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Around New Mexico

ALBUQUERQUE, N.M. — Doctors’ Laptop Missing

New Mexico’s largest independent doctors’ group says one of its laptops has either gone missing or has been stolen.

ABQ Health Partners informed patients about the laptop in a letter and apologized for the potential disclosure of personal information.

The letter suggests that patients put a fraud alert on their credit lines.


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ABQ Health Partners issued a statement Monday that said the situation involved minimal patient information and that no Social Security numbers, addresses or access to health records were released.

The company didn’t say how many patients received letters.

PNM Declares Dividend

PNM’s Board of Directors has declared the regular quarterly dividend of $1.145 per share on the 4.58 percent series of cumulative preferred stock.

The preferred stock dividend is payable Jan. 15, 2013, to shareholders of record at the close of business Jan. 2, 2013, the company said in a news release.

PNM Files Settlement Plan

An agreement filed by PNM with federal regulators would settle a 2011 generation rate case with the Navopache Electric Cooperative.

The agreement, which must be approved by the Federal Energy Regulatory Commission and Navopache board, proposes an annual rate increase of $5.3 million for Navopache’s 32,000 members in the White Mountains area in eastern Arizona and western New Mexico.


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It would extend PNM’s contract for 10 years and lock in the rate until Jan. 1, 2015. Starting in 2015, PNM would be able to file an application with a “true-up” mechanism to align rates with actual costs.

PNM has been the wholesale electric provider for the cooperative since 2000.

Oct. Wholesale Data Mixed

WASHINGTON – U.S. wholesale businesses increased their stockpiles in October but their sales fell sharply, a mix sign for economic growth.

The Commerce Department says stockpiles grew 0.6 percent in October. That’s slower than September’s 1.1 percent, which was the biggest gain in nine months.

October sales fell 1.2 percent, after rising 1.9 percent in September.

An increase in restocking leads to more factory production. But slower sales could force companies to cut back on restocking in coming months, which would slow growth in the October-December quarter.

Delta Buys Part of Airline

Delta Air Lines said it will buy almost half of Virgin Atlantic for $360 million as it seeks a bigger share of the lucrative New York-to-London travel market.

Virgin Airline was founded by Sir Richard Branson in 1984 as a cheaper and more stylish way to fly between the U.S. and London.

Delta plans to form a joint venture with Virgin Atlantic, where the two airlines would share money from the flights operated under the partnership. In order to coordinate the schedules of the two airlines, they’ll need antitrust approval from U.S. and European regulators.

Job Ads Signal Hiring Pickup

WASHINGTON – U.S. employers advertised more jobs in October than September, a sign that hiring could pick up in the coming months.

The Labor Department says job openings rose by 128,000 to 3.68 million. That’s the most since June.

Even with the increase, the number of available jobs is still below the roughly 4 million that were advertised each month before the recession began in December 2007.
— This article appeared on page B1 of the Albuquerque Journal