Denver Business Journal articles from December 2001

Denver Business Journal archives from December 2001

2001: The year the bubble burst: Economists say Sept. 11 brought closure to longest expansion in history.(Brief Article)(Statistical Data Included)
December 21, 2001... Even before the Sept. 11 terrorist attacks, most local economists thought the Colorado economy was in a recession or had been headed that way since spring. Afterward, they knew for sure. "The world economy sickened [in 2001]," Tucker...

Finance suffers setbacks.(in Colorado)(Statistical Data Included)
December 21, 2001... On Colorado's financial front, investment of all types dropped with a thud in 2001. Companies investing in other companies through mergers and acquisitions was down here, as was the availability of venture capital. After a steady stream...

Attacks shake Foundations of air travel.(terrorist attacks of September 11th)(Brief Article)(Statistical Data Included)
December 21, 2001... Already hurt by a faltering economy, the nation's airline industry took a staggering blow on Sept. 11 and the ripple effects continue to spread throughout the economy. "I don't want to sound trite, but everything changed on Sept. 11,"...

Denver viewers can't get their HDTV: Despite mandate, local TV stations in no hurry to start broadcasting new format.(high definition television)
December 21, 2001... Just a few years ago, federal regulators expected television viewers in Denver and elsewhere would be enjoying crisp and clear movie-quality sights and sounds by 1999. But Denver residents -- along with most Americans -- aren't even...

Nothing says Christmas like a skyline pic. (Street Talk).(Blue Sky Publishing)(Brief Article)
December 21, 2001... There's a good chance you received Christmas card featuring a photo of the Denver skyline in the fore ground and the Rocky Mountains in the background (looking like they begin at Federal Boulevard -- amazing what a telephoto lens can do). ...

Mares not giving up. (Street Talk).(City Auditor Don Mares)(Brief Article)
December 21, 2001... City Auditor Don Mares is continuing his fight to get a look at documents related to questionable real estate deals by the outfit running the Winter Park Resort for the city of Denver. Mares is trying to conduct a comprehensive audit of...

Webb spins a good one. (Street Talk).(Pete Webb bids for Colorado Lottery contract)(Brief Article)
December 21, 2001... PR eager beaver Pete Webb is taking no chances on the upcoming rebidding of the public relations contract for the Colorado Lottery. Webb, who's had the contract for almost five years, has leased a billboard on Colorado Boulevard, near the...

Energy a roller coaster ride.(price of natural gas, utilities)(Brief Article)(Statistical Data Included)
December 21, 2001... Boom-and-bust excitement and letdown -- traditional in the oil and gas industry -- extended into the usually staid and safe utility industry during 2001. In the last 12 months, the record-high prices for wholesale natural gas, at more...

Money was hard to find in tough '01.(venture capital investments in Colorado firms)(Statistical Data Included)
December 21, 2001... It was a tough year for cash-strapped entrepreneurs. Investors still recovering from the sting of their dot-bomb losses became even more wary in 2001 as the public markets continued to deteriorate. Not a single Colorado company went...

Excel accused of overcharging IREA.(Xcel Energy Inc., Intermountain Rural Electric Association)(Brief Article)
December 21, 2001... Xcel Energy Inc. is telling federal regulators that allegations it overcharged its wholesale customers by millions of dollars should be dismissed, even as the list of complainants is expanding. Intermountain Rural Electric Association,...

Colo. dining out more than rest of country: 'Fast-casual' eateries are popular spots.(Brief Article)(Statistical Data Included)
December 21, 2001... Statewide sales from restaurants and other food vendors are projected to reach $7.3 billion in 2002, according to the Colorado Restaurant Association -- some 4 percent more than this year's $7 billion projection. Money spent eating out...

Corrections and amplifications.(Correction Notice)
December 21, 2001... * A tax lien notice published in the Dec. 7-13 edition naming Dave's Plumbing and Heating Specialists, 1855 W. Union Blvd., Englewood, involves the previous owner of the business. The current owner took possession in September and is not...

Telecom industry sees profits, players dwindle.(Qwest Communications International Inc., EchoStar Communications Corp.)(Brief Article)(Statistical Data Included)
December 21, 2001... 2001 marked the fifth anniversary of the Telecommunications Act, meant to foster competition between telephone companies, long distance providers and cable TV systems. Ironically, it was telecom's worst year ever with several major...

