<![CDATA[Colorado Springs Gazette RSS - business]]> http://gazette.com/rss/business Thu, 23 Oct 2014 09:16:16 -0600 Zend_Feed http://blogs.law.harvard.edu/tech/rss <![CDATA[Patients avoiding Dallas hospital where Ebola hit]]> http://gazette.com/patients-avoiding-dallas-hospital-where-ebola-hit/article/feed/170869?custom_click=rss http://gazette.com/patients-avoiding-dallas-hospital-where-ebola-hit/article/feed/170869?custom_click=rss DALLAS (AP) — The hospital where a man diagnosed with Ebola died and two nurses were infected with the virus says its revenue and patient roles have plummeted.

Texas Health Presbyterian Hospital Dallas said in financial statements Wednesday that its revenue fell 25 percent in the first 20 days of October, shortly after Thomas Eric Duncan was admitted with Ebola.

The hospital says emergency room visits have fallen more than 50 percent, and its daily patient census fell 20 percent.

Presbyterian Hospital has been criticized for its initial care of Duncan, who was released after coming to the emergency room Sept. 25 with a fever and other Ebola symptoms. He returned three days later by ambulance and was diagnosed with the

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]]> DALLAS (AP) — The hospital where a man diagnosed with Ebola died and two nurses were infected with the virus says its revenue and patient roles have plummeted.

Texas Health Presbyterian Hospital Dallas said in financial statements Wednesday that its revenue fell 25 percent in the first 20 days of October, shortly after Thomas Eric Duncan was admitted with Ebola.

The hospital says emergency room visits have fallen more than 50 percent, and its daily patient census fell 20 percent.

Presbyterian Hospital has been criticized for its initial care of Duncan, who was released after coming to the emergency room Sept. 25 with a fever and other Ebola symptoms. He returned three days later by ambulance and was diagnosed with the]]> Thu, 23 Oct 2014 10:03:24 -0600 <![CDATA[Union Pacific 3Q profit chugs ahead 19 percent]]> http://gazette.com/union-pacific-3q-profit-chugs-ahead-19-percent/article/feed/170832?custom_click=rss http://gazette.com/union-pacific-3q-profit-chugs-ahead-19-percent/article/feed/170832?custom_click=rss

OMAHA, Neb. (AP) — Union Pacific Corp. delivered a 19 percent increase in its third-quarter profit as the railroad hauled 7 percent more freight and increased rates.

"We are optimistic about the remainder of the year," CEO Jack Koraleski said. "Assuming the economy and weather cooperate, we are well positioned to finish up the year with record results."

The Omaha, Nebraska-based railroad said Thursday that it earned $1.37 billion, or $1.53 per share, for the quarter ended Sept. 30. That's up from $1.15 billion, or $1.24 per share, a year ago.

Union Pacific's revenue climbed 11 percent to $6.18 billion from $5.57 billion.

Analysts surveyed by FactSet expected Union Pacific to report earnings per share of $1.51 on

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]]> OMAHA, Neb. (AP) — Union Pacific Corp. delivered a 19 percent increase in its third-quarter profit as the railroad hauled 7 percent more freight and increased rates.

"We are optimistic about the remainder of the year," CEO Jack Koraleski said. "Assuming the economy and weather cooperate, we are well positioned to finish up the year with record results."

The Omaha, Nebraska-based railroad said Thursday that it earned $1.37 billion, or $1.53 per share, for the quarter ended Sept. 30. That's up from $1.15 billion, or $1.24 per share, a year ago.

Union Pacific's revenue climbed 11 percent to $6.18 billion from $5.57 billion.

Analysts surveyed by FactSet expected Union Pacific to report earnings per share of $1.51 on]]> Thu, 23 Oct 2014 10:03:04 -0600 <![CDATA[Senators ask gov't for nationwide air bag recall]]> http://gazette.com/senators-ask-govt-for-nationwide-air-bag-recall/article/feed/170882?custom_click=rss http://gazette.com/senators-ask-govt-for-nationwide-air-bag-recall/article/feed/170882?custom_click=rss DETROIT (AP) — Two U.S. senators are calling on U.S. auto safety regulators to immediately issue a nationwide recall for cars with faulty air bags made by Takata Corp.

Sens. Richard Blumenthal of Connecticut and Edward Markey of Massachusetts made the call in a letter to Transportation Secretary Anthony Foxx, who oversees the National Highway Traffic Safety Administration.

The letter delivered Thursday also asks Foxx to encourage automakers to provide free loaner cars if parts aren't available.

Air bag inflators made by Takata can rupture, causing metal fragments to fly out in a crash. Safety advocates say the problem has caused four deaths. So far automakers have recalled about 12 million vehicles worldwide due to th

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]]> DETROIT (AP) — Two U.S. senators are calling on U.S. auto safety regulators to immediately issue a nationwide recall for cars with faulty air bags made by Takata Corp.

Sens. Richard Blumenthal of Connecticut and Edward Markey of Massachusetts made the call in a letter to Transportation Secretary Anthony Foxx, who oversees the National Highway Traffic Safety Administration.

The letter delivered Thursday also asks Foxx to encourage automakers to provide free loaner cars if parts aren't available.

Air bag inflators made by Takata can rupture, causing metal fragments to fly out in a crash. Safety advocates say the problem has caused four deaths. So far automakers have recalled about 12 million vehicles worldwide due to th]]> Thu, 23 Oct 2014 10:03:02 -0600 <![CDATA[2 planes clip wings at Minnesota airport]]> http://gazette.com/2-planes-clip-wings-at-minnesota-airport/article/feed/170854?custom_click=rss http://gazette.com/2-planes-clip-wings-at-minnesota-airport/article/feed/170854?custom_click=rss MINNEAPOLIS (AP) — Officials say a Delta Air Lines plane clipped wings with a smaller jet as the two were preparing to take off from Minneapolis-St. Paul International Airport.

An airport spokesman says no one was hurt in Wednesday night's incident.

