New Hampshire Business Review - December 9 2005

While residents along New Hampshire’s Seacoast may see some fluctuation in their insurance premiums in 2006, they need not worry about falling victim to the same skyrocketing reinsurance costs wreaking havoc on Cape Cod, according to state insurance officials. "There…

Centrix Bank stockholders will be getting three shares of stock for the price of two on Feb. 3, the bank announced last week. Shareholders of record of the Manchester-based bank on December 30 will be eligible for the stock split.…

The Timberland Company has completed its acquisition of merino wool sock manufacturer SmartWool, six weeks after it originally announced its plans. The $82 million purchase is expected to extend Timberland’s new brand growth capabilities, driving future growth and shareholder value.…

Superior Court Judge Gary Hicks of Manchester has been nominated by Gov. John Lunch to replace Justice Joseph Nadeau on the state Supreme Court. Nadeau announced his retirement earlier this year. The governor said he would present Hicks’ name at…

Get your holiday greetings and packages out now because if you wait until after the New Year, you’ll have to pay 2 cents more. Starting Jan. 8, the price of a first-class stamp will increase from 37 cents to 39…

Pax World Funds has closed its Pax World Balanced Fund to new investors, it disclosed to the Securities and Exchange Commission at the end of last week. The fund, which was closed Dec. 8, is still open to existing investors,…

Skillsoft said it posted slim gains for the fourth quarter of 2005, which ended Oct. 31, with revenues of $53.9 million -- $300,000 more than $53.6 million of revenue posted in the third quarter of 2005 ended July 31, and…

Standex International Corp. announced Thursday the sale of its Northglenn, Colorado, air distribution manufacturing plant and its Murfreesboro, Tennessee, food-service equipment manufacturing facility to two separate buyers for $3.6 million. The operations of both facilities will be integrated into the…

BAE System’s F-22A Product Improvement Program has taken a step forward with the completion of the first phase of the developmental flight test of its digital electronic warfare system on the U.S. Air Force’s F-22A Raptor. The four-month test of…

Northeast Utilities, parent company of Public Service of New Hampshire, announced on Friday the firm has secured a $700 million revolving line of credit, amending and restating a credit agreement dated December 9. According to filings with the Securities and…