News

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…

Workforce housing and lower tuition at four-year and community technical colleges were two of the issues atop the agenda of businesspeople who took part earlier this year in a series of forums sponsored across the state by the Business &…

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…

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 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…

Contracts for future nonresidential construction in New Hampshire rose 3 percent in June, to some $94 million, but future residential contracts declined by 15 percent, to more than $120 million, according to McGraw Hill Construction. The Lexington, Mass.-based firm said…