The Delta 757 was bound for Los Angeles. The Embraer E175, flown by the Delta feeder Compass Airlines, was bound for Louisville, Kentucky. Both returned to their gates with wing damage.

The cause of the collision wasn't immediately known.

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]]> MINNEAPOLIS (AP) — Officials say a Delta Air Lines plane clipped wings with a smaller jet as the two were preparing to take off from Minneapolis-St. Paul International Airport.

An airport spokesman says no one was hurt in Wednesday night's incident.

The Delta 757 was bound for Los Angeles. The Embraer E175, flown by the Delta feeder Compass Airlines, was bound for Louisville, Kentucky. Both returned to their gates with wing damage.

The cause of the collision wasn't immediately known.]]> Thu, 23 Oct 2014 10:03:00 -0600 <![CDATA[Cheaper fuel helps United's 3Q profit take off]]> http://gazette.com/cheaper-fuel-helps-uniteds-3q-profit-take-off/article/feed/170833?custom_click=rss http://gazette.com/cheaper-fuel-helps-uniteds-3q-profit-take-off/article/feed/170833?custom_click=rss

CHICAGO (AP) — United Airlines appears to be hitting its stride after struggling to make a 2010 merger pay off.

The airline's formula is lower fuel prices and more revenue for every mile that passengers fly.

United Continental Holdings Inc. said Thursday that third-quarter net income soared to $924 million, or $2.37 per share, compared with $379 million a year earlier.

But the Chicago company's shares fell in morning trading as analysts expressed disappointment with part of a fourth-quarter forecast. United said that revenue for every seat flown one mile, a closely watched figure in the airline business, would range between down 1 percent and up 1 percent.

Stifel, Nicolaus & Co.

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]]> CHICAGO (AP) — United Airlines appears to be hitting its stride after struggling to make a 2010 merger pay off.

The airline's formula is lower fuel prices and more revenue for every mile that passengers fly.

United Continental Holdings Inc. said Thursday that third-quarter net income soared to $924 million, or $2.37 per share, compared with $379 million a year earlier.

But the Chicago company's shares fell in morning trading as analysts expressed disappointment with part of a fourth-quarter forecast. United said that revenue for every seat flown one mile, a closely watched figure in the airline business, would range between down 1 percent and up 1 percent.

Stifel, Nicolaus & Co.]]> Thu, 23 Oct 2014 10:02:01 -0600 <![CDATA[Average US 30-year loan rate falls to 3.92 pct.]]> http://gazette.com/average-us-30-year-loan-rate-falls-to-3.92-pct./article/feed/170874?custom_click=rss http://gazette.com/average-us-30-year-loan-rate-falls-to-3.92-pct./article/feed/170874?custom_click=rss WASHINGTON (AP) — Average U.S. mortgage rates continued to slide this week, raising prospects of a wave of consumers refinancing their loans. The 30-year mortgage fell further below 4 percent.

Mortgage company Freddie Mac says the nationwide average for a 30-year loan declined to 3.92 percent from 3.97 percent last week. The average rate is at its lowest level since June 2013. It was 4.53 percent in January. The average for a 15-year mortgage, a popular choice for people who are refinancing, fell to 3.08 percent from 3.18 percent.

It was the fifth straight week of declines for mortgage rates.

Across the country last week, homeowners and would-be homeowners eager for a bargain rate fired off inquiries to lenders.

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]]> WASHINGTON (AP) — Average U.S. mortgage rates continued to slide this week, raising prospects of a wave of consumers refinancing their loans. The 30-year mortgage fell further below 4 percent.

Mortgage company Freddie Mac says the nationwide average for a 30-year loan declined to 3.92 percent from 3.97 percent last week. The average rate is at its lowest level since June 2013. It was 4.53 percent in January. The average for a 15-year mortgage, a popular choice for people who are refinancing, fell to 3.08 percent from 3.18 percent.

It was the fifth straight week of declines for mortgage rates.

Across the country last week, homeowners and would-be homeowners eager for a bargain rate fired off inquiries to lenders.]]> Thu, 23 Oct 2014 10:01:57 -0600 <![CDATA[Gauge of US economy posts solid 0.8 percent gain]]> http://gazette.com/gauge-of-us-economy-posts-solid-0.8-percent-gain/article/feed/170877?custom_click=rss http://gazette.com/gauge-of-us-economy-posts-solid-0.8-percent-gain/article/feed/170877?custom_click=rss WASHINGTON (AP) — A gauge designed to predict the economy's future health posted a solid increase in September after no gain in the previous month.

The Conference Board says its index of leading indicators rose 0.8 percent last month following a flat reading in August which originally had been reported as a small 0.2 percent gain.

Economists expect that continuing strong gains in employment should boost incomes and help support solid economic growth in the United States in coming quarters despite a weaker outlook overseas.

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]]> WASHINGTON (AP) — A gauge designed to predict the economy's future health posted a solid increase in September after no gain in the previous month.

The Conference Board says its index of leading indicators rose 0.8 percent last month following a flat reading in August which originally had been reported as a small 0.2 percent gain.

Economists expect that continuing strong gains in employment should boost incomes and help support solid economic growth in the United States in coming quarters despite a weaker outlook overseas.]]> Thu, 23 Oct 2014 10:01:53 -0600 <![CDATA[Caterpillar beats Street 3Q forecasts]]> http://gazette.com/caterpillar-beats-street-3q-forecasts/article/feed/170826?custom_click=rss http://gazette.com/caterpillar-beats-street-3q-forecasts/article/feed/170826?custom_click=rss

PEORIA, Ill. (AP) — Caterpillar's belt-tightening paid off in the third quarter as the manufacturer easily beat Wall Street expectations and raised its outlook for the year.

Shares rose more than 4 percent Thursday.

The company has wrestled with a slowing global economy and took a restructuring charge of 9 cents per share during the quarter tied to cost cuts.

However, CEO and Chairman Doug Oberhelman said that he is hopeful that economic growth will pick up next year.

