Spokane Journal of Business

Local News > Finance

Moss Adams launches online tax-credit exchange

Moss Adams LLP, the big Seattle-based accounting and business consulting firm that also operates the largest accounting firm operation here, has launched the Moss Adams Tax Credit Exchange, an online marketplace for buying and selling tax credits. The e...

Sterling Financial reports earnings increase

Sterling Financial Corp., the Spokane-based holding company for Sterling Bank, reported this afternoon fourth-quarter net income of $22.2 million, or 35 cents a diluted share, up from $20.9 million, or 33 cents a share, in the year-earlier period. For...

INB parent posts ‘most profitable quarter’

Northwest Bancorporation Inc., the Spokane-based parent of Inland Northwest Bank, reported today fourth-quarter net income of $406,000, or 12 cents a share, up from $182,000, or 6 cents a share, in the year-earlier period. This marked the company’s ...

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Bankruptcies in Eastern Washington, North Idaho fall for third straight year

Bankruptcy filings fell again in Eastern Washington and North Idaho last year, marking the third year in a row that they’ve declined. The U.S. Bankruptcy Court’s Eastern District of Washington reported 5,057 cases filed in 2013, down 7 percent from ...

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Foreclosures climbed in Spokane County last year

Foreclosure actions completed in Spokane County swelled to a record level in 2013 following a four-year low in 2012, despite other indicators of improving real estate market trends. Last year, the Spokane County Auditor’s Office recorded 1,211 foreclos...

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Gonzaga gets interest break with tax-exempt bonds

The Washington State Higher Education Facilities Authority last month issued revenue bonds that will help finance a new university center that’s under construction at Gonzaga University, executives at the Jesuit school here say. Chuck Murphy, Gonzaga...

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Coeur d’Alene wealth management company is in growth mode

Pinkerton Retirement Specialists LLC, a growing Coeur d’Alene-based wealth-management company, has acquired two other financial adviser offices and plans to construct a new building in the Riverstone development that will have three times the office spa...

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Inland Northwest economy continues to make positive strides

In some sectors of the Inland Northwest economy, activity levels are returning to prerecession levels, welcome news that comes none too soon for economic observers. In overall employment, Spokane-area economists are expecting job growth next year, though...

Jobs to continue to grow here, though possibly at slower rate

The rate of growth, however, might not keep pace with this year, says Grant Forsyth, regional labor economist for Spokane-based Avista Corp. He’s projecting a 1.5 percent increase in employment next year in Spokane and Kootenai counties, which would be ...

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Spokane-area real estate comeback is expected to stay on track for third year

In one of the brighter real estate sectors, Spokane-area residential sales improved for the second consecutive year in 2013, and Ken Lewis, owner of Spokane Valley-based Prudential Spokane Real Estate, says he expects the spring of 2014 to be the best spr...

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