SBLI of Massachusetts Re-Launches Website
WOBURN, Mass.–(BUSINESS WIRE)–The Savings Bank Life Insurance Company of Massachusetts has re-launched its SBLI.com website with new features, making it an invaluable, user-friendly source for answers to life insurance questions.
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SBLI of Massachusetts Re-Launches Website
Aspen Technology Announces Financial Results for the Second Quarter Fiscal 2012
BURLINGTON, Mass.–(BUSINESS WIRE)–Aspen Technology, Inc. (NASDAQ: AZPN), a leading provider of software and services to the process industries, today announced financial results for its second quarter of fiscal 2012, ended December 31, 2011. Mark Fusco, Chief Executive Officer of AspenTech, said, “We are pleased with the company’s execution during the second quarter. While global economic conditions remain volatile, AspenTech delivered accelerated year-over-year growth in total license contrac
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Aspen Technology Announces Financial Results for the Second Quarter Fiscal 2012
Hospitality Properties Trust Closes Sonesta Acquisition
NEWTON, Mass.–(BUSINESS WIRE)–A (January 31, 2012): Hospitality Properties Trust (NYSE: HPT) today announced that it has closed its previously announced acquisition of the Royal Sonesta Hotels in Cambridge, MA (400 keys, two restaurants and 22,000 sq.ft. of meeting space) and in New Orleans, LA (483 keys, five restaurants and 20,000 sq.ft. of meeting space) for $150.5 million on previously announced terms. These hotels will be managed by Sonesta Acquisition Corp. (“SAC”) which simultaneously c
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Hospitality Properties Trust Closes Sonesta Acquisition
Constant Contact to Present at the Stifel Nicolaus Technology and Telecom Conference
WALTHAM, Mass.–(BUSINESS WIRE)–Constant Contact to present at the Stifel Nicolaus Technology & Telecom Conference – scheduled for Tuesday, February 7, at 9:10 am PT
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Constant Contact to Present at the Stifel Nicolaus Technology and Telecom Conference
Virtusa Announces Third Quarter Fiscal 2012 Consolidated Financial Results
WESTBOROUGH, Mass.–(BUSINESS WIRE)–Virtusa Corporation (NASDAQ: VRTU), a global IT services company that offers a broad range of information technology services, including IT consulting, technology implementation and application outsourcing services, today reported consolidated financial results for the third quarter fiscal year 2012, ended December 31, 2011. Third Quarter Fiscal 2012 Consolidated Financial Results Revenue for the third quarter of fiscal 2012 was $72.2 million, an increase of
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Virtusa Announces Third Quarter Fiscal 2012 Consolidated Financial Results
Watts Water Technologies, Inc. Completes Acquisition of tekmar Control Systems
NORTH ANDOVER, Mass.–(BUSINESS WIRE)–Watts Water Technologies, Inc. (NYSE symbol “WTS”) announced today that it completed the acquisition of tekmar Control Systems in a share purchase transaction. tekmar is a designer and manufacturer of energy saving control solutions for a heating, ventilating, and air-conditioning applications, including a wide range of hydronic (water based) systems. tekmar had annual revenues in 2011 of approximately $11 million. Watts Water Technologies, Inc. is a world
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Watts Water Technologies, Inc. Completes Acquisition of tekmar Control Systems
Georgetown Bancorp, Inc. Reports Results for the Three Months and Year Ended December 31, 2011
GEORGETOWN, Mass.–(BUSINESS WIRE)–Georgetown Bancorp, Inc. (OTCBB: GTWN) (the “Company”), holding company for Georgetown Savings Bank (the “Bank”), reported net income for the three months ended December 31, 2011 of $415,000, or $.16 per basic and diluted share, compared to net income of $467,000, or $.18 per basic and diluted share, for the three months ended December 31, 2010. Net income for the year ended December 31, 2011 was $1.0 million, or $.38 per basic and diluted share, compared to n
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Georgetown Bancorp, Inc. Reports Results for the Three Months and Year Ended December 31, 2011
American Tower Corporation Announces 2012 Annual Meeting Date
BOSTON–(BUSINESS WIRE)–American Tower Corporation (NYSE: AMT) today announced that it intends to hold its 2012 Annual Meeting of Stockholders on Tuesday, June 19, 2012 at 11:00 a.m., local time, at the Colonnade Hotel, 120 Huntington Avenue, Boston, Massachusetts 02116. American Tower, which began operating as a real estate investment trust as of the first of the year, advises that pursuant to Rule 14a-8 promulgated under the Exchange Act, in order to be included in the proxy statement and for
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American Tower Corporation Announces 2012 Annual Meeting Date
Satuit Records Strong Growth in 2011
NORWELL, Mass.–(BUSINESS WIRE)–Satuit Technologies Inc., the leader in software front and middle office solutions for the Buy-Side asset management market, announced another strong year for both revenue and client growth
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Satuit Records Strong Growth in 2011
SeaChange Announces More Than $5 Million in Annualized Cost Reductions
ACTON, Mass.–(BUSINESS WIRE)–SeaChange International (Nasdaq: SEAC) today announced that the Company has taken actions in the fourth quarter of fiscal year 2012 that will result in more than $5.0 million in annualized cost reductions. These cost reductions come principally from headcount reductions related to streamlining operations and reducing the overall cost structure of the company. The Company will incur restructuring and severance charges in the fourth quarter reflecting these actions.
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SeaChange Announces More Than $5 Million in Annualized Cost Reductions
