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Visa plans largest public offering in history

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The Associated Press Visa might raise as much as $17 billion in what would be the biggest U.S. initial public offering as the largest credit-card network tries to replicate the success of MasterCard, which has quintupled since its initial offering two years ago. Visa plans to sell 406 million Class A shares for $37 to… Continue Reading Visa plans largest public offering in history

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Humana makes acquisitions

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Humana plans to increase its offerings as a result of two recent acquisitions: Comp Benefits and KMG America. The two additions to the Humana portfolio increase the non-medical products the insurance provider offers. The addition of CompBenefits expands Humana’s dental portfolio, which now includes dental HMO and dental EPO products. It also gave Humana a… Continue Reading Humana makes acquisitions

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Chicago pitches Navy Pier to USOC

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Crain’s Chicago Business reported yesterday that Mayor Richard Daley’s administration has proposed building a home for the United States Olympic Committee on the city’s Navy Pier on Lake Michigan close to Chicago’s downtown. The news comes as the USOC is meeting this morning in Atlanta, where it is expected to review options for a possible… Continue Reading Chicago pitches Navy Pier to USOC

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Unsafe buildings under scrutiny

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The El Paso County Board of Commissioners is considering an ordinance that would require the removal of unsafe buildings from unincorporated areas of the county. Any building or structure would be deemed unsafe under the ordinance if it: presents a substantial danger or hazard to public health or safety is materially dilapidated and unused by… Continue Reading Unsafe buildings under scrutiny

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Fewer mortgage lenders online

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It was bound to happen. In light of contracting trends in the credit industry mortgage lenders are “disappearing from the ranks of the biggest Internet advertisers,” Mortgage Daily.com reported this week. At the same time, spending by some mortgage lead generators and their parent companies remained strong. Nielsen Online’s Top 10 Advertisers by Estimated Spending… Continue Reading Fewer mortgage lenders online

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Yo-ho-ho and fewer bottles of rum

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A bill that would lower a boat operator’s allowable blood alcohol content to 0.08 from 0.1 unanimously passed out of the Senate Transportation Committee yesterday. The new restrictions would apply to all vessels—including, presumably, a one-person rubber raft. SB 159 sponsors said that the bill would “reduce incidences of dangerous activity” on Colorado lakes and… Continue Reading Yo-ho-ho and fewer bottles of rum

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Front Range foreclosures jump 40 percent

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Colorado homeowners are feeling the pinch of the collapse of the subprime market – foreclosure filings jumped 40 percent in 2007.The Colorado Division of Housing reports that nearly 40,000 foreclosure filings were listed last year, up from 28,500 in 2006. Meanwhile, foreclosure sales – in which the property is sold to the lender or a… Continue Reading Front Range foreclosures jump 40 percent

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Drop in jobless claims seen as temporary

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Associated Press WASHINGTON_ The number of newly laid off workers filing claims for unemployment benefits fell last week, but the larger-than-expected drop was seen as only a temporary improvement. The Labor Department reported Thursday that the number of jobless claims dropped by 9,000 last week to a total of 349,000. While that was bigger than… Continue Reading Drop in jobless claims seen as temporary

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The National Retail Federation is alerting online customers to be careful when purchasing common household items through online auction sites. The cosmetics, health and beauty products could be stolen or possibly tainted, the retail industry nonprofit said. Well-known products found in health and personal care aisles nationwide are being targeted by organized retail crime rings.… Continue Reading Beware of health and beauty products on auction Web sites

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Investors view the environment as a major long-term investing opportunity, said a survey of investors released by Allianz Global Investors. Of the 1,003 investors surveyed, nearly half (49 percent) said that during the next 12 months they were likely to invest in a company or mutual fund looking to provide solutions for environmental problems; 17… Continue Reading Investors seek green companies

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