News

Presstek President and CEO Edward Marino earned a compensation package of $811,254 last year, according to a filing with the Securities and Exchange Commission. The package included a $450,000 base salary and slightly less than $213,000 in stock options. Moosa…

The Senate Finance Committee voted 5-1 Tuesday to require a the builder of a wood-fired power plant in the Berlin region to enter into a profit-sharing arrangement with ratepayers . The amendment, crafted largely by Senate President Ted Gatsas, R-Manchester,…

A federal bankruptcy court judge Monday approved the sale of virtually all of Foss Manufacturing’s assets to private investors on Monday, clearing the way for the Hampton plant to remain open and the workers to keep their jobs. Alinian Capital…

Sturm, Ruger & Company closed out 2005 with disappointing earnings, finishing the fourth quarter with a loss. For the fourth quarter of 2005, the company reported said it had net sales of $41 million, a net loss of $1.8 million,…

Katie Delahaye Paine, founder of KDPaine & Partners LLC, has been chosen to receive the University of New Hampshire Whittemore School of Business and Economics’ 2006 Entrepreneurial Venture Creation Person of the Year award. The award is given to a…

The J Jill Group yesterday announced that its stockholders have voted to approve the $517 million acquisition of the firm by Talbots. The deal amounts to $24.05 per share. Approximately 66 percent of J. Jill Group shareholders voted at the…

Competitors are lining up to challenge Public Service of New Hampshire in a possible state-refereed bidding war to offer 50 megawatts of wood-fired electricity in Coos County. A management team from Hanover-based New Energy Capital has made several scouting trips…

The purchase by Lucent Technologies of bankrupt Riverstone Networks’ assets is now official. Lucent acquired the Cabletron spinoff’s assets - including 400 employees - on April 27 for $206.6 million, though $10 million will be held in escrow for 120…