News

iCAD’s losses widen

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 closes 2Q down 16 percent

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…

2Q net sales up for Brookstone

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…

Timberland reports loss

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…

Jacobs to leave trade center post

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…

Fisher posts record second quarter

On the heels of announcing a planned merger with Thermo Electron Corporation Hampton-based Fisher Scientific recorded record sales and earnings for the second quarter of 2006. Sales for the quarter ending June 30, 2006, were $1.47 billion, an increase of…

Londonderry firm to pay enviro fine

AlCuMet, a Londonderry-based maker of investment, permanent mold and rapid prototype castings, has agreed to pay $32,000 to the state of New Hampshire to settle charges that the firm violated the state’s Air Pollution Control Act, Air Toxic Control Act…

Unitil cuts rates for large Mass. firms

Unitil Corporation announced yesterday that it has filed with the Massachusetts Department of Telecommunications and Energy for rate decreases for large business customers in the Bay State. The Hampton, N.H.-based utility holding company says rates are expected to drop by…