News

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…

Future construction deals still sluggish

Contracts for future residential, nonresidential and nonbuilding construction in New Hampshire remained sluggish in June. According to data compiled by McGraw Hill Construction of Lexington, Mass., contracts for future residential construction decreased 11 percent, to $83 million, in June 2007,…

iCAD OKs stock packages for execs

iCAD shareholders approved a stock compensation package for the company’s executives totaling 375,000 shares, worth about $1.5 million. Garnering most of the common stock awards was chief executive Ken Ferry, who is set to receive 275,000 shares. With an exercise…

Minimum wage increase begins today

A recently approved 70-cent increase in the federal minimum wage takes effect today. In New Hampshire, the wage will increase by another 65 cents when a state-mandated hike takes effect on Sept. 1. Both changes comes 10 years after the…

N.H. Travel Council scales back

The New Hampshire Travel Council has made several changes in its organization, including a consolidation of its fall and spring conferences and the elimination of the organization’s one paid staff position, its executive director. The changes are credited to the…