Ocean Bank to take People's name
The Ocean Bank name, which was first used in 1854 by a bank in Kennebunk, Maine, and has replaced the name of more then a dozen New Hampshire banks in various mergers over the last two decades, will be no…
News
Work and Family Summit set for June 7
The second New Hampshire Summit on Work and Family will be held from 8:30 a.m. to 3 p.m. Monday, June 7, at the Grappone Conference Center in Concord.The summit is being put together by UNH Cooperative Extension, in conjunction with…
R&M tax bond rule checks out of hospitality industry
Remember last year the Legislature passed a bill requiring that all hotels and restaurants owners post a bond in case they didn’t pay up on the rooms and meals taxes they collected? Well, they can forget about it. The Senate…
N.H. nets $660k in Merrill Lynch settlement
New Hampshire will receive $660,560 as part of a $26.5 million national settlement with investment firm Merrill Lynch resolving issues of improperly licensed sales associates, the state Securities Bureau said.New Hampshire was part of a multi-state taskforce investigation that began…
Bottomline Technologies swings to a profit
Bottomline Technologies’ bottomline changed from red to black last quarter, but whether that justifies the recent run up in stock price remains to be seen.The Portsmouth-based software payroll firm posted a net income of nearly $1 million, or about 3…
What makes Manchester tick?
NHBR’s editors recently met with businesspeople from around Manchester to get their take on how the area’s economy is faring and what their expectations are for the future.The participants were:• Monica Zulauf, executive director, Manchester YWCA• Mike Reed, president, Stebbins…
Gas prices continue to creep up
Prices at the pump in New Hampshire are continuing their march up from last week.As of Wednesday, a gallon of regular gas in Manchester was about $2.75, a penny higher than the previous day and 3 cents higher than last…
CPEX drops Nasulin development
CPEX Pharmaceuticals has abandoned its attempt to develop Nasulin, a nasal insulin spray and one of the company’s key potential products when it was spun off from Bentley Pharmaceuticals in the summer of 2008.The Exeter-based firm buried the news in…
Northeast Bancorp quarterly earnings climb 37%
Northeast Bancorp, the parent company of Northeast Bank, announced net income of $530,632, or 20 cents per share, for its third quarter ended March 31, an increase of 37 percent compared to income of $387,370, or 14 cents per share,…
N.H. House has a full plate of bills
Workers with their hours cut should be able to collect unemployment benefits, even though they are still employed.Hospitals and insurers should collectively pay a $250,000 fee to study why the cost of health care is going up.Vendors who repeatedly sell…
