’t see progress in contract talks
    The receiver, who signed his franchise tender on Tuesday, likely hurt himself in contract negotiations with the Patriots by going public with the lack of progress toward a long-term deal.
    Shalise Manza Young, Globe Staff
  • Welker signs tender
    Wes Welker pulled a bit of a surprise move Tuesday, signing the franchise tender the Patriots placed on him in March.
    Shalise Manza Young, Globe Staff
  • Welker may attend Patriots’ minicamp
    Patriots receiver Wes Welker said on Monday there’s still a chance he will attend the Patriots’ minicamp this month. “We’re still kind of waiting, but I’d really like to be there,’’ Welker told WEEI. “I don’t know. To say I’m going one way or another right now, I’m not going to say definite or anything like that. But I ...
  • Rookie Justin Francis has connections with Patriots
    The undrafted defensive lineman played with Devin McCourty and Alex Silvestro at Rutgers, and is good friends with coaching assistant Steve Belichick.
    Shalize Manza Young, Globe Staff

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Red Sox News

Posted on March 6, 2011 by Richard Suder, CFA, CFP®
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  • Injuries take out Saltalamacchia and Ross
    Red Sox manager Bobby Valentine, vice president of player personnel Allard Baird, and head athletic trainer Rick Jameyson had a closed-door meeting after Friday night’s 6-4 loss against the Phillies.
    Peter Abraham, Globe Staff
  • Ticket shock
    Time was when the Red Sox owned this town, and the same went for their season ticket holders. But in the wake of the Sox collapse last fall, their last-place standing, and on-going excitement gap, financially and socially, season ticket holders’ currency has plummeted: Their seats are selling for less than face value, if at all. Clients and pals don’t even want them as gifts. And with ample tickets for sale-at face value-on sites like Ace Ticket, friends and associates no longer feel the need to snap up season ticket holders’ offering weeks or even months in advance.
    Beth Teitell, Globe Staff
  • With Bard wild, Red Sox quickly lose control
    It was a noble idea the Red Sox had, taking Daniel Bard out of the bullpen and making him a starter. But that transition has left a pitcher with one of the best arms in baseball either unable or unwilling to throw his fastball for strikes.
    Peter Abraham, Globe Staff
  • Papelbon saved his best for after the game
    Jonathan Papelbon earned his 12th save as he retired the Red Sox in the ninth inning to preserve a 6-4 win for Cole Hamels. While Papelbon hoped to face his old buddies like David Ortiz and Dustin Pedroia, he instead wasn’t challenged very much with Kelly Shoppach, Daniel Nava, Marlon Byrd and Nick Punto, who struck out to end the game. Papelbon said before the game he thought of this series like he was playing his brother in the back yard.
    Nick Cafardo, Globe Staff
  • Hamels pitches Phillies past Red Sox 6-4
    It was no surprise that Philadelphia earned its season-best sixth straight victory with Cole Hamels on the mound.

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MA News

Posted on March 6, 2011 by Richard Suder, CFA, CFP®
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  • Group to meet in Mass. on yellowtail crisis
    A group assembled to find ways to help fishermen survive an 80-percent cut in the yellowtail flounder catch on George Bank is meeting next week.
  • NH church elects 10th Episcopal bishop
    A Massachusetts priest was selected Saturday to succeed Bishop Gene Robinson as New Hampshire's next Episcopal bishop.
    Lynne Tuohy, Associated Press
  • New England editorial roundup
    The Day of New London, (Conn.), May 14, 2012 Before the two major parties undertake another campaign in which the emphasis will be on winning by destroying the credibility of the opponent, they should take a close look at the collateral damage.
    The Associated Press
  • Natick's historic cannons get a makeover
    Natick's Civil War-era cannons are getting a makeover. The cannons will be restored in the coming months as an Arlington preservationist works to remove corrosion and paint from the four guardians of an obelisk on the Natick Common.
  • Huge survey aims to get read on Northeast boating
    They've been cruising the region's chilly waters for centuries and today number in the hundreds of thousands, but much remains unknown about the Northeast's recreational boaters.
    Jay Lindsay, Associated Press
  • Ex-Mass. Speaker DiMasi diagnosed with cancer
    The wife of convicted former Massachusetts House Speaker Salvatore DiMasi says he has been diagnosed with cancer in his tongue and lymph nodes while serving an 8-year federal prison sentence in Lexington, Ky.
  • Mass. church, founded in 1692, gets renovation
    One of the oldest Protestant churches in North America has reopened after a $1.8 million renovation.
  • Prosecutors: Trio planned to attack Obama's HQ
    Three men accused of making Molotov cocktails had been planning to attack President Barack Obama's campaign headquarters, Mayor Rahm Emanuel's home and other targets during this weekend's NATO summit, prosecutors said Saturday.
    Michael Tarm and Tammy Webber, Associated Press
  • Clemens lawyer attacks key piece of evidence
    Attacking key prosecution evidence, Roger Clemens' lawyer went through the items in a Miller Lite beer can one at a time and tried to cast doubt on the syringes and medical waste allegedly used to inject the famous pitcher with performance-enhancing drugs.
    Frederic J. Frommer, Associated Press
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Chess

Posted on February 21, 2011 by Richard Suder, CFA, CFP®
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NRPC Seminar: FDIC Insured Investments

Posted on February 21, 2011 by Richard Suder, CFA, CFP®
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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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