| Former senator, veterinarian, W.A. Truban dies at 82
WOODSTOCK, Va. Former Senator William Truban has died at the age of 82. Truban died Saturday at an assisted-living center in Woodstock. The Republican who won a special election in northwestern Virginia in 1970 and represented the then-rural 27th District, and served as Senate minority leader until November 1991 and retired in 1992. Truban, a veterinarian, was the sole Republican on the Senate Finance Committee. He helped secure funding for a veterinary school at Virginia Tech that's now known as the Virginia-Maryland Regional College of Veterinary Medicine. Truban served on the Joint Legislative Audit and Review Commission, and in 1990 he proposed establishing a state cash reserve to protect Virginia's bond rating and keep the state on firm financial footing during economic downturns.
Alice Peck Day Celebrates 75 Years
Lebanon -- Much as she missed participating in the kickoff event for Alice Peck Day Memorial Hospital's 75th anniversary, birthing-center nurse Patsy Sirois wasn't going to miss her appointment with a patient yesterday afternoon. Never mind that the service Sirois delivered wasn't going to bring the hospital any income
right away. For new moms, we offer a free half-hour massage, Sirois said on her way to the lobby, where most of the crowd for the opening ceremonies was going or gone. I had two moms come in for their freebies today. While she was kneading her patient's muscles and filling the need for adult company -- Studies show that when new moms are nurtured, it helps them better nurture their babies, Sirois said -- the hospital found more than enough staff and trustees past and present to recall some of APD's history.
Sharon native helps impoverished youths in third-world country
Philip Jordan has already had a well-traveled law career, even at the relatively young age of 28. An associate attorney at the Boston-based Bingham McCutchen firm, Jordan has studied in Venezuela, assisted with projects focused on development in El Salvador, and traveled frequently in Argentina as well as other regions of Latin America. Within Bingham McCutchen's Corporate Area, Jordan's practice involves commercial real estate, aviation and corporate finance matters for both U.S. and international clients. His Latin American environmental and human rights work took place while in law school at Boston College, and he is fluent in Spanish, studying at Centro Venezolano de Español in Caracas, Venezuela. All this experience has served to prepare Jordan well for his current and most ambitious Latin American venture to date.
VeriChip Launches IPO
Feb. 9, 2007Applied Digital launched the initial public offering (IPO) of its VeriChip division today with a lower-than-expected number of shares: 3.1 million at $6.50 per sharea sharp reduction from its intended 4.3 million shares and at the bottom end of its planned minimum price of $6.50 to $8.50 per share. Trading was moderate (2.2 millions shares traded hands) for the stock offering, which was underwritten by Merriman Curhan Ford, C.E. Unterberg, Towbin and Kaufman Bros.
The stock traded for as much as $6.99 and as little as $6.16, closing at $6.50. Thus, it fared much better than many other stocks trading on NASDAQ market, as reflected by the 1.16 percent drop in the NASDAQ Composite Index.
VeriChip's decision to pare down its IPO isn't necessarily bad news, says Frances Gaskins, president of IPOdesktop, a research firm located in Los Angeles.
Bids for land development must start anew
FRANKLIN — A Woburn developer will not pursue his $4.7 million bid to develop an old sewer dump on Pond Street, officials confirmed Tuesday during a meeting of the Economic Development Committee. The developer, Paul Maggiore of The Maggiore Cos., had previously expressed continued interest in the land. Reached after the meeting, he clarified that stance by saying he would look again at the 34-acre property, but only with a new, and likely lower, bid. "I’m definitely interested in working on that site," Maggiore said. Maggiore had planned to put in office buildings, a hotel, a restaurant and townhouse condos. However, a consultant he hired recently determined that wetlands on the site might be more extensive than once thought, potentially limiting construction.
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