News

CB Richard Ellis earnings up for 2005

For commercial real estate services giant CB Richard Ellis Group, 2005 proved to be a profitable year, according to a recent fourth quarter release. Full-year 2005 revenue was up 23 percent to $2.9 billion with diluted earnings per share of…

Timken misses 4Q expectations

The Timken Company, a manufacturer of precision bearings, alloys and related products, with a plant in Lebanon, announced record sales for 2005. Sales were $5.2 billion, up 15 percent from last year, due in large part to a number of…

Lynch picks Bald for DRED post

Less than a day after announcing the decision by Department of Resources and Economic Development Commissioner Sean O’Kane to step down from the job in March, Gov. John Lynch said he has found a successor - the man O’Kane replaced…

Northway Financial 4Q income plummets

Northway Financial, a bank holding company based in Berlin, announced fourth-quarter income of $69,000, or 5 cents per basic share, compared to $934,000, or 62 cents per basic share, for the same quarter a year ago. William J. Woodward, president…

O’Kane to step down as DRED chief

New Hampshire Resources and Economic Development Commissioner Sean O'Kane, on the job since 2004, has decided not to seek reappointment to the job. Gov. John Lynch's office announced Tuesday that O'Kane will not seek reappointment when his term expires at…

Bottomline, Ecora receive patents

Two Portsmouth-based businesses have been awarded patents by the Patent and Trademark Office. Bottomline Technologies, maker of payment and invoice automation software and provider of financial security and efficiency processes, has received a patent for its payables automation technology, which…

Salem firm brings biometrics home

A Salem-based company has succeeded in making biometric technology accessible at the consumer level. Tychi Systems Inc. has announced its first shipment of BioKnob, the first doorknob with fingerprint recognition available on the consumer market and the debut item of…