AT&T Broadband merging. (Week in Review).(AT and T Comcast Corp. formed)(Brief Article)
December 21, 2001... Englewood-based AT&T Broadband will merge with Philadelphia based Comcast Corp. in a $72 billion total deal that will see the new company's headquarters in Philadelphia. The new company -- AT&T Comcast Corp. -- was created when the board...

Anschutz buys Brit dome. (Week in Review).(Phil Anschutz of Meridian Delta Ltd.)(Brief Article)
December 21, 2001... Denver entrepreneur Phil Anschutz is getting deeper into the sports-venue business. A company he's involved in, Meridian Delta Ltd. of Britain, has won its bid for the massive Millennium Dome in Greenwich, England, according to BBC News....

ICG files reorg plan. (Week in Review).(ICG Communications Inc.)(Brief Article)
December 21, 2001... Englewood-based ICG Communications Inc., which filed for Chapter 11 bankruptcy protection in November last year, said it plans to file a reorganization plan with the bankruptcy court and it will emerge with about $214 million in funded debt....

More photos from space. (Week in Review).(satellite made by Ball Aerospace & Technologies Corp., photos made available by DigitalGlobe)(Brief Article)
December 21, 2001... More high-resolution photos are arriving from space, courtesy of a Denver-area company. This week, high-resolution photos taken from the Quick-Bird satellite, built by Boulder-based Ball Aerospace & Technologies Corp., are being made...

Two Berger funds merge. (Week in Review).(Berger New Generation Fund will be merged into Berger Mid Cap Growth Fund and the Berger Select Fund will be merged into the Berger Growth Fund)(Brief Article)
December 21, 2001... Two Berger funds are merging into two others, officials at Denver-based Berger LLC, investment manager for Berger Funds, announced. The two funds' aggressive portfolios weren't appropriate for "today's more risk-averse investors," they said....

State holiday spending up. (Week in Review).(up 1.2 percent over the same period last year)(Brief Article)(Statistical Data Included)
December 21, 2001... More than three weeks into the holiday shopping season, retail sales in Colorado were up 1.2 percent over the same period last year; that's less than the national average increase of 1.8 percent. According to TeleCheck Services Inc., a...

Power plant sites tabbed. (Week in Review).(Tri-State Generation and Transmission Association leads effort on coal-fired power plant)(Brief Article)
December 21, 2001... Preliminary studies on building a new coal-fired power plant in Colorado say the best locations are between Fort Morgan and Sterling in northeastern Colorado and near Las Animas in southeastern Colorado. Tri-State Generation and...

Aerospace companies take off after Sept. 11: Demand for space-imaging photos soars.(Brief Article)
December 21, 2001... The aerospace industry was off to a slow start this year, but after Sept. 11 portions of the industry saw a boost as national security came to the forefront of the country's list of priorities. The first half of the year saw a dramatic...

Hot home sales cooled by layoffs then Sept. 11.(Denver real estate)(Brief Article)(Statistical Data Included)
December 21, 2001... Layoffs, corporate downsizing and economic uncertainty triggered a downward spiral in Denver's residential real estate market during 2001, leaving an abundance of inventory on the market and forcing many sellers to lower their initial asking...

Vacant space haunts commercial buildings: Landlords offer deals to woo new tenants.(Brief Article)
December 21, 2001... In 2001, many working in the commercial real estate market began making comparisons with the 1980s. Then it was energy that crashed -- now it's high tech and telecom, they said. Concessions are back. Landlords are taking tenant...

Denver retailers find sweet success in 2001.(Brief Article)
December 21, 2001... Dwindling consumer confidence and a sluggish economy did little to stagnate Denver's retail industry in 2001. Despite dire news in other sectors, retail held its own with relatively flat holiday sales and new store openings. Several...

Largest Title Insurance Companies Licensed To Do Business In Colorado. (Ranked by Colorado direct premium written).(ranked by Colorado direct premium written)(Illustration)(Statistical Data Included)(Directory)
December 21, 2001... Largest Title Insurance Companies Licensed To Do Business In Colorado (Ranked by Colorado direct premium written) Colorado ...

