News

Future construction deals increase in January

The total amount of contracts reported in January 2007 for future residential, nonresidential and nonbuilding construction in New Hampshire is higher than a year earlier. According to McGraw Hill Construction of Lexington, Mass., contracts for future residential construction increased by…

Centrix earnings rise in ‘06

Centrix Bank reported strong earnings on Monday. The Bedford-based bank posted $2.8 million in 2006 net income -- 93 cents a diluted share -- an increase of 25 percent from a year earlier. Net income for the fourth quarter was…

N.H.’s propane supply looking stronger

New Hampshire’s propane supply could return to normal within a week thanks to a tentative agreement reached between Canada’s United Transportation Union and the Canadian National Railroad. News of the pending agreement came the same day a shipment of propane…

Riverstone criminal probe continues in Calif.

A grand jury is continuing its investigation into possible criminal securities fraud by former executives of Cabletron Systems spinoff Riverstone Networks, according to testimony released by the attorneys of those being investigated. The U.S. attorney in northern California is considering…

Brookstone reports sales hike

Nashua-based Brookstone Thursday reported increases in total net sales and same-store sales for the fourth quarter. Total net sales and same-store sales for the fiscal year also increased for the quarter ending Dec. 30. Total net sales increased by 13.3…

Senate backs renewable energy tax deals

The state Senate approved a bill Thursday that would give municipalities the right to negotiate open-ended in-lieu-of-taxes agreements with renewable energy facilities. Current law limits in-lieu-of-taxes agreements to five years, but those involved in such facilities contend that their financing…

Rock of Ages posts stronger 4Q

Concord-based quarrier Rock of Ages made dramatic improvements in its fourth-quarter 2006 operating income, although revenues and profits were still down from 2005 numbers. Operating income for the quarter ended Dec. 31, 2006, was $3.5 million versus $1.8 million in…

House passes ‘deep pockets’ bill

Despite the united opposition of business groups, the New Hampshire House passed a bill Wednesday that would put make it more likely for insurance companies, corporations or governments entities pay full damages in a lawsuit, even when they are only…