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Home prices down slightly in December, still strong for year

Home prices in Salt Lake City fell 0.5 percent from November to December, according to new data released by CoreLogic. Nonetheless, the prices, which include distressed sales, were up 7.1 percent from December 2014, it said. CoreLogic also said the Salt Lake City area…

Questar agrees to $4.4B buyout by Virginia firm

Salt Lake City-based Questar Corp. has been purchased by Dominion Resources Inc. of Richmond, Virginia. The buyout is an all-cash transaction in which Dominion has agreed to pay Questar shareholders $25 per share — a total of about $4.4 billion — and assume Questar’s outstanding…

SLC Northrop Grumman plant fetes LRS-B bomber contract

The party was a few months coming, but Northrop Grumman Corp. recently gathered company and government officials and employees in Salt Lake City to celebrate landing a huge U.S. Air Force contract. The company last October was awarded a contract for the engineering and…