News

Riverstone Networks officials routinely cleaned up and booked “dirty” deals, by hiding verbal side agreements and e-mails that would have prevented them from being recognized as revenue, according to a revised civil complaint filed last week by the Securities and…

An old class action suit might come back to haunt Bottomline Technologies if a settlement arrangement unravels in the wake of a recent federal appeals court decision, according to the Portsmouth’s company’s quarterly filing with the Securities and Exchange Commission.…

On July 1, the Centers for Medicare and Medicaid will decrease the reimbursements for generic drugs that it pays to health-care providers. The move measure is part of the Medicaid Deficit Reduction Act of 2005, which is designed to save…

Gayle Spence Luacaw has agreed to pay nearly $339,000 to settle civil charges that she helped inflate revenues at the former Rochester-based Cabletron Systems and its spinoff, Enterasys Networks, in an agreement reached Tuesday and approved Wednesday by a federal…

A New Hampshire House committee has given the green light to a bill aimed at restoring the state’s Job Training Fund. The House Labor, Industrial and Rehabilitative Services Committee voted to support Senate Bill 97, which would appropriate $1 million…

New Hampshire has joined with 31 other states as a founding member of The Climate Registry, a multi-state effort to track and manage greenhouse gas emissions. In announcing the state’s participation in the registry, Gov. John Lynch said the registry…

Signature pulled pork sandwiches and baby back ribs were delivered to diners at Smokey Bones Barbeque and Grill restaurants in Concord and Newington for the last time last Friday night, when both closed their doors for good. The closings were…

The Thermo Electron-Fisher Scientific merger resulted in the layoff of 250 employees in the new company’s first few months, according to Thermo Fisher Scientific’s most recent quarterly filing with the Securities and Exchange Commission. This is a small fraction of…

The Peter Nugent Motor Company of Colebrook may have to pay up to $157,500 in fines for allegedly failing to plan for oil spills in violations as far back as 1997. According to a complaint filed Monday by the New…

A story that appeared in the May 1 edition of NHBR Daily, “Ex-Presstek CFO severance: $275,” incorrectly inferred that the Securities and Exchange Commission raised questions about Presstek’s accounting methods. In fact, the firm initiated the questions, asking the SEC…