State Tipoffs Involving Massachusetts Newsletter for Thursday May 23, 2024 ( 20 items ) |
Analog Devices Reports Fiscal 2Q 2024 Financial Results
WILMINGTON, Massachusetts, May 23 (TNSres) -- Analog Devices, a manufacturer of data conversion and signal processing technology, issued the following news release on May 22, 2024:
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Revenue of $2.16 billion, above the midpoint of our outlook
Operating cash flow of $4.3 billion and free cash flow of $3.1 billion on a trailing twelve-month basis
Returned over $675 million to shareholders through dividends and repurchases in the second quarter
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Analog Devices, Inc. (NASDAQ: ADI), a
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Boston Mayor Wu Announces City's Plan for a Safe, Healthy, and Active Summer in Boston
BOSTON, Massachusetts, May 23 (TNSres) -- Boston Mayor Michelle Wu issued the following news:
Mayor Michelle Wu today announced the City of Boston's comprehensive plan for a safe, healthy, and active summer in all Boston neighborhoods. This year's summer safety plan will serve as the foundation for the City's ongoing, year-round efforts to address the root causes of violence through a public health lens, and create the conditions for community healing. Mayor Wu also announced the City's first P
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DNV and NASRC to Collaborate on Reducing Fluorinated Gas Emissions Across California
BURLINGTON, Massachusetts, May 23 -- DNV, a provider of classification, technical assurance, software and independent expert advisory services, issued the following news:
DNV, the independent energy expert and assurance provider, is pleased to announce that they have been selected as a contractor by the North American Sustainable Refrigeration Council (NASRC) to support the administration of the California Air Resources Board's (CARB) Fluorinated gas (F-gas) Reduction Incentive Program (FRIP).
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Harvard Business School Announces 2024-25 Leadership Fellows
CAMBRIDGE, Massachusetts, May 23 (TNSres) -- Harvard University's Business School issued the following news release:
Harvard Business School has announced the 2024-2025 cohort of its Leadership Fellows Program. The program is based on University Professor Michael Porter's vision of developing a network of HBS graduates with cross-sector experience who are committed to addressing societal issues throughout their careers. Since 2003, it has placed over 300 fellows at organizations such as the Cit
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Harvard School of Public Health: Extreme Temperatures May Increase Risk of Stroke Mortality, Especially in Low-Income Countries
BOSTON, Massachusetts, May 23 (TNSres) -- Harvard University's T.H. Chan School of Public Health issued the following news release:
Extreme heat and extreme cold are both associated with increased risks of death from ischemic and hemorrhagic stroke, according to a new study led by Harvard T.H. Chan School of Public Health. The researchers found that the link between extreme temperatures and stroke mortality was stronger in low-income countries than in high-income countries.
The study was publi
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Healey-Driscoll Administration Announces Opening of Seaport Economic Council Grant Program
MARION, Massachusetts, May 23 -- Gov. Maura Healey, D-Massachusetts, issued the following news release on May 22, 2024:
Today, the Healey-Driscoll administration announced the FY25 opening of the Seaport Economic Council's grant program, which provides funding to support working waterfronts, local tourism, coastal resiliency, and maritime innovation across Massachusetts' coastal region.
The announcement was made by Lieutenant Governor Kim Driscoll, Chair of the Seaport Economic Council, during
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Karen Antman Stepping Down as BU's Medical School Dean and Medical Campus Provost
BOSTON, Massachusetts, May 23 -- Boston University issued the following news:
By Rich Barlow
Karen Antman, who led two transformative decades for Boston University's Chobanian & Avedisian School of Medicine as dean of the school and provost of the Medical Campus, has announced plans to step down from those roles and return to the faculty at the BU medical school as a professor of medicine when her successor is named.
