News

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…

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…

Presstek, a Hudson-based manufacturer of sophisticated digital imaging solutions for the printing industry, posted record consolidated revenues for the second quarter of 2006. The company reported that revenues were $74.2 million for the quarter, up 5 percent from the first…

Wolfeboro-based Community Bank & Trust reported decreased earnings for the second quarter of 2006. For the quarter, which ended June 30, net income was $1.843 million, or 50 cents per diluted share, down 5 percent from $1.951 million, or 53…

Increased quarterly sales of digital solutions were not enough to bridge the widening gap in losses for Nashua-based computerized mammography solutions developer iCAD as its analog business fell off significantly. Net loss for the second quarter of 2006, which ended…

Northway Financial, the Berlin-based parent corporation of Northway Bank, posted a 16 percent drop in net income for the second quarter of 2006. The quarter ended June 30 closed with a net income of $756,000, or 51 cents per basic…

Specialty lifestyle retailer and product development company Brookstone reported net sales of more than $91 million for the second quarter. The $91.3 million results represent a 4.3 percent increase over second-quarter earnings for 2005. Year-to-date net sales of $168 million…

The Timberland Company reported a net loss of $13 million for the second quarter ending June 30. The results compare to a net income of $6.3 million reported for second quarter of 2005. According to Timberland officials, foreign exchange rate…

Wellpoint beat analysts’ expectations for the second quarter of 2006. The health insurer reported an income of $751.2 million, or $1.17 per share, for the quarter, up 34 percent from $559.4 million, or 90 cents per share, in the second…

Anka Jacobs will be stepping down from her post as international training manager for the International Trade Resource Center at the Pease Tradeport on July 31. Beginning in September, Jacobs will be heading up Smuttynose Brewing Co.’s efforts to increase…