Caterpillar, based in Peoria, Illinois, reported third-quarter net income of $1.02 billion, or $1.63 per share, in the three months ending Sept. 30, compared with $951 million, or $1.45 per share, in the same quarter a year ago.

Adjusted to r

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]]> PEORIA, Ill. (AP) — Caterpillar's belt-tightening paid off in the third quarter as the manufacturer easily beat Wall Street expectations and raised its outlook for the year.

Shares rose more than 4 percent Thursday.

The company has wrestled with a slowing global economy and took a restructuring charge of 9 cents per share during the quarter tied to cost cuts.

However, CEO and Chairman Doug Oberhelman said that he is hopeful that economic growth will pick up next year.

Caterpillar, based in Peoria, Illinois, reported third-quarter net income of $1.02 billion, or $1.63 per share, in the three months ending Sept. 30, compared with $951 million, or $1.45 per share, in the same quarter a year ago.

Adjusted to r]]> Thu, 23 Oct 2014 10:01:53 -0600 <![CDATA[Brazilian companies raise Chiquita offer to $681M]]> http://gazette.com/brazilian-companies-raise-chiquita-offer-to-681m/article/feed/170876?custom_click=rss http://gazette.com/brazilian-companies-raise-chiquita-offer-to-681m/article/feed/170876?custom_click=rss NEW YORK (AP) — Brazilian companies Cutrale and Safra are again raising their bid for banana producer Chiquita, to $681 million.

Chiquita has repeatedly rejected offers from investment firm Safra Group and juice company Cutrale Group, preferring to merge with Irish fruit importer Fyffes in an all-stock deal.

ChiquitaFyffes would be the world's largest banana supplier, and the companies plan to incorporate in Dublin to take advantage of lower tax rates. Chiquita is now based in Charlotte, North Carolina.

The latest bid from Safra and Cutrale is for $14.50 per Chiquita share, up from an offer of $14 per share earlier this month. They had bid $13 per share in August.

Chiquita shares are up nearly 8 percent, to $13.

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]]> NEW YORK (AP) — Brazilian companies Cutrale and Safra are again raising their bid for banana producer Chiquita, to $681 million.

Chiquita has repeatedly rejected offers from investment firm Safra Group and juice company Cutrale Group, preferring to merge with Irish fruit importer Fyffes in an all-stock deal.

ChiquitaFyffes would be the world's largest banana supplier, and the companies plan to incorporate in Dublin to take advantage of lower tax rates. Chiquita is now based in Charlotte, North Carolina.

The latest bid from Safra and Cutrale is for $14.50 per Chiquita share, up from an offer of $14 per share earlier this month. They had bid $13 per share in August.

Chiquita shares are up nearly 8 percent, to $13.]]> Thu, 23 Oct 2014 10:01:51 -0600 <![CDATA[Coke names new marketing chief amid struggles]]> http://gazette.com/coke-names-new-marketing-chief-amid-struggles/article/feed/170881?custom_click=rss http://gazette.com/coke-names-new-marketing-chief-amid-struggles/article/feed/170881?custom_click=rss NEW YORK (AP) — Coca-Cola is naming a new chief marketing officer as the world's biggest soda maker works to boost flat soda sales.

The Atlanta-based company says Marcos De Quinto, a company veteran, will replace Joe Tripodi starting Jan. 1.

The maker of Powerade, Fanta and Diet Coke this week outlined plans to significantly slash costs after reporting disappointing sales for its third quarter.

De Quinto currently heads Coca-Cola's Iberia division and is a vice president of the Europe group. He has also served in marketing roles in countries including Spain and Germany.

Tripodi, who has headed Coka-Cola's marketing for the past seven years, oversaw the launch of Coke's "Open Happiness" campaign.

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]]> NEW YORK (AP) — Coca-Cola is naming a new chief marketing officer as the world's biggest soda maker works to boost flat soda sales.

The Atlanta-based company says Marcos De Quinto, a company veteran, will replace Joe Tripodi starting Jan. 1.

The maker of Powerade, Fanta and Diet Coke this week outlined plans to significantly slash costs after reporting disappointing sales for its third quarter.

De Quinto currently heads Coca-Cola's Iberia division and is a vice president of the Europe group. He has also served in marketing roles in countries including Spain and Germany.

Tripodi, who has headed Coka-Cola's marketing for the past seven years, oversaw the launch of Coke's "Open Happiness" campaign.]]> Thu, 23 Oct 2014 10:01:50 -0600 <![CDATA[Corporate earnings gains drive US stock higher]]> http://gazette.com/corporate-earnings-gains-drive-us-stock-higher/article/feed/170865?custom_click=rss http://gazette.com/corporate-earnings-gains-drive-us-stock-higher/article/feed/170865?custom_click=rss NEW YORK (AP) — Earnings gains from General Motors, 3M and other big companies are driving stocks sharply higher in early trading.

GM rose 2 percent after reporting that its third-quarter profit doubled thanks to big earnings from SUV and truck sales.

Caterpillar, 3M and Southwest Airlines also gained after reporting earnings that pleased investors. AT&T lost 2 percent after its results fell short of analysts' forecasts.

The Standard & Poor's 500 index rose 19 points, or 1 percent, to 1,946 as of 9:35 a.m. Eastern time Thursday.

The Dow Jones industrial average rose 200 points, or 1.2 percent, to 16,659. The Nasdaq composite rose 41 points, or 1 percent, to 4,424.

Bond prices fell. The yield on the 10-year

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]]> NEW YORK (AP) — Earnings gains from General Motors, 3M and other big companies are driving stocks sharply higher in early trading.

GM rose 2 percent after reporting that its third-quarter profit doubled thanks to big earnings from SUV and truck sales.

Caterpillar, 3M and Southwest Airlines also gained after reporting earnings that pleased investors. AT&T lost 2 percent after its results fell short of analysts' forecasts.

The Standard & Poor's 500 index rose 19 points, or 1 percent, to 1,946 as of 9:35 a.m. Eastern time Thursday.