Denver adjusts to JOA daily newspapers: Metro area gets new sports show; Barry Fey jumps back into the music scene.(Brief Article)
December 21, 2001... Denver's two major daily newspapers declared a truce while its concert promoters declared war. On the tube, Fox Sports Net Rocky Mountain made its move from Los Angeles to Denver and introduced a new locally produced sports news show. ...

Marketwatch.(Denver Business Journal securities listings)(Illustration)(Statistical Data Included)
December 21, 2001... MARKETWATCH ABOUT OUR STOCK TABLES Each week, The Denver Business Journal ranks the performance of all publicly traded companies in Colorado that have a market capitalization equal to or greater than $10 million. All data is...

Largest Airlines Serving Denver International Airport: (Ranked by total flights out).(Illustration)(Statistical Data Included)
December 21, 2001... Largest Airlines Serving Denver International Airport (Ranked by total flights out) Rank YTD - Sept. 2001 Last...

Health care needs grow -- as do shortages.(health organizations struggle to open and operate new facilities)(Brief Article)(Statistical Data Included)
December 21, 2001... Driven in part by the health demands of aging boomers and expansion into the suburbs, the health care industry experienced growth evident in hospital construction and "growing pains" evident in labor shortages. Centura Health, HealthOne...

Software market expected to recover in 2002. (Tech).(security software, according to Dataquest Inc. study)(Brief Article)(Statistical Data Included)
December 21, 2001... Despite a slowdown in spending that is forcing much of the software industry into a period of consolidation, security software will thrive over the next couple of years, according to Dataquest Inc. The company, a unit of Connecticut-based...

Real estate loans seem to be riding out storm. (Finance).(real estate loans by banks, Denver, Colorado)(Brief Article)(Statistical Data Included)
December 21, 2001... Denver-area banks are confident about their commercial real estate loans -- in the short term, anyway. Because lenders have been more cautious about real estate since the early 1990s, they aren't worried that the current recession will...

The Lilly line arriving here soon. (Retail).(Lilly Pulitzer clothing line introduced at Limeade shop, Denver, Colorado)(Brief Article)(Statistical Data Included)
December 21, 2001... The apparel scene in Cherry Creek North is about to get a little juicier with the arrival of Limeade, a new boutique devoted exclusively to the upscale Lilly Pulitzer line of clothes. Known for its bright hues and fun patterns, Lilly...

Publicly held ski companies get mixed reviews. (Travel & Tourisum).(Statistical Data Included)
December 21, 2001... Wall Street got into the Colorado ski business in the mid-1990s when Leon Black, an ex-Drexel Burnham Lambert mergers and acquisitions whiz, bought what's now Vail Resorts Inc. and took it public. But when public ownership of ski resorts...

Skier vs. snowboarder animosity lessening: They're learning to share the mountain. (Travel & Tourisum).(Brief Article)
December 21, 2001... Call it the old school vs. the new school or the brash upstarts vs. the traditional establishment. Whatever you call it, there is an undeniable rivalry between snowboarders and skiers. But like a. younger sibling who was once considered...

Never Summer bucks snowboard maker odds. (Travel & Tourism).(Brief Article)(Company Profile)
December 21, 2001... Tracey Canaday remembers the winter of 1983 fondly Driving up to Berthoud Pass every weekend, he would tear down through the trees on a homemade snowboard that looked like a cross between a surfboard and a bobsled. Almost two decades later,...

Newsmakers.(executive appointments in the banking, real estate, and computer industries)
December 21, 2001... Advertising Thomas & Perkins Advertising added four people to its staff. Toni Thibodeaux will serve as media supervisor and plan media projects for several clients. She comes to the firm from Inline Media of Denver, where she planned and...

'Vanilla Sky' flavored with variety: Newest Tom Cruise movie has its flaws. (Movies).(review of motion picture by Paula Moore of 'Denver Business Journal')(Brief Article)
December 21, 2001... Tom Cruise's new movie, "Vanilla Sky," has some problems, but Cruise isn't one of them. In the movie, the superstar who seems more comfortable in action-oriented popularity contests such as "Top Gun" and the "Mission: Impossible" movies...

