Business Newsreel: NH Thrift Bancshares announces dividend; Weekly jobless claims sink
MANCHESTER — NeighborWorks Southern New Hampshire was recently awarded a $100,000 affordable housing grant through the TD Charitable Foundation's Housing for Everyone grant competition, the nonprofit announced.
This is the third Housing for Everyone Award that NeighborWorks Southern New Hampshire has received in the past four years. Since 2007, NeighborWorks Southern New Hampshire has committed to revitalizing neighborhoods on Manchester's West Side, beginning with the West Granite area and extending to adjacent neighborhoods.
It has created off-street parking, open space, homeownership and affordable rental opportunities, while reducing density.
NEWPORT — New Hampshire Thrift Bancshares Inc., savings and loan holding company of Lake Sunapee Bank, has declared a regular quarterly cash dividend of 13 cents per share payable Jan. 31, to stockholders of record as of Jan. 24.
New Hampshire Thrift Bancshares, through its direct and indirect subsidiaries, operates 28 locations in New Hampshire in Grafton, Hillsborough, Merrimack and Sullivan counties and 16 locations in Vermont in Orange, Rutland and Windsor counties.
Weekly jobless claims sink ahead of report
WASHINGTON — Initial claims for unemployment benefits fell to 330,000 last week, the lowest level since November, as holiday season volatility continued to ease ahead of the government's jobs report Friday.
The drop was in line with analysts' projections.
The four-week average, which smooths out some of the volatility, fell to 349,000 last week, a drop of 9,750 from the previous week, the Labor Department said.
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