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George Noorey
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  • Construction Notices

    Flaggers, utility work NW 5th and Roanoke 7a-4p (10/27)
    Flaggers, lane closures on Skyline Ranch Road at Skyliners Road 7am-4pm (10/27-11/10)
    Flaggers, lane closure Century Dr. just W of Mammoth Dr. 7am-4pm (10/27)
    Flaggers, lane closures, 1400 block of Portland Ave. 7am-4pm (10/27)
    Single lane closure, 3rd Street S. Bound <> Wilson and Roosevelt. 7am-4pm (10/27-29)
    3rd Street & Huntington Rd in LaPine, delays up to 20 minutes 7am-7pm (>10/30)



  • Quantitative Easing

    Stocks snapped a 4 day win streak yesterday to close marginally lower.  The Federal Reserve ended their 2 day policy meeting yesterday and announced the end of Quantitative Easing.  They also said that they could raise interest rates sooner than expected if conditions in the labor market continue to improve, which caught investors off guard.

    Yesterday after the bell Visa reported 3rd quarter earnings that beat expectations.  The company earned $2.18/share when wall st. had been expecting them to earn $2.10/share.  That news sent Visa's stock 4.6% higher.

    The world's largest smartphone maker by volume, Samsung, reported 3rd quarter earnings that were 60% lower than over the same period last year.  Earnings at Samsung were the lowest they have been in 3 years as their mobile division continues to shrink.

    The US Department of Labor reported this morning that jobless claims last week rose 3,000 to 287,000, which is a number that will continue to push the unemployment rate lower.

    OPEC isn't happy about falling oil prices, but Americans sure are.  The average price of a gallon of gas nationwide is $3.06/gallon and it is certainly headed below $3/gallon.  For the average family that buys 90 gallons/month to fill up 2 cars they will save $720/year at current prices, which is like a big tax cut for the American consumer.

    And we got our first look at 3rd quarter GDP this morning and it appears the US economy grew at a 3.5% rate which was better-than-expected.

  • Seahawks Still Favored To Make Super Bowl

    (Las Vegas, WA)  --  Experts in Las Vegas are giving the Seattle Seahawks a good chance to return to the Super Bowl.  The odds are four-to-one that the Hawks will win the NFC Championship and advance to Super Bowl 49 in Glendale, Arizona.  Sports book Bovada says the odds are eight-to-one that Seattle will repeat as Super Bowl champs, but the Denver Broncos are five-to-two favorites to win it all.  The odds that the San Francisco 49ers will make the Big Game are 13-to-4.

  • Blazers Thump OKC In Season Opener, 106-89

    (Portland, OR)  --  The Portland Trail Blazers are off to a good start in the new NBA season, chalking up a 106-89 win over Oklahoma City.  The Blazers exploded in the fourth quarter to pull away from the Thunder, who came into the game short-handed.  LaMarcus Aldridge led Portland with 27 points, and Wesley Matthews scored 22.  The Blazers will visit the Sacramento Kings tomorrow night.

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