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Utah 11th best state in which to retire, says website study
Utah is the 11th best state in which to retire, according to Bankrate.com, a personal finance website.
A website study rated states on eight factors — cost of living, healthcare quality, crime, cultural vitality, weather, taxes, senior citizens' well being ad the prevalence of other seniors, said Bankrate.com spokesman Ted Rossman.
Utah scored best in seniors' well being, (seventh) and healthcare quality (eighth). The state's biggest weakness was having the second lowest percentage of residents age 65 and older, he noted.
New Hampshire was Bankrate's best place to retire, followed by Colorado, Maine, Iowa and Minnesota.
Vista Outdoor Inc. faces shareholder lawsuit over impairment charge
Vista Outdoor Inc. is facing a shareholder lawsuit over its decision in January to take an impairment charge of $400 million to $450 million.
The Farmington-based sports and outdoor recreation equipment maker and marketer issued a press release saying it expects to write down the quarterly goodwill of its hunting and shooting accessories unit because of a softening of retail sales, deeper discounting and shift in consumer preferences. Goodwill is an intangible measure of a company's reputation, brand name and other factors.
The lawsuit, which seeks class action status, alleges the company, CEO Mark W. DeYoung, senior vice president and CFO Stephen M. Nolan and former Outdoor Products President Kelly T. Grindle violated federal securities law by making false or misleading statements or failed to disclose relevant information.
The suit seeks unspecified damages for shareholders who bought Vista shares between Aug. 11, 2016, and Jan. 13, 2017.
Vista did not respond to a request for comment.
BMW of Murray to receive 2017 Center of Excellence award
BMW of Murray was one of 33 BMW dealerships in North America to receive the German automobile manufacturer's 2017 Center of Excellence award based on customer service and sales data.
The continent's 342 BMW dealerships were measured on a dozen issues involving customer orientation, sales and after-sales activities.
Owned by the John H. Firmage family, BMW of Murray has been operating for more than 40 years. Its showroom is at 4735 S. State St.
Utah business people on the move
• Cottonwood Heights attorney Shirley Atkinson-Samms is one of 24 people newly appointed to the Internal Revenue Service's taxpayer advocacy panel.
• Solutionreach, a Lehi company that focuses on patient relationship management, has made Paul Kocherhans its senior vice president of sales, Justin Everette its vice president of marketing and Lance Rodela its vice president of product management.