New Hampshire Business Review - October 21 2011

Presstek, Inc.'s stock will be delisted if it doesn't get its stock price up, Nasdaq warned the company last week. But the Hudson-based printing equipment can still be traded on the exchange, at least until April.The company's stock traded below…

Bottomline Technologies reported a net income of $1.7 million (a nickel a share) in the first quarter of the company's fiscal year, which ended on Sept. 30.That's a falloff of nearly $1 million from the $2.7 million net income reported…

The bankrupt Kingsbury Corp. told its workers Monday they might have to wait until the company is sold before they can get paid three weeks' back wages from July.The company was in Bankruptcy Court in Manchester to get approval from…

A group of former FairPoint Communications creditors has filed suit against Verizon Communications, charging that the giant telecom is to blame for FairPoint's bankruptcy and continued financial troubles.The creditors have formed a litigation trust and filed a $2 billion fraudulent…

Patrick C. McHugh, FairPoint Communications' assistant general counsel in northern New England, has been named the company's New Hampshire state president.He succeeds Teresa Rosenberger, who stepped down from the post last month to return to her work at the Devine…

A bill that set out to repeal all of the health insurance mandates passed when Democrats last had control of the New Hampshire Legislature will effectively repeal only one - a mandate that insurers pay for midwives - at least…

As part of a move to expand its New England footprint, Alabama-based Books-A-Million recently opened its first New Hampshire store and will open two more by the end of this week.Books-A-Million had a soft opening of its first Granite State…

FairPoint Communications is taking on the nation's biggest competitive local exchange carrier -- or CLEC -- in federal court, saying it is owed $6.2 million.On Monday, FairPoint's two subsidiaries (Vermont LLC and Northern New England Telephone Operations LLC ) filed…

Hampton-based Unitil Corp. posted a net loss of $1.6 million, or 15 cents a share, in its third quarter, thanks to expensing $2 million in costs due to the ice storm in 2008. But, according to the company's earnings report…

Customers of Daddy's Junky Music whose items were being repaired or who had made deposits on equipment are trying to figure out where they stand now that the New Hampshire-based chain of music equipment stores closed its doors abruptly Wednesday…