The Ticker

Loretta's Last Call opens in June on Lansdowne St.

The Lyons Group has a name for its new country, bluegrass and roots live music venue set to open on Lansdowne Street in June — Loretta's Last Call.

The name comes from a guitar that the owners picked up on a trip to Nashville, according to a spokeswoman.

Brian Scully, of Boston country music band Dalton & The Sheriffs, will handle booking for the club, which will debut in the space formerly occupied by La Verdad, a Mexican restaurant that closed earlier this year.

Dow, S&P finish at record highs

The Dow and S&P 500 ended at record highs yesterday while the Nasdaq rallied as shares of Internet and biotech shares advanced.

The Dow Jones industrial average gained 112.13 points, or 0.7 percent, to end at 16,695.47. The Dow's previous record high was 16,583.34, set on Friday.

The Standard & Poor's 500 index rose 18.17 points, or 1 percent, to finish at an all-time high of 1,896.65. The index last closed at a record high April 2, when it reached 1,890.90.

The Nasdaq climbed 71.99 points, or 1.8 percent, to 4,143.86.

Biogen Idec jumped 4.8 percent, to $300.54, and TripAdvisor Inc. rose 5.8 percent, to $89.51. Twitter gained 5.9 percent, to $33.94, after news reports that brokerage SunTrust raised its rating on the stock to "buy."

Hub/Istanbul nonstop flights start

Service on the first nonstop flights on Turkish Airlines between Istanbul, Turkey and Boston's Logan International Airport began yesterday.

The Boston service is starting with five flights per week, on Mondays, Wednesdays, Thursdays, Fridays and Sundays. After June 10, flights will increase to daily frequency.
 

Today

 Commerce Department releases retail sales data for April.

 Commerce Department releases business inventories for March.

TOMORROW

 Labor Department releases the Producer Price Index for April.

THE SHUFFLE

George O'Connor has joined the Boston office of real estate services firm Cassidy Turley as an associate specializing in the metro south suburban markets. O'Connor comes to Cassidy Turley from Blair Academy, where he served as the director of international recruitment. In his new role at Cassidy Turley, he will be responsible for developing new business and providing real estate consulting services for clients.

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