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Entries from February 2009

Corporate Earnings

February 28th, 2009 · No Comments

From the Denver Post: Corporate Earnings
The luxury retailer reported a loss for the fourth quarter Wednesday after it was forced to slash prices to hold onto affluent shoppers who have sharply cut their spending in the recession.

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Denver homes weather price dip

February 27th, 2009 · No Comments

From the Denver Post: Denver homes weather price dip
U.S. home prices fell at a record pace late last year, but Denver fared much better than other metro areas, according to two home price indices released Tuesday.

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U.S. nears owning banks

February 26th, 2009 · No Comments

From the Denver Post: U.S. nears owning banks
The government on Monday moved toward drastically expanding its ownership stakes in the nation’s banks — with Citigroup, the struggling titan of the industry, apparently at the top of the list.

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U.S. nears owning banks

February 25th, 2009 · No Comments

From the Denver Post: U.S. nears owning banks
The government on Monday moved toward drastically expanding its ownership stakes in the nation’s banks — with Citigroup, the struggling titan of the industry, apparently at the top of the list.

[Read more →]

Tags: denver post · colorado · denver · real estate

U.S. nears owning banks

February 24th, 2009 · No Comments

From the Denver Post: U.S. nears owning banks
The government on Monday moved toward drastically expanding its ownership stakes in the nation’s banks — with Citigroup, the struggling titan of the industry, apparently at the top of the list.

[Read more →]

Tags: denver post · colorado · denver · real estate

Oil prices are down; why is gas up?

February 22nd, 2009 · No Comments

From the Denver Post: Oil prices are down; why is gas up?
The cost of a tank of gasoline has marched higher since the start of the year, defying a continued slide in oil prices and reduced demand.

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Regulators close Stanford Group Co.

February 21st, 2009 · No Comments

From the Denver Post: Regulators close Stanford Group Co.
Federal regulators shut down the Stanford Group Co. on Tuesday after the Houston investment firm failed to account for $8 billion in certificates of deposits sold to more than 30,000 clients.

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Regulators close Stanford Group Co.

February 20th, 2009 · No Comments

From the Denver Post: Regulators close Stanford Group Co.
Federal regulators shut down the Stanford Group Co. on Tuesday after the Houston investment firm failed to account for $8 billion in certificates of deposits sold to more than 30,000 clients.

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Tags: denver post · colorado · denver · real estate

White House releases details of Obama visit

February 19th, 2009 · No Comments

From the Denver Post: White House releases details of Obama visit
President Barack Obama will tour a solar panel installation atop the Denver Museum of Nature and Science tomorrow before signing his landmark $787 billion economic stimulus bill in front of a crowd of 250 Colorado renewable energy and political leaders.

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Big step toward accountability in stimulus plan

February 18th, 2009 · No Comments

From the Denver Post: Big step toward accountability in stimulus plan
Embedded in the 1,071-page economic recovery bill are unprecedented transparency requirements — a new oversight board, a public website that tracks appropriations, and the creation of separate U.S. Treasury accounts for stimulus funds that will make them easier to audit.

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Big step toward accountability in stimulus plan

February 17th, 2009 · No Comments

From the Denver Post: Big step toward accountability in stimulus plan
Embedded in the 1,071-page economic recovery bill are unprecedented transparency requirements — a new oversight board, a public website that tracks appropriations, and the creation of separate U.S. Treasury accounts for stimulus funds that will make them easier to audit.

[Read more →]

Tags: denver post · colorado · denver · real estate

Eagle County averaging a foreclosure a day

February 16th, 2009 · No Comments

From the Denver Post: Eagle County averaging a foreclosure a day
EAGLE COUNTY — In October, 2008 looked like a slow year for foreclosures in Eagle County.

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Eagle County averaging a foreclosure a day

February 15th, 2009 · No Comments

From the Denver Post: Eagle County averaging a foreclosure a day
EAGLE COUNTY — In October, 2008 looked like a slow year for foreclosures in Eagle County.

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Number-crunchers find jobs

February 14th, 2009 · No Comments

From the Denver Post: Number-crunchers find jobs
Judith Spiegel had a job lined up at Grant Thornton LLP when she graduated from the University of Denver with a master’s degree in accounting last year.

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Bank rescue plan to cost a trillion

February 13th, 2009 · No Comments

From the Denver Post: Bank rescue plan to cost a trillion
WASHINGTON — Treasury Secretary Timothy Geithner said today the new administration will wage an aggressive battle against the worst financial crisis in seven decades through programs

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Countrywide settles state subprime suit for $6M

February 12th, 2009 · No Comments

From the Denver Post: Countrywide settles state subprime suit for $6M
Countrywide Financial Corp. will pay $5.6 million as part of a settlement with the state stemming from litigation over its home-loan practices.

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Home resales, prices down

February 11th, 2009 · No Comments

From the Denver Post: Home resales, prices down
Home resales and prices in the Denver metro area were down in January compared with a year ago.

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Home resales, prices down

February 10th, 2009 · No Comments

From the Denver Post: Home resales, prices down
Home resales and prices in the Denver metro area were down in January compared with a year ago.

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Job cuts at 34-year record

February 9th, 2009 · No Comments

From the Denver Post: Job cuts at 34-year record
WASHINGTON — Recession-battered employers eliminated 598,000 jobs in January, the most since the end of 1974, and catapulted the unemployment rate to 7.

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Ripples from Circuit City’s closing to last

February 8th, 2009 · No Comments

From the Denver Post: Ripples from Circuit City’s closing to last
Circuit City will finally flicker out when its last 567 stores close this year, but the bankruptcy of the nation’s second-largest electronics retailer will ripple across the U.S. economy for years.

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