The Ticker

Staples to buy PNI

Framingham, Mass.-based Staples said yesterday it will pay roughly $67.5 million for Canada's PNI Digital Media, giving it control of the software maker that powers in-store kiosks to print photographs, calendars and wedding invitations. Staples is paying $1.70 Canadian for each share in PNI, a premium of 32 percent to PNI's close on the Toronto Stock Exchange on Friday.

Coca-Cola to remove drink ingredient

Coca-Cola Co., the world's largest beverage maker, plans to remove brominated vegetable oil from all its U.S. drinks by the end of this year, abandoning an ingredient that has been targeted by food activists.

The additive, known as BVO, will be taken out of both ready-to-drink beverages and fountain-machine formulas, Coca-Cola spokesman Josh Gold said in a statement. BVO is used as a stabilizer in drinks like Powerade, helping prevent ingredients from separating. PepsiCo Inc., after removing BVO from Gatorade last year, said yesterday that it too is replacing the additive in the rest of its lineup.

Comcast opening 200-person center

Comcast is expected to employ about 200 people at a new customer service center by the end of the year in Hudson, N.H. The center, located at the former home of Presstek, a printing equipment company, can employ up to 600 agents. Employees will provide support for a region serving 1.6 million customers in New Hampshire, Maine and eastern Massachusetts. Comcast will start advertising and posting new positions this month.

Stocks higher, with Apple over $600

U.S. stocks ended slightly higher as data showed strength in the services sector and Apple shares rose above $600 for the first time since late 2012. The Institute for Supply Management's services sector index hit the fastest pace in eight months in April, topping expectations. It was the latest report to offer upbeat news on the economy after an unusually harsh winter.

TODAY

 Commerce Department releases international trade data for March.

TOMORROW

 Labor Department releases first-quarter productivity data.

 Federal Reserve releases consumer credit data for March.

THE SHUFFLE

Michael R. Hicks has been named senior vice president and chief operating officer of Comprehensive Benefit Administrators, a full-service integrated employee benefits management company in Norwell. Hicks is responsible for the strategic direction and tactical execution of the company, with the primary objective of profitably growing the organization.

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