Chittenden Corporation, the Vermont-based parent company of Ocean National Bank, released its third-quarter report Wednesday. The bank’s net income of $21.7 million, or 47 cents a diluted share, was slightly higher than in the third quarter of 2005. That brings…
State Liquor Commissioner John Byrne has won Market Watch magazine’s 2006 Best Merchandising Award for his work in upgrading the agency’s marketing efforts. Market Watch, a beverage industry trade publication, presented the award in Washington, D.C., to Byrne, who credited…
Jaffrey-based New England Wood Pellet LLC has begun construction of its wood pellet manufacturing plant in New York state. At 100,000 tons per year of wood pellet production, the plant in Schuyler, N.Y., will be the largest wood pellet manufacturing…
A seminar examining state and federal water policy, permitting and legislation is planned for November in Concord. Presented by the Business & Industry Association of New Hampshire and the New Hampshire Department, the 2006 New Hampshire Water Seminar focus on…
The New Hampshire Preservation Alliance has announced its first “Seven to Save” list of the Granite State’s most endangered historic properties. The 2006 Seven to Save are: • Great Stone Dwelling (1837), Enfield • Stone Arched Bridge (1847), Keene •…
Former Cabletron Systems Chief Executive Officer Piyush Patel has reached a deal over legal fees with the bankrupt estate of the company’s spinoff, Riverstone Networks. According to papers filed in federal bankruptcy court in Delaware on Tuesday, Patel’s attorneys can…
Portsmouth-based Bottomline Technologies has acquired FormScape Group for $22 million. The financial software company, with offices in three countries, counts Wal-Mart as one of its customers, Bottomline announced on Monday. FormScape has offices in the United States, United Kingdom and…
One of the nation’s largest insurance companies has entered into an agreement with one of the world’s largest technology firms. Connecticut General Life Insurance Co., a wholly owned subsidiary of Cigna Corp. of Philadelphia, Pa., has signed a contract worth…
The Securities and Exchange Commission has charged six former officials of Cabletron Systems and Riverstone Networks with securities fraud, the federal agency announced Monday. In a civil complaint filed Friday, the SEC charged that Romulus Pereira, Riverstone’s first CEO, and…
Rep. James Martin would seem an unlikely candidate to have what can be viewed as the most pro-business record among the state’s legislators. Martin, a first time representative from Brookfield, is a former lawyer from California, where he mainly represented…
