News

Halsted named Cedar Point CFO

Donald Halsted will join Derry-based Cedar Point Communication as its new chief financial officer later this month. Halsted has worked in the telecommunications industry for more than 25 years, most recently serving as CFO of 3Com Corp. of Marlborough, Mass.…

Taxes, energy top concerns at BIA forums

Taxes and high energy costs topped the list of concerns of businesspeople who participated in the Business & Industry Association’s series of forums held around around the state in June. Other critical issues facing businesspeople in the state were the…

Ex-Cabletron CFO files SEC response

David Kirkpatrick, chief financial officer of Cabletron Systems for more than a decade, said through his attorneys that civil charges by the Securities and Exchange Commission alleging tthat he engaged in a conspiracy to inflate revenue while Cabletron was being…

Former Cabletron CEO responds to SEC complaint

Charges that former Cabletron Systems Chief Executive Officer Piyush Patel engaged in securities fraud while splitting up the former Rochester-based company are not specific enough and should be dismissed, according to Patel’s attorneys in a motion filed Friday in U.S.…

N.H. Thrift Bancshares income falls

Net income for New Hampshire Thrift Bancshares Inc., holding company for Lake Sunapee Bank, fell 24 percent for the second quarter of 2007, the company reported Monday. The company said consolidated net income was $2.1 million. or 48 cents per…