News

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…

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…

A newly released report finds that New Hampshire’s small hospitals are struggling to care for patients who need treatment for mental illness. The report, “Help Needed: Emergency Mental Health Care in New Hampshire’s Rural Hospitals,” stems from a study conducted…

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…

After less than three weeks on the job, Cheryl Groeneveld has stepped down as president of New Hampshire Community Technical College in Claremont. “She indicated only that it was for personal reasons,” Shannon Reid, director of communications at the New…

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 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 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…

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…

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…