New Hampshire Business Review - November 25 2005

Swiss mutual fund buys a chunk of Pennichuck

A European mutual fund that invests in water resources around the world has quietly bought up more than 5 percent of Nashua-based Pennichuck Corporation, according to recent filings with the Securities and Exchange Commission. Pictet (pronounced Pick-tay) Fund’s Global Water…

Curative prepares to declare Chapter 11

Curative Health Services Inc. said Monday it expects to file for Chapter 11 bankruptcy protection as part of an agreement reached with creditors. An ad hoc committee of bondholders, holding approximately 80 percent of the Nashua-based company’s senior notes have…

UNH plans engineering career fair

Employers are being invited to participate in a March 1, 2006, career and internship fair for students in engineering, science and technology programs at the University of New Hampshire. Organized by UNH’s Advising and Career Center, the career fair is…

State agency seeks unemployment tax hike

The state Department of Employment Security wants to raise the unemployment insurance tax by 12.5 percent for the next four years, arguing that if it isn't increased, many employers’ taxes would increase even more. The department -- facing a $6…

Businessman admits tax-avoiodance scheme

The owner of a Hudson trucking company has pleaded guilty to charges relating to a scheme to avoid paying full taxes on his employees’ wages. Robert B. Stalker, owner of Robert’s Dismantling and Recycling Corp. pleaded guilty to conspiracy charges…

J. Jill mulls ways to hike share value

Shares of J. Jill Group Inc., specialty retailer of women’s apparel, rose 4 percent following yesterday’s announcement by the company’s board of directors that it would explore strategic alternatives to enhance shareholder value, including the possible sale of the company.…

StockerYale COO announces retirement

Fiberoptics company StockerYale’s chief operating officer will retire at the end of the year, the firm announced last week. Salem -based StockerYale announced Dec. 1 that Ricardo A. Diaz, who came out of semi-retirement to work the company two years…