News

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…

The Danvers, Mass.-based Ira Motor Group has acquired the AutoFair Toyota and Lexus dealerships of Manchester, along with AutoFair’s facility at 33 Auto Center Road in Manchester. The transaction is expected to close in January 2006. No purchase price was…

The New Hampshire Community Loan Fund is one of four community development finance programs from across the United States honored last week by Wachovia Corporation and National Community Capital Association for their efforts to provide jobs, low-income housing and vitally…

A Hollywood screen star and one of New Hampshire’s best known companies hope to give the boot to the ongoing crisis in the Darfur region of Sudan. "Hotel Rwanda" star Don Cheadle and the Stratham-based The Timberland Company, makers of…

The Littleton Area Chamber of Commerce has unveiled a new marketing campaign and motto: "New Hampshire’s Heaven." Members of the Littleton Area Chamber of Commerce Marketing Committee earlier this week presented their plans for promoting commerce and tourism in the…

A business unit of Fisher Scientific is teaming up with Alcon Incorporated to use RNA research to develop drugs that can be delivered through the eye. Dharmacon, the Colorado based business unit of Fisher Biosciences, itself a unit of the…