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Brian Murphy named president of Dinse Knapp

Mon, 04/26/2010 - 6:33am -- Hunter

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 reports big gain in first quarter

Mon, 04/26/2010 - 6:31am -- tim

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.

Vermont's high cost of housing highlighted in new housing affordability report

Mon, 04/26/2010 - 4:14am -- tim

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.

Chittenden Bank parent names John Barnes new interim CEO

Mon, 04/26/2010 - 4:00am -- Hunter

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.

Vermont Yankee shuts down for scheduled refueling

Mon, 04/26/2010 - 3:42am -- Hunter

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.

Vermont artist Gridley commissioned to paint official portrait of Governor Douglas

Fri, 04/23/2010 - 4:04pm -- tim

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.

US Secretary of Veterans Affairs Eric Shinseki will deliver UVM commencement address

Fri, 04/23/2010 - 3:57pm -- tim

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.

Governor Douglas criticizes Senate vote on tax increase

Fri, 04/23/2010 - 3:35pm -- tim

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:

Dealer.com Reveals Plans for Vermont Growth, Adding 200 New Jobs Before 2012

Fri, 04/23/2010 - 11:20am -- admin

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.

Vermont launches renewable energy atlas

Thu, 04/22/2010 - 8:29am -- tim

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.

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