News

N.H. ranks 13th on innovation index

New Hampshire ranks 13th in the nation and third in New England for its ability to adapt to the changing economic landscape, according to the 2007 State New Economy Index released by the Ewing Marion Kauffman Foundation and The Information…

White Mountains exec awarded $1.45m bonus

T Michael Miller, chief executive officer of White Mountains Insurance Group-owned OneBeacon, will receive a $1,450,000 bonus, partly for successfully spinning off the former subsidiary last fall with an initial public offering, according to a filing with the Securities and…

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…