Antman, a leading expert on breast cancer, mesotheliomas, and sarcomas, als
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M&A Magazine Recognizes Mintz in 'Middle-Market Deals of the Year'
BOSTON, Massachusetts, May 23 -- Mintz, a law firm, issued the following news release:
Mintz has been recognized by Mergers & Acquisitions' 2024 Middle-Market Deals of the Year for its role advising Monomoy Capital Partners and BlueMatrix.
In January 2024, Mintz advised BlueMatrix on a strategic growth investment in the company made by software investment firm Thoma Bravo, earning an honorable mention as a deal of the year in the technology sector.
Mintz was also recognized in the manufacturi
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MASS. A.G. CAMPBELL REACHES SETTLEMENT WITH EASYPAY OVER ALLEGED RENT-A-BANK SCHEME, SECURES RESTITUTION AND CEASES LENDING IN THE COMMONWEALTH
BOSTON, Massachusetts, May 23 -- Massachusetts Attorney General Andrea Joy Campbell issued the following news release on May 22, 2024:
Attorney General Andrea Joy Campbell has reached an assurance of discontinuance (AOD) with EasyPay, which made predatory loans to Massachusetts consumers by laundering loans through a bank not subject to Massachusetts' protections.
Under the AOD, EasyPay will stop making loans in the Commonwealth and will provide considerable consumer relief, including $625,000
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Mass. A.G. Campbell's Office Announces Settlements With Development Company In Weymouth And Concrete Manufacturer In Middleborough Over Clean Water Act Violations
BOSTON, Massachusetts, May 23 -- Massachusetts Attorney General Andrea Joy Campbell issued the following news release on May 22, 2024:
Attorney General Andrea Joy Campbell announced two separate settlements today with Hanover R.S. Limited Partnership (Hanover) and Pavestone, LLC (Pavestone), over allegations that each entity, in separate instances, violated the Federal Clean Water Act. The companies will make payments under those settlements totaling$174,000 most of which will fund projects to
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MASS. GOV. HEALEY: MASSDEP WINS $2 MILLION IN FEDERAL FUNDING TO CLEAN UP CONTAMINATED SITES IN HOLYOKE, LEOMINSTER, CHELSEA, AND BRIMFIELD
BOSTON, Massachusetts, May 23 -- Gov. Maura Healey, D-Massachusetts, issued the following news release on May 22, 2024:
The Healey-Driscoll Administration is today celebrating that the Massachusetts Department of Environmental Protection (MassDEP) won $2 million from the U.S. EPA's Brownfields Multipurpose, Assessment and Cleanup (MAC) Grant Programs and Revolving Loan Fund (RLF) Grant Programs. These programs fund projects that assess and clean up contaminated sites, known as Brownfields, conv
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MassDevelopment: 63 Affordable Apartments for Boston Seniors
BOSTON, Massachusetts, May 23 -- MassDevelopment issued the following news release:
MassDevelopment has issued a $21,816,800 tax-exempt bond on behalf of CCC River LLC, an affiliate of B'nai B'rith Housing of New England, Inc., which will use proceeds to build a mixed-use building in Boston's Hyde Park neighborhood that will feature 63 units of affordable senior rental housing and ground-floor retail. The new building will replace an existing underutilized commercial space containing an auto re
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N.H. GOV. SUNUNU: DATA - NEW HAMPSHIRE ENERGY POLICY MITIGATES RISING COSTS FOR RATEPAYERS
CONCORD, New Hampshire, May 23 (TNSres) -- Gov. Christopher T. Sununu, R-New Hampshire, issued the following news release:
Data from the Energy Information Administration's (EIA) "Electric Power Monthly" reports finds that residential electric rates in Connecticut, Maine, Massachusetts, and Rhode Island have all increased at a substantially greater rate than New Hampshire from 2017 to 2024.
