News

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…

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.…