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General

Denver: Aaron Dugar Sentenced For Multiple Crimes

Denver Man, Aaron Dugar Sentenced To Twelve Years In Federal Prison For Armed Carjacking and Bank Robbery DENVER (STL.News) United States Attorney Jason R. Dunn announced that Aaron Dugar, age 35, of Denver, was sentenced to more than twelve years (147 months) in federal prison for his role in an armed carjacking and bank robbery. The sentence will be followed by three years of supervised release. According to facts contained in the plea agreement, on December 29, 2018, Dugar stole an SUV at gunpoint, demanding that two victims get out of the SUV and leave their personal property including their cellphones. Dugar then fled in the SUV. About a half-hour later, Dugar robbed the Bank of the West in Wheat Ridge. He entered the bank carrying a dark colored backpack. He approached a tel...

Uncategorized

Newmont Announces $1.0 Billion Share Repurchase Program

DENVER, CO (STL.News) Newmont Corporation (NYSE: NEM, TSX: NGT) (Newmont or the Company) today announced its Board of Directors has approved a share repurchase program for up to $1.0 billion of common equity, to be completed over the next 18 months. The program will be executed at the Company’s discretion, utilizing open market repurchases to occur from time to time throughout the authorization period, and is in addition to Newmont’s industry-leading dividend framework. Newmont’s capital allocation philosophy balances steady reinvestment in the business, maintaining financial strength and flexibility, and providing leading returns to shareholders. Recently, the Company announced an industry-leading dividend framework, which includes a sustainable base dividend and additional returns a...

General

Denver: Alexander Uhey-Medina Sentenced For Possession Of Firearm

Denver Man, Alexander Uhey-Medina Sentenced To Five Years In Federal Prison For Possession Of Firearm While Drug Trafficking (STL.News) United States Attorney Jason R. Dunn announced that Alexander Uhey-Medina, 32, of Denver, Colorado, was sentenced to five years (60 months) in federal prison for possession of a firearm in furtherance of a drug trafficking crime. The sentence will be followed by three years of supervised release. According to facts contained in the plea agreement, on May 26, 2020, Denver police officers were attempting to locate Uhey-Medina for outstanding warrants. They located Uhey-Medina and followed him to a motel in Aurora, where he was taken into custody. Uhey-Medina stated that he had a weapon inside of the backpack he was carrying. An officer searched the b...

Business

VF Corporation: Regional Transformation Plan to Enable Growth in Asia

DENVER & SHANGHAI (STL.News) VF Corporation (NYSE: VFC), a global leader in branded lifestyle apparel, footwear and accessories, today announced a transformation plan for its Asia Pacific operations focused on evolving the region’s organizational design and footprint, and building new capabilities to accelerate growth for its brands. As part of its transformation initiative, VF will move the center of its brand operations from Hong Kong to Shanghai where the company currently employs approximately 900 office and retail associates. VF’s Asia Product Supply Hub, which serves as the base of operations for its global supply chain in the region, will also move from Hong Kong and relocate to Singapore. An additional shared services center for the region will be established in Kuala Lump...

Business

Newmont Announces Full Year and Fourth Quarter 2020 Results

DENVER, CO (STL.News) Newmont Corporation (NYSE: NEM, TSX: NGT) (Newmont or the Company) today announced it will report full year and fourth quarter 2020 operations and financial results before the market opens on Thursday, February 18, 2021 and will hold a conference call at 10 a.m. Eastern Time (8:00 a.m. Mountain Time) the same day. The earnings call will also be carried on the Company’s website. Conference Call Details Dial-In Number - (855) 209-8210 Intl Dial-In Number -(412) 317-5213 Conference Name - Newmont Replay Number - (877) 344-7529 Intl Replay Number - (412) 317-0088 Replay Access Code - 10150853 Webcast Details Title: Newmont Full Year and Fourth Quarter 2020 Earnings Conference Call URL: https://event.on24.com/wcc/r/2944657/AAD3A8F20AE863E...

Politics

Polis Provides Update on First Case of Variant of COVID-19

Governor Polis Provides Update on First Case of Variant of COVID-19 in Colorado DENVER (STL.News) Governor Jared Polis provided an update on Colorado’s response to the state’s confirmation of the first known variant case of COVID-19 in the U.S. Gov. Polis was joined by Dr. Rachel Herlihy, State Epidemiologist, CDPHE; Dr. Emily Travanty, PhD, Scientific Director, Laboratory Services Division, CDPHE; and Dr. Eric France, Chief Medical Officer, CDPHE. “All versions of this deadly virus are highly contagious, and it’s important that as we head into the final stretch, Coloradans make an even greater effort to wear masks around others, socialize only with people in their household, and stay at least six feet from others when out. The fact that we were able to detect this as quickly as we did...

