News

GT Advanced Technology is employing a "continued strategy of competition by litigation" in filing a "frivolous" and "completely false and baseless" lawsuit against Poly Plant Project Inc. last week, the Burbank, Calif., company said in a Monday morning press release."This…

Pennichuck Corp. reported comprehensive income of $2 million, or 51 cents a diluted share, for its third quarter, slightly less than the $2.2 million figure reported during the same quarter of last year, even though net income and revenue increased…

GT Advanced Technologies has widened its litigation against the Italian citizen who allegedly stole the Merrimack-based company's technology and the California company that allegedly benefited from the alleged intellectual property thievery.The maker of equipment and materials used to manufacture solar…

There has been a flurry of earnings reports over the last week from public companies based in New Hampshire or with substantial operations in the Granite State. Here is what some firms have reported.StandexStandex International Corp., Salem, reported a net…

If U.S. Sen. Kelly Ayotte gets her way, New Hampshire retailers that sell their goods online to residents of other states won't have to collect and remit sales taxes back to those states.That's the gist of a new bipartisan resolution,…

Presstek, Inc.'s stock will be delisted if it doesn't get its stock price up, Nasdaq warned the company last week. But the Hudson-based printing equipment can still be traded on the exchange, at least until April.The company's stock traded below…

Bottomline Technologies reported a net income of $1.7 million (a nickel a share) in the first quarter of the company's fiscal year, which ended on Sept. 30.That's a falloff of nearly $1 million from the $2.7 million net income reported…

The bankrupt Kingsbury Corp. told its workers Monday they might have to wait until the company is sold before they can get paid three weeks' back wages from July.The company was in Bankruptcy Court in Manchester to get approval from…

A group of former FairPoint Communications creditors has filed suit against Verizon Communications, charging that the giant telecom is to blame for FairPoint's bankruptcy and continued financial troubles.The creditors have formed a litigation trust and filed a $2 billion fraudulent…

Patrick C. McHugh, FairPoint Communications' assistant general counsel in northern New England, has been named the company's New Hampshire state president.He succeeds Teresa Rosenberger, who stepped down from the post last month to return to her work at the Devine…