'The Shipping News'. (Movies).(review of movie by Paula Moore of 'Denver Business Journal')(Brief Article)
December 21, 2001... The makers of "The Shipping News" were right to get a Scandinavian to direct it. Lasse Hallstrom, who's Swedish, has a real feel for the film's harsh Newfoundland setting and the quirky, spooky storytelling of Annie Proulx, on whose...

'Joseph' in final holiday season. (Theater).("Joseph and the Amazing Technicolor Dreamcoat" production reviewed, Denver, Colorado)(Review)(Brief Article)
December 21, 2001... Christmas traditions in the theater can go on only so long. For the Arvada Center and its annual productions of "Joseph and the Amazing Technicolor Dreamcoat," five years is enough. It's been several years since I've seen Arvada's...

Calendar.
December 21, 2001... Monday, December 24 The Colorado Women's Chamber of Commerce Downtown Leads Group meets the second and fourth Monday of every month at 7:30 a.m. at the Chamber, 2150 W. 29th Ave., 5th floor conference room, Denver. For more information,...

Military tribunals assure fairest day in court. (Point).(Brief Article)(Editorial)
December 21, 2001... With the war on terrorism proceeding more successfully on the military front than many critics expected, legions of pundits and oped writers have shifted to criticizing the executive order establishing military tribunals for those making war...

Secret trials are not what we stand for. (Counter Point).(discusses ramifications of President Bush's executive order of November 13, 2001, allowing detainment of non-US citizens)(Brief Article)
December 21, 2001... On Nov. 13, President Bush signed an executive order that authorizes the Secretary of Defense to indefinitely detain any person who is not a United States citizen if "there is reason to believe" that such a person is a terrorist, has...

T-Rex rumbling down the road.(Colorado highway project)(Brief Article)
December 21, 2001... The biggest highway project in state history got off the ground in 2001, yet a faltering economy cut the state's construction budget, forcing contractors to keep a wary eye on the future. The project was T-REX, named for the biggest,...

Banks in good shape -- for now.(Brief Article)(Statistical Data Included)
December 21, 2001... Colorado banks held their own in 2001, but their strong performance may not last. Lenders seem unfazed by the economic problems created by the current recession and September's terrorist attacks. But industry insiders know bank...

Largest Denver-Area Public Relations Firms: (Ranked by local income). (Business Services and Retail).
December 15, 2001... Largest Denver-Area Public Relations Firms (Ranked by local income) Business name, address Phone/ Local Rank Web address Fax income 2000 1. Ogilvy Public Relations...

Largest Denver-Area Advertising Agencies: (Ranked by gross income). (Business Services and Retail).
December 15, 2001... Largest Denver-Area Advertising Agencies (Ranked by gross income) Rank Gross - Income (3) Last ...

Largest Denver-Area Office Furniture Companies: (Ranked by local sales volume). (Business Services and Retail).
December 15, 2001... Largest Denver-Area Office Furniture Companies (Ranked by local sales volume) Rank - Last Local sales Year's Business name, address Phone/ volume rank Web...

Largest Denver-Area Commercial Printers: (Ranked by local sales volume). (Business Services and Retail).
December 15, 2001... Largest Denver-Area Commercial Printers (Ranked by local sales volume) Rank - Last Local sales year's Business name, address Phone/ volume rank Web address...

Largest Denver-Area Law Firms: (Ranked by number of local lawyers). (Business Services and Retail).
December 15, 2001... Largest Denver-Area Law Firms (Ranked by number of local lawyers) Rank No. of - No. of full-time Last ...

Largest Denver-Area Accounting Firms: (Ranked by number of local CPAs). (Business Services and Retail).
December 15, 2001... Largest Denver-Area Accounting Firms (Ranked by number of local CPAs) Rank - No. of Last CPAs year's Business name, address ...

Largest Denver-Area Staffing Agencies: (Permanent placement agencies - Ranked by 2000 revenues). (Business Services and Retail).
December 15, 2001... Largest Denver-Area Staffing Agencies (Permanent Placement Agencies - Ranked by 2000 revenues) Business name, address Phone/ Revenues Rank (1) Web address Fax 2000 ...

Larget Denver-Area Staffing Agencies: (Temporary/Flexible employee service agencies - Ranked by 2000 revenues). (Business Services and Retail).
December 15, 2001... Larget Denver-Area Staffing Agencies (Temporary/Flexible Employee Service Agencies - Ranked by 2000 revenues) Business name, address Phone/ Revenues Rank (1) Web address Fax ...

