News

Enterasys Networks is no longer a public company. A group of private investors Wednesday afternoon completed the previously announced purchase of the firm for $13.92 a share, about an eighth of the stock’s value at the time of its spinoff…

Bentley Pharmaceuticals announced Monday that its European subsidiaries have received a dozen approvals to market a number of generic drugs used to combat depression, cholesterol and enlarged prostate glands. The Exeter-based firm said its approval to market Citalopram, the generic…

The University of New Hampshire’s 2006 Iddles Lecture will feature an alumnus who leads Pfizer’s worldwide drug research efforts. John L. LaMattina, who earned a Ph.D. in chemistry from UNH in 1975, is now a senior vice president at Pfizer…

White Mountains Insurance Group has declared a $2 quarterly dividend payable in cash on March 2 for holders of record as of March 13. In addition, the Bermuda-based company - whose U.S. headquarters is in Hanover - announced that Frank…

The University of New Hampshire and Dartmouth College have each received Geospace Science Program grants from NASA’s Science Mission Directorate. Maximum grant value for UNH is $169,788, while Dartmouth’s is $399,512, according to NASA. Both were awarded in recognition of…

A bankruptcy court judge on February 23 ordered that Riverstone Networks hold a long overdue shareholder meeting March 7 in New York City -- a meeting that could delay or even prevent the planned sale of the company’s assets to…

James E. Service, a retired Navy vice admiral, has been named chairman of board of Sturm, Ruger & Company. Service, a member of the board since 1992, succeeds William Ruger Jr., who stepped down earlier this month as chief executive…

Centrix Bank posted net income of $2,200,000 for 2005, or 75 cents per diluted share -- more than 50 percent over the previous year. Some $717,000 of that income came in the last quarter of the year -- 38 percent…

North Country officials late Tuesday packed a Senate hearing on a bill to let towns bond their own wireless or cable network to provide high-speed Internet service. House Bill 653 lets towns pay off the notes either with user fees…

Lawyers for former Enterasys Networks executives on trial for securities fraud are asking that the March 7 trial be postponed because federal prosecutors are interfering with the defense by instructing Enterasys not to pay the defendants’ legal costs and preventing…