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Umpqua Bank reports drop in net income

Bank cites one-time costs for its Sterling acquisition
May 8, 2014
Mike McLean
Portland-based Umpqua Holdings Corp., the parent company of Umpqua Bank, reported net income of $18.8 million, or 17 cents a diluted share, for the first quarter ended March 31, down from $23.4 million, or 21 cents a diluted share, in the year-earlier qua
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—Judith Spitzer

Treating eating disorders in Spokane

Emily Program on South Hill uses range of interventions
May 8, 2014
Judith Spitzer
The Emily Program, a Minnesota-based treatment center for eating disorders with a facility in Seattle, opened a facility on Spokane's South Hill last June and is using psychological, nutritional, medical, and psychiatric interventions to help patients o
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—Mike McLean

Exchange evolution

Healthplanfinder has success in signups, but users call for improvements
May 8, 2014
Mike McLean
Even though the Washington Health Benefit Exchange surpassed the state's health insurance enrollment goals, a lot more work can be done to improve the system, sources familiar with the exchange say. In all, the exchange enrolled more than 1 million p
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—Judith Spitzer

Downtown Spokane's wine district uncorked

Organizers plan to market downtown to niche tourists
May 8, 2014
Judith Spitzer
Spokane is home to more than 25 wineries and tasting rooms, and many are located in the downtown area. If Mike Allen has anything to do with it, someday soon people will be talking about a Cork District in Spokane as a wine, dining, and entertainment dest
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—Mike McLean

StanCraft boat manufacturer rides wave of growth

Post Falls boat maker to move to larger space
May 8, 2014
Mike McLean
Stan-Craft Boat Co., the Post Falls-based venerable wooden boat manufacturer that's no stranger to staying afloat in turbulent times, actually thrived during the Great Recession and is now stronger than ever, its third-generation owners say. Coeur d'
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Avista's earnings increase

Company is exploring offers to sell Ecova subsidiary
May 7, 2014
Linn Parish
Avista Corp., of Spokane, reported today first-quarter net income of $48.5 million, or 82 cents a diluted share, up from $42.3 million, or 73 cents a share, in the year-earlier period. The company said in a press release that the results were above exp
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Ambassadors posts net loss

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April 30, 2014
Staff Report
Ambassadors Group Inc., the Spokane-based provider of educational travel programs, reported this afternoon a first-quarter net loss of $7.6 million, or 45 cents a diluted share, compared with a loss of $8.1 million, or 47 cents a share, in the year-earlie
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