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Professional services
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Tips for Maine bank depositors worried about turmoil
Updated: April 3, 2023"Look to diversify" is one piece of advice from experts interviewed by Mainebiz.
Updated: April 3, 2023
Maine’s insurance industry thriving on growth, change
Updated: April 3, 2023Like many professional service industries, the insurance industry has been undergoing expansions and transitions in recent years, with acquisitions, C-suite transitions and new hires.
Updated: April 3, 2023
Checks and balances: Maine banks, believers in safety first, may face bumpy ride if turmoil escalates
Updated: April 3, 2023In the wake of the Silicon Valley Bank collapse, the consensus is that Maine banks are well-capitalized and diversified, with sufficient buffers to prevent the panicked run that unraveled SVB. But the outlook gets murky if the current turmoil
Updated: April 3, 2023
Brunswick-based child care business lab to expand, thanks to $1.6M grant
Updated: March 28, 2023The idea for the Coastal Enterprises Inc. program emerged from a pre-pandemic listening tour in rural Maine, where residents reported a lack of quality child care was affecting their ability to work full time.
Updated: March 28, 2023
Maine Angels raise another $2M for early-stage investments
Updated: March 27, 2023The Dirigo Angel Fund II raised $2.03 million for a new round of early-stage investments.
Updated: March 27, 2023
Bibber Memorial Chapel CEO dies at the age of 83
March 14, 2023Dick Bibber served for 25 years on the board of trustees of Kennebunk Savings Bank, including as chairman, retiring from the board in 2015. He was also a member of the Kennebunk Board of Selectmen and the town's budget board.
March 14, 2023
Bank Notebook: M&T, Katahdin Bankshares to pay higher dividends
February 23, 2023M&T Bank Corp. declared a quarterly cash dividend of $1.30 per share on its common stock, while Katahdin Bankshares Corp. declared a cash dividend of $0.152 per share for the first quarter of 2023.
February 23, 2023
Portland wealth management firm names key leadership promotions
February 17, 2023The executives have nearly 80 years of experience at R.M. Davis, No. 1 on the 2023 Mainebiz Book of Lists for Maine-based registered investment advisors.
February 17, 2023
Retiring to Vacationland: Maine’s growing attraction for retirees ‘from away’
Updated: February 20, 2023For a growing number of older Americans, Maine isn’t just Vacationland — it’s a desirable place to retire. While some come because of family or New England ties, others cite reasons from Maine’s cool climate that’s less prone to extreme weather and
Updated: February 20, 2023
Moving to Maine for retirement: A few pointers
Updated: February 20, 2023Anyone mulling a move to Maine for retirement should plan accordingly.
Updated: February 20, 2023
Helped by new products, WEX beats market expectations on Q4 results
Updated: February 9, 2023The Portland-based company has surpassed consensus estimates four times over the last four quarters.
Updated: February 9, 2023
Earnings preview: What to expect from IDEXX, WEX
Updated: February 3, 2023The two companies are expected to post higher sales and profit for the fourth quarter.
Updated: February 3, 2023
Growing business offers workouts using movements of everyday life as a new parent
Updated: February 13, 2023Classes started as “a baby-wearing workout.” Today, the business has expanded in Maine, New Hampshire and Massachusetts and employs 10 instructors.
Updated: February 13, 2023
Inking the deal: Tattoo artists say business is booming
Updated: February 3, 2023Clients are flocking to southern Maine tattoo parlors and the customer base is projected to grow even more this year, a trend a trio of local tattoo artists confirmed.
Updated: February 3, 2023
Baker Newman Noyes announces two promotions
January 27, 2023Julie Paquette and Dan Gayer have been promoted to principal at Baker Newman Noyes.
January 27, 2023
Portland financial firm in hiring mode amid market volatility
January 24, 2023After adding a team member through a merger, Penobscot Financial Advisors plans to make two additional hires this year.
January 24, 2023
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