News

The state Department of Health and Human Services has renamed Dallas, Texas-based Affiliated Computer Services to manage the state’s child support payment services. ACS has been providing child support services to New Hampshire since 1998. “We have been extremely pleased…

Sturm, Ruger & Company has put off filing its annual report for 2005 because it says it needs to restate financial statements for the 2004 fiscal year. In a press release, the company said it would delay filing its report…

Riverstone Networks, in the midst of a bankruptcy sale to Lucent Technologies, wants to give out performance bonusesof $1 million and more to the company’s top executives, plus another $5 million in bonuses to key employees, according to filings made…

Pax World Funds, the Portsmouth-based father of socially responsible mutual funds, grew to more than $2 billion last year, a more than 30 percent increase, according to its annual report. Pax World Balanced Fund, the largest of the firm’s three…

The New Hampshire Business Resource Center, in coordination with its trade show partners, Public Service of New Hampshire and Martini Northern Construction Managers, will be attending the Bio2006 World Conference in Chicago next month as part of an effort to…

Ken Nakata, former senior trial attorney in the U.S. Department of Justice, will join HiSoftware in Concord as director of professional services and legal policy. Customer consulting and regulatory Web compliance training to ensure implementation and integration with current customer…

The city built by paper mills got a piece of good news on Friday. Pat McDermott, business development director for Public Service of New Hampshire, confirmed rumors that his utility might build a wood-chip-burning power plant at the site of…

The House voted last week on a number of bills that could affect various industries around the state that were not reported on by major media. Here are some of them: The racing industry After a long debate on the…

Bentley Pharmaceuticals released its year-end earnings last Thursday and net income shot up last week, yet its stock took a nosedive. What’s going on? According to the balance sheet, everything seems rosy with the Exeter-based pharmaceutical company, which specializes in…

Paul A. Perrault, chairman, president and chief executive officer of Chittenden Corporation, parent company of Ocean National Bank, received $1.6 million in compensation last year, according to the annual proxy filed last week with the Securities and Exchange Commission. More…