Largest Denver-Area Management Consultants: (Ranked by number of local consultants). (Business Services and Retail).
December 15, 2001... Largest Denver-Area Management Consultants (Ranked by number of local consultants) Rank - Last No. of local year's Business name, address Phone/ management rank...

Largest Denver-Area Electrical Contractors: (Ranked by Colorado revenue). (Construction and Finance).
December 15, 2001... Largest Denver-Area Electrical Contractors. (Construction and Finance) (Ranked by Colorado revenue) Rank - Last Colorado year's Business name, address Phone/ ...

Largest Denver-Area Mechanical Contractors: (Ranked by Colorado revenue). (Construction and Design).
December 15, 2001... Largest Denver-Area Mechanical Contractors (Ranked by Colorado revenue) Rank/ Last Colorado year's Business name, address Phone/ revenue rank Web address ...

Largest Front Range General Contractors: (Ranked by Colorado revenue). (Construction and Design).
December 15, 2001... Largest Front Range General Contractors (Ranked by Colorado revenue) Rank - Last Colorado year's Business name, address Phone/ revenue rank Web...

Largest Denver-Area Architectural Firms: (Ranked by Colorado-based revenue). (Construction and Design).
December 15, 2001... Largest Denver-Area Architectural Firms (Ranked by Colorado-based revenue) Rank - Last Colorado year's Business name, address Phone/ revenue rank...

Largest Denver-Area Engineering Firms: (Ranked by Colorado-based revenue). (Construction and Design).
December 15, 2001... Largest Denver-Area Engineering Firms (Ranked by Colorado-based revenue) Rank 2000 - revenue Last ...

Largest Colorado Public Companies Highest Paid Executives: (Ranked by total compensation). (Corporate Colorado).
December 15, 2001... Largest Colorado Public Companies Highest Paid Executives. (Ranked by total compensation) CEO name and Business name and address Rank complete title Market cap rank 1. ...

Largest Colorado Public Companies: (Ranked by no. of employees). (Corporate Colorado).
December 15, 2001... Largest Colorado Public Companies (Ranked by no. of employees) Rank/ Market 1-year Cap Business name, address No. of employee Rank Web address...

Largest Colorado Public Companies: (Ranked by net income). (Corporate Colorado).
December 15, 2001... Largest Colorado Public Companies (Ranked by net income) Rank - Market Net income Cap Business name, address 2000 (loss) Rank Web address ...

Fastest Growing Colorado Public Companies: (Ranked by two-year net income percentage growth). (Corporate Colorado).
December 15, 2001... Fastest Growing Colorado Public Companies (Ranked by two-year net income percentage growth) Rank - Market Cap Business name, address Percentage of Rank Web address ...

Largest Colorado Public Companies: (Ranked by market capitalization). (Corporate Colorado).
December 15, 2001... Largest Colorado Public Companies (Corporate Colorado) (Ranked by market capitalization) Market Rank cap - ...

Largest Colorado Public Companies: (Ranked by sales). (Corporate Colorado).
December 15, 2001... Largest Colorado Public Companies (Ranked by sales) Rank - Market Sales Cap Business name, address 2000 (loss) Rank Web address ...

Largest Denver-Based Franchisers: (Ranked by number of worldwide locations). (Corporate Colorado).
December 15, 2001... Largest Denver-Based Franchisers (Ranked by number of worldwide locations) Rank - Last No. of year's Business name, address Phone/ worldwide rank Web...

Largest Denver-Area Public Sector Employers: (Ranked by number of statewide employees). (Corporate Colorado).
December 15, 2001... Largest Denver-Area Public Sector Employers (Ranked by number of statewide employees) Rank/ No. of - employees Last ...

Largest Denver-Area Private Sector Employers: (Ranked by number of local employees). (Corporate Colorado).
December 15, 2001... Largest Denver-Area Private Sector Employers (Ranked by number of local employees) Rank No. of - employees Last ...

Largest Denver-Area Minority-Owned Businesses: (Ranked by total revenue). (Corporate Colorado).
December 15, 2001... Largest Denver-Area Minority-Owned Businesses (Ranked by total revenue) Rank - Last year's Business name, address Phone/ Total revenue rank Web address Fax 2000/1999 ...

