Seasonal slowdown affects single-family home sales

By Doug Storum LOVELAND — The median-sale prices for single-family homes in the Boulder Valley and Northern Colorado experienced a seasonal cooling off in November, according to a report released Friday by Loveland-based Information Real Estate Services Inc. Of the six markets that make up the region, median sale prices in Fort Collins, Greeley/Evans and Estes Park were up slightly, while the prices in the other markets — Boulder, Longmont and Loveland/Berthoud — declined compared with October. According to the report, the average number of days on the market in November compared with October increased in the majority of markets with Fort Collins holding steady at 73 days, and Longmont decreasing from 60 days in October to…

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Jobs, population will continue to grow in 2018, but at slower pace

By Doug Storum DENVER — Colorado will stay competitive in recruiting, and every major sector will add jobs in 2018, according to economist Richard Wobbekind. Wobbekind, executive director of the Business Research Division at the University of Colorado Boulder’s Leeds School of Business, said Monday that Colorado is projected to add 47,100 jobs in 2018, an increase of 1.8 percent — a lower growth rate than the past two years. He also said the state’s population will grow by 90,600 as people continue to move to Colorado. Wobbekind delivered the forecast, based on the school’s research, at the 53rd annual Colorado Business Economic Outlook Forum at the Grand Hyatt Denver.… Continue Reading...

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Sphero’s droids debut in “Star Wars: The Last Jedi”

By Jensen Werley BOULDER — BB-9E makes its Hollywood debut on Friday, and if it captures the hearts of consumers like fellow droid BB-8, it can be in homes now. Boulder-based robotics company Sphero Inc. has added to its lineup of Star Wars app-enabled droids, with the sinister BB-9E and beloved R2-D2. BB-9E will make its first appearance in the upcoming movie “Star Wars: The Last Jedi.” The all-black BB-9E is a droid from the First Order, making it less cute and cuddly than BB-8, a breakout star of 2015’s The Force Awakens and a breakout product for Sphero.… Continue Reading...

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Firms raise price target on Woodward

By Jensen Werley FORT COLLINS — Woodward Inc. (Nasdaq: WWD), a designer and manufacturer of aerospace and industrial components, had its quarterly price targets raised by two analyst firms. Drexel Hamilton indicated it thought the Fort Collins company had an “exciting future” and raised its target stock price to $94. Credit Suisse raised its target to $80. In its fourth-quarter earnings, released in November, Woodward beat analyst expectations in earnings per share but net earnings fell slightly year-over-year. Woodward’s stock price closed Friday at $75.16. The post Firms raise price target on Woodward appeared first on BizWest.… Continue Reading...

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Colorado launches interagency employment assistance program

By Jensen Werley DENVER — The Colorado Department of Human Services announced a new interagency collaborative program that will connect Coloradans facing significant barriers to employment with job opportunities. The Colorado Works Subsidized Training and Employment Program, or CW STEP, will launch in January 2018 and will help connect at-risk populations eligible for basic cash assistance from Colorado Works with work opportunities and experience. CW STEP will be administered locally with state contractors working with county departments of human services and community-based resources to offer a variety of ways to boost workforce development.… Continue Reading...

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Two DIA eateries closing to make way for new options

By BizWest Staff DENVER — Two Terminal A food options are shutting down and laying off workers at Denver International Airport to make way for a new food hall, Denver Central Market, to open next year. Schlotzky’s and Lefty’s will end operations in February, the Denver Post reports. CA Concessions of Colorado, which supplies workers for those restaurants, told the Department of Labor and Employment its contract ends Feb. 9. About 52 workers are expected to be laid off, including 18 cooks, 12 cocktail servers and other employees. Although there will be layoffs, a spokesperson for DIA told the Denver Post there are about 100 openings in food concessions at the airport.… Continue Reading...

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