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RXi Narrows Losses, Gains Revenue In Q2

Westborough-based biotechnology startup RXi Pharmaceuticals saw positive progression in the second quarter ended June 30, narrowing its losses compared to last year while gaining revenue and improving its cash position.

Kopin Revenue Falls For Q2

Westborough-based Kopin Corp., which is transitioning its business model to a focus on wearable technology, today reported a drop in revenue for its second quarter, along with a larger year-over-year loss.

Virtusa Again Reports Strong Growth

Virtusa Corp. of Westborough reported revenue growth of 19 percent in its most recent quarter, along with a 22.5-percent jump in net income as the global technology services provider continued a string of strong quarterly results.

Berkshire Bank Updates Q2 Guidance

Berkshire Hills Bancorp announced updated guidance ahead of the release of its second-quarter earnings on Wednesday.
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RXi Files For NASDAQ Listing, Announces Stock Split

Westborough-based RXi Pharmaceuticals Corp., a clinical-phase biotechnology company focusing on RNA-target technology, has filed an application for listing on The NASDAQ Capital Market.

Bose Corp. Founder Dead At 83

Amar G. Bose, the founder and chairman of Framingham-based audio technology company Bose Corp., died July 12. He was 83.

CSX Delivers $5M To Worcester

In announcing a “substantial completion” of its $100-million rail yard project, CSX Corp. has followed through with its commitment to contribute to a neighborhood improvement fund, giving Worcester $5 million, according to City Manager Michael O'Brien.

Post-Acquisition, Akibia Is Fully Assimilated

Three years after becoming part of an Indian company called Zensar Technologies, Westborough-based Akibia — which recently...
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Westborough Firm Adds Auditing Services

The Westborough-based accounting and consulting firm Stowe & Degon LLC has expanded its business to include an internal audit and forensic services practice.

Gaming Boss: One Year Until Casino Construction

Stephen Crosby, chairman of the Massachusetts Gaming Commission, said this morning in Westborough that he expects casino construction to begin within one year.
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