News

Cigna closes 2Q with mixed results

Health insurer Cigna had some good news and some bad news at the end of the second quarter. Quarterly earnings were down from the previous year’s, with the firm still chasing figures from discontinued operations in the second quarter of…

Comcast begins N.H. Adelphia takeover

The long-awaited takeover by Comcast of the bankrupt Adelphia Communications’ holdings in New Hampshire is finally beginning this week. A total of about 100,000 cable TV and high-speed Internet subscribers in some 50 New Hampshire communities will be affected by…

Grandmaison gets new term at Ex-Im Bank

Joe Grandmaison of New Hampshire, a former member of the Export-Import Bank of the United States, has been sworn in to another term on the panel. Grandmaison, who servied on Ex-Im Bank’s board during the Clinton adminsitration from December 2001…

Diversity conference set for September

“Working with New Hampshire Businesses, Creating Opportunities, Building Bridges and Forging Alliances For a More Diverse New Hampshire” is the theme of the fourth annual New Hampshire Diversity Conference, scheduled for Sept. 19 in Manchester. Put together by the New…

Unitil ends quarter down 6%

A volatile gas market and higher interest pushed Unitil’s earnings down for the second quarter ending June 30. Net income was $1.4 million, or 25 cents per common share, down 6 percent from $1.5 million, or 27 cents per common…

Timberland releases responsibility report

The Timberland Company yesterday released its fourth Corporate Social Responsibility Report, outlining the Stratham-based company’s focus on global human rights, environmental stewardship, community involvement and employee engagement. In a preceding letter, Timberland President and CEO Jeffrey Swartz talks of the…

$1m earmarked for North Country broadband

The Senate Appropriations Committee recently approved a funding measure containing $1 million for an initiative to bring wireless broadband access to New Hampshire’s North Country. The approval, announced by U.S. Senator Judd Gregg, will be used to help design and…

USDA, electric co-op team up on loan fund

A $300,000 USDA Rural Development grant has been granted to the New Hampshire Electric Cooperative to help establish a revolving loan program for economic development projects in communities served by the utility. The Rural Economic Development Grant will be matched…

Stratham-based Vitronics up for sale

Vitronics Soltec, a Stratham-based subsidiary of Dover Corporation, is on the block, the parent company announced Wednesday. According to a letter signed by Vitronics Soltec’s president, Erik Tobiason, the maker of soldering systems and technology has been put for sale…