News money 2008-04-08 Andanh.com

Rising oil prices put damper on market Thu, 03 Apr 2008 06:05:00 -0000
Wall Street turned lower Wednesday as investors worried that a sharp jump in oil prices could be another sign that consumers are under stress in an economy that is already showing signs of a recession.

Housing put in perspective Thu, 03 Apr 2008 06:05:00 -0000
Many people think today's real estate problems - the collapse of the subprime market and falling home prices - suddenly surfaced six months ago.

Stores push for veto of Sunday liquor sales Thu, 03 Apr 2008 06:05:00 -0000
The debate over a bill allowing Sunday liquor sales in Colorado flared anew amid signs that Gov. Bill Ritter is prepared to sign the measure.

Ritter's pleas on ballot issues go unheeded Thu, 03 Apr 2008 06:05:00 -0000
Business and labor factions are pressing ahead with competing voter initiatives despite efforts by Gov. Bill Ritter to discourage them.

Stock slides after analyst cuts rating Thu, 03 Apr 2008 06:05:00 -0000
Crocs continued its dramatic fall Wednesday after a JPMorgan Chase & Co. analyst cut his rating on the stock.

Number of diners rises 33% from 2007 Thu, 03 Apr 2008 06:05:00 -0000
Denver diners turned out in droves for Restaurant Week, soaring 33 percent over last year, according to numbers released Wednesday.

No pay for some medical mistakes Thu, 03 Apr 2008 06:05:00 -0000
Anthem Blue Cross Blue Shield, the largest health insurers in Colorado, said Wednesday it won't pay for preventable medical mistakes such as surgery on the wrong body part or wrong patient.

CEO dumps contract, keeps his top job Thu, 03 Apr 2008 06:05:00 -0000
Janus Capital CEO Gary Black scrapped his employment contract with the company but remains in the money manager's top job.

Rockies' Holliday to appear in telco ads Thu, 03 Apr 2008 06:05:00 -0000
Qwest Communications has renewed its sponsorship agreement with the Colorado Rockies and has signed all-star left fielder Matt Holliday to promote the Denver telco's communications and community services. Financial terms weren't disclosed.

Rockies’ Holliday tapped as Qwest spokesperson Wed, 02 Apr 2008 18:20:00 -0000
Qwest Communications says it has renewed its sponsorship agreement with the Colorado Rockies and has signed on all-star left fielder Matt Holliday to promote the Denver telco’s communications and community services.

Pittman starts construction of office-flex building near DIA Wed, 02 Apr 2008 10:26:25 -0700

Charlie Ergen gets more incentive Wed, 02 Apr 2008 16:00:20 -0700

What do you give the executive who owns billions in stock? How about 500,000 options?

Janus CEO scraps contract Wed, 02 Apr 2008 15:51:52 -0700

Gary Black remains in the top job, buys stock

VCG's CFO: TKO Wed, 02 Apr 2008 15:23:13 -0700

The strip-club owner says goodbye to its chief financial officer as it fails to file a10-K

Market edges ahead despite increase in jobless claims Fri, 04 Apr 2008 06:05:00 -0000
Stocks managed to notch a modest gain Thursday, with Wall Street cautious ahead of today's jobs report but hopeful that the global financial system is on the mend.

Foreclosure for ex-Bronco Thu, 03 Apr 2008 16:13:00 -0000
Vance Johnson's home is up for a court sale. "Shortly after my son died, life kind of got tough for me," he said.

J.D. Power acquires Boulder blogosphere research firm Fri, 04 Apr 2008 06:05:00 -0000
Global market research giant J.D. Power and Associates is seeking to broaden its reach by acquiring a fledgling Boulder company that analyzes content in the blogosphere.

Solar-energy firm opens Golden office Fri, 04 Apr 2008 06:05:00 -0000
Clear Skies Solar Inc., a solar- energy products company based in New York, has opened an office in Golden and plans to hire four people to staff it.

12 grocery store branches to close Fri, 04 Apr 2008 06:05:00 -0000
TCF Bank will close 12 of its 14 grocery store branches in July.

Full court won't review settlement Fri, 04 Apr 2008 06:05:00 -0000
Qwest Communications has been denied in its request for the full 10th Circuit Court of Appeals to review a $400 million class-action shareholder settlement.

Frontier to end fliers' mileage swap Fri, 04 Apr 2008 06:05:00 -0000
Frontier Airlines plans to shut down a program that lets elite frequent fliers swap their miles for hotel nights, sporting event tickets, restaurant gift certificates and other items.

News, Post earnings up 48% from 2006 Fri, 04 Apr 2008 06:05:00 -0000
Revenue for the The Denver Post and Rocky Mountain News slipped 11 percent in 2007, but the papers saw a 48 percent increase in earnings over 2006, according to regulatory filings.

BP provides mortgage help in La Plata County Thu, 03 Apr 2008 22:08:45 -0700

Deal is unique among energy companies

Former Adam's Mark getting Sheraton signs Thu, 03 Apr 2008 15:43:17 -0700

Hotel sold for $176 million

TCF scales back branch network Thu, 03 Apr 2008 16:39:10 -0700

A pioneer of the grocery-store bank branch is closing 12 of 14 in the Denver market

Stocks withstand dismal jobs report Sat, 05 Apr 2008 06:05:00 -0000
Wall Street showed some reassuring signs of stability Friday, closing mostly higher despite the biggest monthly decline in jobs in five years. The major indexes ended the first four sessions of the second quarter with a healthy advance.

