News

White Mountain Insurance Group basically had a flat quarter, posting a net income of $12 million, up from $3 million during the second quarter of 2010. That translates into diluted earnings per share of $1.51, on a stock that closed…

ProPhotonix Limited would have made money last quarter, or would have at least broken even if not for its debt and stock-based compensation to top executives.The Salem-based manufacturer of LED light engines and laser diode modules, formerly known as StockerYale,…

Unitil Corp., the Hampton-based utility, lost $800,000 in the second quarter of the year, a better showing compared to last year, when it lost $2.1 million in the second quarter.Because of the seasonal nature of natural gas consumption, Unitil said…

Centrix Bank, following in the footsteps of other local banks, reported a strong second quarter in earnings and growth.The Bedford-based commercial bank reported a net income of $1.5 million, or 47 cents a diluted share, for the quarter ending June…

Can state paperwork be simplified for small businesses? Rep. George Lambert thinks it can, but he doesn't know how to go about it yet.Lambert, R-Litchfield, plans to file a bill that would require different agencies in the Department of Labor,…

Public Service of New Hampshire cannot impose a surcharge on the large customers dropping its services for lower-priced competitors, but it can charge them extra if they want to come back, the Public Utilities Commission concluded in an order issued…

Isaacson Structural Steel will be able to continue operating until the end of September, thanks to a bridge loan and an order issued Monday by the bankruptcy court.The bridge loan may lead to new financing, and unless it does, the…

The total value of future construction contracts reported in New Hampshire for June 2011 increased to $221.3 million, up 9 percent from the $203.6 million reported a year earlier.According to statistics from the industry information service McGraw-Hill Construction, a 61…

There was yet another year-over-over decline in home sales and prices in June -- the last decline that can be blamed on the sales peak fueled by last year's stimulus tax break, according to the New Hampshire Association of Realtors.Home…

If Congress does not raise the debt ceiling by the Aug. 2 deadline, it could trigger another global financial crisis and the country could experience a double-dip recession, U.S. Sen. Shaheen said Thursday in a conference call with the press.If…