New Hampshire Business Review - November 11 2005

Building 19 returning to Manchester

The retail business that bills itself as "America’s laziest and messiest department store" will once again open its doors in Manchester following a nine-year hiatus. Building #19 Inc., a surplus and salvage retailer will celebrate the grand opening of Building…

EPG sets price for stock offering

Environmental Power Corp. of Portsmouth on Wednesday said it will sell 2 million shares of its common stock at $7 per share in a public offering. MDB Capital Group LLC, the underwriter of the offering, will have a 30-day option…

Heat is turned up on StockerYale

Investors suing StockerYale Inc. say that they can produce a witness who will testify that executives distributed a misleading press release, even after being warned that it might be inaccurate. As a result of the April 2004 press release, the…

Curative faces Nasdaq delisting

Nashua-based Curative Health Sciences has received notice that it faces delisting from the Nasdaq stock market unless the aggregate value of its shares reaches $15 million by February 8, 2006. On Nov. 10, the Nasdaq notified the company that unless…

Concord chamber honors McKerley

Forrest McKerley, longtime former president and administrator of McKerley Health Care Centers and McKerley Management Services and founder of Secure Care Products, has been named the 2005 Citizen of the Year by the Greater Concord Chamber of Commerce. McKerley, who…

Pennichuck earnings hit by legal costs

The legal battle over control of Pennichuck Waterworks is not just costing city taxpayers -- it continues to take its toll on Pennichuck shareholders. The Nashua-based Pennichuck Corp. - parent company of the waterworks -- spent $711,000, or 10 cents…

Senate holds up added flood insurance funding

The United States Senate’s decision to postpone approval of an additional $29 billion in credit extensions to cover losses caused by recent hurricanes and flooding has sparked a grassroots movement led by the National Association of Professional Insurance Agents. PIA…

Micronetics reports giant earnings hike

Micronetics yesterday reported a huge jump in earnings, thanks both to a recent acquisition and a healthy climb in sales of its microwave products. The Hudson-based company reported that net earnings increased 102 percent, to $615,001 - or 14 cents…

USNH survey seeks business participation

The University System of New Hampshire is teaming up with students at the University of New Hampshire’s Whittemore School of Business and Economics to conduct an online survey that looks into how effectively higher education and business work together and…