The Dow Jones industrial average rose 200 points, or 1.2 percent, to 16,659. The Nasdaq composite rose 41 points, or 1 percent, to 4,424.

Bond prices fell. The yield on the 10-year]]> Thu, 23 Oct 2014 09:46:54 -0600 <![CDATA[3M 3rd-quarter net income up 6 percent]]> http://gazette.com/3m-3rd-quarter-net-income-up-6-percent/article/feed/170825?custom_click=rss http://gazette.com/3m-3rd-quarter-net-income-up-6-percent/article/feed/170825?custom_click=rss

ST. PAUL, Minn. (AP) — Diversified manufacturer 3M's third-quarter net income rose 6 percent on higher revenue across all divisions.

The maker of Post-it notes, industrial coatings and ceramics also narrowed its guidance range.

Net income for the three months ending Sept. 30 after paying preferred dividends totaled $1.3 billion, or $2.02 per share, up from $1.23 billion, or $1.81 per share, last year. Analysts expected $1.96 per share, according to FactSet.

Revenue rose 3 percent to $8.14 billion from $7.92 billion. Analysts expected $8.23 billion. The stronger dollar hurt revenue by about 1 percentage point, the company said.

The St. Paul, Minnesota-based company narrowed its guidance to net income of $7.40 to

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]]> ST. PAUL, Minn. (AP) — Diversified manufacturer 3M's third-quarter net income rose 6 percent on higher revenue across all divisions.

The maker of Post-it notes, industrial coatings and ceramics also narrowed its guidance range.

Net income for the three months ending Sept. 30 after paying preferred dividends totaled $1.3 billion, or $2.02 per share, up from $1.23 billion, or $1.81 per share, last year. Analysts expected $1.96 per share, according to FactSet.

Revenue rose 3 percent to $8.14 billion from $7.92 billion. Analysts expected $8.23 billion. The stronger dollar hurt revenue by about 1 percentage point, the company said.

The St. Paul, Minnesota-based company narrowed its guidance to net income of $7.40 to ]]> Thu, 23 Oct 2014 09:31:56 -0600 <![CDATA[JetBlue misses Street 3Q forecasts]]> http://gazette.com/jetblue-misses-street-3q-forecasts/article/feed/170855?custom_click=rss http://gazette.com/jetblue-misses-street-3q-forecasts/article/feed/170855?custom_click=rss LONG ISLAND CITY, N.Y. (AP) — JetBlue Airways Corp. (JBLU) on Thursday reported net income of $79 million in its third quarter.

On a per-share basis, the Long Island City, New York-based company said it had profit of 24 cents.

The results missed Wall Street expectations. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 26 cents per share.

The airline posted revenue of $1.53 billion in the period, which also did not meet Street forecasts. Analysts expected $1.56 billion, according to Zacks.

JetBlue shares have climbed 31 percent since the beginning of the year. The stock has climbed 52 percent in the last 12 months.

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This story was generated by Automated

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]]> LONG ISLAND CITY, N.Y. (AP) — JetBlue Airways Corp. (JBLU) on Thursday reported net income of $79 million in its third quarter.

On a per-share basis, the Long Island City, New York-based company said it had profit of 24 cents.

The results missed Wall Street expectations. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 26 cents per share.

The airline posted revenue of $1.53 billion in the period, which also did not meet Street forecasts. Analysts expected $1.56 billion, according to Zacks.

JetBlue shares have climbed 31 percent since the beginning of the year. The stock has climbed 52 percent in the last 12 months.

_____

This story was generated by Automated ]]> Thu, 23 Oct 2014 09:31:56 -0600 <![CDATA[Southwest Airlines 3Q profit rises 27 percent]]> http://gazette.com/southwest-airlines-3q-profit-rises-27-percent/article/feed/170827?custom_click=rss http://gazette.com/southwest-airlines-3q-profit-rises-27-percent/article/feed/170827?custom_click=rss

DALLAS (AP) — More passengers and lower fuel prices are pushing Southwest Airlines to record profits, and the airline expects an even bigger break at the gas pump this winter.

CEO Gary Kelly says the trend toward higher revenue has continued into October, and bookings for November and December look good.

Southwest Airlines Co. said Thursday that net income rose 27 percent to $329 million , or 48 cents per share, in the July-to-September quarter.

Excluding one-time items such as the falling value of some fuel-hedging contracts, the profit would have been 55 cents per share. On that basis, analysts expected 53 cents per share, according to FactSet.

Revenue rose 5.6 percent to $4.80 billion, a tick better than anal

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]]> DALLAS (AP) — More passengers and lower fuel prices are pushing Southwest Airlines to record profits, and the airline expects an even bigger break at the gas pump this winter.

CEO Gary Kelly says the trend toward higher revenue has continued into October, and bookings for November and December look good.

Southwest Airlines Co. said Thursday that net income rose 27 percent to $329 million , or 48 cents per share, in the July-to-September quarter.

Excluding one-time items such as the falling value of some fuel-hedging contracts, the profit would have been 55 cents per share. On that basis, analysts expected 53 cents per share, according to FactSet.

Revenue rose 5.6 percent to $4.80 billion, a tick better than anal]]> Thu, 23 Oct 2014 09:31:54 -0600 <![CDATA[Coca-Cola Ent. tops 3Q earnings expectations]]> http://gazette.com/coca-cola-ent.-tops-3q-earnings-expectations/article/feed/170853?custom_click=rss http://gazette.com/coca-cola-ent.-tops-3q-earnings-expectations/article/feed/170853?custom_click=rss ATLANTA (AP) — ATLANTA (AP) — Coca-Cola Enterprises Inc. (CCE) on Thursday reported third-quarter net income of $238 million.

On a per-share basis, the Atlanta-based company said it had profit of 96 cents. Earnings, adjusted for one-time gains and costs, were 92 cents per share.

The results exceeded Wall Street expectations. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 88 cents per share.