Politics

Polis Takes Action in Response to COVID-19 Pandemic

Governor Polis Takes Action in Response to COVID-19 Pandemic DENVER (STL.News) Governor Polis took action in response to the COVID-19 pandemic. Gov. Polis extended an Executive Order pertaining to juvenile justice. He also released two new Executive Orders; one which will allow Local Public Health Agencies to reallocate contract dollars for COVID-19 response and one to allow veterinarians to provide telehealth services. SOURCE: COLORADO.Gov

Business

Western Union Bolsters its Global Digital Cross-Border Payments Leadership

Expands Real-time Payout into Billions of Bank Accounts to 100 Countries DENVER, CO (STL.News) Western Union (NYSE: WU), a global leader in cross-border, cross-currency money movement and payments, announced it has expanded real-time digital payout capabilities into 100 countries reaching billions of bank accounts.i For decades, Western Union already paid out in minutes into 550,000 agent locations in 200 countries and territories. The goal to expand real-time payout into bank accounts, wallets and cards was announced at the 2019 Investor Day where the company said it would reach the 100-country milestone in 2020. Expanding real-time payout capabilityii is a key focus of the Company’s digital growth strategy which centers on growing its industry-leading digital services offered throug...

Business

Western Union Advances Its Digital Growth Strategy With Investment in stc pay

DENVER, CO (STL.News) The Western Union Company (NYSE: WU), a global leader in cross-border, cross-currency money movement and payments, today announced that the Company has entered into a definitive agreement to acquire a minority stake in fast growing Saudi Digital Payments Company, or stc pay, a fully owned subsidiary of Saudi Telecom Company. According to the terms of the transaction, Western Union will invest up to $200 million for up to 15% ownership of stc pay. In conjunction with the investment, the companies extended the terms of their commercial relationship. stc pay has rapidly developed into a leading digital wallet service in Saudi Arabia, a young and quickly developing market which offers huge potential for digital services. With a strong base of over 4 million customer...

Business

Newmont Commits to Industry-Leading Climate Targets

Commits to 30% GHG emissions reductions by 2030 and goal of net zero emissions by 2050 DENVER, CO (STL.News) Today, Newmont Corporation (NYSE: NEM, TSX: NGT) the world’s leading gold mining company, announced industry-leading climate targets of 30% reduction in greenhouse gas (GHG) emissions by 2030, with an ultimate goal of achieving net zero carbon emissions by 2050. The new 2030 target builds upon Newmont’s existing GHG emissions reductions target of 16.5 percent over five years, concluding in 2020. “At Newmont, we hold ourselves to high standards — from the way in which we govern our business, to how we manage relationships with our stakeholders, to our environmental stewardship and safety practices,” said Tom Palmer, President and CEO of Newmont Corporation. “We fundamentally under...

Business

VF Corp. Announces Agreement to Acquire, Streetwear Leader Supreme®

Acquisition accelerates VF’s consumer minded, retail-centric, hyper-digital business model transformation; Acquisition follows long-standing relationship between Supreme® and VF, with the Supreme® brand a regular collaborator with VF’s Vans®, The North Face® and Timberland® brands; The Supreme® brand offers a $1 billion global opportunity over time through International and Direct-to-Consumer (DTC) expansion, core pillars of VF’s 2024 strategy; The Supreme® brand’s DTC model, brand loyalty and global footprint complements the ‘street-inspired’ aspects of VF’s Vans®, The North Face®, Timberland® and Dickies® brands; Acquisition is consistent with VF’s commitment to active portfolio management and enhances VF’s growth, profitability and cash flow profile; and, The Supreme® brand is expected ...

Politics

Colorado Recognized as Model for Addressing COVID in Nursing Homes

AARP Recognizes Colorado as Model for Addressing COVID-19 in Nursing Homes DENVER, CO (STL.News) The American Association of Retired Persons (AARP) recognized Colorado as a model for addressing the spread of COVID-19 in nursing homes. AARP has launched a new Nursing Home Dashboard with state-by-state data showing Colorado’s progress mitigating spread in long-term care facilities. “It’s an honor to receive this recognition from one of the nation’s most distinguished organizations focused on addressing issues affecting older Americans,” said Governor Polis. “We know that the COVID-19 pandemic has been particularly challenging for seniors living in nursing homes. While we are still fighting this virus, it is heartening to know that our Residential Care Strike Team is now being used as a n...

