News

CB Richard Ellis has strong 2Q

Profits more than doubled in the second quarter for commercial real estate services company CB Richard Ellis. The increase was led by strong growth in the company’s European, Middle Eastern and African regions. Second-quarter 2007 revenue totaled $1.5 billion, up…

N.H. receives $150k EPA brownfields grant

The state Department of Environmental Services has been awarded a supplemental $150,000 federal brownfields grant aimed at helping to revitalize former industrial and commercial sites. The supplemental grant to DES is one of nine handed out by the U.S. Environmental…

Verizon Wireless to buy Unicel parent

Verizon Wireless will acquire Rural Cellular Corp., parent company of Unicel, for $2.67 billion, the companies announced Monday. The move, prompted by Verizon Wireless’s efforts to expand its coverage in rural areas, will take on RCC’s more than 700,000 customers…

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…