Author: Wayne Heilman Special to the Gazette
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Colorado Springs-based Spectranetics Corp. faces shareholder suit
A Spectranetics Corp. stockholder is suing the Colorado Springs-based medical device manufacturer in Denver federal court, alleging violations of federal securities laws and seeking to have the case declared a class action on behalf of all who bought the company’s stock between Feb. 19 and July 23. Spectranetics stock dropped 52.3 percent to $16.30 during…
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El Paso County auto market booming; sales jump by biggest percentage in nearly 2 years
El Paso County’s auto market continued to boom in August as new vehicle registrations rose from a year earlier by the biggest percentage in nearly two years, according to a report from the El Paso County Clerk and Recorder’s Office. Here’s the details from the August report, including what is driving the hot market and…
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Colorado Springs unemployment rate falls to 7½-year low with a caveat
The Colorado Springs unemployment rate fell to a 7½-year low in July largely because of a big decline in the number of people in the job market, which one economist speculated resulted from some young people unable to land jobs because they lack needed skills and others moving to Denver for better jobs. The 4.9…
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Colorado Springs Airport bringing back free parking promotion
The Colorado Springs Airport will again offer free parking during November and December, airport director Dan Gallagher announced Tuesday. “This is a promotion and not an experiment this year. The airlines increased their load factor (percentage of seats filled) by between 7 and 18 percent last year when we did this, so they have added…
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Construction to start on addition to hangar complex at Colorado Springs Airport
Owners of a hangar condominium complex at the Colorado Springs Airport will start construction Tuesday on a $2.5 million expansion that will make room for up to 14 more privately operated non-airline aircraft or aviation-related businesses. The 21,000-square-foot expansion is scheduled to be completed by year’s end and is the latest of several projects underway…
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Passenger numbers at Colorado Springs Airport decline for fourth consecutive month
Passenger traffic at the Colorado Springs Airport in June fell from the same month a year earlier to 54,102. The drop is the fourth consecutive monthly decline and the seventh in the past eight months. The number of departing passengers in June declined from June 2014 on all five airlines serving Colorado Springs. Traffic for…
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El Paso County job growth at 8½-year high in first quarter
El Paso County’s job market in the first quarter is the strongest it has been since the middle of the past decade, according to a new report. Employers in the county added jobs in the first quarter at the fastest rate in 8½ years, thanks to booming growth in the health care and tourism industry,…
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Veteran Boot Camp offered next month in Colorado Springs
A Broomfield-based nonprofit will host a free six-week boot camp beginning next month in Colorado Springs to help veterans start businesses. The program is designed to coach active-duty military, veterans and their spouses on how to start and operate their own business, including out-of-class assignments and working with a business mentor that will be assigned…
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Denver investors buy Monument Hill Country Club
A Greenwood Village-based company has bought Monument Hill Country Club in northern El Paso County with plans for a name change, but no other immediate alterations for the 915-member club. Monument Investors LLC paid $1.25 million for the club complex at 18945 Pebble Beach Way this month to Northstar Bank of Colorado. The bank foreclosed…
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Colorado Springs actor to portray FDR in history presentation
Colorado Springs actor Don Moon will portray President Theodore Roosevelt in the final “Think You Know History” series presentation at 2 p.m. Sunday in the Chapel at Evergreen Cemetery, 1005 S. Hancock Expressway. Cost of the program is $10. Speaking as Roosevelt, Moon will discuss heroes who influenced his life.