In the first six months of the year, 6,804 homes in the Reno-Sparks area — one in 27 homes — received foreclosure notices, RealtyTrac reports. The number is a decrease of 6 percent from the previous six months, but a spike of 4.4 percent from the first six months of 2009.
7/29/2010
Pinnacle Entertainment, which operates Boomtown Hotel and Casino, says the property earned a profit of $529,000 on revenues of $10,365,000 for the fiscal second quarter ended June 30. The property earned $82,000 on revenues of $10,588,000 in the same quarter last year.
7/29/2010
WENR Corp., parent of Ngensolutions LLC, which operates TV station KELM-43, has upgraded its transmitter at the East Red Peak antenna facility southwest of Reno. The upgraded transmitter is scheduled to become operational in August and allows better transmission and reception of the television signal.
7/29/2010
7/28/2010
Newmont Mining Corp. produced 420,000 ounces of gold from its Nevada operations in the quarter ended June 30 compared to 417,000 ounces mined during the same period last year. Production costs ran $601 an ounce in the quarter.
7/28/2010
7/27/2010
Taxable sales in Washoe County for the month of May fell 3.8 percent from year-earlier figures, the State Department of Taxation reports.
7/27/2010
NAI Alliance reports that the overall vacancy rate for retail space in Reno-Sparks stands at just over 17 percent. Line shop vacancies are at 22 percent, anchor vacancies are at 14 percent — all are record highs.
7/27/2010
The Builders Association of Western Nevada is having its Professional Women in Building Summit on Saturday at Empire Ranch Golf Course in Carson City from 1 to 6 p.m. Contact Maura Freeman at 882-4353 for more information.
7/27/2010
Reno-based Itronics reports that silver sales rose 24 percent in the second quarter compared to year-earlier figures. The company sold $193,200 worth of silver re-captured from spent photo processing fluids compared to sales of $155,200 in the second quarter of 2009.
7/27/2010
The Reno-Sparks area shed 28 percent of its construction workforce in the 12 months between June 2009 and 2010, the Associated General Contractors reports. The region’s construction workforce shrunk from 11,800 jobs to just 8,500.
7/27/2010
7/26/2010
The Builders Association of Northern Nevada has rescheduled its Construction Defect Forum that was supposed to be held on Tuesday to August 24 due to funeral services for former Gov. Kenny Guinn in Las Vegas.
7/26/2010
7/23/2010
The U.S. Department of Veterans Affairs has allocated $499,900 for expansion of the veterans cemetery at Fernley. The work will include development of three acres.
