Spokane Journal of Business

Local News > Finance

Inland Northwest stock index rises slightly in first quarter

Hart Capital Management Inc., a Spokane-based investment firm, says the stock value of 14 publicly traded Inland Northwest companies, as measured in an overall index it compiles, rose 0.5 percent percent in the first quarter of 2014, lagging behind the St...

Inland Power reports rise in net margins for 2013

Inland Power & Light Co., the Spokane-based electric cooperative, has posted net margins of $3.8 million for 2013, up from $2.1 million in 2012. Also, as it had indicated previously, the cooperative implemented a 4.5 percent rate increase as of the begi...

Umpqua’s acquisition of Sterling Financial receives regulatory approval

Umpqua Holdings Corp., of Portland, announced this morning that it has received all regulatory approvals for its proposed acquisition of Spokane-based Sterling Financial Corp., the parent company of Sterling Bank. The regulatory nod follows the previou...

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Second Harvest expands facilities to fill big food need

Second Harvest Food Bank of the Inland Northwest is moving forward with several large projects this year, including a $2.5 million, 26,000-square-foot second-phase expansion of its Pasco, Wash., warehouse facility, says President and CEO Jason Luke Clark....

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Inland Northwest Lighthouse nearly set to expand

Nonprofit Inland Northwest Lighthouse, which operates a manufacturing facility in North Spokane where it employs nearly 50 people, soon will start using a major expansion of its building there that it says will enable it to expand its workforce. Baker ...

CFA Society dinner slated for tonight downtown

The CFA Society of Spokane, an organization of financial analysts, portfolio managers, and other investment professionals, has slated two industry veterans to speak at its 20th annual Economic Forecast Dinner tonight at the Davenport Hotel. A reception...

Five errors to avoid when managing financial assets

After more than four decades of helping investors around the country manage their financial assets, there are a few observations I’ve made over that time that apply across the whole spectrum of investors, without regard to age, income, education, or any...

Intent, planning said keys to philanthropy strategies

While the financial-planning sector is chock-full of rules of thumb and industry-accepted guidelines, developing a charitable-giving strategy is one area with too many variables for a legitimate broad-brushed approach to work, experts say. Veteran fina...

Northwest Farm Credit Services posts jump in earnings

Northwest Farm Credit Services, the Spokane-based agricultural lending cooperative, has reported net income of $237 million for 2013, an increase of 26 percent compared with income of $187.3 million the previous year. Meanwhile, the cooperative says it...

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SBA lenders predict volume rebound in 2014

Some lending institutions that are among the leaders here in originating U.S. Small Business Administration-backed loans are anticipating renewed interest from borrowers this year, following a dip in total loan volume in the SBA’s Spokane district in 20...

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