PDL BioPharma revenues
7/29/2010 2:38:14 PM
PDL BioPharma of Incline Village earned net income of $50.1 million on revenues of $120.3 million during the three months ended June 30. The company earned $77.2 million on revenues of 125.9 million during the same period last year.

Reno-Sparks foreclosures
7/29/2010 11:56:21 AM
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.

Boomtown profits
7/29/2010 11:48:29 AM
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.

WENR upgrades transmitter
7/29/2010 9:17:12 AM
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.

Next week in NNBW: Wakeboarding and skiing facility completes upgrades.
7/29/2010 9:16:54 AM

Capital, staffing challenge geothermal
by John Seelmeyer, 7/26/2010
The availability of capital, experienced professionals and electric transmission lines will play major roles in determining how quickly the geothermal industry arises in northern Nevada. And the price of natural gas — a competitor to geothermal when it’s used to fire electric generating plants — could play a part, too. The geothermal industry could be a $22.5 billion industry in Nevada — mostly northern Nevada — within the next 30 years, says the Geothermal Energy Association.
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Juggling professionals learn to manage many balls in the air
by John Seelmeyer, 7/26/2010
Successful managers learn how to juggle multiple responsibilities. And successful jugglers, it turns out, are those who have learned how to manage. About 350 jugglers are expected to descend on John Ascuaga’s Nugget this week for the annual festival of the International Jugglers’ Association. While they’re in town, jugglers will compete for individual and team championships, participate in workshops on subjects such as advanced club passing (participants will work on passing with both hands, counts, hurrys and zips) and cheer shows by veteran and newcomer juggling performers. The association knows its members: Before booking at John Ascuaga’s Nugget, planners made sure the ballroom ceiling was at least 22 feet high. The Rose Ballroom passed muster at 25 feet.
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Accounting for new times
by U. Earl Dunn, 7/26/2010
“With a personality like that, he never should have become a public accountant!” Tough words from the chief executive of Reno-based accounting firm Muckel Anderson CPA. But Grant “Butch” Anderson III isn’t afraid to mince words. He knows the accounting profession is much more serious than joking around. Still, the 1981 graduate of University of Nevada, Reno has to chuckle, especially when it comes to describing the decision one well-known humorist made decades ago to put away his No. 2 pencils, hang up his green eyeshade and pursue other endeavors. The target for Anderson’s comment was funnyman Bob Newhart who, back in the early 1950s, studied to be an accountant.
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Regional recycler
by Rob Sabo, 7/26/2010
The decision to locate a facility in Elko has paid off for Pacific Steel and Recycling, which has added more than a dozen mine sites to its list of recycling customers since opening in September 2009. Pacific, which operates from a 44-acre facility at the Elko Regional Railport, started recycling operations with a single Barrick Goldstrike mine, and has since expanded into processing scrap steel and other metals from all the Barrick and Newmont Mining Corp. properties in the region. The logistics of rail transportation was one of the main reasons Pacific chose to open a facility in Elko — its first operation in Nevada. “We were servicing this area from Twin Falls, and Boise/Nampa already,” says Manager Kelly Wilson, who relocated from Boise to run the Elko facility. “The more familiar we became with the area the more we saw that the amount of business and the potential for business here was such that we needed to have a branch locally. It wasn’t cost-effective to try and service it
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