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Dow up 102 points; CoBiz up 11.4%, Chipotle up 9.3%

July 25, 2010

The Dow scored another healthy gain Friday, finishing up 102 points and scoring its highest close since June 21.
In Colorado, CoBiz Financial and Chipotle, fueled by upbeat quarterly results, led actively traded gainers.
The Dow Jones Industrial Average finished the trading day at 10,424.62, up 102.32 points (0.99 percent). The Dow ended the week up nearly […]

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Rollins to purchase Waltham Services

July 14, 2010

Rollins Inc. plans to buy New England pest control company Waltham Services Inc. for an undisclosed amount.
Atlanta-based Rollins (NYSE: ROL) said the deal will close by the end of July.
Waltham, Mass.-based Waltham Services operates in New England and New York, generating more than $17 million in annual revenue. It joins a stable of pest control […]

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LibreDigital buys HarperCollins Publishers division

June 30, 2010

Digital publishing software maker LibreDigital Inc. has acquired the Symtio e-commerce platform from a division of investor HarperCollins Publishers Inc.
Austin-based LibreDigital bought the 2-year-old Symtio— a multi-channel platform designed by HarperCollins’s Zondervan division — to enable customers to buy digital media, including electronic books, audiobooks music and video. Financial terms of the deal were not […]

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Bank of NC raises $35M

June 16, 2010

BNC Bancorp, the parent company of Bank of North Carolina, has closed on a deal to raise $35 million in new private equity, according to an announcement.
The Thomasville-based BNC said it will use the money raised from the sale of shares to support its expansion in North Carolina and in neighboring states. The bank recently […]

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Mountain Lions season tickets go on sale Friday

May 4, 2010

Season tickets go on sale Friday for Sacramento’s new United Football League team.
The Sacramento Mountain Lions, which kick off their season in early September at Hornet Stadium, will begin selling tickets at noon on Friday at ufl-football.com/tickets. Season tickets start at $60 per person.
Source

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Sweet Leaf buys Cincinnati tea company

April 7, 2010

Sweet Leaf Tea Co. has acquired Cincinnati competitor Tradewinds Beverage Co., officials said this morning.
The Austin-based natural tea maker said the purchase will help it expand market reach, particularly in the Midwest where Tradewinds has strong distribution channels. The acquired company was founded in 1993 and makes teas and juices kettle-brewed in Ohio. The company […]

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Stores step in when computer maker drops ball

December 14, 2009

"Life is like a box of chocolates. You never know what you’re gonna get," Forrest Gump said in the classic 1994 film.
The same goes for buying a computer. It’s a box hiding items of varying quality inside.
I recently helped two frustrated HP buyers get replacements and another HP buyer get a repair for computers […]

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Posturing delays protection

November 24, 2009

Creditor protection for your registered retirement savings plan has been delayed again by political posturing over Ontario’s plan to adopt a harmonized sales tax.
The HST, a combined federal and provincial sales tax totalling 13 per cent on most goods and services as of next July, would also whittle away your retirement savings.
But it would do […]

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HMSA reports $32M loss in Q3

November 18, 2009

The Hawaii Medical Service Association lost $32 million in the third quarter — a result of continued hits from rising health-care costs and declining investment income.
It lost approximately $19 million during the same period last year.
The state’s largest health plan collected $411.1 million in premiums in the third quarter and paid out $403.9 million in […]

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U.S. home buyers’ negotiating power falls: Zillow

November 12, 2009

Home buyers in much of the United States paid thousands of dollars below asking prices in September, but had slightly less negotiating power than in August, real estate website Zillow.com said on Wednesday.
According to the September Zillow Real Estate Market Reports, buyers paid 2.9 percent less, or a median of $6,161, below the listing […]

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