Colorado stocks earned modest gains Tuesday, with Evergreen Energy, Sport-Haley and Ciber leading the most active state stocks, according to the Denver Business Journal. Overall, both the Dow Jones and the S & P 500 closed up, marking the third day of gains. Read more at the Denver Business Journal.
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Flight attendants with Frontier Airlines, based in Denver, have agreed on their first contract since unionizing in 2010, according to the Denver Business Journal. About 1,000 flight attendants who fly for the airline are covered by the agreement, which runs through 2016. Read more at the Denver Business Journal.
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The Wall Street Journal is reporting that big pharmaceutical companies are focusing blockbuster drug research on drugs that effect small groups of patients. Pfizer, for instance, is researching a cancer drug that shows promise fighting the disease, but only for 6,000 people with a genetic anomaly Read more at the Wall Street Journal.
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Economist Alan Krueger is recognized for his expertise in labor markets and is President Obama’s choice to become his economic adviser. The announcement, reports the New York Times, comes just as the President is set to make a speech about a new initiative to create jobs. The national unemployment rate still hovers above 9 percent. […]
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Boosters seeking the Olympic bid for the 2022 Winter Games are facing internal struggles, reports the Denver Post. Last week, the U.S. Olympic Committee pulled out of bidding on future games because of revenue-sharing issues. Read more at the Denver Post.
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Kidney dialysis company has hired a few good men to help it gain access to the global marketplace. The two new executives will lead operations in both the Asia-Pacific region and in Europe, according to the Denver Business Journal. Read more at the Denver Business Journal.
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Colorado companies fared well in the wake of Hurricane Irene, with 35 stocks seeing gains Monday of more than 5 percent, reports the Denver Business Journal. Venoco led actively traded companies at the close of business Monday, thanks to a buyout offer. Read more at the Denver Business Journal.
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