The Ticker

Written By Unknown on Selasa, 26 Agustus 2014 | 18.38

Fore River power plant purchased for $530M

Houston-based Calpine Corp. announced yesterday that it has agreed to purchase North Weymouth's Fore River Generating Station and related power plant inventory from Exelon Corp. for $530 million. Built in 2003, the 809 megawatt Fore River power plant features two Mitsubishi 501G combustion turbines, two heat recovery steam generators and one Mitsubishi steam turbine. The plant's dual-fuel capability enables it to run on either natural gas or fuel oil, depending upon market conditions.

Amazon buying Twitch Interactive

Amazon is buying video game streaming platform Twitch Interactive for $970 million in cash as it seeks to expand its presence in gaming.

As video gaming grows into an online spectator sport, gameplay video feeds are becoming increasingly lucrative. Twitch had 55 million unique visitors in July, most of whom went to the Twitch.tv website to watch other people play games — competitions interspersed with advertising.

The deal is the latest example of Amazon expanding into new commercial arenas. It introduced its own smartphone, the Fire, this month. Earlier this summer, it added same-day delivery and a set-top video streaming device to its list of services for members of Prime, its $99 annual loyalty program.

Amazon already has an in-house gaming studio that makes games, and its Fire TV set-top box was designed to attract gamers.

Today

 Commerce Department releases durable goods for July.

 Standard & Poor's releases S&P/Case-Shiller index of home prices for June and the second quarter.

 The Conference Board releases the Consumer Confidence Index for August.

TOMORROW

 Labor Department releases weekly jobless claims.

 Commerce Department releases second-quarter gross domestic product.

 Freddie Mac, the mortgage company, releases weekly mortgage rates.

 National Association of Realtors releases pending home sales index for July.

THE SHUFFLE

Biogen Idec announced the appointment of Adriana (Andi) Karaboutis as executive vice president, technology and business solutions, effective Sept. 24. Karaboutis will lead Biogen Idec's information technology operations and advance the company's use of technology and data to enhance overall engagement with patients and healthcare providers. Karaboutis joins Biogen Idec from Dell where she was vice president and chief information officer, with responsibility for the company's overall IT enterprise and customer experience. Her background also includes leadership roles in global IT and business operations at Ford Motor Co. and General Motors.

Do you have a new hire or promotion to announce? Send items and photos for The Shuffle to bizsmart@bostonherald.com.


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