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Home » Authors » Richard Ripley

Articles by Richard Ripley

Wash. Trust adds to profit during 2004

BankÂ’s net tops $29 million; assets, loans, deposits jump
February 26, 1997
Richard Ripley
Washington Trust Bank has posted net income of $29.3 million for 2004, up 15.1 percent from $25.5 million in the previous year.The Spokane-based banks assets grew to $2.5 billion in 2004, up 12.3 percent, and it also reported substantial in a
Read More

Spokane will attempt to land Airbus plant

Aircraft giant requests facts about potential sites for $600 million facility
February 26, 1997
Richard Ripley
The Spokane Area Economic Development Council is working to respond to a request from Airbus North American affiliate for information about communities that could be potential sites for a $600 million U.S. aircraft manufacturing plant.The for
Read More

Brokerage downgrades Sterling, Banner shares

D.A. Davidson asserts rising rates might hurt bank stock performance
February 26, 1997
Richard Ripley
D.A. Davidson & Co. has downgraded the shares of Sterling Financial Corp., of Spokane, and Walla Walla, Wash.-based Banner Corp., which operates bank branches here, partly on the belief that rising interest rates could hurt bank stocks Davidson, a
Read More

Coldwater to hire 60, do remodel

New employees will give company 385 in Sandpoint, where it will add offices
February 26, 1997
Richard Ripley
Coldwater Creek Inc., the Sandpoint-based national retailer thats opening new stores at a blistering pace, will add 60 employees at its headquarters campus in the coming year and also will launch a major renovation there that will boost its space
Read More

Billboard advertiser buys Obie

Louisiana-based concern says transaction will give it 1,100 “faces” in market
February 26, 1997
Richard Ripley
One of the two biggest providers of billboard advertising in Eastern Washington and North Idaho has agreed to buy the other in a transaction that involves operations across several states.In the sale, Lamar Advertising Co., of Baton Rouge, La.,
Read More

SterlingÂ’s stock price hits highs after report

Third-quarter earnings fuel rapid rise in shares of Spokane institution
February 26, 1997
Richard Ripley
The shares of Sterling Financial Corp. have risen to all-time highs in the last several days after the Spokane-based bank holding company reported strong third-quarter earnings.Sterlings stock jumped to a closing price of $38.84 a share last
Read More

Power plan proposes focus on conservation

RegionÂ’s electricity supply is in surplus; coal, wind development urged later
February 26, 1997
Richard Ripley
The Pacific Northwest, having added electrical generating capacity rapidly when power prices skyrocketed in 2000 and 2001, has a surplus of supply today, and over the next five years should focus on conservation as it seeks to develop future the on
Read More

Avista Advantage logs increase in client base

Morris serves temporarily as subsidiaryÂ’s CEO while executive search continues
February 26, 1997
Richard Ripley
Avista Advantage, a third-party manager of other businesses utility and other facility-related bills, has added two new clients that together operate more than 8,000 locations nationwide.Spokane-based Avista Advantage, a subsidiary of Avista
Read More

Miners eye millions in work

CdÂ’A Mines, Gold Reserve will decide this quarter whether to build mines that total $600 million
February 26, 1997
Richard Ripley
Two Inland Northwest mining companies expect to decide between now and the end of the year whether to construct three proposed mines on two continents that would cost a combined $600 million.Coeur dAlene Mines Corp.s board of directors is a
Read More

Potlatch to sell St. Joe conservation easement

Spokane company will get $4.1 million, still harvest timber on its 23,000 acres
February 26, 1997
Richard Ripley
Seeking to get more value out of its vast timberlands, Spokane-based Potlatch Corp. plans to sell this week a conservation easement that will cover almost 23,000 acres of its forests near North Idahos St. Joe River for $4.1 million.The sale a
Read More
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