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The Ticker - Feb 26 2009 8:51PM
Thursday, February 26, 2009 8:51 PM


(Source: Boston Herald)tracking** The Royal Bank of Scotland, parent of Citizens Bank, is expected to post the largest-ever loss by a British corporation and announce that it will offload toxic assets into a government insurance program when it reports earnings today.

** The Mashpee Wampanoag tribe requested a meeting with U.S. Sens. John Kerry and Edward M. Kennedy to change a law that could change the fortunes of its bid for a Middleboro casino, in the wake of a Supreme Court setback.

** Framingham construction company Perini swung to a fourth- quarter loss, hurt by an acquisition-related charge, and also lowered its outlook for the current financial year.

** The Alliance to Protect Nantucket Sound sued the Massachusetts Office of Coastal Zone Management, which ruled last month that Cape Wind Associates' planned 130-turbine project would be consistent with state environmental policies for federal waters.

** Federal prosecutors filed a complaint in U.S. District Court in Boston alleging drugmaker Forest Laboratories tried to pay doctors for prescribing its antidepressants Celexa and Lexapro and pushed the drugs for unapproved use on kids.

** The Hartford Courant, struggling with an industrywide decline in advertising, said it will eliminate 100 jobs this week.

** Hub money manager Eaton Vance said its quarterly profit fell 57 percent because it earned less in fees as financial markets tumbled. But the firm, known for its relatively conservative fund portfolios, beat analysts' expectations.

- STAFF AND WIRE REPORTS

(c) 2009 Boston Herald. Provided by ProQuest LLC. All rights Reserved.

A service of YellowBrix, Inc.



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