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Key performance indicators: Any company, no matter how small, can benefit from monitoring KPIs

Key performance indicators: Any company, no matter how small, can benefit from monitoring KPIs

All too often, accounting becomes an afterthought — a nuisance that must be cranked out quarterly or at the end of the year. A different perspective, however, could change that attitude and boost business performance. In reality, accounting — by way of key performance indicators (KPIs) — ought to be a daily part of business,… Continue Reading Key performance indicators: Any company, no matter how small, can benefit from monitoring KPIs

  NBC is set to “break even” on its Olympics coverage, rather than lose money as previously expected, the head of NBCUniversal said Wednesday.   The company had expected at one point to take a $200 million loss on the London Olympics. NBC paid $1.2 billion for the rights to show the games on TV… Continue Reading CEO says NBC set to ‘break even’ on Olympics

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Farm-state lawmakers pushing new farm subsidy

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Farm-state lawmakers are moving to create a whole new subsidy that would protect farmers when their revenue drops — an unprecedented program that critics say could pay billions of dollars to farmers now enjoying record-high crop prices. The subsidy, free insurance that would cover farmers’ “shallow crop losses” before their paid insurance kicks in, has… Continue Reading Farm-state lawmakers pushing new farm subsidy

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Colorado lawmakers tout tax amnesty

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Colorado lawmakers are promoting a tax amnesty program they hope will bring in millions of dollars. Delinquent taxpayers will have 45 days starting Oct. 1 to pay the state what they owe at half the interest rate and without penalty or criminal prosecution. The program being promoted on Monday applies to individuals and businesses that… Continue Reading Colorado lawmakers tout tax amnesty

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Cripple Creek gaming revenue up in July

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Revenue at Cripple Creek casinos increased during the summer months – up nearly $2.3 million from June to July. Average gross proceeds, or the amount the casino keeps after paying winners, were nearly $13.6 million in July, up from $11.3 million the previous month. Gaming analysts say revenue always increases in July, so the increase… Continue Reading Cripple Creek gaming revenue up in July

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BLM sells oil and gas lease

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The Bureau of Land Management Colorado state office sold a parcel totaling 820 acres for $3,018, including rentals and fees at its quarterly oil and gas lease sale. The per-acre price for the parcel in Rio Blanco County was $2, and sold to Retamco Operating Inc., in Red Lodge, Mont. Colorado will receive 49 percent… Continue Reading BLM sells oil and gas lease

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Spectranetics Corp. recorded revenue of $32.2 million during the second quarter, a 7 percent increase above last year for the same period. “The second quarter results reflect continued progress on our key growth initiatives,” said Jason Hein, senior vice president of sales, marketing and business development. “Laser placements remain strong.” The company’s lead management revene… Continue Reading Spectranetics reports 7 percent revenue increase

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Ramtron International, based in Colorado Springs, posted a 58 percent increase in revenue compared to the first quarter of this year. The increase in second-quarter revenue was due to more support from the company’s Texas wafer source, assembly and test subcontractor, which allowed the company to start shipping its products in greater volume. However, the… Continue Reading Ramtron posts second quarter revenue increases

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Sales tax revenue floweth over

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Colorado Springs sales tax revenue is higher than it was this time last year and is on track to come in over budget by year’s end. The city’s 2011 mid-year financial report shows sales and use tax revenue — which accounts for 80 percent of the general fund — was $36.5 million as of June… Continue Reading Sales tax revenue floweth over

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Casino revenue is down in Colorado and most in the industry have posted a net loss for the last three years, so casino operators are looking forward to the relief that will come with a 5-percent tax reduction that goes into effect July 1. That tax cut will mean less funding for community colleges and… Continue Reading Casinos say tax break will ease their financial burdens

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