News

Enterasys Networks’ former CEO, Enrique “Henry” Fiallo, said he received a “pretty scary revelation” on July 21, 2001 -- the day before he and his former CFO, Bob Gagalis, were about to go on a road show to talk up…

Low-cost air carrier AirTran Airways wants you to vote for which city it should add to its routes — and Manchester is one of 49 possible locations. The Atlanta-based airline is looking to expand its 50-destination network and is seeking…

Environmental Power Corporation Wednesday reported a net loss for the third quarter. The Portsmouth-based firm said it lost $3.4 million in the third quarter, bringing year-to-date losses to $7.8 million. The loss is in part due to a change in…

While BrandPartners made progress in posting earnings for the third quarter of 2006, the Rochester-based diversified retail environment provider still struggled with several quarters of losses. Revenues were $13.5 million for the quarter ended Sept. 30, compared to revenues of…

Former Enterasys Networks CEO Enrique “Henry” Fiallo told Wall Street that his company would meet expected revenue goals in the first quarter after it spun off from Cabletron Systems in 2001, even though he didn’t think such a target was…

Executives of The Timberland Company are exploring the possibility of selling the business, according to yesterday’s Wall Street Journal, which cited as sources “people familiar with the matter.” The company, valued at $2 billion, has reportedly hired Goldman Sachs to…

The New England economy is expected to experience slow growth, and uncertainty in the housing market could have a significant negative influence in the region, says economist Ross Gittell in his latest regional forecast. But Gittell, a University of New…

Defense lawyers representing former Enterasys Networks executives on trial for securities fraud continued to pound away at the creditability of the government’s first witness on his last day of testimony Tuesday in US District Court in Concord. Attorneys questioned Gary…

Entrepreneur and marketing expert Katie Paine will be the keynote speaker at the premier of The Breakfast Table, an event newly launched by the Women’s Business Center. Paine will speak Dec, 5 at the Hilton Garden Inn in Portsmouth. Her…

TD Banknorth’s mergers and acquisitions as well as restructuring charges drove results down 25 percent for the third quarter of 2006. Net income for the three months ended Sept. 30 was $86.1 million, a $2.6 million decrease from an income…