News

Hampshire First net income rises 50%

Second-quarter net income was up 50 percent at Manchester-based Hampshire First Bank, the bank reported Friday.The bank earned $430,000, or 15 cents a share, for the quarter ending June 30, compared to $266,000, or 10 cents per share a year…

PSNH 'power migration' rate tops 37%

Business customers in Public Service of New Hampshire's service area continue to choose to buy their power elsewhere, according to the latest figures released last week.The percentage of power sold by PSNH competitors to the companies in the utility's service…

GT Solar execs' FY11 pay: $14.6m

GT Solar International paid its top five executives a total of $14.6 million in compensation in fiscal year 2011 -- a nearly 40 percent increase, despite a decrease in pay to its chief executive -- according to a proxy statement…

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…

USA Springs plan up to the court

USA Springs is on its way to completing its controversial water bottling plant in Nottingham -- all it needs is approval of a reorganization plan by the Bankruptcy Court in Manchester.Under the plan, the company -- which will remain under…

NHTB assets top $1b

The holding company of Lake Sunapee Bank now has more than a billion dollars in the bank, so to speak.Newport-based New Hampshire Thrift Bancshares Inc.'s total assets increased 3.6 percent to $1 billion in the quarter ending June 20, the…