News

Three Enterasys Networks executives who cooperated with the government were sentenced to federal prison Wednesday, even though they were mainly “victims of a corrupt corporate culture” at the Cabletron Systems spinoff, in the words of Judge Paul Barbadoro. Sitting in…

Community Bank and Trust’s chief executive, board chairman and vice chairman - all of whom recommended that the Wolfeboro bank should merge with Chittenden Corp.’s Ocean Bank -- will receive $560,000 in salaries and cash and more than $1.1 million…

Prosecutors are recommending that three former executives who cooperated by testifying against five fellow Enterasys Networks executives at their trial last December should serve as little as 18 months and as many as five years in jail when they are…

Cedar Point Communications has been recognized as the second-fastest growing private company in the United States as well as the country’s fastest-growing telecommunications company by Inc. magazine. The Derry-based firm’s revenue growth rate of 14,853.3 percent between 2003 and 2006…

Although sales of high-end homes in New Hampshire may be slowing in response to rising interest rates and a credit squeeze, the state appears insulated from an even more immediate concern afflicting other regions where high housing prices prevail. Rates…

Specialty Hospitals of America, a Portsmouth-based operator of long-term acute care hospitals, is about to acquire its third facility in Washington, D.C. The Washington Post reported Thursday that the owner of Greater Southeast Community Hospital has agreed in principle to…

The deadline for submitting nominations for the New Hampshire Business Review’s Business Excellence Awards is today. The award honors people who often don’t receive recognition for their work: owners and executives of small businesses. Businesspeople in 14 different industries will…

While it says it’s not looking to get out of the real estate business, Pennichuck Corporation has put up for sale its one developed property, Heron Cove Office Park in Merrimack, which houses such tenants as Fidelity Investments and Raymarine…

SkillSoft has sold its FinancialCampus unit to financial services training company SmartPros for an undisclosed price. Both the Nashua-based e-trainer SkillSoft and SmartPros of Hawthorne, N.Y., have experienced significant growth in the last few years through the acquisition of other…

An internal investigation into practices governing how stock options were granted at the former Fisher Scientific revealed that the Hampton-based company sometimes retroactively timed granting of the options to its executives’ benefit, according to documents filed with the Securities and…