Business Briefs for Feb. 27 to March 2 |

Business Briefs for Feb. 27 to March 2


Mountain Express Mortgage welcomes new staff

Mountain Express Mortgage, a residential mortgage banker based in Park City, recently announced the addition of Brady Hartzog, Senior Loan Officer; Kim Dainton, Senior Loan Officer; Tina Coombs, Loan Officer; and Christopher Hartzog, Loan Assistant. Mountain Express Mortgage in a press release said it is delighted to welcome them as the newest "MegaStars" to the Park City office, said Ron Field, Branch Manager of MegaStar Financials Park City Branch.

U of U tied with MIT for creating new startups

The University of Utah is now ranked first in the country along with Massachusetts Institute of Technology (MIT) in creating new startup companies from its research-based inventions. This puts the University of Utah in front of prestigious institutions such as Columbia, Michigan and Johns Hopkins. The accomplishment is based on the latest survey of the Association of University Technology Managers (AUTM), which ranks over 150 public and private research institutions throughout the country. According to AUTM, the U of U started 20 new companies in fiscal year 2008 from technologies based on its varied research. For the past two years, the U has been ranked second to MIT.

Waddell & Reed, Ivy Funds gets top rankings For the second year in a row, Waddell & Reed Advisors Funds and Ivy Funds are at the top of the "Best Mutual Fund Families" over the last five years in an annual ranking published by Barron’s. In the newspaper’s Feb. 1, issue, Waddell & Reed Advisors Funds ranked first and Ivy Funds second in terms of performance over the five-year period ended Dec. 31 out of 54 fund families ranked.