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Top News & Analysis Colorado

  • Feb 21- Whiting Petroleum Corp, North Dakota's largest oil producer, nearly doubled its 2017 budget for capital spending as crude prices stabilize following a two-year rout. Whiting boosted its 2017 spending to $1.1 billion from $554 million in 2016.. Whiting's net loss available to common shareholders widened to $173.3 million, or 59 cents per share, in the...

  • GREENWOOD VILLAGE, Colo. _ StarTek Inc. on Tuesday reported fourth-quarter net income of $1.2 million. The Greenwood Village, Colorado- based company said it had net income of 7 cents per share. For the year, the company reported net income of $395,000, or 2 cents per share, swinging to a profit in the period.

  • GREENWOOD VILLAGE, Colo. _ Red Robin Gourmet Burgers Inc. on Tuesday reported a fourth-quarter loss of $8.8 million, after reporting a profit in the same period a year earlier. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 29 cents per share. Red Robin shares have fallen 16 percent since the beginning of the year.

  • DENVER _ Whiting Petroleum Corp. on Tuesday reported a loss of $173.3 million in its fourth quarter. The average estimate of 14 analysts surveyed by Zacks Investment Research was for a loss of 33 cents per share. Ten analysts surveyed by Zacks expected $353 million.

  • Feb 21- Insurance giant American International Group Inc has reached a deal to sell one of its lesser-known assets: a northern Vermont ski slope. Vail Resorts Inc, a Brookfield, Colorado- based company that runs mountain resorts, has signed a $50 million agreement to buy the ski operations of Stowe Mountain Resort from AIG's real-estate business, the resort...

  • The deal would be the first East Coast property for Vail, and Stowe would be added to the company's network of 10 resorts. Vail would acquire all of Stowe resort's mountain operations, including skier services, such as food and beverage facilities and rental and lift offices on Mount Mansfield and nearby Spruce Peak. The Stowe resort, now owned by the Mount...

  • DENVER— Instrument-laden aircraft are surveying the Colorado high country this month as scientists search for better ways to measure how much water is locked up in the world's mountain snows— water that sustains a substantial share of the global population. A NASA- led experiment called SnowEx is using five aircraft to test 10 sensors that might one day be used...

  • PARACHUTE, Colo.— The western Colorado town of Parachute is getting a drive-through marijuana shop, believed to be the first in the state. The Parachute Board of Trustees approved a business license for Tumbleweed Express last week, the Glenwood Springs Post Independent reported Saturday. "As far as I can tell, we are not aware of this business model ever coming up...

  • Houston oilfield services company Baker Hughes Inc. said Friday that 597 rigs sought oil and 153 explored for natural gas this week. Louisiana lost three rigs, New Mexico declined by two and Alaska, North Dakota and Oklahoma each lost one. Arkansas, California, Colorado, Kansas, Ohio, Pennsylvania, West Virginia and Wyoming were all unchanged.

  • The results come amid growing controversy over attempts by the U.S. Department of Health and Human Services to prevent dialysis providers from using premium assistance from outside charities to steer patients into Obamacare individual insurance plans instead of Medicare or Medicaid to receive higher payments for medical services.

  • DENVER _ DaVita HealthCare Partners Inc. on Thursday reported fourth-quarter net income of $157.7 million, after reporting a loss in the same period a year earlier. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 91 cents per share. Six analysts surveyed by Zacks expected $3.74 billion.

  • DENVER _ WhiteWave Foods Co. on Thursday reported fourth-quarter profit of $62.1 million. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of 42 cents per share. Five analysts surveyed by Zacks expected $1.1 billion.

  • SALT LAKE CITY— A lucrative outdoor trade show that's been staged in Utah for two decades appears one step closer to leaving after a Thursday conference call intended to smooth discord over public lands issues between industry leaders and Gov. The hunt for a new host city for the Outdoor Retailer show— which brings an estimated $45 million in annual direct...

  • CHICAGO, Feb 16- A major truck fleet services company and a Silicon Valley startup are joining forces to market technology that allows large trucks to save fuel by driving closely together on the highway. Omintracs LLC, which provides dispatching, routing and other services to a majority of the largest U.S. trucking fleets, and Peloton Technology, which develops...

  • LITTLETON, Colo. _ Stillwater Mining Co. on Thursday reported fourth-quarter earnings of $6 million. The Littleton, Colorado- based company said it had profit of 5 cents per share. Stillwater Mining shares have climbed almost 6 percent since the beginning of the year.

  • DENVER— At risk of raising the ire of the White House, Colorado is on the brink of becoming the first state with licensed pot clubs. Denver officials are working on regulations to open a one-year pilot of bring-your-own marijuana clubs, while state lawmakers are expected to consider measures to allow either marijuana "tasting rooms" run by marijuana...

  • DENVER _ Cimarex Energy Co. on Wednesday reported fourth-quarter net income of $38.2 million, after reporting a loss in the same period a year earlier. The average estimate of 30 analysts surveyed by Zacks Investment Research was for earnings of 59 cents per share. Thirty-four analysts surveyed by Zacks expected $372 million.

  • MEXICO CITY, Feb 14- Mexican conglomerate Alfa said on Tuesday it will sell its energy projects in the Eagle Ford shale in Texas, as well as its energy assets in Peru, while also stalling all energy investments due to lingering low oil prices. Alfa's Chief Financial Officer Ramon Leal said at a press conference the company was also looking at selling certain oil...

  • ENGLEWOOD, Colo. _ Innospec Inc. on Tuesday reported fourth-quarter earnings of $22.1 million. The Englewood, Colorado- based company said it had net income of 90 cents per share. Innospec shares have climbed slightly more than 2 percent since the beginning of the year.

  • GREENWOOD VILLAGE, Colo. _ Century Communities Inc. on Tuesday reported fourth-quarter net income of $15.1 million. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 67 cents per share. Century Communities shares have risen 11 percent since the beginning of the year.