The seller of Coca-Cola drinks in Europe posted revenue of $2.14 billion in the period, missing Street forecasts. Analysts expected $2.22 billion, according to Zacks.

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]]> ATLANTA (AP) — ATLANTA (AP) — Coca-Cola Enterprises Inc. (CCE) on Thursday reported third-quarter net income of $238 million.

On a per-share basis, the Atlanta-based company said it had profit of 96 cents. Earnings, adjusted for one-time gains and costs, were 92 cents per share.

The results exceeded Wall Street expectations. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 88 cents per share.

The seller of Coca-Cola drinks in Europe posted revenue of $2.14 billion in the period, missing Street forecasts. Analysts expected $2.22 billion, according to Zacks.]]> Thu, 23 Oct 2014 09:31:51 -0600 <![CDATA[Colorado Springs Health Partners gets new owner: How are patients affected?]]> By Wayne Heilman wayneh@gazette.com - http://gazette.com/colorado-springs-health-partners-gets-new-owner-how-are-patients-affected/article/1539972?custom_click=rss http://gazette.com/colorado-springs-health-partners-gets-new-owner-how-are-patients-affected/article/1539972?custom_click=rss

Denver-based kidney care giant DaVita HealthCare Partners Inc. announced Wednesday it has acquired Colorado Springs Health Partners, the largest health care practice in Colorado Springs - a deal that could change the face of local health care.

Terms of the deal, which is expected to be completed by year's end, were not disclosed. Colorado Springs Health Partners is owned by 76 of its 114 doctors, and all 76 approved the deal, said Deborah Chandler, CEO of the 68-year-old practice.

The acquisition isn't expected to mean many changes for CSHP's 110,000 patients, since DaVita will keep the practice's management team and retain its more than 600 employees. But both CSHP and DaVita believe it will result in improved patient



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Denver-based kidney care giant DaVita HealthCare Partners Inc. announced Wednesday it has acquired Colorado Springs Health Partners, the largest health care practice in Colorado Springs - a deal that could change the face of local health care.

Terms of the deal, which is expected to be completed by year's end, were not disclosed. Colorado Springs Health Partners is owned by 76 of its 114 doctors, and all 76 approved the deal, said Deborah Chandler, CEO of the 68-year-old practice.

The acquisition isn't expected to mean many changes for CSHP's 110,000 patients, since DaVita will keep the practice's management team and retain its more than 600 employees. But both CSHP and DaVita believe it will result in improved patient

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Thu, 23 Oct 2014 05:20:37 -0600
<![CDATA[No workplace injuries mean another award for MechOne Inc.]]> By Wayne Heilman wayneh@gazette.com - http://gazette.com/no-workplace-injuries-mean-another-award-for-mechone-inc./article/1540007?custom_click=rss http://gazette.com/no-workplace-injuries-mean-another-award-for-mechone-inc./article/1540007?custom_click=rss

For a company whose employees make and install sheet metal in commercial air conditioning and heating systems, you'd expect at least one on-the-job injury a year.

But MechOne Inc. of Colorado Springs has never had an injury that caused an employee to miss work in its 14-year history. It's a feat that resulted in MechOne receiving its 12th consecutive Circle of Safety Award from Pinnacol Assurance, which started as a state agency to provide workers compensation insurance and is now operated as quasi-public authority.

Only 42 other Colorado employers among Pinnacol's nearly 56,000 policyholders received the award, including three more from Colorado Springs: Copestone General Contractors, CVK Electric and Pikes Peak Steel.

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]]> For a company whose employees make and install sheet metal in commercial air conditioning and heating systems, you'd expect at least one on-the-job injury a year.

But MechOne Inc. of Colorado Springs has never had an injury that caused an employee to miss work in its 14-year history. It's a feat that resulted in MechOne receiving its 12th consecutive Circle of Safety Award from Pinnacol Assurance, which started as a state agency to provide workers compensation insurance and is now operated as quasi-public authority.

Only 42 other Colorado employers among Pinnacol's nearly 56,000 policyholders received the award, including three more from Colorado Springs: Copestone General Contractors, CVK Electric and Pikes Peak Steel.]]> Wed, 22 Oct 2014 19:07:11 -0600 <![CDATA[MOVERS & SHAKERS]]> The Gazette - http://gazette.com/movers-shakers/article/1540006?custom_click=rss http://gazette.com/movers-shakers/article/1540006?custom_click=rss

Rob Potter of Colorado Springs has been named managing partner of ABC Supply Co., a Beloit, Wis.-based wholesale distributor of roofing and other building products. Potter has managed the company's branch in Aurora since 2011, and will continue to do so while taking on additional responsibilities.

get More,

submit item

See Sunday's Business section for more Movers & Shakers. To submit an item, go to the press release form at gazette.com/business.

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]]> Rob Potter of Colorado Springs has been named managing partner of ABC Supply Co., a Beloit, Wis.-based wholesale distributor of roofing and other building products. Potter has managed the company's branch in Aurora since 2011, and will continue to do so while taking on additional responsibilities.

get More,

submit item

See Sunday's Business section for more Movers & Shakers. To submit an item, go to the press release form at gazette.com/business.]]> Wed, 22 Oct 2014 16:40:01 -0600 <![CDATA[Colorado Springs real estate agent named Colorado Realtor of the Year]]> Rich Laden http://gazette.com/colorado-springs-real-estate-agent-named-colorado-realtor-of-the-year/article/1540011?custom_click=rss http://gazette.com/colorado-springs-real-estate-agent-named-colorado-realtor-of-the-year/article/1540011?custom_click=rss Randy Reynolds, a broker associate with Berkshire Hathaway Home Services Rocky Mountain in Colorado Springs and a veteran Springs real estate agent, was named Colorado Realtor of the Year by the Colorado Association of Realtors at the organization’s 94th annual convention Oct. 19-21 in Denver. According to the association, the award is the most prestigious honor for a member of the organization and reflects “a culmination of a distinguished career within the Realtor organization – at the local, state and national levels.” In addition, the award reflects a person who’s active in the community and successful in business.



