News

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…

White Mountains reports $706m ’06 income

A whole year without disastrous hurricanes sure helps improve an insurance company’s bottom line. White Mountains Insurance announced Friday that it earned more than $706 million last year in comprehensive net income (or $62.32 a diluted share), with half of…

China seminar at UNH

A seminar on “Doing Business in China: An Entrepreneurial Perspective” will be presented later this week as part of the Holloway Seminars on Entrepreneurship at the University of New Hampshire. Presented by the Whittemore School of Business and Economics at…