News

The New Hampshire Electric Cooperative taken another step in plans to realign its divisional operating structure. The latest move involves creation of a new Member Solution Division, a merger of the former Public & Member Relations and Energy Solutions units.…

PC Connection of Merrimack has acquired the assets of Manchester-based information technology firm Amherst Technologies LLC for $7.75 million. The deal includes all customer relationships and related intangibles, intellectual property, and furniture, fixtures and equipment for $7,751,000. "The purchase of…

From improving that golf swing to repairing an old sports injury, a Manchester- based biokinetics company is one step closer to completing the development of new technology that will benefit athletic trainers, rehabilitation professionals and their clients since receiving Series…

Bottomline Technologies Inc.’s top two executives received nearly 30 percent more in total compensation in fiscal year 2005 from the previous year, according to a proxy statement filed Oct. 20 with the Securities and Exchange Commission. The Portsmouth company, which…

TD Banknorth, owner of the former Bank of New Hampshire, reported on Monday that its quarterly profit fell 9 percent, in part reflecting costs related to a majority stake in the New England banking company by Canada's Toronto-Dominion Bank. Net…

Centrix tops $250m in assets Centrix Bank official opened its permanent full-service branch in Portsmouth on Monday ) with some pretty good news: The bank announced last week that it reached a quarter of a billion dollars in assets. That’s…

MetroCast Cablevision has selected Cedar Point Communications of Derry as the switching vendor for the delivery of voice-over-IP cable telephony services to its 110,000 subscribers in New Hampshire, Maine, Maryland, Pennsylvania and Virginia. The initial launch of Cedar Point’s integrated…

Chittenden Corporation, parent company of Ocean National Bank, reported a solid third quarter on Oct. 20 and announced it will be buying back about 2 percent of its shares because it has enough capital. The bank holding company said it…

Eric Pillmore, senior vice president of corporate governance at Tyco International, will be the next speaker in the University of New Hampshire’s CEO Forum. Pillmore, who will speak as part of a program that begins at 8 a.m. Thursday, Nov.…

Sturm, Ruger & Company Inc. will not issue a quarterly dividend on its common stock in the fourth quarter of 2005, the company announced Oct. 20. Company Chairman William B. Ruger Jr. said the company’s earnings "do not support a…