News

PC Connection's 2Q sales top $500m

PC Connection topped a half-billion in sales to pull just short of $7.5 million in net income, or 28 cents a share, in the second quarter ending June 30, the Merrimack company reported Thursday after market close.That's a 7 percent…

July sees huge drop in bankruptcies

Bankruptcies dropped sharply last month, continuing and accelerating the trend away from the record number of filings during the past several years.Some 350 businesses and households filed in July, which was123 fewer and 26 percent less than were filed in…

Micronetics cuts executive compensation again

Micronetics Inc. (NASDAQ:NOIZ) made a little money last quarter and paid its executives a little less last year.The Hudson supplier of microwave and radio frequency components and integrated subassemblies to defense contractors, reported earnings of almost a half-million dollars (11…

GT Solar snags $55m order

In what is becoming a common refrain, GT Solar International Inc. has received another order from a new customer in Asia, this time for $55 million.The Merrimack-based manufacturer of equipment for solar cells and LED lighting said the order would…