News
The Mount Family Group Ltd, a Burlington icon since 1982, has transitioned
to its second generation of ownership. James Mount of Colchester and Karen
Mount of Williston have purchased the stock in the company from David and
Frances Mount who have owned the company since 1982. David Mount will
remain with the company as CEO until December and thereafter will serve as
FairPoint submitted supplemental financial information to the Public Service Board last week for its consideration in FairPoint’s still-pending Regulatory Settlement and Change of Control proceeding, the approval of which will allow the company to emerge from Chapter 11.
BURLINGTON--Peter Shumlin and the Vermont Democratic Party today announced that Vice President Joseph Biden will visit Vermont on Monday, November 1 for a daytime rally. No other details about the visit have been finalized. Vice President Biden has been a champion for middle class Americans.
The Vermont Attorney General’s Office filed two civil lawsuits yesterday on behalf of the State of Vermont in Vermont Superior Court, Washington Unit, against the Republican Governor's Association (’RGA’) and Green Mountain Future (’GMF’) seeking enforcement of Vermont’s campaign finance laws.
Merchants Bancshares, Inc. (NASDAQ: MBVT), the parent company of Merchants Bank, today announced net income of $4.50 million and $12.92 million, or diluted earnings per share of $0.73 and $2.10 for the quarter and nine months ended September 30, 2010, respectively.
Governor Jim Douglas announced that Vermont State Parks reported the busiest operating season in 15 years. As the regular season came to a close on Columbus Day, State Park attendance was up 15 percent over 2009 as 836,984 visitors enjoyed Vermont beaches, mountains, campgrounds and trails.
US Senator Patrick Leahy Monday told members of the Friends of Algiers Village and project partners working to reopen the Guilford Country Store that he has secured a $65,000 grant in partnership with the Preservation Trust of Vermont to help with their efforts.
Vermont Energy Investment Corporation, in partnership with Vermont Housing & Conservation Board and Champlain Housing Trust, has received a $350,000 grant from the Doris Duke Charitable Foundation.
A temporary, two-lane bridge has been launched and Route 36 in Fairfield has been reopened. Also, Route 108 through Smugglers' Notch was was reopened Monday. At some point VTrans will will close the roadway for the winter.
The Vermont Public Service Board rejected yesterday the application of David Blittersdorf of AllEarth Renewables (and related NRG companies) to develop in Hinesburg what would be one of the state's largest solar energy facilities.
US Senator Patrick Leahy (D-VT) on Friday toured the State Department’s new Vermont Passport Agency office under construction in St. Albans, as Vermont prepares to join the ranks of fewer than two dozen states with such passport offices. During the visit State Department officials told Leahy that they expect to open the new facility to the public early next year, in February.
KeyCorp (NYSE: KEY), which operates locally as KeyBank Vermont, today announced third
quarter net income from continuing operations attributable to Key common shareholders of
$163 million, or $.19 per common share. These results compare to a net loss from continuing
operations attributable to Key common shareholders of $422 million, or $.50 per common