News

Heat is turned up on StockerYale

Investors suing StockerYale Inc. say that they can produce a witness who will testify that executives distributed a misleading press release, even after being warned that it might be inaccurate. As a result of the April 2004 press release, the…

Curative faces Nasdaq delisting

Nashua-based Curative Health Sciences has received notice that it faces delisting from the Nasdaq stock market unless the aggregate value of its shares reaches $15 million by February 8, 2006. On Nov. 10, the Nasdaq notified the company that unless…

Concord chamber honors McKerley

Forrest McKerley, longtime former president and administrator of McKerley Health Care Centers and McKerley Management Services and founder of Secure Care Products, has been named the 2005 Citizen of the Year by the Greater Concord Chamber of Commerce. McKerley, who…

Pennichuck earnings hit by legal costs

The legal battle over control of Pennichuck Waterworks is not just costing city taxpayers -- it continues to take its toll on Pennichuck shareholders. The Nashua-based Pennichuck Corp. - parent company of the waterworks -- spent $711,000, or 10 cents…

Senate holds up added flood insurance funding

The United States Senate’s decision to postpone approval of an additional $29 billion in credit extensions to cover losses caused by recent hurricanes and flooding has sparked a grassroots movement led by the National Association of Professional Insurance Agents. PIA…

USNH survey seeks business participation

The University System of New Hampshire is teaming up with students at the University of New Hampshire’s Whittemore School of Business and Economics to conduct an online survey that looks into how effectively higher education and business work together and…

Home Builders praise no-licensing decision

The Home Builders and Remodelers Association of New Hampshire are singing the praises of a legislative study committee that has decided not to recommend establishing a system of licensing New Hampshire contractors would be unfeasible. The committee, which reviewed House…

N.H. among states in wire fraud deal

Western Union Financial Services has agreed to post prominent warnings to customers about fraudulent telemarketers that are increasingly requiring consumers to wire money because it is harder to trace, according to an agreement reached Monday with 47 state attorneys general,…

Bentley inks insulin spray deal

Bentley Pharmaceuticals announced Monday that it has signed a licensing agreement to deliver insulin nasal spray products through much of the developing world. The deal involves Biocon Ltd., based in Bangalore, India, which would supply the insulin and market it…