News

Keene-based C&S Wholesale Grocers has been sued by a group of warehouse employees who charge that they have been cheated out of millions of dollars a week in wages. Four C&S employees have filed a nationwide class action suit in…

Talbots announced Wednesday that the waiting period under federal antitrust law governing its proposed purchase of women’s retailer J Jill Group has expired and the deal is likely to close in early May. The $517 million deal, scheduled to go…

One New Hampshire company is listed on the Fortune 500 for 2006 and two others are listed among the Fortune 1000. The magazine listed Hampton-based Fisher Scientific International at 386, up from 414 in 2005. The Timberland Company of Stratham…

StockerYale’s revenues will increase in the first quarter of 2006, according to a statement issued Wednesday by the firm, but it won’t say whether it made any money until it releases its financial results on April 17. The company indicated…

Nashua Corporation has sold its toner and developer assets to Katun Corporation of Minneapolis, a supplier of OEM office equipment, for an undisclosed price. “The acquisition of these assets will enable us to expand our portfolio of products worldwide,” said…

A proposed bill to give property and casualty insurance firms a $40 million tax break over five years hit a snag in its Senate committee hearing Tuesday. House Bill 678 would cut the tax rate paid by the insurers from…

Citizens Bank has unveiled a second “Citizens Job Bank,” extending a program designed to spur the creation of new jobs in New England. The new program will establish a $150 million below-market-rate loan fund that the banks says will create…

Hudson-based Presstek will be rolling out two new products today at a printing convention in England. The first will be the Presstek Anthem Pro, a new generation of chemical-free thermally imaged digital plate. In addition to only requiring a water…

StockerYale was unable to meet its loan obligations to the National Bank of Canada, according the company’s annual statement filed March 31 with the Securities and Exchange Commission. Although the Salem-based provider of photonics-based products was able to refinance the…

If the bankrupt Riverstone Networks closes its $207 million sale to Lucent Technologies, as expected sometime this week, it could not come soon enough for shareholders, many of whom are from New Hampshire and have been holding on to the…