News

Presstek working on accounting fixes

Presstek still showed material weakness in its accounting practices at the end of the first quarter, the company said in filing its quarterly report late Tuesday. But the company is still working on fixing the procedures, according to the quarterly…

New Presstek CEO gets $6.5m deal

Jeffrey Jacobson, Presstek’s new chief executive officer, signed a four-year compensation package could be worth more than $6 million, not including 1 million stock options, according to documents filed with the Securities and Exchange Commission. Jacobson, 47, will get a…

CRDC’S Cannon to retire

Niel Cannon, executive director of the Capital Regional Development Council, has announced his plans to retire from the post he has held since 1991. He said he plans to continue working with CRDC until a new executive director is found.…

Callahan named Rockingham Park president

Edward Callahan, vice president and general manager of Rockingham Park since 1983, has been named president of the Salem racetrack. He will continue to serve as general manager. The move, announced Tuesday by the track, coincides with several other changes…

SkillSoft completes deal for Thomson unit

SkillSoft has finished its acquisition of NETg, a unit of global publisher Thomson Corporation, for $270 million in cash. The merger, originally announced on Oct. 25, 2006, will provide the Nashua-based SkillSoft with an additional 1,000 course titles from NETg,…

N.H. Thrift Bancshares merger approved

Shareholders of New Hampshire Thrift Bancshares and First Brandon Financial Corporation voted Monday to approve a previously announced merger of the two banks. The Federal Reserve Bank of Boston also has given the green light to the merger, which was…

EPA awards $2m grants in N.H.

The Environmental Protection Agency has awarded $2 million in brownfields grants to six New Hampshire communities and agencies, which are planning to use the money to assess and address contaminated parcels of land for redevelopment. Grants of $200,000 have been…

Manzi returns as Thermo Fisher chair

Thermo Fisher Scientific has brought back Jim Manzi as the non-executive chairman of the board, the company announced Monday. Manzi was the chair of Thermo Electron from December 2003 to November 2006, when the Waltham, Mass.-based company acquired Hampton, N.H.-based…