News
North American design firm Stantec, with headquarters in Edmonton, AB, and offices in Vermont, has announced second quarter 2009 results today with gross revenue increasing 13.0% to C$388.1 million and net revenue increasing 10.1% to C$318.1 million compared to the second quarter of 2008. Net income for the quarter was C$22.3 million, and diluted earnings per share were C$0.49.
FairPoint Communications, Inc. (NYSE: FRP, FRP.BC) announced Wednesday its financial results for the three and six months ended June 30, 2009. Net income for the quarter showed a $17.8 million loss, or 20 cents per diluted share. For the first six months, net income showed a loss of $26,595 or 30 cents per diluted share.
For the Week of 08/01/2009. There were 785 new regular benefit claims for Unemployment Insurance last week, a decrease of 45 from the week before. Altogether 12,752 new and continuing claims were filed, 324 fewer than a week ago and 5,423 more than a year earlier.
United Cerebral Palsy (UCP) released today the 2009 Case for Inclusion Report (www.ucp.org/medicaid), ranking all 50 states and the District of Columbia for the Medicaid services they provide to their Mental Retardation/Developmental Disability populations.
The Douglas Administration announced Wednesday afternoon a proposal to reduce state worker costs by $7.4 million. The proposal sent to the Legislature does not include layoffs, but indicates that layoffs (a reduction in force or RIF) remains a possibility if an agreement is not reached by mid-September.
Governor Jim Douglas announced today that 42 Vermont arts organizations have been awarded funding totaling $606,000 through the American Recovery and Reinvestment Act (ARRA). These grants will help preserve jobs in Vermont s nonprofit arts sector that have been threatened by declines in philanthropic and other support during the current economic downturn.
U.S. Senator Patrick Leahy (D-Vt.) Wednesday announced that the Pentagon has increased the order for troop vehicles built in part by Bennington-based Plasan North America, creating additional jobs in the area.
The Senate today voted 60 to 37 for an amendment by Sen. Bernie Sanders (I-Vt.) to provide an extra $350 million for milk price supports to increase government purchases of surplus dairy products.
delSECUR CORPORATION, a Nevada Corporation based in South Burlington, Vermont (Pink Sheets: DLSC) announced today that its Board of Directors has accepted, subject to the approval of the majority of the shareholders entitled to vote, an agreement to purchase the Intellectual Property Assets of delSECUR CORPORATION.
Marble Valley Regional Transit District (The Bus) and Stagecoach Transportation Services Inc. (STSI) of Randolph, Vermont are working in partnership to create a new public transportation route that will reestablish scheduled bus service between Rutland and White River Junction. In 2008, Vermont Transit discontinued scheduled service between Rutland and White River Junction.
The State Alliance for e-Health (The Alliance) will meet for its semi-annual conference. Key topics are scheduled to include implementation of the Health Information Technology for the Economic and Clinical Health (HITECH) Act, which is part of the Recovery Act of 2009, as well as quality improvement and health reform.
On August 3, 2009, the Central Vermont Public Service Corporation (NYSE: CV) Board of Directors approved the following resolutions for the issuance of common and preferred stock dividends. CVPS also announced that its second quarter earnings report will be released August 7.