News
People’s United Financial, Inc. (NASDAQ: PBCT) and Danvers Bancorp, Inc. (NASDAQ: DNBK) today announced updated information on the deadline for Danvers stockholders to make elections regarding the form of merger consideration to be received in connection with the pending merger of Danvers with and into People’s United.
The Lake Champlain Bridge Community (LCBC), the grassroots group responsible for planning the Grand Reopening Celebration, has chosen the weekend of October 15-16, 2011 as the dates for the celebration. The Lake Champlain Bridge is scheduled to reopen on Sunday, October 9, 2011 according to Vermont and New York transportation officials.
For the third straight year, Chroma Technology, a growing employee-owned company in Rockingham, has made WorldBlu's global "List of Most Democratic Workplaces."
"We don't use organizational democracy as a tool," said Chroma cofounder and president Paul Millman. "It is who we are."
Two of Vermont’s leading public policy organizations today released a set of new comprehensive tools that will help communities deal with the pressing issues regarding the state's energy future.
by Anne Galloway, www.vtdigger.org May 7, 2011 The gavel fell late Friday afternoon ‘ a week ahead of schedule ‘ on what Governor Peter Shumlin called ‘the most successful session that I have witnessed.’
The Commissioner of the Vermont Department of Banking, Insurance, Securities and Health Care Administration is warning Vermonters to watch out for fraudulent companies and individuals claiming to be health insurers or agents of health insurers who take the money of unwary consumers but do not pay claims.
Berkshire Hills Bancorp, Inc. (NASDAQ: BHLB) held its annual meeting of shareholders on May 5 in Pittsfield, Massachusetts. President and CEO Michael P Daly reported on Berkshire's recent accomplishments and outlook. He discussed Berkshire's plans to increase core earnings per share by 40-50% in 2011, and noted a 25% increase in core earnings in the most recent quarter.
Central Vermont Public Service Corporation (NYSE: CV) reported May 5 that its consolidated earnings for the first three months of 2011 were $8.4 million, or 62 cents per diluted share of common stock. This compares to consolidated earnings of $4.2 million, or 35 cents per diluted share of common stock for the first three months of 2010.
Four Vermont public schools will join more than a dozen schools located throughout New England to test a new financial fluency program that teaches financial concepts within a math-based curriculum. The aim is to help educators develop new approaches to offering students instruction in personal finance.
Vermont Attorney General William H. Sorrell and 49 other state attorneys general have settled allegations of unfair debt collection practices involving consumer accounts at the now-bankrupt Movie Gallery, Inc., also known as Hollywood Video, a video rental chain that once had six outlets and over 27,000 members in Vermont.
Representative Peter Welch, along with Rep. Bill Owens (D-N.Y.), introduced legislation this week to help dairy farmers meet their labor needs. The H-2A Improvement Act of 2011 (H.R. 1720) would allow dairy farmers access to the H-2A visa program, which other sectors of agriculture currently use to hire foreign workers.
Vermont economic development leader and good friend Al Moulton died last Sunday. He was famous to many of us for his helping hand in job creation and politics. For those of us who called him friend and really hardly knew him beyond a professional relationship, he embodied what we all hope to do: leave the world a better place than we found it.