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Randy Reynolds, a broker associate with Berkshire Hathaway Home Services Rocky Mountain in Colorado Springs and a veteran Springs real estate agent, was named Colorado Realtor of the Year by the Colorado Association of Realtors at the organization’s 94th annual convention Oct. 19-21 in Denver. According to the association, the award is the most prestigious honor for a member of the organization and reflects “a culmination of a distinguished career within the Realtor organization – at the local, state and national levels.” In addition, the award reflects a person who’s active in the community and successful in business.

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Wed, 22 Oct 2014 16:32:54 -0600
<![CDATA[Frontier offers one-way flights from Denver for as low as $39]]> The Gazette http://gazette.com/frontier-offers-one-way-flights-from-denver-for-as-low-as-39/article/1539925?custom_click=rss http://gazette.com/frontier-offers-one-way-flights-from-denver-for-as-low-as-39/article/1539925?custom_click=rss

Are you looking for a cheap flight before Thanksgiving? If you book by Thursday, Frontier Airlines might be for you.

The airline is offering one-way flights as low as $39 for some flights if you buy your ticket by Thursday and fly out of Denver.

Destinations for the one-way flight include Phoenix, Oklahoma City, Bismarck, N.D. and Omaha, Neb. For a little more cash you can add Kansas City, Las Vegas and Los Angeles to the list.

Return flights cost more, but most roundtrip flights listed are less than $200.

To see the flights, click here.



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Are you looking for a cheap flight before Thanksgiving? If you book by Thursday, Frontier Airlines might be for you.

The airline is offering one-way flights as low as $39 for some flights if you buy your ticket by Thursday and fly out of Denver.

Destinations for the one-way flight include Phoenix, Oklahoma City, Bismarck, N.D. and Omaha, Neb. For a little more cash you can add Kansas City, Las Vegas and Los Angeles to the list.

Return flights cost more, but most roundtrip flights listed are less than $200.

To see the flights, click here.

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Wed, 22 Oct 2014 10:32:44 -0600
<![CDATA[One Colorado city: No thanks to 5-cent bag fee]]> Associated Press http://gazette.com/one-colorado-city-no-thanks-to-5-cent-bag-fee/article/1539983?custom_click=rss http://gazette.com/one-colorado-city-no-thanks-to-5-cent-bag-fee/article/1539983?custom_click=rss FORT COLLINS — Fort Collins is bagging plans to charge shoppers for using disposable bags.

In the face of a grassroots opposition effort, city councilors voted Tuesday to repeal the 5 cent fee set to take effect in April.

The Coloradoan (http://noconow.co/1rqhEr5 ) reports that a citizens group opposed to the fee had collected about 2,600 signatures on a petition — enough for the bag fee to be put to voters to decide its fate.

Councilman Gino Campana says the success of the petition was enough to convince him to repeal the law.

___

Information from: Fort Collins Coloradoan, http://www.coloradoan.



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FORT COLLINS — Fort Collins is bagging plans to charge shoppers for using disposable bags.

In the face of a grassroots opposition effort, city councilors voted Tuesday to repeal the 5 cent fee set to take effect in April.

The Coloradoan (http://noconow.co/1rqhEr5 ) reports that a citizens group opposed to the fee had collected about 2,600 signatures on a petition — enough for the bag fee to be put to voters to decide its fate.

Councilman Gino Campana says the success of the petition was enough to convince him to repeal the law.

___

Information from: Fort Collins Coloradoan, http://www.coloradoan.

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Wed, 22 Oct 2014 10:26:55 -0600
<![CDATA[MONEY & THE LAW: Settlement a victory over phone cramming]]> By JIM FLYNN http://gazette.com/money-the-law-settlement-a-victory-over-phone-cramming/article/1539954?custom_click=rss http://gazette.com/money-the-law-settlement-a-victory-over-phone-cramming/article/1539954?custom_click=rss

On Oct. 7, the Federal Trade Commission - in stiff competition with the Consumer Financial Protection Bureau for best consumer protector of the year - held a hoopla news conference to announce the settlement of an administrative enforcement action brought against AT&T Mobility.

Under the terms of the settlement - the largest in the FTC's 100-year history - AT&T will pay 
$105 million: 
$20 million to the 50 states and the District of Columbia; $5 million to the Federal Communications Commission as a penalty; and $80 million to the FTC to be used for consumer refunds.

As is customary, AT&T has neither admitted nor denied the claims brought against it.

The case is about a long-standing practice in the telephone

Read more on Colorado Springs Gazette


]]> On Oct. 7, the Federal Trade Commission - in stiff competition with the Consumer Financial Protection Bureau for best consumer protector of the year - held a hoopla news conference to announce the settlement of an administrative enforcement action brought against AT&T Mobility.

Under the terms of the settlement - the largest in the FTC's 100-year history - AT&T will pay 
$105 million: 
$20 million to the 50 states and the District of Columbia; $5 million to the Federal Communications Commission as a penalty; and $80 million to the FTC to be used for consumer refunds.

As is customary, AT&T has neither admitted nor denied the claims brought against it.

The case is about a long-standing practice in the telephone]]> Tue, 21 Oct 2014 19:10:17 -0600 <![CDATA[IT'S YOUR MONEY: Consider trade-offs before paying off your mortgage]]> By JANE YOUNG http://gazette.com/its-your-money-consider-trade-offs-before-paying-off-your-mortgage/article/1539953?custom_click=rss http://gazette.com/its-your-money-consider-trade-offs-before-paying-off-your-mortgage/article/1539953?custom_click=rss

Paying off your mortgage before retirement can provide peace of mind, but it's important to consider the trade-offs and your financial situation.

Start the analysis by comparing the after-tax cost of mortgage interest to the after-tax return on money to be used to pay down your mortgage. The national average for interest on a 30-year mortgage is about 4 percent. Mortgage interest is usually tax deductible. Assuming a 25 percent tax rate, your after-tax cost would be about 3 percent.

