News
People's United Financial, Inc (Nasdaq: PBCT) today announced net income of $24.9 million, or $0.07 per share, for the fourth quarter of 2009, compared to $26.8 million, or $0.08 per share, for the third quarter of 2009, and $33.7 million, or $0.10 per share, for the fourth quarter of 2008.
The owner of the Brattleboro Reformer, Bennington Banner and more than 50 daily newspapers across the country, including the Denver Post and San Jose Mercury News will file for bankruptcy protection.
The Vermont Department of Labor announced today that it has requested a $58 million advance on a line of credit from the US Treasury to pay unemployment benefits through the end of March 2010. Vermont is currently paying out more than $4 million a week in unemployment benefits and expects to deplete its unemployment trust fund in early February.
The city of Montpelier will receive an $8 million grant for a wood-chip-fueled renewable energy project for the Statehouse and 175 other buildings in Vermont’s capital city. The project will install a combined heat and power district energy system fueled with wood chips harvested locally.
FairPoint Communications has named Michael C. Reed, a 40-year veteran of the telecommunications industry, as Maine State President. In his new role, Reed will be responsible for regulatory matters, governmental relations, and economic development for FairPoint Communications in the Pine Tree State.
KeyCorp (NYSE: KEY) today announced a fourthquarter net loss from continuing operations attributable to Key common shareholders of $258million, or $.30 per common share.
Speaker Smith and Senate President Pro Tem Peter Shumlin, today called on the Vermont Department of Health to conduct onsite independent tests of the water at the Vermont Yankee Nuclear Power Plant. Since the original discovery of tritium was found two weeks ago, the concentrations of the radioactive material have increased from 17,000 to 22,300 picocuries per liter in the first test well.
Union Bankshares,Inc (Nasdaq:UNB) today announced Net Income for the fourth quarter of 2009 was $1.28 million or $0.29 per share compared to $1.34 million or $0.30 per share for 2008. Net income for the year ended December 31, 2009 was $5.23 million or $1.17 per share compared to $5.11 million or $1.14 per share for the same period in 2008.
Earth Turbines, Inc, Vermont's only manufacturer of small scale grid-connected wind and solar tracking systems, announces a corporate name change to AllEarth Renewables, Inc.
Vermont Business Roundtable chair, Bill Stritzler, Managing Director of Smugglers’ Notch Resort, has announced the election of three Vermont CEOs to three-year terms on the Board of Directors. The new directors assumed their roles during the Roundtable’s Annual Membership meeting on January 14, 2010. The new directors include: Leon Berthiaume, General Manager, St.
Weekly unemployment claims fell for the third two consecutive weeks, reversing a trend indicated at the end of 2009. This also follows an end-of-the-year spike in new claims. Initial claims are still higher than last summer, but are now tracking lower than a year ago, both in initial claims and overall claims for unemployment benefits.
Champlain College, Saint Michael’s College and Burlington College have entered into a consortium agreement which will allow students at each institution to register for courses at any of the three colleges for no additional charge.