News

Chittenden earnings rise

Chittenden Corporation, the Vermont-based parent company of Ocean National Bank in New Hampshire , earned a record $83 million in fiscal year 2005, an 11 percent increase, the company announced Thursday. Earnings were $1.77 per diluted share, with some $21.8…

Lake Sunapee parent declares dividend

New Hampshire Thrift Bancshares, the parent corporation of Lake Sunapee Bank, has announced a quarterly cash dividend of 12-1/2 cents per share payable January 31. Through its wholly owned subsidiary Lake Sunapee Bank, a federal stock savings bank, Newport-based New…

Microgy wins Texas deal

A Portsmouth company instrumental in the development of technology used to extract energy from farm animal waste, is once again being tapped by a West Coast natural gas company. Microgy Inc., a wholly owned subsidiary of Environmental Power Corp., has…

Avian flu meeting set in Berlin

The New Hampshire Department of Health and Human Services will hold an avian influenza town hall meeting Wednesday, February 1 at Berlin City Hall. “We know the impact of pandemic influenza would be devastating to both public health and our…

Sovereign wins ‘outstanding’ rating

Sovereign Bank has received an “outstanding” rating from the Office of Thrift Supervision for the second time for its community lending performance, particularly in New Hampshire and its other areas in the Northeast. The rating is based on performance evaluation…

SkillSoft awarded GAO contract

Nashua-based e-learning resources company SkillSoft has been awarded a contract from the Government Accountability Office to provide e-learning content and learning management technology. Under the competitively awarded contract, GAO will license SkillSoft’s online learning tools and management systems. Carol Willett,…

StockerYale adds more info on job cuts

Salem-based StockerYale’s workforce cut could affect the Salem facility, according to a recent filing with the Security and Exchange Commission. The company previously announced that it had planed to cut its workforce by 14 percent, but has thus far failed…

Malden Mills wins new military deal

Malden Mills, which last year faced bankruptcy in the wake of a devastating fire, has been granted a major military contract for the continued development of protective clothing. Malden Mills, based in Lawrence, Mass., with a plant in Hudson, N.H.,…

Enterasys shareholder vote set

Shareholders in Enterasys Networks will get to vote whether to sell their company to private investors on Feb. 14, the company announced on Tuesday. If approved, shareholders will receive a total of $13.92 a share, higher than the $10.27 price…