New Hampshire Business Review - October 14 2005

Cigna, Kmart team up on Medicare drug plan

Health insurer Cigna has announced a partnership with retailer Kmart to offer Medicare prescription drug plans. Philadelphia-based Cigna Corp. will offer three Medicare Part D plans including a no-deductible plan and a generic drug plan. Plan participants will be able…

New CEO takes helm at White Mountain Insurance

Steven E. Fass has replaced Raymond Barrette as chief executive officer of White Mountain Insurance, the company announced Monday. The Bermuda-based company, whose U.S. headquarters are in Hanover, announced the change following Barrette’s resignation. The company said that Barrette -…

StockerYale regains Nasdaq compliance

StockerYale, the Salem-based fiberoptics manufacturer, learned last week that it is in compliance with Nasdaq rules after its stock price remained over $1 a share for at least 10 consecutive days. The company, whose stock traded below $1 from April…

State wins Simon Gift Card judgment

Gift cards sold by three major malls in New Hampshire are a violation of the state’s Consumer Protection Act, according to a ruling in Merrimack County Superior Court. Judge Kathleen McGuire ruled that the cards sold by Simon Property Group…

Bentley added to ‘Forbes’ list

Bentley Pharmaceutical is the only New Hampshire company named to Forbes magazine’s list of the "Best Small Companies." Bentley, an Exeter-based developer of generic drugs, is a newcomer to the list, ranking 76th. But it’s ranked ninth in earnings-per-share growth…