News

Balsams transaction delayed again

Closing on the sale of The Balsams Grand Resort in Dixville Notch to Ocean Properties has been extended a second time, through June 6.The prospective buyer, Ocean Properties, has asked for a continuation of the due-diligence period. A previous extension…

SBIR funding safe until Sept. 30

Two key federal small-business innovation programs have once again narrowly eluded shutdown, but a long-term solution remains elusive.The Small Business Innovation Research program, or SBIR, and the related Small Business Technology Transfer, or STTR, program have received another temporary appropriation…

GT Solar '11 earnings sizzle

Merrimack-based GT Solar posted a net income of $51.9 million, or 41 cents a share in the last quarter, bringing its net income for the fiscal year to $175 million, or $1.24 a share, with a backlog of $1.2 billion,…

Suit faults Rite Aid on overtime

An assistant Rite Aid store manager from Alstead is launching a class action suit against the pharmacy chain on behalf of all assistant store managers in the state, claiming they were not paid overtime for working more than 40 hours.In…

Brookstone 1Q loss shrinks

Merrimack-based lifestyle retailer Brookstone has announced its first quarter ended with a net loss of some $19 million -- $4.4 million lower than the net loss of $23.4 million reported in the same quarter a year ago.Sales of $80 million…