The Ticker

Written By Unknown on Senin, 18 Maret 2013 | 12.32

State: Please file online

Less than a month before the tax filing deadline, Massachusetts officials continue to urge taxpayers to file their state returns electronically if possible.

The state Revenue Department said it had processed nearly 1.4 million electronic returns as of Friday, compared with about 154,000 paper returns. The average turnaround for a refund was just under three and a half days for electronically filed returns and five days for those filed the old-fashioned way.

Maxim's up for sale

Racy men's magazine Maxim is up for sale, according to the publication's president, Ben Madden. The private equity owners of Maxim's parent, Alpha Media Group, have owned the business for more than six years, and that is the usual time for such investors to try to sell, he said. Madden added that the company's investment in online video and digital subscriptions is starting to pay off. Digital revenue is up 
45 percent so far this year, compared to a year ago, while print ad revenue is set to rise in the first half, he said.

Today

 The Boston Redevelopment Authority holds a community meeting for a convention center hotel project on D Street in South Boston.

 Moscow government officials and KPMG host conclude presentations of their "Destination Moscow Roadshow 2013" at the InterContinental Hotel in Boston.

TOMORROW

 The Commerce Department releases housing starts for February.

 Federal Reserve policymakers meet to discuss interest rates.

 Commerce Bank has promoted Alan Jenne, left, as senior vice president of consumer lending. Jenne, who is responsible for the bank's consumer lending and classic car divisions, joined the bank in 2009 as vice president of consumer lending.

 Welch's of Concord has appointed Geralyn R. Breig to its board of directors. Breig is a former executive with the Avon and Godiva brands and is currently a board director with 1-800-Flowers.com.

 Monster has hired Matt Anchin as senior vice president of global communications. Most recently, Anchin served as senior vice president of global marketing and communications for the media businesses of Nielsen, and vice president of online communications at American Express.


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