The Ticker

Written By Unknown on Selasa, 02 April 2013 | 12.32

R.I. agency hits Schilling

Rhode Island's economic development agency says there is "crushing evidence" that former Red Sox pitcher Curt Schilling, right, and others concealed financial information about Schilling's now-defunct video game company, and that the Superior Court suit against them should be allowed to move ahead.

Responding to last month's request from 38 Studios executives that the suit be dismissed, the Economic Development Corp. stated in documents that its board was not informed about a financing shortfall when approving a $75 million loan guarantee. But attorneys for Schilling and others being sued say they disclosed the company's financial needs.

Gas prices continue to drop

Bay State gas prices are down four more cents this week, according to AAA Southern New England.

Self-serve, regular unleaded is currently averaging $3.59 a gallon. The national average is $3.63. Local prices are down 13 cents over the past month. A year ago at this time, the Massachusetts average price was $3.79.

Raytheon lands $156M missile contract

Raytheon Corp. was awarded a $155.6 million contract to manufacture Block 2 Rolling Airframe missiles for the German navy. The contract, which was awarded in the Waltham-based defense company's first quarter of this year, represents the largest single RAM award by Germany, officials said.

K&L Gates opens Delaware office

Law firm K&L Gates has opened its 48th office worldwide in Wilmington, Del.

Joining the firm in setting up the office are new partners Scott E. Waxman, Eric N. Feldman, Nicholas I. Froio and Christina M. Houston, who all come from the Delaware law firm of Potter Anderson & Corroon LLP.

Today

 Automakers release vehicle sales for March.

 Lantheus Medical Imaging Inc. hosts a conference call to discuss results for the fourth quarter and full year of 2012.

TOMORROW

 Natixis Global Asset Management President and CEO John Hailer addresses the Greater Boston Chamber of Commerce on immigration, education and global competitiveness at the Intercontinental Hotel.

National Grid has named John J. Donleavy, left, executive vice president and chief operating officer for the utility's U.S. operations. Donleavy was previously president and chief executive officer of Vermont Electric Power Co.

 Boston-based NaviNet Inc. has hired Daniel Timblin as its chief financial officer. Timblin was most recently a member of Blue Cross Blue Shield of Tennessee's leadership team.


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