The Ticker

Written By Unknown on Kamis, 25 Juli 2013 | 20.25

Clover not cleared to open

Clover Food Lab, which had hoped to reopen yesterday, nearly two weeks after it was closed amid a salmonella outbreak, has yet to be given the green light by Cambridge and Boston inspectors.

Late yesterday afternoon, Ini Tomeu, Cambridge's public information officer, said Clover has submitted lists of staff who have been cleared by the state to return to work, and city inspectors will visit the company's two Cambridge restaurants today to conduct a final inspection before giving them approval to reopen.

Lisa Timberlake, a spokeswoman for the Boston Inspectional Services Department, said Clover needs the go-ahead from the state Department of Public Health before the city will inspect the restaurant.

Cambridge's Agios shares soar on IPO

Cambridge-based Agios Pharmaceuticals roared onto the Nasdaq yesterday, closing at $31.39 a share, more than 74 percent above its IPO price.

The offering raised about $106 million by selling 5.9 million shares at $18 each. In a separate deal, Celgene, which Agios is partnering with to develop two of its drugs to treat cancer and rare genetic disorders, has committed to buying $12.75 million in Agios shares.

New stores coming to The Street

Intermix and Jonathan Adler are among a raft of new stores scheduled to open this fall at The Street Chestnut Hill.

Calypso St. Barth, Skoah, DavidsTea, a first-in-New-England Splendid store, a second location for South Boston's Ku De Ta, and a third outpost for Boston's Polka Dog Bakery also are slated for fall debuts at the former Chestnut Hill Shopping Center on Route 9, which has been undergoing a transformation by WS Development.

TODAY

  • Labor Department releases weekly jobless claims.
  • Commerce Department releases durable goods for June.
  • Freddie Mac releases weekly mortgage rates.
  • 3M, Amazon, GM, Southwest Airlines and Starbucks report quarterly financial results.

TOMORROW

  • Samsung Electronics reports quarterly financial results.

THE SHUFFLE

  • Andrew Kaiser, above, has been hired as the new imaging director at WAAF-FM, an Entercom station. Kaiser previously served as creative services director as well as morning drive and evening host at Radio 104 in Hartford.
  • Liaison International, a leading provider of admission management and related software solutions for the higher education industry, announced that Jessica Finnefrock has joined Liaison as senior vice president of product development. Finnefrock joins Liaison from Blackboard Inc., where she led product strategy, development and support teams .

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