The South Portland-based payment processor achieved double-digit increases in revenue and net income in the first quarter.
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, News
Camden National Bank’s net income rose 17 percent in first quarter
The largest bank chartered in Maine netted $10.1 million, and Northeast Bancorp of Lewiston also performed strongly, with net income up 94 percent.
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Posted inBusiness, Local & State, News
Food giant Tyson Foods to buy AdvancePierre, owner of former Barber Foods
It’s unclear how the conglomerate’s acquisition will affect the Portland plant being sold by AdvancePierre, which employs about 300 there.
Posted inBusiness, News
Systems upgrade causes shipping delays for L.L. Bean
The Freeport-based outdoor retailer says it is working day and night to fix the problem.
Posted inBusiness, Local & State, News
Report: Maine propping up unsustainable biomass power industry
But industry advocates argue that it provides vital jobs and tax revenue in rural areas.
Posted inBusiness, Local & State, News
Maine home sales remain strong in March
Both sales volume and median price were up compared with a year earlier.
Posted inLocal & State, News
Reformed scam artist tells Mainers how to protect their data
Frank Abagnale Jr., whose story was immortalized in a book and the 2002 movie ‘Catch Me If You Can,’ speaks at USM on identity theft.
Posted inBusiness, Local & State, News, Sports
Buyers of Harris Golf discount passes unhappy that they now exclude Sunday River
Some golfers seek refunds after a legal dispute forces removal of the award-winning course from the deals, even though they’re still good at other Harris properties.
Posted inBusiness, Local & State, News
Maine construction firm Reed & Reed buys New Hampshire subcontractor
The acquisition of Farmington-based PLC Construction will help boost Reed & Reed’s wind energy business.
Posted inBusiness, Local & State, News
Portland offering 4 acres for sale in Bayside
The six city-owned parcels are being touted as an opportunity for redevelopment.