News

Whether or not Fisher Scientific International's merger with Thermo Electron Corporation is completed as expected Thursday, the company will no longer have a spot on the S&P 500 stock index. That’s because real estate conglomerate CB Richard Ellis is set…

Dennis, a software engineer, won’t be sitting on a jury deciding the fate of five former executives of Cabletron Systems spinoff Enterasys Networks whose securities fraud trial got under way Tuesday in federal District Court in Concord. Dennis, who was…

Individuals thinking of starting their own small business may find the government policies of a number of other states more welcoming than New Hampshire’s, according to the results of a survey conducted by the Small Business and Entrepreneurship Council. The…

Federal prosecutors anticipate that they will spend three weeks presenting their case that former executives of Enterasys Networks “cooked the accounting books.” The executives’ trial in U.S. District Court in Concord starts today. According to trial brief submitted on Friday,…

Presstek has begun reopening a western Massachusetts plant shut down by a chemical spill that caused nearby schools to be closed and the neighborhood to be evacuated, the Hudson-based printing equipment manufacturer announced on Thursday. The spill - which mainly…

A European lawsuit and settlement has cost Bentley Pharmaceuticals more than $10 million, the company announced Thursday. Almost $9 million of the loss was charged in the last quarter, contributing to a net loss of $7.2 million, or 33 cents…

StockerYale posted a net loss of $744,000 in the third quarter, one of the company’s smallest in recent years, the Salem-based photonic products announced on Thursday. The firm took the loss despite sales of $4.5 million in continuing operations, a…

White Mountains Insurance has bounced back from the hurricane-related losses of last year, ending the third quarter with net income of $162 million, compared to a net loss of $66 million in the third quarter of 2005. That brings year-to-date…

Cigna Corp. reported a 15 percent increase in earnings for the third quarter of 2006, citing strong performance in its health-care business segment. Cigna closed the quarter ended Sept. 30 with net income of $298 million, or $2.75 per share,…

StockerYale Inc. will be “doubling the size of the company” by buying British laser company Photonic Products Ltd. for $9.4 million, said StockerYale president Mark Blodgett. The Salem-based provider of photonic-based products will be adding an 11-year-old privately owned company…