News

Thermo sees higher earnings

Thermo Fisher Scientific is doing better than expected, according to the first annual guidance issued since Massachusetts-based Thermo Electron acquired the Hampton-based Fisher Scientific. The medical and laboratory products company announced Thursday that it will be raising its guidance for…

Ex-Riverstone execs respond to charges

While the jury in US District Court in Concord on Wednesday was still deliberating the fate of five former Enterasys Networks executives charged with securities fraud, six other executives from its sister Cabletron Systems spinoff company, Riverstone Networks, were responding…

St. Anselm’s bond rating upgraded

Moody’s Investors Service has upgraded Saint Anselm College’s bond rating from Baa1 to A3 — a “significant improvement,” say college officials. In the Moody’s report, the credit rater said the upgrade reflected the college’s “consistent healthy operating performance and growth…

StockerYale nears Nasdaq compliance

StockerYale will soon be back in compliance with Nasdaq rules, the company announced late last week. In November, the Nasdaq exchange warned that it could delist the Salem-based manufacture of photonic products if it didn’t maintain $10 million in stockholders’…

Enterasys jury begins deliberations

As the jury in the securities fraud trial of five former Enterasys Networks executives started to discuss the fate of the defendants late Friday afternoon, they heard a final plea from the attorney for Bob Gagalis, the former chief financial…