Author: Jeff Feingold

Hampshire First, NHTB report good 3Qs

Hampshire First Bank, based in Manchester, and New Hampshire Thrift Bancshares Inc., holding company of Newport-based Lake Sunapee Bank, each had good quarterly earnings news to report last week.Hampshire First reported net income of $584,000, or 21 cents a share,…

Event to honor employers of disabled

The third annual statewide Employer Recognition Breakfast, which honors New Hampshire businesses that have demonstrated a commitment to improving employment opportunities for workers with disabilities, will be held Thursday, Oct. 13, at the Radisson in Manchester.Kicking off at 7:15 a.m.,…

Borders closing hits five stores in N.H.

Following a long struggle to keep its head above water, Borders, the nation's second-largest bookstore chain, will liquidate and shutter its nearly 400 remaining bookstores, including all three full-size stores and two express stores in New Hampshire.After being unable to…

CPEX vote down to the wire

In the last two weeks, CPEX Pharmaceuticals shareholders have been bombarded with offers, rejections, dueling reports and some name-calling as they prepare to vote Thursday on whether to sell the alternative drug delivery firm to a subsidiary of a bankrupt…

SBA lending provision faces expiration

Unless Congress votes to extend it, a key small-business lending provision in the Small Business Jobs Act will expire after Dec. 31.The Jobs Act of 2010, passed in September by Congress, included an increase in the U.S. Small Business Administration’s…

Future construction pace continues slide

The pace of future construction slowed dramatically in September, with double-digit drops in the number of contracts seen across all categories.According to figures from industry information service McGraw-Hill Construction, the total value of future construction contracts reported in New Hampshire…

BAE Systems completes acquisition of Manchester firm

Global defense contractor BAE Systems has made official its previously announced acquisition of Oasys Technology, a Manchester-based manufacturer of electro-optical systems and subsystems. BAE will pay $25 million in cash, with another $30 million in potential payouts if Oasys meets…