News

Ex-Enterasys controller responds to SEC charges

A civil securities fraud complaint against Enterasys Networks’ former controller, Lawrence “Larry” Collins, should be dismissed because the charges didn’t specify how he was involved in four suspect transactions in which he allegedly participated, his lawyers say in a motion…

Rock of Ages CFO resigns

The chief financial officer of Rock of Ages Corporation will resign after the release of the Concord-based granite quarrier’s second-quarter results on Aug. 14. The company Thursday announced the departure of Nancy Rowden Brock, who had been CFO since May…

PC Connection sees 2Q increase

Earnings increased in the second quarter for Merrimack-based PC Connection, the company reported Thursday. Net sales for the second quarter ended June 30 increased 8 percent, or $33 million, to $441.1 million, compared to the $408.1 million reported for second…

Presstek reports $4.9m loss

Presstek posted a net loss of $4.9 million, or 13 cents per share, in the second quarter, the company reported on Thursday. The Hudson-based maker of printing equipment blamed the loss on “one-time expenses and special charges of $5.8 million,”…

Standex announces quarterly dividend

Standex International Corp. has declared a quarterly dividend of 21 cents per share. The dividend is payable Aug. 24 to shareholders of record by Aug. 10. The Salem-based diversified manufacturer said it is the 172nd consecutive quarter that the firm…

CBT earnings drop

Wolfeboro-based Community Bank and Trust Company reported that second-quarter earnings fell by a third compared to the previous year. The bank, which is about to be merged into Chittenden Corp.’s Ocean National Bank, reported net income of $1.296 million, or…

Brookstone reports 2Q sales hike

Net sales increased and losses declined in the second quarter for lifestyle specialty retailer Brookstone Inc., the company reported. The Nashua-based Brookstone yesterday reported net sales of $99.9 million for the second quarter ended June 30, a 9.4 percent increase…

StockerYale posts 2Q loss

StockerYale Inc. lost $2.15 million last quarter, slightly more than twice the amount it lost in the same quarter of the previous year, the company reported on Wednesday. The Salem-based provider of photonics-based products sustained the loss despite a 53…