New Hampshire Business Review - April 14 2006

House OKs trust bill

The New Hampshire House passed the Trust Modernization and Competitiveness Act in a unanimous voice vote Wednesday, approving a measure that supporters say will make New Hampshire the best regulatory environment for wealthy retirees who want to leave flexible nest…

Enterasys announces CEO change

Cabletron Systems spinoff Enterasys Networks is replacing CEO Mark Aslett with Michael Fabiaschi, who once headed Aprisma Management Technologies, another firm hatched from the former New Hampshire-based networking equipment giant. Aslett is leaving the company immediately to “pursue other interests,”…

Northway reports strong quarter

Berlin-headquartered Northway Financial Inc. Wednesday a 31 percent increase in net income for the first quarter ended March 31. The financial holding company reported a net income of $1.08 million, or 72 cents per share, up from $823,000, or 55…

Standex declares dividend

Standex International announced Wednesday a quarterly cash dividend of 21 cents a share to stockholders of record as of May 11. The dividend, the Salem-based conglomerate’s 167th consecutive payout, will be payable May 25. - NHBR STAFF

Purchasing group chooses iCAD for mammography

iCAD Incorporated has signed a two-year agreement with the HealthTrust Purchasing Group to provide preferred pricing on its CAD mammography systems to group members. According to the Nashua-based firm, iCAD’s SecondLook film-based mammographic CAD solutions and the TotalLook system, which…

Ledyard income drops slightly

Ledyard National Bank reported net income of $840,224, or 83 cents a share, for the quarter ended March 31, a slight decrease from the same period a year ago. In 2005, the Norwich, Vt.-based bank that serves the Dartmouth-Lake Sunapee…

J.Jill seeks ‘compassionate’ T-shirt

With its acquisition by Talbots only weeks away, J Jill Group Tuesday announced the May 1 kickoff of its “Nature of Compassion” T-shirt design contest. The women's apparel retailer is inviting would-be artists to submit their own nature-inspired T-shirt designs…

Health insurance bill up for vote

The New Hampshire House is expected to pass a bill this week that would require that health insurers of businesses with fewer than 50 employees use a standard underwriting form and provide various disclosures so businesses can better compare rates.…