Despite soaring revenues, Virtusa profits drop 73%

Virtusa Corp.’s GAAP net income fell by $32.9 million for the entire 2017 fiscal year, as the company increased its revenue by 43 percent.

Boston Scientific completes $435M acquisition

Boston Scientific has completed its acquisition of a Swiss structural heart company and can immediately begin selling its systems.

Sales drop, profits grow at Staples amid restructuring

Shares of Staples, Inc.'s stock were trading down 5 percent Tuesday morning after the company announced a 5-percent drop in sales and net income growth of $45 million.

How to view and use advertising and PR

Advertising and public relations – two important components in any company's positioning and sales efforts. So, how do you define them, how do they work together, and when is the best time to...

Polar keeps Worcester on the map

Founded 135 years ago as a whiskey and seltzer company, Polar Beverages has been innovating ever since Prohibition forced the Worcester manufacturer to switch to carbonated beverages.

Acquisition drives RXi $5.5M loss

RXi Pharmaceuticals reported a first quarter loss of $5.5 million, as the company dealt with increasing research and development costs following a January acquisition.

Staples creates new C-suite position

Framingham office supply chain Staples has created a new chief security officer position in a new digital solutions division of the company.

Biostage running short on cash with IND looming

Biostage, which develops bioengineered organ implants, reported it lost $3.8 million in the first quarter, leaving it with only enough cash through the end of the year.