News

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…

White Mountains Group has flat 2Q

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…

Unitil shrinks its 2Q loss

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 has strong 2Q

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…