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Ledyard Financial Group reports record quarterly earnings

Tue, 04/28/2015 - 11:52am -- tim

Ledyard Financial Group, Inc (ticker symbol LFGP), the holding company for Ledyard National Bank, has reported record quarterly earnings for the first quarter of 2015. Net income for the quarter ended March 31, 2015, was $1,119,680 or $1.10 per share compared to $938,305 or $0.93 per share for the same period in 2014, an increase of $181,375 or 19 percent. 

Honeywell and NASA bring Hip-Hop Physics Educational Series to middle schools In Vermont

Tue, 04/28/2015 - 10:47am -- tim

Honeywell (NYSE: HON) and NASA's award-winning, hip-hop physics education program, FMA Live! Forces in Motion, is making its way to Northeastern US middle schools this spring. Aiming to inspire students to learn and enjoy math and science in a compelling, fun and memorable way, the popular show is in high demand, having been performed before 400,000 students in all 48 contiguous US states, as well as in Mexico and Canada, since its creation in 2004.

Merchants Bancshares reports details of NUVO Bank & Trust Company acquisition for $21.8 million

Tue, 04/28/2015 - 9:49am -- tim

Merchants Bancshares, Inc (NASDAQ: MBVT), the parent company of Merchants Bank, and NUVO Bank & Trust Company have revealed details of the acquisition terms first reported on Monday. The banking companies have jointly announced the signing of a definitive agreement pursuant to which Merchants Bancshares, Inc will acquire NUVO Bank & Trust Company for approximately $21.8 million in stock and cash, which represents $7.15 per share.  

Berkshire Hills reports increase in Q1 core EPS, dividend declared

Tue, 04/28/2015 - 9:41am -- tim

The parent company of Berkshire Bank, Berkshire Hills Bancorp, Inc (NYSE: BHLB), has reported $0.50 in core earnings per share in the first quarter of 2015, which was a 19% increase over first quarter results in the prior year. Profit growth has been due to higher revenues from continued business momentum.   First quarter core EPS increased by 4% from $0.48 in the fourth quarter of 2014.  GAAP EPS totaled $0.35 per share in the most recent quarter compared to $0.46 in the linked quarter.  Earnings in both periods were impacted by non-core charges related primarily to growth and restructurin

Brattleboro Memorial Hospital wins two healthcare advertising awards

Tue, 04/28/2015 - 7:49am -- tim

Brattleboro Memorial Hospital and Jennings has been recognized by the 32nd Annual Healthcare Advertising Awards with a Gold and Silver Award in recognition of the hospital’s Emergency Department “Rapid Care” campaign.  With nearly 3,500 entries, the Healthcare Advertising Awards, sponsored by the Healthcare Marketing Report (HMR), is the oldest, largest and most widely respected advertising awards competition in the country and one of the ten largest of all advertising awards.

Cancer Patient Support Foundation names Sarah Lemnah executive director

Tue, 04/28/2015 - 4:08am -- tim

After an extensive search committee process, Bobbe Maynes, the President of the Board of Directors of the Cancer Patient Support Foundation, (CPS) announced that Sarah Lemnah, of St. Albans, was named the first executive director. CPS has been providing services and support to cancer patients and their families in Vermont and northern New York for over 14 years.

Health Department to debut new WIC card in Rutland

Tue, 04/28/2015 - 3:30am -- tim

Vermont was first in the nation to deliver supplemental food to young families through the Health Department's WIC (Women, Infants & Children) program, and for years was last in the nation to keep making home deliveries. Beginning in July in Rutland, WIC families will choose their foods at major supermarkets and smaller grocery stores using a new, gold WIC debit card. Between October 2015 and March 2016 the WIC card will roll out to families statewide.

Vermont Federal Credit Union receives Governor’s Excellence in Worksite Wellness award

Tue, 04/28/2015 - 3:17am -- tim

Vermont Federal Credit Union was recently honored with a Governor’s Excellence in Worksite Wellness Award. In recognition of their efforts to promote the health and wellness of employees over the past year, Vermont Federal Credit Union received a Governor’s Excellence in Worksite Wellness award. The award was presented at the 2015 Worksite Wellness conference at the Sheraton Hotel & Conference Center in Burlington.

Merchants Bancshares announces dividend and Q1 2015 results, acquisition of Mass bank

Mon, 04/27/2015 - 4:54pm -- tim

Merchants Bancshares, Inc (NASDAQ:  MBVT),  the  parent  company  of Merchants Bank, today announced net income of $3.34 million, or $0.53 per basic and diluted share for the first quarter of 2015. This compares to net income of $3.40 million, or $0.54 per basic and diluted share for the first quarter of 2014. The return on average assets was 0.78% for the three months ended March 31, 2015, compared to 0.81% for the same period in 2014.

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