Wednesday March 10, 2010 12:29 pm  

Boise company busy buying, turning around, businesses (access required)

POSTED: Wednesday, March 10, 2010 at 11:25 AM PT
BY: Brad Carlson
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HB Ventures, a year-old Boise business that buys other businesses and turns them around, sees the tough economy from all sides.
The HB Ventures portfolio comprises two acquired Huntington Learning Centers locations in Boise, one in Eagle, and one in Draper, Utah; a recently launched Huntington Supplemental Education Services franchise serving Idaho and Utah; HB Ventures [...]

Laska Co. brokerage adds consulting unit

POSTED: Wednesday, March 3, 2010 at 11:53 AM PT
BY: IBR Staff
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Laska Co. brokerage adds consulting unit
Business brokerage Laska Co., Boise, has added staff and expanded services to include business consulting.
Company President Bill Laska recently hired consulting veteran Clark Hvyonen to focus solely on business consulting.
“Our goal is to help new business owners, distressed businesses in turnaround situations, and growth-stage development for the purpose of improving [...]

Idaho Commerce Department helps make connections

POSTED: Friday, February 26, 2010 at 04:06 PM PT
BY: Robb Hicken
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The federal government has tried to stimulate the economy through a number of programs and the infusion of billions of dollars into grants. The hope is that small businesses will take advantage of these grants and begin to use the money to make the right hire.
Idaho’s economic recovery has been pegged by more than one [...]

Zions earns top marks in middle market banking

POSTED: Wednesday, February 24, 2010 at 11:17 AM PT
BY: IBR Staff
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Zions Bancorporation has been recognized by financial services consulting and research company Greenwich Associates as one of the nation’s top banks in nine national and two regional categories in middle market banking.
The survey is conducted annually with nearly 13,000 businesses across the U.S. with sales of $10 million to $500 million. Of the more than [...]

TriGeo Network Security signs 35 new credit unions

POSTED: Friday, February 19, 2010 at 01:15 PM PT
BY: IBR Staff
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Post Falls-based TriGeo Network Security, a provider of security information and event management (SIEM) solutions for mid-market enterprises, has signed 35 new credit unions to use its new security information management solution systems.
Evolving NCUA regulations continue to drive credit unions to adopt SIEM technology and TriGeo is the only vendor that turns log management into [...]

Wells Fargo invests $815,000 in Idaho nonprofits in 2009

POSTED: Wednesday, February 17, 2010 at 04:38 PM PT
BY: IBR Staff
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In 2009, Wells Fargo & Company invested almost $815,000 in 265 nonprofits in Idaho Region, up 17 percent over 2008. Wells Fargo invested $202 million in 18,000 nonprofits nationwide, surpassing $200 million for the second year in a row.
Idaho Region president Dana Reddington said, “In a year of incredible economic turmoil for so many [...]

Washington Trust Bank selects advanced data services provider

POSTED: Friday, February 12, 2010 at 11:39 AM PT
BY: IBR Staff
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Washington Trust has selected tw telecom, a provider of managed voice, Internet and data networking solutions, to provide IP VPN services to connect the bank’s 41 branches and offices in Washington, Idaho, Oregon and Utah with its technology support centers.
Chris Green, director, of IT Infrastructure Systems at Washington Trust Bank, “They examined everything from [...]

Home Federal Bancorp sees loss in 4Q

POSTED: Monday, February 8, 2010 at 10:24 AM PT
BY: IBR Staff
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Home Federal Bancorp officials reported a $300,000-plus loss in the final quarter of 2009, while focusing on the absorption of its purchase of Oregon-based Community First Bank.
“The integration of our Central Oregon Region was a focus of the quarter, as well as understanding the loss share loan portfolio,” said Home Federal CEO Len Williams. “We [...]

Syringa Bancorp extends common stock offering

POSTED: Wednesday, February 3, 2010 at 12:07 PM PT
BY: IBR Staff
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The Syringa Bancorp board has extended its common stock offering to allow shareholders and investors time to participate.
Syringa CEO and President Jerry Aldape said due to the fact the offering was made at possibly the worst time of the year, it warranted an extension.
“We believe it is appropriate to extend the offering as we received [...]

Competition increases among commercial property listing providers  (access required)

POSTED: Wednesday, February 3, 2010 at 11:57 AM PT
BY: Brad Carlson
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Entities that provide data on available commercial properties are getting more active in the Boise area. Exposing properties to a large audience, and making sure information is accurate and timely, are important as market conditions remain challenging, sources said.
In the Boise market, longtime player LoopNet Inc. is adding offerings, CoStar Group is getting more aggressive, [...]

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