News

Bottomline reports $2m loss

Portsmouth-based Bottomline Technologies posted a net loss of more than $2 million, or 9 cents a diluted share, in the quarter ending Dec. 31. The quarterly loss brings the total loss for the first half of the firm’s fiscal year…

Senate OKs umbrella waiver bill

Insurance companies will have to get it in writing if a customer waives umbrella coverage for uninsured motorists - otherwise the customer will be automatically covered - under a measure approved by the state Senate on Thursday. Senate Bill 38,…

Another Ex-Enterasys exec settles with SEC

Former Enterasys Networks executive Gary Workman has agreed to pay $225,000 to settle a civil complaint with the Securities and Exchange Commission, which charged that he conspired to inflate revenue starting even before the company was spun off by Cabletron…

Thermo’s earnings fall sharply

Thermo Fisher’s fourth corner and annual earnings dropped sharply because of costs resulting from the merger of Massachusetts-based Thermo Electron and New Hampshire-based Fisher Scientific, even as the size of the company - both in terms of revenue and assets…

Two top Timberland execs to leave firm

The Timberland Company announced Thursday that two senior managers will be leaving the company and that it would be laying off 50 employees. The firm also reported an 18 percent decline in fourth-quarter profits. According to a company statement, Chief…

DoD certifies N.H. Guard emergency team

The Department of Defense has certified a Concord-based National Guard emergency team, which is equipped with technologies to detect chemical, biological and nuclear weapons. Two teams, dubbed Weapons of Mass Destruction-Civil Support Teams - one based in Concord, the other…

Timberland to introduce workwear line

The Stratham-based Timberland Company has entered into a licensing agreement with workwear manufacturer Block Corporation to produce a new line of apparel, which will be introduced this fall. The new clothing will be part of the Timberland Pro line and…

Effort aims at reducing heavy equipment theft

Keene-based Peerless Insurance is teaming with LoJack Corporation in a joint effort to help construction customers combat job-site crime. Peerless reported that, according to the National Insurance Crime Bureau, or NICB, organized crime rings are the driving force behind an…