News

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…

Former Cabletron Systems Chief Executive Officer Piyush Patel may be called as a witness by attorneys for former executives of the defunct company's largest spinoff, Enterasys Networks, according to the list of potential witnesses for the defense. The list was…

A health club in Wichita, Kan., will become the first franchise location for O’Naturals, the natural and organic fast-casual restaurant founded by the owner of New Hampshire-based yogurt maker Stonyfield Farm. Portland, Maine-based O'Naturals, founded in 2001 and with three…

Wolfeboro-based Community Bank and Trust Company’s earnings shrank in the third quarter, thanks to a sharp rise in the cost of money, according to the bank’s most recent earnings statement. As a result, the bank earned $1.794 million in the…

Scaling a mountain of losses in its retail sector was not enough to give Rock of Ages’ quarterly results much of a lift. The Concord-based granite quarrier posted a retail income profit of $226,000 in the third quarter ended Sept.…

Writing a column five days before an election which will be published four days after the results are known is a tough assignment. Therefore, this will not be about the winners and losers or about predictions that are guaranteed to…

A continued decline in contracts for future residential and nonresidential construction in New Hampshire is tracked in the latest report on the state’s construction industry, although future nonbuilding construction contracts improved in September. According to the report by McGraw Hill…

A jewelry store is suing Concord in federal court, challenging the city’s latest ordinance banning changeable electronic signs, arguing that it is a unconstitutional violation of commercial free speech. In a suit filed Oct. 25, Naser Jewelers Inc. said that…