Local News

Bar Harbor approves lease that means Cat ferry will leave Portland

Posted by on Oct 18, 2018 in Local News | Comments Off on Bar Harbor approves lease that means Cat ferry will leave Portland

BAR HARBOR — Town councilors on Bar Harbor have approved an agreement to lease a former ferry terminal to the company that left the property nearly a decade ago. The council voted 7-0 Tuesday to allow the town manager to sign a lease agreement with Atlantic Fleet Services, a Bar Harbor-based agent for Bay Ferries Ltd. Bay Ferries operates The Cat ferry, which makes trips between Maine and Nova Scotia. The company will move its operations to Bar Harbor from Portland as part of the deal. In June, Bar Harbor voters overwhelmingly approved a $3.5 million purchase of the ferry terminal from the...

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Bar Harbor council unanimously approves ferry agreement, but many town residents are calling the decision rushed

Posted by on Oct 17, 2018 in Local News | Comments Off on Bar Harbor council unanimously approves ferry agreement, but many town residents are calling the decision rushed

Robert F. Bukaty | AP By Nick Sambides Jr., BDN Staff • October 17, 2018 8:14 am BAR HARBOR — The town will lease its former ferry terminal to a company that decided to abandon the property nearly 10 years ago. The Town Council voted 7-0 on Tuesday night to allow Town Manager Cornell Knight to sign a five-year lease agreement with Atlantic Fleet Services, the Bar Harbor-based agent for Canadian former terminal owner Bay Ferries Ltd. Bay Ferries operates The CAT, a high-speed catamaran ferry that runs...

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17th MDI Marathon is Sunday

Posted by on Oct 16, 2018 in Local News | Comments Off on 17th MDI Marathon is Sunday

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Bar Harbor Bankshares (BHB) Position Boosted by Schwab Charles Investment Management Inc.

Posted by on Oct 15, 2018 in Local News | Comments Off on Bar Harbor Bankshares (BHB) Position Boosted by Schwab Charles Investment Management Inc.

Schwab Charles Investment Management Inc. increased its position in shares of Bar Harbor Bankshares (NYSEAMERICAN:BHB) by 18.9% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 40,139 shares of the financial services provider’s stock after purchasing an additional 6,380 shares during the period. Schwab Charles Investment Management Inc. owned approximately 0.26% of Bar Harbor Bankshares worth $1,216,000 at the end of the most recent quarter. Several other hedge funds have also recently added to or...

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Bar Harbor planner to leave post Oct. 31

Posted by on Oct 14, 2018 in Local News | Comments Off on Bar Harbor planner to leave post Oct. 31

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Bar Harbor Bankshares Inc. (BHB) Plunges 5.53% on October 12

Posted by on Oct 13, 2018 in Local News | Comments Off on Bar Harbor Bankshares Inc. (BHB) Plunges 5.53% on October 12

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