Top News & Analysis Colorado

More

  • CENTENNIAL, Colo., May 9- A six-member jury was chosen on Monday in Colorado to hear the first civil trial of wrongful death and personal injury claims stemming from a 2012 mass shooting in which 12 people were killed and dozens wounded in a suburban Denver movie theater. Plaintiffs' attorney Marc Bern said Cinemark was especially negligent in failing to notify...

  • CENTENNIAL, Colo., May 9- Jury selection began on Monday in Colorado for the first civil trial of wrongful death and personal injury claims stemming from a 2012 mass shooting in which 12 people were killed and dozens wounded in a suburban Denver movie theater. Plaintiffs' attorney Marc Bern said Cinemark was especially negligent in failing to notify its general...

  • Investing for the long haul When William Bauer, managing director of Royce, a New Jersey leather goods company, graduated from McGill University in 2014 and HEC Paris in 2015, his mother gave him 100 shares of Johnson& Johnson stock and 100 shares of Qualcomm. Rheude studied marketing at the University of Tennessee in Knoxville, driving a 2001 Audi A4 his parents...

  • WASHINGTON, May 6- The United States is behind the technology curve when it comes to publicly traded companies' financial disclosures and lagging in how it gets relevant information to investors, a top securities regulator said on Friday. In prepared remarks to a conference in Denver, Kara Stein, a Democrat member of the Securities and Exchange Commission, spoke...

  • May 4- U.S. oil and gas producer Noble Energy Inc said it expects to spend less than the $1.5 billion it had budgeted for the year, but would consider spending more on U.S. shale assets if crude oil prices moved and stayed above $50 per barrel. Last week, Pioneer Natural Resources said it would add rigs if oil stayed near or rose above $50 per barrel.

  • May 3- Noble Energy Inc said it would sell some of its oil and gas assets in Colorado. The sale includes about 33,100 primarily undeveloped net acres in the DJ Basin to Synergy Resources Corp for $505 million, Noble said on Tuesday. Noble said it had announced asset sales of more than $775 million this year.

  • CAPE CANAVERAL, Fla., April 28- The U.S. Air Force will save 40 percent by buying a GPS satellite launch from Elon Musk's SpaceX compared with what United Launch Alliance has been charging, the head of the Space and Missile Systems Center said on Thursday. The Air Force on Wednesday awarded SpaceX an $83 million contract to launch the satellite, breaking the monopoly...

  • LOS ANGELES, April 26- Chipotle Mexican Grill Inc reported its first ever quarterly loss, after food giveaways failed to lure back large numbers of paying customers turned off by a string of food safety lapses last year. Shares of the Denver- based burrito chain fell almost 5 percent after the first quarter results. Sales at established Chipotle restaurants fell...

  • LOS ANGELES, April 26- Chipotle Mexican Grill Inc's free food giveaways aimed at luring back diners after a string of food safety lapses last year failed to revive sales as much as Wall Street expected during the first quarter and its stock fell almost 3 percent. Its net loss of $26.4 million, or 88 cents per share, was less steep than the 95 cent per-share loss...

  • NEW YORK, April 26- Annualized U.S. single-family home prices rose less than expected in February, a closely watched survey showed on Tuesday. "Home prices continue to rise twice as fast as inflation, but the pace is easing off in the most recent numbers," said David M. Blitzer, managing director and chairman of the index committee at S&P Dow Jones Indices.

  • WASHINGTON, April 25- Billionaire environmental activist Tom Steyer's super PAC launched a $25 million youth voter drive on Monday in seven political battleground states to help elect candidates that champion climate change policies in November's general election. Those states are Pennsylvania, Iowa, Ohio, New Hampshire, Nevada, Illinois and Colorado.

  • Pena Nieto, who is grappling with deadly drug cartel violence, said he will send to Congress a proposal to permit the use and importation of marijuana-based medicines, and raise the amount that weed users can legally carry to 28 grams from 5 grams. Pena Nieto did not say where consumers would be able to obtain the weed they are then allowed to carry.

  • Although down from $229 million or 46 cents a share in the year-ago period, it was well ahead of the 20 cents a share that analysts were expecting, according to Thomson Reuters I/B/E/S estimates. "A combination of lower capex, better operating performance out of Australasia and more copper sales during the quarter is really how that beat materialized," BMO Capital...

  • STOCKHOLM, April 20- Swedish construction company Skanska plans to expand its commercial property development business in the United States, betting interest rates won't rise fast enough to dent strong investor demand for high-yielding real estate. Skanska's U.S. chief Richard Cavallaro said the company's goal this year was to identify which U.S. cities...

  • Englewood, Colorado- based Dish said average revenue per user in the company's pay-TV business rose to $87.94 from $85.73. Revenue rose to $3.79 billion from $3.72 billion last year. Net income attributable to Dish rose to $389 million, or 84 cents per share, for the first quarter ended March 31 from $351 million, or 76 cents per share, a year earlier.

  • Apple Inc and the FBI returned to Washington to testify before lawmakers about their heated disagreement over law enforcement access to encrypted devices, highlighted in the case of a locked iPhone linked to a gunman in last December's Islamist militant-inspired shootings in San Bernardino, California. Earlier in the hearing before a House Energy and...

  • WASHINGTON, April 19- The growing use of strong default encryption on mobile devices and communications by criminal suspects is handicapping investigators' ability to pursue them, law enforcement officials told Congress on Tuesday, pressing Apple Inc and other companies that defend the technology as integral to protecting consumers.

  • NEW YORK, April 15- Nearly 70 percent of baby boomers view a gift of money as an expression of love, according to a Merrill Lynch survey released on Friday. While this may sound wonderful, it can complicate estate planning, especially if the generation receiving the inheritance sees things differently. You don't want somebody to feel less loved, " Michael Liersch,...

  • April 13- Cyber security company Optiv Security Inc is working with Goldman Sachs Group Inc and Morgan Stanley on an initial public offering that could come as soon as the second half of 2016, a source familiar with the matter said on Wednesday. Bloomberg News first reported on Optiv Security's IPO plans on Wednesday. Next week, Dell Secure Works, a cyber security...

  • COLORADO SPRINGS, Colo., April 13- United Launch Alliance said on Wednesday its Atlas 5 rocket will need to be repaired before flights resume following an early engine shutdown on its last mission. "There will be corrective action," Tory Bruno, chief executive of the joint venture by Lockheed Martin Corp and Boeing Co, told Reuters in an interview at the Space...