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Banking & Finance

  • N.Y firms close Madawaska mill deal

    June 11, 2013

    Two New York-based investment firms have closed a deal to buy a controlling interest in Twin Rivers Paper Co., which has a paper mill in Madawaska and a lumber sawmill in Edmundston, New Brunswick.

    June 11, 2013
  • Skowhegan bank to buy 5 branches from Camden Natl.

    May 29, 2013

    Skowhegan Savings Bank has agreed to buy five branches from Camden National Bank, a subsidiary of Camden National Corp., which last year purchased 14 branches from Bank of A

    May 29, 2013
  • Blackstone initiative embedded into MTI

    Lori Valigra May 22, 2013

    Blackstone Accelerates Growth, the $3 million effort to establish innovation hubs in Maine that was launched

    Lori Valigra May 22, 2013
  • N.Y. firms to buy Madawaska paper mill

    May 22, 2013

    Two New York investment firms have reached an agreement to buy a controlling interest in Twin Rivers Paper Co., which operates a Madawaska paper mill for Brookfield Asset Management Inc.

    May 22, 2013
  • Money exchange firm expands to Maine

    May 17, 2013

    A subsidiary of the international foreign exchange provider OZForex announced its expansion into Maine this week in the company's first venture into northern New England.

    May 17, 2013
  • Bar Harbor Bankshares picks TD exec for top spot

    May 16, 2013

    Curtis Simard, a 42-year-old senior vice president and managing director of corporate banking at TD Bank, will begin as president and CEO of Bar Harbor Bankshares this August.

    May 16, 2013
  • Winslow co. benefits from expanded SBA programs

    James McCarthy May 13, 2013

    When Bob Jacobs, owner of Jacobs Glass Inc. in Winslow, set out to expand the window and glazing company he'd purchased in 2004, he faced two challenging business problems.

    James McCarthy May 13, 2013
  • Maine Angels makes top 10 investor list

    May 9, 2013

    The Maine Angels, a 51-member venture capital investment group, has joined groups from New York and California's Silicon Valley on a national list of the country's 10 most active investment groups.

    May 9, 2013
  • Bangor Savings gets top J.D. Power rank in NE

    May 1, 2013

    Bangor Savings Bank announced today it has received the top customer satisfaction score of all New England banks in an annual ranking by J.D. Power and Associates.

    May 1, 2013
  • Niemann pursues new partnerships, projects

    Tom Niemann April 29, 2013

    Maine's historic downtowns, community life, and its wonderful people drew me in like a magnet the very first time I visited. I grew up in awe of great architecture.

    Tom Niemann April 29, 2013
  • TD Bank's U.S. chief moving up

    April 4, 2013

    TD Bank has announced CEO Bharat Masrani will be the next chief executive of Toronto-Dominion Bank, TD Bank's Canadian parent.

    April 4, 2013
  • Financial industry wrestles with compliance costs

    Matt Dodge April 1, 2013

    Terry Bishop says you know an industry is clamping down when your regulatory burden falls just short of that placed on sustained nuclear fission.

    Matt Dodge April 1, 2013
  • CEI loan fund seeks 'socially conscious' investors

    James McCarthy April 1, 2013

    For 11 years, Saeed Saeed and his wife, Anaam Jabbir, ran a flourishing take-out restaurant in a suburb of Baghdad. They sold falafel, shawarma and other Iraqi fast foods. Their restaurant flourished.

    James McCarthy April 1, 2013
  • State denies Maine Mall's valuation appeal

    March 28, 2013

    The state has again denied the owners of the Maine Mall an appeal that seeks to lower its property tax valuation made by the city of South Portland.

    March 28, 2013
  • Paper mill lobbies Rumford for tax breaks

    March 28, 2013

    Rumford Paper Co.

    March 28, 2013
  • Rumford Paper settles for $3M in FERC case

    March 27, 2013

    Rumford Paper Co. will pay more than $3 million to settle allegations from federal energy regulators that the company profited from manipulating a regional program aimed at reducing peak demand on the electricity grid.

    March 27, 2013

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Today's Poll

What’s your go-to beach read?
Choices
Poll Description

Summer in New England – or anywhere else for that matter – is an ideal time for pleasure reading, and tastes can vary widely as we recently wrote about in a seasonal feature story.

With Maine's abundance of independent bookstores, including a new vendor on wheels making the rounds in the midcoast region, we're keen to know what you're paging through.