The data finds that on a cents-per kilowatt-hour basis for residential customers:
* Rhode Island rates
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Nutter Represents CRIO in Significant Investment From The Riverside Company
BOSTON, Massachusetts, May 23 -- Nutter, a law firm, issued the following news release:
Nutter served as legal counsel to CRIO, Inc., a leading provider of eSource and other eClinical technologies, in a significant investment from The Riverside Company, a global growth oriented private equity firm. The Nutter team was led by Shannon Zollo and included Meghan Kelly, Rob Lynch, Francesca Oliveira, Josh French, Kadeem Apply, Kyle Sutton, Scott Masaitis, Tracy Vitols, Erin Whitney Cicchetti, Patric
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Regis College: Lynch Foundation Gift to Support High School Students Pursuit of College Credits
WESTON, Massachusetts, May 23 -- Regis College issued the following news:
The Lynch Foundation has awarded Regis a $46,500 grant for financial aid to students enrolled in the university's Summer Scholars program. The program provides high school students the opportunity to earn college credits and potentially advance their future degree program.
The Summer Scholars program at Regis is designed for rising high school juniors and seniors to enroll in two academic courses in preparation for their
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Ropes & Gray Attorneys Discuss Wesco Case in Harvard Law School Bankruptcy Roundtable
BOSTON, Massachusetts, May 23 -- Ropes and Gray, a law firm, issued the following news:
In an article on Harvard Law School Bankruptcy Roundtable, business restructuring partner Ryan Dahl, capital solutions & private credit partner Leonard Klingbaum, business restructuring counsel Stephen Iacovo and associate Tessa Ptucha discussed the summary judgement opinion in the chapter 11 case of Wesco Aircraft Holdings, Inc.
The article says, "the ruling may be read to (explicitly or not) accept the no
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Ropes & Gray Represents Underwriters in Kayne Anderson BDC IPO
BOSTON, Massachusetts, May 23 -- Ropes and Gray, a law firm, issued the following news:
Ropes & Gray advised the underwriters in the initial public offering of Kayne Anderson BDC, Inc., a business development company that invests primarily in middle-market companies.
The offering was priced on May 21 at $16.63 per share for 6,000,000 shares of common stock and announced in a press release.
The team was led by capital markets partner Paul Tropp.
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Original text here: https://www.ropesgra
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Ropes & Gray: At DePauw University Commencement, Doug Hallward-Driemeier Emphasizes Allyship
BOSTON, Massachusetts, May 23 -- Ropes and Gray, a law firm, issued the following news on May 22, 2024:
On May 19, Doug Hallward-Driemeier, partner and head of the firm's appellate and Supreme Court practice, served as the commencement speaker at DePauw University, from which he received his Bachelor of Arts, summa cum laude, in political science.
In his remarks to the class of 2024, Doug reflected on his career and noted the importance of allyship. "If there is a theme to those things in my
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Ropes & Gray: Irina Sivachenko Examines the DOJ Whistleblower Reward Program Within FCPA Cases During TransPerfect Legal Program
BOSTON, Massachusetts, May 23 -- Ropes and Gray, a law firm, issued the following news:
Senior attorney Irina Sivachenko recently joined an all-women panel to explore the latest developments and insights surrounding the Department of Justice (DOJ) Whistleblower Program within FCPA cases.
The TransPerfect CLE program titled, Department of Justice Whistleblower Program: Expected Impacts on FCPA Compliance Programs & Investigations, examined the positive impact of the DOJ's program on compliance,
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UMass-Lowell: Poll - Biden Slightly Ahead of Trump With N.H. Likely Voters in November's General Election
LOWELL, Massachusetts, May 23 (TNSres) The University of Massachusetts Lowell campus issued the following news release:
President Joe Biden is slightly ahead of former President Donald Trump in the race to win back the office among New Hampshire residents likely to vote in November, according to new poll results issued by the UMass Lowell Center for Public Opinion (https://www.uml.edu/Research/public-opinion/polls/default.aspx) and YouGov.
Of 600 likely New Hampshire voters surveyed, Biden lea
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