News
The Vermont Department of Labor announced today the seasonally adjusted unemployment rate for September 2010 was 5.8 percent which is a decrease of two tenths of percent from the previous month’s reported level of 6.0 percent. Compared to a year ago, the September unemployment rate is lower by a full percentage point.
Berkshire Hills Bancorp (Nasdaq: BHLB) reported net income of $3.4 million, or $0.25 per share, in the third quarter of 2010. This was a 78% increase over third quarter 2009 results of $1.9 million, or $0.14 per share, and included the benefit of positive operating leverage from strong revenue growth.
Burlington is one of eight cities serving as a research site for a Phase I clinical trial for people suffering from idiopathic pulmonary fibrosis (IPF), a serious lung disease. The clinical trial will take place at The University of Vermont and patients are actively being recruited.
The College of St. Joseph in Rutland, VT, is pleased to announce that the J. Warren and Lois McClure Foundation, a supporting foundation of the Vermont Community Foundation, has presented the college with a grant for $33,000 to support its STEPS Program.
Dealer.com (www.dealer.com), the global leader in online marketing solutions for auto dealers, today announced that it ranked number 150 on the 2010 Technology Fast 500(TM), Deloitte's ranking of 500 of the fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America.
People's United Financial, Inc today announced net income of $24.1 million, or $0.07 per share, for the third quarter of 2010, compared to $16.0 million, or $0.04 per share, for the second quarter of 2010, and $26.8 million, or $0.08 per share, for the third quarter of 2009.
The State of Vermont’s recent $50 million bond sale to support its annual capital program garnered the lowest interest costs the State has incurred in memory. The State locked in a total interest cost of 2.58 percent over the 20-year life of the bonds, the lowest rate in records dating back to the 1960s.
Vermont Public Service Department Commissioner David O'Brien told an audience at the 90th Annual Meeting of Associated Industries of Vermont in Montpelier Wednesday that Vermont Yankee is safe to operate, that Vermont manufacturers need low-cost power to effectively compete with overseas competition, and closing Vermont's only nuclear power plant would cause extensive transmission problems in t
Southwestern Vermont Regional Cancer Center is one of only 480 locations around the country taking part in a study of a new drug for treating breast cancer. The study, called a clinical trial, will help determine if adding a new drug, bevacizumab, to conventional chemotherapy affects the prognosis of women with a specific type of breast cancer.
Continuing efforts to ensure a clean, low-carbon energy supply, Central Vermont Public Service (NYSE: CV) and Green Mountain Power announced today that they have signed contracts to purchase additional wind power from a New Hampshire wind project. The new contracts will add about 27 megawatts of capacity to the Vermont utilities' portfolios.
A Rutland oral surgeon, Peter B Gray, was arraigned on October 18, 2010, in Vermont Superior Court, Criminal Division, Rutland County on 23 felony counts of Medicaid fraud, announced Attorney General William H. Sorrell.
For the week of October 9, 2010, there were 752 new regular benefit claims for Unemployment Insurance, a decrease of 88 from the week before. Altogether 7,405 new and continuing claims were filed, a decrease of 55 from a week ago and 2,166 fewer than a year earlier.