New Hampshire Business Review - February 3 2006

Fisher reports strong '05 results

Fisher Scientific International Inc. finished a strong year with a strong quarter. In both cases, the company doubled its profit from the previous year, the company announced at the close of markets on Tuesday. The Hampton-based company also projects revenue…

Cigna 4Q income plummets

With one-time gains from the sale of its retirement benefits division leveling off, Cigna's fourth-quarter earnings fell nearly 60 percent. For the quarter ended Dec. 31, 2005, net income totaled $224 million, or $1.78 per share, compared with $558 million,…

Claiborne to cut stores, 500 jobs

Just a day after public announcement was made that Liz Claiborne lost out on its bid to purchase women’s apparel retailer J.Jill Group, Liz Claiborne announced it will eliminate 500 jobs and close nearly two dozen stores as a part…

PSU forms Center for Rural Partnerships

The Center for Rural Partnerships, an organization aimed at connecting the needs and goals of rural communities with academic research and resources, has been established at Plymouth State University. PSU President Donald Wharton said the center will work on a…

Bill would delay PSNH divestiture

The New Hampshire Senate Energy Committee voted 4-0 Tuesday to back a House bill that delays until at least June 30, 2008, the long-deferred sale of Public Service of New Hampshire’s power-generating facilities. Current law would force divestiture of the…

Ex-American Tissue CEO seeks leniency

As their client awaits sentencing for his role in a $300 million fraud that bankrupted American Tissue Incorporated, lawyers for former CEO Mehdi Gabayzadeh say they plan to ask for lighter punishment because they say he is rapidly losing weight…

Learn Italian, Olympics-style

A Nashua-based creator of language-learning software has introduced a way to ensure that viewers’ enjoyment of the 2006 Winter Olympics is not hindered by a language barrier. Transparent Language has made it possible for winter sports enthusiasts to download -…