Related Company: Dinse, Knapp & McAndrew, PCDinse, Knapp & McAndrew announced today that Brian Murphy has been elected as its President and Managing Partner to succeed Spencer Knapp, who stepped down after serving in that position since 1993. Knapp will remain as counsel to the firm, while serving as Senior Vice President and General Counsel of Fletcher Allen Health Care.
Ledyard Financial Group, Inc (ticker symbol LFGP), the holding company for Ledyard National Bank, reported net income for the quarter ended March 31, 2010 of $666,593, or $0.65 per share compared to $433,578 or $0.42 per share for the same period in 2009, an increase of $233,015 or 53.74%. Our total revenue for the three months ended March 31, 2010 was $4.9 million, compared to $4.8 million for the same period in 2009. Net Interest Income for the three months ended March 31, 2010 was $3,095,172, compared to $3,201,076 for the same period in 2009.
Average retail gasoline prices in Vermont have fallen 2.1 cents per gallon in the past week, averaging $2.89/g today. This compares with the national average that has stayed flat, moving just 1.2 cents per gallon in the last week to $2.85/g, according to gasoline price website VermontGasPrices.com.
Vermonters who rent live in the fifteenth least affordable state in the nation, according to a new report jointly released by the National Low Income Housing Coalition (NLIHC), a Washington, DC-based housing advocacy group, and the Vermont Affordable Housing Coalition.
For Vermont’s renters, the news isn’t good. Rural Vermont ranks in the top 10 most expensive rural areas in the nation. Vermont’s "Housing Wage" has risen to $17.70 per hour, or $36,812 per year. This represents an increase of 54% since 2000. The national Housing Wage is $18.44 in 2010.
Related Company: People's United BankPeople's United Financial Inc., (Nasdaq: PBCT), a diversified financial services company and parent company of Chittenden Bank, today announced that John P. (Jack) Barnes, the Company's Senior Executive Vice President and Chief Administrative Officer, has been named interim President and Chief Executive Officer. He succeeds Philip R. Sherringham, who has resigned by mutual agreement with the Board of Directors from the Company and the Board.
Related Company: Entergy Nuclear Vermont Yankee LLCThe Vermont Yankee nuclear plant began its 28th refueling outage as operators disconnected the plant from the New England electrical grid on Saturday night. In the now-completed operating cycle, the plant produced electricity around the clock for 532 days since returning to service from its last refueling outage in 2008, safely and reliably providing electricity to New England consumers.
Governor Jim Douglas today announced that Vermont artist Kate Gridley has been commissioned to paint his official portrait, which will eventually hang in the State House. Working with Vermont State Curator David Schütz, the Governor asked a number of Vermont artists to submit proposals and samples of their work. Governor Douglas eventually selected Ms. Gridley.
Related Company: University of VermontUnited States Secretary of Veterans Affairs Eric K. Shinseki will deliver the address to graduates at the University of Vermont’s 2010 commencement ceremony on Sunday, May 23. Secretary Shinseki will also receive an honorary doctor of laws degree at the ceremony.
Related Company: IBMDealer.comGovernor Douglas criticized senators who today voted to follow the lead of the House and pass a harmful tax increase on manufacturers, farmers, contractors and others by not extending the pass through domestic production deduction as expected. The domestic production deduction is meant to protect and grow domestic manufacturing and other productive activities. An amendment to prevent the tax increase failed by a vote of 17 to 12 on the Senate floor this afternoon.
Governor Douglas issued the following statement opposing the tax increase:
The Renewable Energy Atlas of Vermont, built on ESRI's ArcGIS technology, was launched on Earth Day, April 22, 2010. Web site visitors can identify, visualize, and analyze data about existing and promising renewable energy projects for Vermont's towns and counties.
Related Company: Dealer.comBURLINGTON, Vt., April 23 /PRNewswire/ -- Dealer.com (http://www.Dealer.com), the global leader of online marketing solutions for auto dealers, chose Earth Week to reveal plans for the growth of its digital marketing operation in Vermont. The announcement was made by Mark Bonfigli, Founder and CEO of Dealer.com, at a press conference April 23, 2010 at the company's headquarters, a LEED-certified building that houses an un-matched corporate culture dedicated to the health and wellness of its employees.
The Vermont Sustainable Jobs Fund (VSJF) is excited to celebrate Earth Day with the launch of the Renewable Energy Atlas of Vermont, a state-of-the-art GIS-based web application that identifies, analyzes, and visualizes existing and promising locations for renewable energy projects.
The Atlas is the first tool of its kind in the United States to enable users to choose their town or county and then select from a suite of renewable energy options including biomass, efficiency, geothermal, hydroelectric, solar, and wind.