A tough opening act Sat, 05 Apr 2008 06:05:00 -0000
The attorneys arrived first, slapping the developers of the Broomfield Event Center with a lawsuit months before fans filed through the doors.

Business, labor hope to avoid ballot clash Sat, 05 Apr 2008 06:05:00 -0000
The controversy over whether to make Colorado a "right-to-work" state is coming to a head, with various camps agreeing on one thing: They don't want to see the issue on November's ballot.

Meyer Natural Angus buys Coleman beef business Fri, 04 Apr 2008 18:28:00 -0000
Meyer Natural Angus said it agreed to buy the natural and organic beef business of Golden-based Coleman Natural Foods.

Job losses, recession fears mount Sat, 05 Apr 2008 06:05:00 -0000
It's no longer a question of recession or not. Now it's how deep and how long.

Xcel to outline plans to meet power needs Sat, 05 Apr 2008 06:05:00 -0000
The Colorado Public Utilities Commission will hold a public hearing Monday to get comment about Xcel Energy's plan outlining how it intends to meet demand for electricity through 2015.

Gas prices surge to national record Sat, 05 Apr 2008 06:05:00 -0000
Retail gasoline prices nationwide surged to a record average of $3.30 a gallon Friday and could climb more in coming weeks as supplies tighten.

Mortenson wins bid to expand factory Sat, 05 Apr 2008 06:05:00 -0000
Mortenson Construction on Friday said it has been selected to build a second project for Vestas Blades America in Windsor.

Ricochet wireless network shut down Sat, 05 Apr 2008 06:05:00 -0000
The once-popular Ricochet wireless network met its demise last week, just seven months after changing ownership yet again.

Meyer Angus buys Coleman Sat, 05 Apr 2008 06:05:00 -0000
Meyer Natural Angus said it agreed to buy the natural and organic beef business of Golden-based Coleman Natural Foods, one of the country's largest suppliers of natural beef. Terms weren't disclosed.

Defending MDC and ProLogis Fri, 04 Apr 2008 18:13:43 -0700

One reader applauds MDC's management, while another said ProLogis' house-buying benefit is common

Chipotle CEO's compensation zooms with company's stock Tue, 08 Apr 2008 06:05:00 -0000
The compensation of the chief executive of Chipotle Mexican Grill Inc. nearly tripled to $7.3 million in 2007, with more than half coming from stock and options, according to a regulatory filing submitted Monday.

Median price of home sold in Denver area falls Tue, 08 Apr 2008 16:17:00 -0000
The median price of a Denver-area home that was sold and closed in March was $224,900, according to a report released today by Mike Cox of RE/MAX Professionals.

Adam's Mark becomes Sheraton Tue, 08 Apr 2008 06:05:00 -0000
Downtown Denver has received its first Sheraton Hotel with the renaming of the former Adam's Mark hotel in downtown Denver.

Work force in Colorado graying around the edges Tue, 08 Apr 2008 06:05:00 -0000
Mary Buhr loves her job. And the 77-year-old isn't about to retire.

Coors beer heir, 28, a strong backer of right-to-work issue Tue, 08 Apr 2008 06:05:00 -0000
Jonathan Coors follows in the footsteps of a late grandfather who also championed conservative causes and sparred with labor.

Starbucks puts stock in its 'everyday' brew Tue, 08 Apr 2008 06:05:00 -0000
Starbucks Corp. will start serving a new "everyday" brew today, hoping the signature blend will help revive slumping sales in its crucial U.S. market.

IRS opens Saturday for tax-return help Mon, 07 Apr 2008 20:26:00 -0000
Internal Revenue Service offices in Denver, Colorado Springs, Grand Junction and Fort Collins will be open Saturday to offer last-minute help on filing 2007 tax returns.

Halliburton reduces pay for CEO Lesar Tue, 08 Apr 2008 06:05:00 -0000
The chief executive of Halliburton Co. received compensation valued at $14.9 million last year, down nearly 10 percent from 2006 because of smaller stock and option awards, according to a regulatory filing Monday by the oilfield-services company.

Objections filed over Adam Aircraft sale Tue, 08 Apr 2008 06:05:00 -0000
At least two parties have formally objected to the sale of Adam Aircraft's assets.

Feds press to have firm's CEO dumped Tue, 08 Apr 2008 06:05:00 -0000
Federal prosecutors are pressuring Berkshire Hathaway Inc. to replace the chief executive of its reinsurance subsidiary, General Re Corp., following criminal-fraud convictions of four former General Re executives earlier this year, The Wall Street Journal reported.

Pizza, beer to join cinema menu Tue, 08 Apr 2008 06:05:00 -0000
Regal Entertainment Group will close its 10-screen complex in Thornton on Thursday for conversion into a Cinebarre theater.

Intrepid Potash plans $717 million offering Tue, 08 Apr 2008 06:05:00 -0000
Denver-based Intrepid Potash sees itself as a $2 billion company.

Qwest unveils online game, software store Tue, 08 Apr 2008 06:05:00 -0000
Qwest Communications has launched qZone, an online store offering more than 1,400 computer games and software applications to its high-speed Internet customers.

SEC charges Nev. mining company with fraud Tue, 08 Apr 2008 06:05:00 -0000
The Securities and Exchange Commission filed charges Monday against CMKM Diamonds Inc., accusing the mining company of violating federal securities laws by fraudulently issuing "hundreds of billions of shares."

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