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  • LEWISTON, Maine _ Northeast Bancorp on Monday reported fiscal third-quarter profit of $1.8 million. Northeast Bancorp shares have risen slightly more than 8 percent since the beginning of the year. Keywords: Northeast Bancorp, Earnings Report.

  • The Navy is entering negotiations to build the first ship in the newest configuration of the Arleigh Burke-class destroyers at the General Dynamics subsidiary. That'll mean jobs for shipbuilders in Maine and a new defensive capability for the Navy. The Navy already has upgraded a handful of warships for missile defense to counter threats from...

  • WESTBROOK, Maine _ Idexx Laboratories Inc. on Friday reported first-quarter profit of $46 million. Idexx expects full-year earnings to be $2.18 to $2.25 per share, with revenue in the range of $1.73 billion to $1.75 billion. Idexx shares have risen 11 percent since the beginning of the year.

  • BAR HARBOR, Maine _ Bar Harbor Bankshares Inc. on Thursday reported first-quarter earnings of $4.4 million. The bank, based in Bar Harbor, Maine, said it had earnings of 72 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.

  • ALBANY, N.Y.— KeyCorp and First Niagara Financial Group have agreed to sell 18 of First Niagara's western New York branches to satisfy antitrust issues arising from the planned combination of the banks. The U.S. Justice Department says Thursday it required the divestitures as part of Cleveland- based KeyCorp's proposed $4.1 billion acquisition of First...

  • Two New England members of Congress say they're making progress in their effort to make the Defense Department buy U.S.-made sneakers. The military has refused to include sneakers among an existing requirement that military apparel be made in the USA, frustrating Massachusetts- based New Balance, the only major athletic shoe company that still makes its...

  • Paul LePage has vetoed a bill that sought to modernize the state's policies on solar power. He released a veto message on Wednesday that says the legislation would increase energy costs for Maine businesses and households that can't afford solar panels. Assistant Majority Leader Sara Gideon, a Democrat from Freeport, say there is some bipartisan support for...

  • AUGUSTA, Maine— Marina Villeneuve, a journalist who has used data and public records to hold officials and institutions accountable around the Northeast, has been appointed state government reporter in Maine for The Associated Press. The appointment was announced Wednesday by Karen Testa, AP's editor for the east region of the U.S., and William J. Kole, news...

  • SOUTH PORTLAND, Maine _ Wex Inc. on Wednesday reported first-quarter net income of $23.1 million. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 87 cents per share. Five analysts surveyed by Zacks expected $199.8 million.

  • WASHINGTON— Lawmakers accused Valeant Pharmaceuticals of gouging patients to reward Wall Street investors during a hearing Wednesday scrutinizing the embattled drugmaker's pricing tactics. Susan Collins, R- Maine, in her opening statement. Berna Heyman, a patient with a rare genetic disorder called Wilson's Disease, testified that the co-pay on her...

  • The Legislature will vote Friday when they meet to take up a growing number of vetoes by Republican Gov. The bill, which LePage introduced in the last days of the session, would raise the minimum wage from $7.50 to $8.50 and eventually to $10. That's because they support a citizen-initiated ballot question that would ramp up the minimum wage to $12 an hour.

  • CAMDEN, Maine _ Camden National Corp. on Tuesday reported first-quarter net income of $8.3 million. Camden National shares have dropped almost 2 percent since the beginning of the year. Keywords: Camden National, Earnings Report.

  • PORTLAND, Maine— Maine's money-making elvers fishery, the only significant fishery in the U.S. for the baby eels, is having a much stronger year as favorable weather has allowed fishermen to capture their quarry. Fishermen, who seek the eels with nets in Maine's rivers from late March to early June, have already caught more than last year's entire catch.

  • PENOBSCOT, Maine— Heather and Phil Retberg's Quill's End Farm is idyllic to the point of New England cliche. State legislators' pushback against "food sovereignty" advocates like Retberg, in Maine and elsewhere in the country, has only emboldened her. Sedgwick, just south of Penobscot, was the first town in Maine to approve an ordinance declaring local control of...

  • PORTLAND, Maine— A financially beleaguered ferry service that carried passengers between Maine and Nova Scotia has filed for bankruptcy in Canada. The Portland Press Herald reports documents filed in a Halifax, Canada, district court last week say Nova Star Cruises owes more than $15 million to creditors and identifies $142,000 in assets.

  • PORTLAND, Maine— Supporters of a failed referendum proposal to create a casino in southern Maine have dropped an appeal. Secretary of State Matthew Dunlap announced earlier this month that the campaign fell short of submitting the necessary 62,123 voter signatures to qualify for the November ballot. The campaign's cash came from a single donor, Lisa Scott,...

  • AUGUSTA, Maine— Republican Maine Gov. Major drugstore chains including CVS, Walgreens and Rite Aid plan to sell naloxone over the counter in several states this year. Cathy Breen is a Falmouth Democrat who co-sponsored the bill.

  • AUGUSTA, Maine— Maine solar power advocates face long odds as they work to persuade enough Republican lawmakers to switch their votes on a high-profile solar bill and override an almost-certain veto by Republican Gov. The Legislature will vote on April 29 when it reconvenes for a day to decide whether to override vetoes issued by the governor.

  • DAMARISCOTTA, Maine _ The First Bancorp Inc. on Wednesday reported first-quarter profit of $4.5 million. The First Bancorp Inc. shares have dropped 4.5 percent since the beginning of the year. Keywords: The First Bancorp Inc., Earnings Report.

  • The National Oceanic and Atmospheric Administration said Wednesday that three regional populations of Chinook salmon and one regional population each of Coho salmon, summer flounder, yellowtail flounder and winter flounder are suffering from overfishing. The Chinook salmon populations that are being added to the overfishing list are along the...