Richard Ripley

Avista gives 2011 profit estimate

Company provides figure in latest quarterly report, confirms 2010 number

November 4, 2010

Avista Corp. has started to provide "guidance," or projections on future profitability, to securities analysts for 2011, announcing in its just-released third-quarter earnings report that it expects to earn $1.60 to $1.80 a share next year.The a

Disappointing report drops Coldwater Creek's shares

Sandpoint company will miss profit projections, leading to big sell-off

November 4, 2010

Richard Ripley

Coldwater Creek Inc. CEO Dennis Pence told securities analysts Oct. 18 that five factors were behind disappointing results in the company's third quarter ended Oct. 30.The shares of the Sandpoint-based women's fashion retailer fell almost 35 on

Key Tronic predicts record annual sales

Spokane company racks up 53 percent growth in revenue, strong earnings in quarter

November 4, 2010

Richard Ripley

Key Tronic Corp., of Spokane, says it expects to achieve record revenue in its 2011 fiscal year after announcing its highest-ever quarterly revenue in its fiscal first quarter, ended Oct. 2.The company, an electronic manufacturing services with

Old friends helped save Sterling

Seibly, new chairman, key board member go back years in banking world

November 4, 2010

Richard Ripley

When Greg Seibly was named acting president and CEO of Sterling Financial Corp. a year ago and given the task of raising hundreds of millions of dollars to save the Spokane company, he did what many of us would have done: He consulted with an old &

Avista cuts price of home energy audit, gets response

Company, banks work on contracts to launch low-interest loan fund

October 21, 2010

Richard Ripley

Avista Utilities has reduced to $99 the price of the home energy audits it began offering earlier this year, and its customers are responding to the reduction.The Spokane utility notified customers in certain Spokane ZIP codes of the price in an

Avista sets energy summit

Oct. 28 session to delve into sweeping issues affecting utilities today

October 21, 2010

Richard Ripley

Avista Corp., dealing with widespread change that's affecting the utility industry but isn't always unique to it, will hold an interactive summit, titled Powering Our Future, with hundreds of community leaders and customers here Oct. 28.Major as

Palouse wind-turbine farm eyed

Boston company plans $170 million project near Oakesdale

October 21, 2010

Richard Ripley

A Boston company says it expects to receive a conditional-use permit from Whitman County in the second quarter of 2011 to construct a $170 million wind-turbine farm about seven miles west of Oakesdale, Wash.The company, First Wind LLC, says it a

State DNR plans to study biomass supply, sustainability

Agency to name consultant to peg long-term volume of material from forests

October 7, 2010

Richard Ripley

The Washington state Department of Natural Resources expected to name a consultant this week that would conduct a study to estimate the amount of woody biomass available from timberlands in the state on a long-term sustainable basis for energy for

Gold Reserve files claim in Paris court

Spokane company says Venezuela's ore-deposit seizures broke treaty

October 7, 2010

Richard Ripley

Gold Reserve Inc., of Spokane, has filed a $1.93 billion arbitration claim against Venezuela with the World Bank's Centre for Settlement of Investment Disputes to seek compensation for the taking of its Brisas and Choco 5 mineral deposits in that a

PFD picks architect team for expansion job concept

Project to go before voters in 2012, restore exclusions to building finished in 2006

October 7, 2010

Richard Ripley

The Spokane Public Facilities District has selected LMN Architects, of Seattle, to prepare a conceptual design for an addition to the Group Health Exhibit Hall, which was completed in 2006.LMN, working with ALSC Architects PS, of Spokane; MW of