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Author Archives: IBR Staff

Budget maestro predicts $200 million surplus (access required)

Budget maestro predicts $200 million surplus IBR STAFF REPORT The Idaho general-fund budget for fiscal 2006, ending next June 30, is about $2.2 billion, up 3.1%. Idaho Legislature Budget Director Jeff Youtz expects Idaho to have a $200 million surplus ...

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Reports indicate Albertsons walks away from offer (access required)

IBR STAFF REPORT Talks broke off late last week between Albertsons Inc. and the apparent leading bidder to buy the company, published reports said. The shutdown of negotiations, late Dec. 21, cast doubt over whether the whole company will be ...

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Micron earnings down year-to-year, up from past quarter (access required)

IBR STAFF REPORT Micron Technology Inc. reported net income of $63 million, or 9 cents per diluted share, on net sales of $1.36 billion, for its fiscal first quarter ended Dec. 1. In the year-earlier quarter, net income totaled $154.9 ...

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Cabela's to open in former Costco store site (access required)

IBR STAFF REPORT Cabela’s Inc., a hunting, fishing and outdoor gear retailer, plans to open a 132,000-square-foot store in the former Costco site in Franklin Towne Plaza near Franklin Road and Milwaukee Street in summer 2006. The outlet will be ...

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Unemployment insurance taxes up again (access required)

IBR STAFF REPORT Unemployment insurance tax rates will increase for Idaho’s 46,000 employers. The Idaho Department of Commerce & Labor said 2006 will mark the second straight year of rate increases under a multi-phased increase approved by the state Legislature. ...

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CEO Medina honored by NAWBO (access required)

IBR STAFF REPORT Sylvia Medina, president and CEO of Idaho Falls-based North Wind Inc., received the Business Woman of the Year Award from the Idaho chapter of the National Association of Women Business Owners on Dec. 13. North Wind, an ...

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King to keynote Chamber Legislative Forum (access required)

IBR STAFF REPORT AMI Semiconductor Inc. President and CEO Christine King is scheduled to keynote the annual Boise Metro Chamber of Commerce Legislative Forum, slated from 11:45 to 1:15 p.m. Jan. 12 at Boise Centre on the Grove. “She will ...

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Wells finances Pocatello retail center (access required)

IBR STAFF REPORT Wells Fargo Commercial Mortgage recently announced that it has provided $19.2 million for construction of Pocatello Square Shopping Center. Hawkins Cos., Boise, plans the 200,000-square-foot shopping center at the northeast corner of Hurley Drive and Yellowstone Avenue ...

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Albertsons closing two California stores (access required)

IBR STAFF REPORT Albertsons Inc. plans to close two Northern California stores in early January. The company – which has put itself up for sale partly to shed under-performing stores and generate cash from its real estate – will close ...

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IBR names recipients of 'Women of the Year' distinction for 2006 (access required)

IBR Staff Report Representatives of the Idaho Business Review have an-nounced the names of 35 women the business publication will honor as the 2006 “Women of the Year.” Honorees were selected by a panel of female judges that included a ...

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