This may be considerably less than what you could earn on money invested in a diversified portfolio. It's reasonable to expect a long-term average annual return of around 6 percent on a diversified portfolio, or about 4.5 percent after taxes.

Read more on Colorado Springs Gazette


]]> Paying off your mortgage before retirement can provide peace of mind, but it's important to consider the trade-offs and your financial situation.

Start the analysis by comparing the after-tax cost of mortgage interest to the after-tax return on money to be used to pay down your mortgage. The national average for interest on a 30-year mortgage is about 4 percent. Mortgage interest is usually tax deductible. Assuming a 25 percent tax rate, your after-tax cost would be about 3 percent.

This may be considerably less than what you could earn on money invested in a diversified portfolio. It's reasonable to expect a long-term average annual return of around 6 percent on a diversified portfolio, or about 4.5 percent after taxes.]]> Tue, 21 Oct 2014 19:10:01 -0600 <![CDATA[California group buys retail center in northern Colorado Springs]]> By rich laden rich.laden@gazette.com - http://gazette.com/california-group-buys-retail-center-in-northern-colorado-springs/article/1539949?custom_click=rss http://gazette.com/california-group-buys-retail-center-in-northern-colorado-springs/article/1539949?custom_click=rss A California group has paid $4.63 million to buy a roughly 15,000-square-foot building that's part of the Northgate Plaza retail center, southeast of InterQuest and Voyager parkways on Colorado Springs' north side.

LBK II 1994 Trust of California purchased the property from a limited liability company controlled by Springs developer Gary Erickson.

The building, constructed in 2007, is 100 percent leased to five tenants: El Padrino Mexicano restaurant, Thuy's Nails & Spa, Integrity Urgent Care, The Studio for Exceptional Dentistry and Pizza Hut.

Erickson was represented in the sale by Troy Meyer, Dean Corey and Kevin Matthews of the Denver office of national real estate firm Sperry Van Ness, which reported the sale on



Read more on Colorado Springs Gazette


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A California group has paid $4.63 million to buy a roughly 15,000-square-foot building that's part of the Northgate Plaza retail center, southeast of InterQuest and Voyager parkways on Colorado Springs' north side.

LBK II 1994 Trust of California purchased the property from a limited liability company controlled by Springs developer Gary Erickson.

The building, constructed in 2007, is 100 percent leased to five tenants: El Padrino Mexicano restaurant, Thuy's Nails & Spa, Integrity Urgent Care, The Studio for Exceptional Dentistry and Pizza Hut.

Erickson was represented in the sale by Troy Meyer, Dean Corey and Kevin Matthews of the Denver office of national real estate firm Sperry Van Ness, which reported the sale on

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Tue, 21 Oct 2014 18:46:12 -0600
<![CDATA[Wait to act on vehicle recall, auto dealers advise]]> By Wayne Heilman wayneh@gazette.com - http://gazette.com/wait-to-act-on-vehicle-recall-auto-dealers-advise/article/1539943?custom_click=rss http://gazette.com/wait-to-act-on-vehicle-recall-auto-dealers-advise/article/1539943?custom_click=rss

The National Highway Traffic Safety Administration may have issued a warning Monday for people to act "immediately" on a massive recall of vehicles with potentially defective airbags, but auto dealers are saying "not so fast."

Most dealers are still in the dark about how to proceed, and on Tuesday they were advising drivers to wait to hear from them or their vehicle's manufacturer before they call service departments or head off to a repair center.

"This is so new, most dealers haven't heard much about it. They will probably know more in the next 24 to 48 hours," Colorado Automobile Dealers Association President Tim Jackson said Tuesday.

Read more on Colorado Springs Gazette


]]> The National Highway Traffic Safety Administration may have issued a warning Monday for people to act "immediately" on a massive recall of vehicles with potentially defective airbags, but auto dealers are saying "not so fast."

Most dealers are still in the dark about how to proceed, and on Tuesday they were advising drivers to wait to hear from them or their vehicle's manufacturer before they call service departments or head off to a repair center.

"This is so new, most dealers haven't heard much about it. They will probably know more in the next 24 to 48 hours," Colorado Automobile Dealers Association President Tim Jackson said Tuesday.]]> Tue, 21 Oct 2014 18:08:00 -0600 <![CDATA[Q&A with Dr. Ken Gibson, CEO of Learning Rx]]> By charise simpson Special to The Gazette - http://gazette.com/qa-with-dr.-ken-gibson-ceo-of-learning-rx/article/1539936?custom_click=rss http://gazette.com/qa-with-dr.-ken-gibson-ceo-of-learning-rx/article/1539936?custom_click=rss

Dr. Ken Gibson lays claim to being the nation's first pediatric optometrist, a job he undertook in the late 1960s as he launched his career in Appleton, Wis. In addition to prescribing and fitting lenses for his young patients, he focused on their unique needs and became interest in finding ways he could help them learn.

He became involved with developmental vision and vision therapy and built preschools, day care centers and elementary school where his methods were employed. He also trained 300 other optometrists to use his methods, many of whom still use those methods.

He eventually moved outside his field to pursue a career in brain training, a field he ultimately pioneered.

Read more on Colorado Springs Gazette


]]> Dr. Ken Gibson lays claim to being the nation's first pediatric optometrist, a job he undertook in the late 1960s as he launched his career in Appleton, Wis. In addition to prescribing and fitting lenses for his young patients, he focused on their unique needs and became interest in finding ways he could help them learn.

He became involved with developmental vision and vision therapy and built preschools, day care centers and elementary school where his methods were employed. He also trained 300 other optometrists to use his methods, many of whom still use those methods.

