New Hampshire Business Review - July 29 2011

The price of crude oil has dipped to its lowest level in eight months, but so far that lower cost hasn't had much of an impact on the price of gasoline at the pumps in the Granite State.The cost of…

U.S. Sens. Jeanne Shaheen and Kelly Ayotte are jointly presenting a Senate Small Business and Entrepreneurship Committee field hearing aimed at helping New Hampshire small-business owners increase their international trade efforts.The event, planned to start at 2 p.m. Thursday, Aug.…

Chris Clement, director of the state Office of Economic Stimulus, has been picked by Gov. John Lynch to head the state Department of Transportation.If confirmed by the Executive Council, Clement will fill the remainder of the term of George Campbell,…

U.S. Sens. Jeanne Shaheen and Kelly Ayotte are jointly presenting a Senate Small Business and Entrepreneurship Committee field hearing aimed at helping New Hampshire small-business owners increase their international trade efforts.The event, planned to start at 2 p.m. Thursday, Aug.…

Shares of GT Advanced Technologies Inc. began trading Monday under the ticker symbol GTAT, rendering GT Solar International and its SOLR ticker symbol to the scrap heap of corporate history. The move recognize how quickly the Merrimack-based company has expanded…

Roy Duddy, interim director of the state Division of Economic Development for the last two years and a fixture at the state Department of Resources and Economic Development for more than decade, has announced plans to step down from his…

Timberland lost $20.1 million or 39 cents a share its second quarter ending July 1, or less than three weeks before its pending merger was announced, according to its earning report released Thursday.The loss was only $3 million less than…

iCAD Inc. losses continue to mount. The Nashua provider of advanced imaging analysis and radiation therapies lost another $5 million in its second quarter ending June 30, or 9 cents a share, compared to almost breaking even (losing $736,000) during…

PC Connection topped a half-billion in sales to pull just short of $7.5 million in net income, or 28 cents a share, in the second quarter ending June 30, the Merrimack company reported Thursday after market close.That's a 7 percent…

Federal grant applications are now being accepted for projects that promote economic development and job growth in New Hampshire's beleaguered North Country. But the Granite state may only get a fifth of the pot.The $1.25 million in federal funds is…