(Source: Boston Herald)

** Massachusetts officials are subpoenaing records from Texas financier Allen Stanford's firm to see if any local investors lost money in an alleged $8 billion scam.
** Electronics company Jabil Circuit will close a Billerica plant and lay off 300 workers.
** Zoll Medical of Chelmsford plans to acquire rival Alsius of Irvine, Calif., for $12 million.
** Cambridge-based Ariad Pharmaceuticals said it will raise nearly $23 million in a stock sale.
** Mall owner General Growth Properties won an extension on a $95 million mortgage in Louisiana and said it's in default on two Las Vegas sites, according to a regulatory filing.
** Bank of America CEO Ken Lewis got a subpoena from the New York state attorney general's office in connection with Merrill Lynch's payment of employee bonuses before the firms combined on Jan. 1.
** SnapMyLife, a Needham-based mobile photo-sharing site, is teaming with the Travel Channel to give viewers early access to content from the "Anthony Bourdain: No Reservations" show.
** Consumer prices rose modestly in January, propelled by higher energy costs, but economists said they remain more concerned about the threat of price declines throughout the economy.
** Irving Picard, the trustee in charge of untangling the Bernard Madoff mess, told investors there was no indication the disgraced money manager bought securities for his clients. He said he has recovered $950 million so far.
- STAFF AND WIRE REPORTS
(c) 2009 Boston Herald. Provided by ProQuest LLC. All rights Reserved.
A service of YellowBrix, Inc.