The Portland-based payment processing firm’s quarterly adjusted net income increased by 16 percent from a year earlier.
J. Craig Anderson
J. Craig Anderson is a seasoned business reporter who covers a wide range of topics including banking, finance, real estate, technology and entrepreneurism. Originally from Arizona, Craig graduated Summa Cum Laude from the University of Arizona journalism school and has gone on to report for a variety of business and consumer publications such as the Business Journal of Phoenix, the Las Vegas Sun and the Arizona Republic. His work has earned him national recognition including Sigma Delta Chi and APA Journalism awards. Craig also served in the Army for four years, working as an intelligence analyst and Arabic linguist for the National Security Agency in Maryland. He currently lives in Freeport.
Posted inBusiness, Local & State
Program matches preservation-minded buyers with historic Maine properties
Protect and Sell, which is run by Maine Preservation of Yarmouth, has facilitated six sales thus far.
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Posted inBusiness, Local & State
Mental Health agency says email hackers may have stolen clients’ sensitive data
Sweetser has notified 22,000 current and former clients that their personal and medical information may have been compromised.
Posted inBusiness
Former official of Prime Automotive’s majority owner indicted on obstruction charges
The Saco-based auto dealership chain’s lead investor, New York private equity firm GPB Capital Holdings, is under investigation in an alleged Ponzi scheme.
Posted inBusiness, Local & State, News
Head of Idexx gives up post 4 months after cycling accident left him paralyzed
Jonathan Ayers, chairman and CEO of the Westbrook-based company, suffered a spinal cord injury in the accident in June.
Posted inBusiness, Local & State, News
MaineHealth’s 2 top executives announce plans to retire
CEO William Caron and President Richard Petersen said they both would stay through 2020 and that a nationwide search for their replacements would commence immediately.
Posted inBusiness
SBA-guaranteed loans in Maine drop slightly from previous year
The U.S. Small Business Administration guaranteed a total of $77.1 million in loans in its 2019 fiscal year, down 7 percent from $83.1 million in loans a year earlier.
Posted inBusiness, Local & State
Maine home sales set record in September
Sales of existing single-family homes increased by 11% from a year earlier, while the median home sales price increased by 6.4% to $228,750.
Posted inBusiness, Local & State
Head of Portland-based Covetrus steps down, after months of turmoil since company’s launch
Company co-founder Benjamin Shaw will receive more than $2.3 million in severance and transition to an advisory role less than 9 months after the veterinary technology and services firm’s initial public offering.
Posted inBusiness
New 10-cent surcharge on Maine phone lines will fund broadband expansion
The surcharge approved by the Legislature will be used to support broadband expansion projects in the state starting in 2020.