Two UMass Medical School researchers and Waters Corp. of Milford have received a share of an $8.3-million Massachusetts state grant to advance breast cancer imaging technology.
Just over a month before the first switches out its CEO, Milford life sciences company Waters Corp. on Tuesday announced its profits dropped 15% in the second quarter, as its revenues fell 13%.
Milford health software company Waters Corp., which has $2 billion in annual revenue, announced Wednesday it is seeking a replacement to CEO Christopher O’Connell.
As recently as Feb. 19, stocks were riding high for Central Massachusetts-based public companies and beyond. As coronavirus has spread into a pandemic that's brought much of the economy to a standstill, those stocks have not been spared.
Coronavirus fears that have rocked the American stock market have not spared public companies based in Central Massachusetts. The area's 10 largest public companies lost an average of 14% in share price through Monday since the market peaked Feb. 19.
Public companies across the country – as well as others in Central Massachusetts including TJX Cos. and Hologic – have been spending more money than ever buying their own shares.