2014-06-20 09:31:00 by NW Quadrant Wealth Management
Yesterday the S&P 500 notched its 21st record high of 2014 (Market Watch). Want to find out if that is something to worry about? Check out Financial Focus Radio this weekend and we will tell you. Today is quadruple witching options Friday, which is likely increase trading volume and volatility.
Oracle increased sales by 3.4% to $11.32 billion in the latest quarter. However profits were down as costs increased 7.8%. The company made $3.65 billion down from the same time last year. (Fox Business News)
Fresh off their IPO of earlier this quarter, northwest based Papa Murphy is being sued by two sets of franchisees who say the company mislead them in financial statements. The financial website Seeking Alpha says 31% of all Papa Murphy franchisees are currently losing money. (Oregon Live)
In 2013 Gross Domestic Product for Oregon was up by 2.7%. Not bad. North Dakota GDP grew by a leading 9.7%. Alaska was the only state to decline, down 2.5%.(Wall Street Journal)
An electric HOG??? Yep Harley-Davidson is unveiling an electric motorcycle. But don’t expect the thunder to go away anytime soon. The new bike has a limited range of 130 miles or 30 to 60 minutes. No price tag announced. (Associated Press)