News

NHTB earnings flat in second quarter

The 2012 second-quarter earnings of Lake Sunapee Bank's parent company didn't improve much from last year's second quarter. New Hampshire Thrift Bancshares Inc. reported earnings of $2 million, or 30 cents a diluted share, virtually the same as it did…

Standex buys German electronics firm

Standex International Corp. has acquired Meder Electronic Group, a German company that designs switches, relays and sensors, for more than $40 million in cash.The acquisition would broaden the Salem-based company's product line and markets - both geographically and industrial -…