Current News
by tim
The Red Hat Society: Red Hats Abound at
Creative Habitat at Ben Franklin
Burlington, VT -- July 19, 2004 Directly in the front door, and to the right, Creative Habitat at Ben Franklin has created a product vignette dedicated solely to the ladies of The Red Hat Society. Founded by a group of women in California, The Red Hat Society celebrates the coming of age for women 50 and over, by wearing fancy red hats and bright purple outfits.
Creative Habitat has "caught the Red Hatitude fever," agreed Mark and Michael Dowling, co-owners. "From straw red hats to purple boa wraps, weve a great selection of fun essential products for the ladies of The Red Hat Society," Mark noted.
by tim
The Lane Press, Inc. announced the availability of the book A Celebration of Vermont Printers 1904 - 2004. Published by Lane Press to recognize Vermont printers and to commemorate its 100th anniversary, the book features interviews of 20 prominent contributors to the states printing industry, a history of printing techniques, and the changing role of technology during this time. Putting ink on paper is one of the central acts of a civilized society, the book begins. For private messages, a pen will do. But for spreading public informationanything from advertising to sacred textsprinting has long been the medium that has joined the individuals in a culture.
How important is printing to the Vermont economy? Today there are 119 commercial printing businesses that employ more than 3,600 people with sales of more than half a billion dollars.
by tim
STORMWATER SEMINAR SERIES SPARKS STATE-WIDE INTEREST
by tim
Fletcher Allen receives high marks in MVP report
by tim
Fletcher Allen Releases Year-to-Date and Second Quarter Financial Results
by tim
BURLINGTON, Vt.-- Champlain College Vice President Lawrence J. Veladota is retiring from the College after 35 years of service. A 1964 Champlain accounting graduate who went on to UVM and then to work as a systems analyst at IBM, Veladota was lured back to Champlain by President Bader Brouilette in the summer of 1969 to bring the Colleges first computer on line. Veladotas posts at Champlain have included director of computer operations, vice president for financial affairs, and vice president of the college. During his tenure he also earned a masters in education at Harvard University, concentrating in educational technology.
by tim
Dr. Heather Jerome of Jerome Family Chiropractic recently received the 120-hour post-graduate certification in the Principles and Practices of Chiropractic Pediatrics through the International Chiropractic Pediatric Association.
The International Chiropractic Pediatric Association is dedicated to advancing awareness of the chiropractic family wellness lifestyle through education, training and research in the care of children & pregnant women, the I.C.P.A. and its members are fulfilling their vision in the world.
by tim
Burton Signs Letter of Intent to Acquire Forum, Special Blend, Jeenyus and
Foursquare Snowboard Brands
by tim
Lyndonville Savings Bank Increases Dividend&Again
LYNDONVILLE, VT-- Charles Bucknam, President of Lyndonville Savings Bank announced that the Bank will pay a dividend of $.12 per share on July 12, 2004 to stockholders of record June 23, 2004. This represents a 9.0% increase in the dividend and the fourth increase in the past year reflecting continued improvement in the banks earnings.
Net income for the six months ended June 30, 2004 (un-audited) amounted to $650,737 compared to $450,314 for the first six months of 2003 representing a 44.0% increase. The annualized return on average assets was 0.89 in the first half of 2004 compared to 0.66 for the same period in 2003.
Total assets were $149,857,012 as of June 30, 2004 compared to $138,606,035 as of June 30, 2003.
by tim
Merchants Bancshares, Inc. Announces 2004 Second Quarter Results
SOUTH BURLINGTON, Vt., July 15 /PRNewswire-FirstCall/ -- Merchants
Bancshares, Inc. (NASDAQ:MBVT), the parent company of Merchants Bank,
today announced net income of $2.84 million, or diluted earnings of 45
cents per share, for the quarter ended June 30, 2004. This compares with
net income of $3.04 million, or diluted earnings per share of 49 cents for
the quarter ended June 30, 2003, and $2.82 million, or diluted earnings
per share of 45 cents for the first quarter of 2004. Total assets grew to
$1.03 billion from $970 million at December 31, 2003. The return on
average assets was 1.15% and the return on average equity was 12.96% for
the second quarter of 2004, compared to 1.39% and 14.38%, respectively,
for the second quarter of 2003. Merchants declared a dividend on July 15,
by tim
VEPC authorizes tax incentives
Brandons Visual Learning and Nexus Approved