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Latest News

Avista reports decline in net income

October 25, 2012
Avista Corp., of Spokane, has posted third-quarter net income of $5.8 million, or 10 cents a diluted share, down from $10.7 million, or 18 cents a share, during the year-earlier period.Company Chairman, President, and CEO Scott L. Morris says in a
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Hecla to resume production at Lucky Friday

Company also posts net loss for third quarter
October 25, 2012
Hecla Mining Co., of Coeur d'Alene, says it will resume production at its Lucky Friday mine during the first quarter of 2013 and expects full production of 2 million ounces of silver from the mine next year.The federal Mine and Safety had ordered
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Northwest Farm Credit's earnings dip slightly

October 25, 2012
Northwest Farm Credit Services, the Spokane-based agricultural financial services cooperative, has reported third-quarter net income of $43.6 million, down from earnings of $45.8 million in the year-earlier period.For the first nine months of Farm
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Itron's earnings rebound

October 25, 2012
Itron Inc., of Liberty Lake, reported this morning third-quarter net income of $35.3 million, or 89 cents a diluted share, up from a net loss of $517.1 million, or $12.70 a share, in the year-earlier quarter.Despite the improved earnings, the to a
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Key Tronic's earnings jump

October 25, 2012
Key Tronic Corp., the Spokane Valley-based electronic manufacturing services company, reported this afternoon net income of $3.7 million, or 35 cents a diluted share, for its fiscal year 2013 first quarter ended Sept. 29. That's up sharply from of
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AmericanWest agrees to acquire Oregon bank

October 25, 2012
AmericanWest Bank, of Spokane, says it has agreed to acquire Medford, Ore.-based PremierWest Bank.The transaction is valued at about $16.6 million and is expected to be completed in the first half of 2013.AmericanWest spokeswoman Kelly McPhee is
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Sterling reports earnings increase

October 25, 2012
Sterling Financial Corp., the Spokane-based parent of Sterling Bank, today reported third-quarter net income of $30.6 million, or 49 cents a share, up compared with $11.3 million, or 18 cents a share, in the year-earlier quarter.Total loans at on
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Small Business Watch

October 25, 2012
Angler's auto service opens Valley outletWenatchee-based Angler's Auto Service LLC has expanded by opening a repair shop in Spokane Valley, its second such outlet.Les Billings, manager of the new Spokane Valley shop, says it opened in September
Read More

October 25, 2012

October 25, 2012
Meetings & EventsGreater Spokane Incorporated will hold a free Business After Hours at the Trade Show networking event, on Thursday, Oct. 25, from 5 to 7 p.m., at Northern Quest Resort & Casino, 100 N. Hayford, in Airway Heights. For information,
Read More

In The News: October 25, 2012

October 25, 2012
Oct. 23 / Avista offers buyouts, seeks rate increaseAvista Corp., of Spokane, told about 900 workers that it will offer buyouts in an effort to reduce its workforce and cut about $14 million from its 2013 budget. The company didn't extend the to
Read More
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