More Business Articles

  • Apollo Global to buy Express Energy Services

    Published: Fri, Oct 24, 2014

    NEW YORK (AP) — Private equity firm Apollo Global Management LLC said Friday that it plans to buy the oilfield services company Express Energy Services. Terms of the deal were not disclosed. Express, which is privately held, has about 1,700 employees and will remain headquartered in...

  • Chiquita holders reject plans to merge with Fyffes

    Updated: 15 hr ago

    CHARLOTTE, N.C. (AP) — Chiquita shareholders have rejected plans to merge with Irish fruit importer Fyffes that would have made the world's largest banana supplier. Chiquita Brands International Inc. said Friday that the shareholders didn't approve a revised transaction agreement...

  • California startup unveils gun technology for cops

    Updated: 20 hr ago

    WATSONVILLE, Calif. (AP) — A Silicon Valley startup has developed technology to let dispatchers know when a police officer's weapon has been fired. The new product by Yardarm Technologies would also track where the gun is located and in what direction it was fired. The system will...

  • Spectranetics sets record for revenue, but still has third-quarter loss

    By Wayne Heilman wayneh@gazette.com -
    Published: Fri, Oct 24, 2014

    The biggest acquisition in Spectranetics Corp.'s history brought record revenue and a big loss in the third quarter, the company reported Thursday. But both results beat forecasts by the Colorado Springs-based medical laser manufacturer and Wall Street analysts who follow its stock....

  • Grab your wallets; Colorado Springs apartment rents hit another record high

    By rich laden rich.laden@gazette.com -
    Published: Fri, Oct 24, 2014

    Whether it's a luxury three-bedroom unit, an aging efficiency or just any old room with a view, apartment rents are soaring in Colorado Springs - hitting another record high during the second quarter, a new report shows. Lifestyle changes among younger and older residents have helped...

  • MOVERS & SHAKERS

    The Gazette -
    Published: Fri, Oct 24, 2014

    Angela Smith has affiliated as a sales associate with Coldwell Banker Residential Brokerage's Colorado Springs office. Smith, who will specialize in residential sales in El Paso and Teller counties, has 10 years of experience in the financial services industry. get More, submit item...

  • DaVita's $389 million settlement not an issue in sale of Colorado Springs medical practice

    By Wayne Heilman wayneh@gazette.com -
    Updated: Thu, Oct 23, 2014

    A $389 million settlement DaVita Healthcare Partners Inc. finalized late Wednesday with federal prosecutors and regulators won't derail the Denver-based company's purchase of Colorado Springs Health Partners, officials said Thursday. In fact, the 76 doctors who own and unanimously...

  • APNewsBreak: Icahn says Taj casino likely to close

    Updated: Thu, Oct 23, 2014

    ATLANTIC CITY, N.J. (AP) — Billionaire investor Carl Icahn says the struggling Trump Taj Mahal casino "will almost certainly close." The would-be purchaser of the casino told The Associated Press on Thursday night that the casino's finances are dire. Four of Atlantic City's 12...

  • Senators ask gov't for nationwide air bag recall

    Updated: Thu, Oct 23, 2014

    DETROIT (AP) — Two U.S. senators are calling on regulators to issue a nationwide recall of cars with faulty air bags made by Takata Corp., questioning why automakers have been allowed to limit recalls to only certain locations with high humidity. Democratic Sens. Richard Blumenthal of...

  • Alcoa sells stake in South Carolina smelter

    Updated: Thu, Oct 23, 2014

    Alcoa is selling its stake in a South Carolina aluminum smelter to Century Aluminum Co. for $67.5 million. New York-based Alcoa said in a statement that while Mt. Holly is a strong facility, it doesn't match its portfolio goals. Chicago-based Century Aluminum said Thursday that...

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