He eventually moved outside his field to pursue a career in brain training, a field he ultimately pioneered.]]> Tue, 21 Oct 2014 17:00:02 -0600 <![CDATA[MOVERS & SHAKERS]]> The Gazette - http://gazette.com/movers-shakers/article/1539929?custom_click=rss http://gazette.com/movers-shakers/article/1539929?custom_click=rss

Trish StJohn has joined the staff of CASA of the Pikes Peak Region as development director. StJohn has 12 years of experience in fundraising and nonprofit resource development. She has worked with the American Heart Association, American Cancer Society and most recently as a branch director with Juvenile Diabetes Research Foundation.

GET MORE, SUBMIT ITEM: See Sunday's Business section for more Movers & Shakers. To submit an item, go to the press release form at gazette.com/business.

Read more on Colorado Springs Gazette


]]> Trish StJohn has joined the staff of CASA of the Pikes Peak Region as development director. StJohn has 12 years of experience in fundraising and nonprofit resource development. She has worked with the American Heart Association, American Cancer Society and most recently as a branch director with Juvenile Diabetes Research Foundation.

GET MORE, SUBMIT ITEM: See Sunday's Business section for more Movers & Shakers. To submit an item, go to the press release form at gazette.com/business.]]> Tue, 21 Oct 2014 16:00:02 -0600 <![CDATA[Terminal case: Colorado Springs Airport dealing with challenges 20 years after building's opening]]> By Wayne Heilman wayneh@gazette.com -By wayne heilman - the gazette http://gazette.com/terminal-case-colorado-springs-airport-dealing-with-challenges-20-years-after-buildings-opening/article/1539787?custom_click=rss http://gazette.com/terminal-case-colorado-springs-airport-dealing-with-challenges-20-years-after-buildings-opening/article/1539787?custom_click=rss

On Oct. 22, 1994, a few days after a blowout community celebration that lasted nearly 10 hours, a 12-gate passenger terminal opened to great fanfare and high hopes just a few miles south of the old Colorado Springs Airport building near Powers Boulevard. - "The larger terminal will allow the airport to accommodate 2.5 million passengers a year, nearly 1 million more than the 1,524,800 passengers Colorado Springs served in 1993," read one enthusiastic account in The Gazette. - A year later, the $31 million terminal seemed well on its way to meeting its lofty potential. Ten airlines were operating more than 50 flights a day. Soon after, a new airline would form in Colorado Springs and grow to serve more than 30 cities. In 1996, 2.4 million



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On Oct. 22, 1994, a few days after a blowout community celebration that lasted nearly 10 hours, a 12-gate passenger terminal opened to great fanfare and high hopes just a few miles south of the old Colorado Springs Airport building near Powers Boulevard. - "The larger terminal will allow the airport to accommodate 2.5 million passengers a year, nearly 1 million more than the 1,524,800 passengers Colorado Springs served in 1993," read one enthusiastic account in The Gazette. - A year later, the $31 million terminal seemed well on its way to meeting its lofty potential. Ten airlines were operating more than 50 flights a day. Soon after, a new airline would form in Colorado Springs and grow to serve more than 30 cities. In 1996, 2.4 million

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Tue, 21 Oct 2014 15:59:21 -0600
<![CDATA[Feds say mine operators warned before accident]]> Associated Press http://gazette.com/feds-say-mine-operators-warned-before-accident/article/1539927?custom_click=rss http://gazette.com/feds-say-mine-operators-warned-before-accident/article/1539927?custom_click=rss DURANGO — Federal mine inspectors say operators were warned numerous times of potential danger before two men died of carbon-monoxide poisoning in 2013.

Mine Safety and Health Administration administrator Joe Main said Tuesday managers of the Revenue-Virginius Mine near Ouray (yoo-RAY') improperly disposed of deteriorated explosives in a mine shaft, filling the area with toxic gas, and then failed to seal off the area or ventilate the mine.

Main says managers ignored complaints from other miners, who said they became ill before the two miners died.

The mine was cited 33 times after Star Mine became the operator in 2011, including 13 that regulators determined were reasonably likely to result in injury or



Read more on Colorado Springs Gazette


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DURANGO — Federal mine inspectors say operators were warned numerous times of potential danger before two men died of carbon-monoxide poisoning in 2013.

Mine Safety and Health Administration administrator Joe Main said Tuesday managers of the Revenue-Virginius Mine near Ouray (yoo-RAY') improperly disposed of deteriorated explosives in a mine shaft, filling the area with toxic gas, and then failed to seal off the area or ventilate the mine.

Main says managers ignored complaints from other miners, who said they became ill before the two miners died.

The mine was cited 33 times after Star Mine became the operator in 2011, including 13 that regulators determined were reasonably likely to result in injury or

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Tue, 21 Oct 2014 15:17:00 -0600
<![CDATA[Judge's ruling puts stalled Colorado Springs project on road to revival]]> By Wayne Heilman wayneh@gazette.com - http://gazette.com/judges-ruling-puts-stalled-colorado-springs-project-on-road-to-revival/article/1539882?custom_click=rss http://gazette.com/judges-ruling-puts-stalled-colorado-springs-project-on-road-to-revival/article/1539882?custom_click=rss

A federal bankruptcy judge in Denver approved a plan Monday for a committee of lienholders to take over the troubled Colorado Crossing project Nov. 4, ending a 4½-year bankruptcy that has left the five-building complex unfinished for nearly six years.

The decision could help resurrect the project, but nothing will happen right away.

The committee will spend about a month evaluating proposals from several investors and others who have shown interest in buying the 190,000-square-foot complex on the northern edge of Colorado Springs, said Jim Johnson, CEO of GE Johnson Construction, who heads the committee.



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A federal bankruptcy judge in Denver approved a plan Monday for a committee of lienholders to take over the troubled Colorado Crossing project Nov. 4, ending a 4½-year bankruptcy that has left the five-building complex unfinished for nearly six years.

The decision could help resurrect the project, but nothing will happen right away.

The committee will spend about a month evaluating proposals from several investors and others who have shown interest in buying the 190,000-square-foot complex on the northern edge of Colorado Springs, said Jim Johnson, CEO of GE Johnson Construction, who heads the committee.

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Tue, 21 Oct 2014 08:05:08 -0600