Largest Denver-Area Women-Owned Business: (Ranked by revenue). (Corporate Colorado).
December 15, 2001... Largest Denver-Area Women-Owned Businesses (Ranked by revenue) Rank - Last year's Business name, address Phone/ Revenues rank Web or email address Fax 2000/1999 1. Ralph Schomp...

Largest Foreign-Owned Companies with Colorado Operations: (Ranked by number of local employees). (Corporate Colorado).
December 15, 2001... Largest Foreign-Owned Companies with Colorado Operations. (Ranked by number of local employees) Rank - No. of Last employees...

Denver-Area Wealthiest Zip Codes: (Ranked by 2000 median household income). (Corporate Colorado).
December 15, 2001... Denver-Area Wealthiest Zip Codes (Ranked by 2000 median household income) No. of Households/ Household...

Denver-Area Business Districts with Most Number of Businesses: (Ranked by number of businesses by zip code). (Corporate Colorado).
December 15, 2001... Denver-Area Business Districts With Most Number of Businesses (Ranked by number of businesses by zip code) Top industry Zip Code No. of No. of ranked on...

Largest Denver-Based Oil & Gas Cos.: (Ranked by total revenues). (Corporate Colorado).
December 15, 2001... Largest Denver-Based Oil & Gas Cos. (Ranked by total revenues) Rank - Last Total revenue year's Business name, address Phone/ 2000/1999 rank Web address ...

Largest Colorado Colleges and Universities: (Ranked by current student enrollment). (Education and Non-Profit).
December 15, 2001... Largest Colorado Colleges and Universities (Ranked by current student enrollment) Business name, address Phone/ Student Rank Web address Fax enrollment 1....

Largest Colorado Denver-Area Human Service Organizations: (Ranked by total operating budget). (Education and Non-Profit).
December 15, 2001... Largest Colorado Denver-Area Human Service Organizations (Ranked by total operating budget) Rank - Last Operating year's Business name, address Phone/ budget rank...

Largest Colorado Foundations: (Ranked by total assets). (Education and Non-Profit).
December 15, 2001... Largest Colorado Foundations (Ranked by total assets) Rank - Assets Last fiscal year year's Business name, address ...

Largest Denver-Area Private Schools: (Ranked by total enrollment). (Education and Non-Profit).
December 15, 2001... Largest Denver-Area Private Schools (Ranked by total enrollment) Rank - No.of Last teachers Year's School...

Largest Denver-Area Commercial Banks: (Ranked by Colorado-based Assets). (Finance).
December 15, 2001... Largest Denver-Area Commercial Banks (Ranked by Colorado-based assets) Rank Total - Colorado- Last ...

Largest Denver-Area Mortgage Banking Companies: (Ranked by dollar volume of loans originated in Colorado). (Finance).
December 15, 2001... Largest Denver-Area Mortgage Banking Companies (Ranked by dollar volume of loans originated in Colorado) Rank Dollar volume - of...

Pension Funds: (Ranked by total assets). (Finance).
December 15, 2001... Pension Funds (Ranked by total assets) Rank - Last Year's Business name, address Total assets rank Web address Phone ($ millions) 1. Colorado Public...

Largest Denver-Area Credit Unions: (Ranked by total assets). (Finance).
December 15, 2001... Largest Denver-Area Credit Unions (Ranked by total assets) Rank - Last Total year's Business name, address Phone/ assets rank Web address ...

Largest Denver-Area Investment Managers: (Ranked by total assets under management). (Finance).
December 15, 2001... Largest Denver-Area Investment Managers (Ranked by total assets under management) Rank - Last Company name, Year's address Phone/ Rank and Web site Fax 1....

Largest Denver-Area Stock Brokers: (Ranked by number of local brokers). (Finance).
December 15, 2001... Largest Denver-Area Stock Brokers (Ranked by number of local brokers) Rank - No. of No. of Last brokers employees...

Largest Denver-Area Small Business Administration Lenders: (Ranked by number of SBA-guaranteed loans made in Colorado). (Finance).
December 15, 2001... Largest Denver-Area Small Business Administration Lenders (Ranked by number of SBA-guaranteed loans made in Colorado) Rank - Last year's Business name, address Phone/ rank Web address ...