Politics

Colorado: Winter Outdoor Grant Program for Restaurants Is Now Open

Winter Outdoor Grant Program Application Process for Restaurants Is Now Open DENVER, CO (STL.News) Gov. Jared Polis, in partnership with the Colorado Restaurant Association (CRA), the Colorado Restaurant Foundation, and Xcel Energy, announced that applications are open for the Winter Outdoor Grant Program, which will provide funds to restaurants to winterize patio space for outdoor dining. In mid-October, Gov. Polis was joined by CRA and restaurateurs to discuss ways to support local restaurants during the pandemic. “The restaurant industry is critical to the economic health of the State of Colorado, and it’s vital to the well-being of our local communities,” said Governor Jared Polis. “We need to continue to support our restaurants, even as we work to contain the virus and reduce transmi...

Business

VF Corporation Appoints Lauren Guthrie as Vice President

VF Corporation Appoints Lauren Guthrie as Vice President, Global Inclusion & Diversity DENVER, CO (STL.News) VF Corporation (NYSE: VFC), a global leader in branded lifestyle apparel, footwear and accessories, today announced the appointment of Lauren Guthrie to the position of Vice President, Global Inclusion & Diversity (I&D). Guthrie will be responsible for leading VF’s global I&D efforts and directing, developing and operationalizing the company’s strategy with a focus on transformational change. “VF has accelerated our focus on inclusion and diversity in recent years, both inside and outside our company, and we’re committed to maintaining the strong momentum we’ve created,” said Anita Graham, VF’s Vice President and Chief Human Resources Officer. “Lauren is a collabo...

Politics

Colorado Governor Polis Releases Broadband Initiatives Report

DENVER, CO (STL.News) Today, Gov. Jared Polis released the Broadband Initiatives Report which outlines the state’s vision to create economic opportunity for Coloradans and accomplish the administration’s Bold Four issues through changing how Colorado governs, maps, funds, and deploys broadband. To support this vision, the Governor signed an Executive Order creating a Broadband Advisory Board within the Office of Information Technology (OIT) to focus on collaboration and coordination of broadband efforts for Colorado, and to partner with the Office of Future of Work (OFOW) to provide regular updates to the board on digital inclusion and literacy. “All Coloradans should have access to the information and services only broadband networks can provide. Access to broadband can help communitie...

General

Denver: Alicia Morelli Pleads Guilty To Distribution Of Heroin

Denver: Alicia Morelli Pleads Guilty To Distribution Of Heroin Resulting In Death (STL.News) – United States Attorney Jason R. Dunn announced that Alicia Morelli, age 35, of Denver, pleaded guilty yesterday afternoon to distribution of heroin resulting in death. Morelli appeared at the change of plea hearing in person and in custody. She was remanded to the custody of the U.S. Marshal at the conclusion of the hearing. The Denver Division of the DEA joins in this announcement. According to the stipulated facts contained in the plea agreement, on June 19, 2019, Denver Police officers responded to a Denver apartment on the report of an unresponsive female. Upon arrival, first responders located a deceased female lying on the bedroom floor. A syringe, a spoon with liquid, and an amount o...

Business

Newmont Corporation Increases Quarterly Dividend by 60 Percent

Newmont Corporation Increases Quarterly Dividend by 60 Percent to $0.40 Per Share DENVER, CO (STL.News) Newmont Corporation (NYSE: NEM, TSX: NGT) (Newmont or the Company) today announced that its board declared a quarterly dividend of $0.40 a share of common stock, payable on December 28, 2020 to holders of record at the end of business on December 11, 20 20. The next quarter dividend represents a growth of 60 percent compared to prior quarterly dividend of $0.25 per share. Newmont's dividend is the best from the gold industry also demonstrates that the Company's commitment to supplying investors with industry-leading yields. Newmont's capital allocation doctrine remains unchanged and balances stable re investment from the company, maintaining financial strength and flexibility, and als...

Business

Western Union Expands Real-Time Payout

Expands Bank, Wallet and Card Payout with Real-Time Capabilities advancing Global Digital Network to meet Growing Customer Demand DENVER, CO (STL.News) Western Union (NYSE: WU), a global leader in cross-border, cross-currency money movement and payments, announced it has further expanded its global digital network for funds payout and increased the availability of real-time payouts, advancing the company’s goal of building the world’s largest funds collection and distribution network to meet the growing customer demand for transparency, immediacy, and reliability. For decades, Western Union has been moving money with payout in minutes in over 130 currencies through its vast global retail network of over 550,000 agent locations across more than 200 countries and territories. The company n...